Transactions | Oct 25, 2024 Deka Immobilien sells shopping center in Portugal by Released Deka Immobilien has sold a shopping center in Portugal from an open-ended real estate institutional fund.
Transactions | Oct 25, 2024 TriOffice acquires Manchester asset in first investment by Denise Moose TriOffice, the office investment arm of specialist U.K. value-add real estate investor and asset manager Tri7 Group, has acquired an asset in Manchester in a joint venture with The Pears Group, marking TriOffice’s first investment since being set up in September 2024.
Transactions | Oct 25, 2024 Aware Super, Delancey form $1.3b real estate investment partnership by Released Aware Super has formed a strategic partnership with Delancey Real Estate, a U.K. investment, asset and development manager to establish a property platform in the U.K., to invest up to an initial £1 billion ($1.3 billion) in U.K. property.
People | Oct 25, 2024 Cityview promotes Damian Gancman to CIO by Released Cityview promotes Damian Gancman to CIO
Investors | Oct 25, 2024 Seattle City commits $20m to Sculptor fund by Elise Mackanych Seattle City Employees’ Retirement System made a commitment of $20 million to the Sculptor Real Estate Fund V, according to the Jason Malinowski, the chief investment officer at the retirement fund.
Transactions | Oct 25, 2024 L&G places equity stake in Taurus, commits up to $200m to high-growth real estate sectors in U.S. by Denise Moose Legal & General (L&G) announced its strategic investment in Boston-based, global real estate private equity firm, Taurus Investment Holdings (Taurus), alongside an initial commitment of up to $200m in seed capital to multifamily.
Investors | Oct 25, 2024 Illinois Retirement issues RFP for U.S. residential real estate by Elise Mackanych The Illinois Municipal Retirement Fund (IMRF), a public pension fund that administers retirement, disability and death benefits for employees of local government in Illinois, has issued a request for proposals (RFP) for closed-end, value-added, opportunistic U.S. residential real estate funds.
Research | Oct 24, 2024 Has the U.S. office market reached bottom? by Loretta Clodfelter There are indications that U.S. office market fundamentals are set to shift in a positive direction, reports JLL.
Investors | Oct 24, 2024 Baltimore Fire and Police makes $45m in total commitments to real estate by Elise Mackanych The Baltimore Fire and Police Employees Retirement System (F&P) recently made commitments of $45 million to three real estate investment programs: Madison International Real Estate Liquidity Fund IX, Sculptor Real Estate Fund V, and Starwood Distressed Opportunity Fund XIII.
People | Oct 24, 2024 Barings appoints Greg Eudicone as head of global real estate client portfolio management by Denise Moose Barings announced it has appointed Greg Eudicone as head of global real estate client portfolio management, expanding his focus from the United States to the global market as the real estate platform continues to scale.
Research | Oct 24, 2024 Retrofitted green offices achieve 18% average rental uplift in England and Wales by Marek Handzel Knight Frank has found retrofitting and refurbishing older office buildings in England and Wales to modern, sustainable workspaces achieves an average 18 percent rental uplift.
Research | Oct 24, 2024 U.K. and European real estate moving into new growth phase, says abrdn by Marek Handzel U.K. and European real estate is moving into a new growth phase as interest rate cuts begin to feed into a yield premium on the asset class, according to abrdn.
Transactions | Oct 24, 2024 CPP Investments, Kennedy Wilson to launch new U.K. single-family rental housing JV targeting $1.3b in real estate by Released Canada Pension Plan Investment Board (CPP Investments) has partnered with global real estate investment company Kennedy Wilson to launch a new single-family rental housing joint venture in the United Kingdom.
Transactions | Oct 24, 2024 Hines acquires core logistics property in Ruhr, Germany by Denise Moose Hines announced it has acquired a modern core logistics building in the heart of the Ruhr region for its open-end Hines European Core Fund (HECF).
Transactions | Oct 23, 2024 Meadow Partners, Citivale JV acquires industrial park in West London by Denise Moose Meadow Partners (Meadow) and Citivale Group Holdings (Citivale) announced the joint venture has acquired Zodiac Park, a warehouse and industrial park in West Drayton in Greater London from DTZ Investors.
