Newsline

Two Chinese state-owned companies, New China Life Insurance and China International Capital Corp., have plans to launch a RMB 10 billion ($1.41 billion) fund to invest in companies with real estate project assets.

Nexity has plans to sell 100 percent of its Residential Property Management Services (RPMS) business to Bridgepoint.

Archer Hotel Capital has acquired he 210-key Hoxton Shoreditch and the 220-key Hoxton Holborn in London.

Walton Global has sold 129 acres within the Princeton Master Plan in the Dallas–Fort Worth (DFW) area.

The School Employees Retirement System of Ohio (SERS Ohio) committed $40 million to Blackstone Strategic Partners Real Estate VIII (BSPRE VIII) on Sept. 21, the retirement system announced in a recent press release.

Twall of rolling commercial real estate (CRE) loans is turning up the temperature in a debt market that is already feeling significant heat from higher rates and less liquidity.

The commercial real estate sector is currently facing a range of downside risks stemming from rising interest rates, ongoing property market adjustments, and softer fundraising conditions. Because of this, CBRE recommends looking further into the four quadrants of commercial real estate investment.

When business districts hollowed out at the height of the COVID-19 pandemic, and downtowns became ghost towns, a top-flight office building in a gateway city, filled with blue-chip financial clients, lost its luster. Those assets, once the ideal institutional holding, suddenly became liabilities.

In the UK real estate market, a notable shift is taking place, with more attention falling on single-family rental (SFR).

One of the biggest themes that came out of CREtech New York, a conference dedicated to real estate innovation and sustainability that was held over 19 to 21 September, was the risk of climate change to not only the built environment, but to real estate investors themselves, writes Michael Beckerman, CEO of CREtech.

The Missouri Local Government Employees Retirement System (LAGERS) has announced the retirement of Brian Collett, chief investment officer, effective January 31, 2024.  

The Texas Municipal Retirement System is targeting to commit $200 million toward real estate, according to its recent board-meeting agenda.

Tishman Speyer has acquired Union West, a recently-constructed, 15-story luxury residential tower in Downtown Chicago’s popular West Loop neighborhood.  

The RCLCO Current Real Estate Market Sentiment Index (RMI) which is measured on a 100-point scale, has remained flat over the past six months.

Harrison Street has continued expansion in Canada through two student housing transactions in British Columbia.

CBRE Investment Management, on behalf of a fund sponsored by the firm, has acquired a student housing complex, providing 448 rooms (580 beds) in Milan.

Walton Global has acquired Elena Trails.

Vertical Bridge REIT has announced the promotions of Bob Glosson to executive vice president and COO, and Blair Crawford to executive vice president of leasing and marketing, effective Jan. 1, 2024.

Special investment fund eQ Community Properties Fund has sold 17 healthcare properties to a fund represented by the Nordic real estate investor Nrep.

Border to Coast Pensions Partnership (Border to Coast), the largest U.K. local government pension scheme, committed €80 million ($87.6 million) to Hines European Real Estate Partners III (HEREP III), as part of HEREP III’s final closing at the end of November 2023.