Newsline

GID has continued expansion of GID Residential Partners, its national residential development platform, with a strategic entry into the Florida market.

ICG Real Estate (ICGRE), the real estate division of global alternative asset manager ICG, has held the final close for the second vintage of its opportunistic real estate strategy.

London has cemented its position as the world’s leading destination for investment at a time of heightened geopolitical uncertainty, according to the latest Global Cities Barometer from London Property Alliance. But a deepening shortage of modern office space in central London now risks choking that success, limiting the capital’s ability to convert global investment into jobs, growth and tax revenues.

Neinor Homes has formed a new joint venture with Stoneshield Capital  to develop a residential project located in Marbella, Spain.

Invesco Real Estate has acquired a 24,000-square-meter (258,334-square-foot) greenfield plot in Moosburg, located north of Munich Airport, for the speculative development of a 11,500 square-meter (123,785-square-foot) class A logistics facility.

Greater Manchester Pension Fund (GMPF) has formed a new joint venture with funds and accounts managed by BlackRock to drive major investment into the United Kingdom’s primary healthcare sector.

VICI Properties has made the C$200.6 million ($144 million) pending acquisition of the real estate assets of Deerfoot Inn & Casino, Great Northern Casino and two limited-service hotels adjacent to the Great Northern Casino, located in Alberta, Canada, in connection with Pure Casino Entertainment Limited Partnership’s pending take-private acquisition of Gamehost Inc.

Callahan Capital Partners has hired Christine Torres as senior vice president, leasing and markets.

BGO and Bell Partners have entered into an agreement to combine their businesses to deepen their position as a leader across both the commercial and multifamily sectors, following the recent acquisition of Bell Partners by Sun Life Financial, BGO’s parent company.

DWS has acquired 32–36 York St., a boutique office building in the heart of Sydney’s CBD, from a local private real estate developer.

Tishman Speyer has completed the off-market acquisition of 50 Pall Mall, a prime, class A office property in the heart of St James’s, one of London’s most prestigious office destinations.

In February, Cabot Properties acquired a 220,608-square-foot, multistory logistics warehouse in Minoh City, Osaka — its first investment in Japan. The transaction marks the firm’s strategic entry into one of the world’s most liquid and supply constrained industrial markets. In an exclusive interview with IREI, Mike McCarthy, co-CIO of Cabot’s Value Fund series, discusses the deal more in-depth, including why the firm views Greater Osaka as a compelling gateway for long-term logistics investment and how the asset aligns with Cabot’s focus on modern, infill facilities near major population centers. He also shares broader insights into the Japanese logistics landscape, highlighting the role of dense urban demand, evolving tenant requirements and the growing influence of ecommerce and third-party logistics operators. McCarthy also explains how Cabot built conviction in the market, the importance of local expertise and how supply dynamics and rental growth are shaping opportunities across Japan.

Digital Realty has completed a final close for its inaugural U.S. hyperscale data center fund, securing $3.25 billion of total equity commitments from a diverse group of global institutional investors, including public pensions, sovereign wealth funds, endowments and foundations, corporate pensions, insurance companies and asset managers, and family offices.

Rockpoint has acquired six trophy-quality light industrial buildings in the Raleigh and Charlotte, N.C., markets.

JLL’s Hotels & Hospitality Group has promoted Julien Naouri to head of investment sales.

Urban Partners, through Nordic Strategies Fund V, has entered a joint venture with Genova Property Group relating to the first phase of the Viby urban development project in Upplands-Bro, north of Stockholm.

In an exclusive Q&A with IREI, Pong discussed the deal with Apollo and Realty Income Corp.’s broader push into private capital. “We are the first REIT to execute this type of structure,” he said. “This is a key part of our broader private capital strategy, which is now multi-pronged, and reflects a lot of work we have been doing behind the scenes.”

A slowdown in construction is intersecting with the early stages of recovery in the U.S. commercial real estate cycle, creating a more fundamentals-driven environment for investors. Rich Hill, senior managing director and global head of research and strategy at Principal Real Estate, said in an interview with IREI, development activity has declined across property types, particularly in multifamily and industrial, as higher labor, material and financing costs have constrained new supply. At the same time, the market is shifting away from the post-global financial crisis playbook, where accommodative policy and cap-rate compression supported returns. In today’s higher-for-longer rate environment, performance is expected to rely more heavily on net operating income growth and active asset management.

EQT Real Estate Industrial Core-Plus Fund II has completed the sale of a 36-property, 7.3 million-square-foot portfolio of institutional-grade logistics assets located across the United States.

Equus Capital Partners has completed the acquisition of Greylyn Business Park for $102 million.