Investors | Oct 26, 2023 New Mexico SIC amends Meketa contract to include real estate debt investments by Lewis Dayton The New Mexico State Investment Council approved an amendment of its contract with Meketa to expand coverage to include real estate debt investments and to reflect increased commitment requirements during its meeting on Oct. 24.
Investors | Oct 26, 2023 Blackstone sees 11% gross return for infrastructure in third quarter by Lewis Dayton Blackstone’s infrastructure investments generated a gross return of 11 percent during the third quarter, according to the firm’s latest quarterly earnings report.
Research | Oct 26, 2023 Asia Pacific hotel investments forecast to reach $10b in 2023 by Andrea Zander Hotel investments in Asia Pacific will cool to $10.1 billion for 2023 due to a variety of external factors, representing a year-on-year decline of 14 percent, forecasts JLL.
Research | Oct 26, 2023 MSCI Real Assets: No sector or market in Europe escapes slowdown for CRE investment by end Q3 by Released European commercial real estate (CRE) registered the seventh consecutive quarter of falling investment in July through September.
Research | Oct 26, 2023 Savills Investment Management adds more than 260 homes in Madrid by Released Savills Investment Management has added more than 260 build-to-rent (BTR) and build-to-sell (BTS) units in a prime area of Madrid to its portfolio of assets under management.
People | Oct 26, 2023 Rudin announces leadership succession plan by Released Rudin has announced its succession plan for 2024.
Transactions | Oct 25, 2023 Fidelity buys London office for climate fund by Andrea Zander Fidelity International has bought 99 Queen Victoria Street, EC4, from WeWork’s property arm for a new climate impact fund.
Transactions | Oct 25, 2023 Invesco Real Estate sells Majestar in Seoul for $385m by Andrea Zander Invesco Real Estate has sold Majestar City Tower B, a Seoul office property located in the Gangnam Business District — known as one of Seoul’s major business districts and one of the best-performing office markets in the city — to a REIT vehicle managed by Koramco for KRW 520 billion ($385 million).
Transactions | Oct 25, 2023 Kairoi Residential pays $161m for luxury community in Denver by Released Kairoi Residential has paid $161 million for Zia Sunnyside Apartments.
Fundraising | Oct 25, 2023 Tidewater surpasses goal in capital raise for third discretionary fund by Andrea Zander Tidewater Capital has exceeded its initial target of $200 million in equity commitments for its third discretionary fund.
Investors | Oct 25, 2023 Bain Capital Credit commits $300m in D&J China by Andrea Zander Bain Capital Credit has committed an investment of $300 million in D&J China.
Transactions | Oct 25, 2023 Mitsui & Co. Digital Asset Management buys prime hotel Tokyo’s Ginza district by Andrea Zander A special purpose vehicle (SPV), controlled by Phoenix Property Investors, has sold Quintessa Hotel Tokyo Ginza, located in central Tokyo, to an SPV established by Mitsui & Co. Digital Asset Management.
Transactions | Oct 25, 2023 Cheyne Capital Real Estate, Bain Capital Special Situations announce completion of €250m senior loan by Released Cheyne Capital and Bain Capital Special Situations have completed a senior loan of €250 million ($tk million) to fund the development of around 170 new homes in Italy.
Transactions | Oct 25, 2023 Stonepeak completes sale of 1.3msf industrial campus in Charleston by Released Stonepeak has completed the sale of Omni Industrial Campus.
Transactions | Oct 25, 2023 Panattoni to deliver City Logistics Poznan III park in Poland by Andrea Zander Panattoni has plans to build a 44,000-square-meter (476,612-square-foot) logistics center for the Raben Group.
Fundraising | Oct 24, 2023 Goodstone Living establishes U.K. build-to-rent residential fund by Andrea Zander Goodstone Living has announced the establishment of its first fund targeting the build-to-rent residential real estate sector following the final close of Goodstone Living Partners 1.
Fundraising | Oct 24, 2023 Civicap Partners announces final close on Develop-To-Core Fund II by Andrea Zander Civicap Partners has held a final close for its Develop-To-Core Fund II (DTC II), raising $179 million.
Fundraising | Oct 24, 2023 Dexus launches new fund in its opportunity fund series by Andrea Zander Dexus has launched Dexus Real Estate Partnership 2 (DREP2).
Transactions | Oct 24, 2023 Savills IM acquires French logistics property for German pension fund by Released Savills Investment Management (Savills IM) has acquired a logistics building near Angers, in the west of France.
Transactions | Oct 24, 2023 Faropoint acquires two industrial parks in New Jersey for $144m by Released Faropoint has acquired two industrial parks in New Jersey totaling 770,064 square feet.
