Research | Apr 24, 2024 Capital raised for nonlisted real estate hit record low in 2023 by Released Fund managers raised a minimum of only €117 billion ($130 billion) for nonlisted real estate globally in 2023, according to the Capital Raising Survey 2024, published today by ANREV, INREV and NCREIF.
Transactions | Apr 24, 2024 Salter Brothers secures Heritage Victoria permits, City of Melbourne support for Intercontinental Hotel renewal by Released Salter Brothers has secured Heritage Victoria Permits.
Fundraising | Apr 24, 2024 Palatine Real Estate Fund IV closes with $594m of capital commitments by Lewis Dayton Palatine Capital Partners Management has held a final close.
Other | Apr 24, 2024 CalPERS to lead committee governing Climate Action 100+ by Released CalPERS has announced that Michael Cohen, COO, has been appointed Steering Committee chair of Climate Action 100+, a global organization of investors working with the world’s largest companies to fight climate change.
Investors | Apr 24, 2024 Virginia Retirement commits $250m to ACORE Credit Partners II by Lewis Dayton The Virginia Retirement System (VRS) has committed $250 million to ACORE Credit Partners II, recent meeting documents show.
People | Apr 24, 2024 Lars Dijkstra is serving as interim CIO at PGGM by Lewis Dayton Lars Dijkstra is serving as interim chief investment officer at PGGM, the Dutch cooperative pension investor, according to his LinkedIn page.
People | Apr 24, 2024 Blue Owl Capital hires Australia Future fund’s deputy CIO Alicia Gregory by Released Alicia Gregory has joined Blue Owl Capital as a managing director based in Sydney.
Fundraising | Apr 23, 2024 CORRECTION: AllianceBernstein U.S. Real Estate Debt Fund series by Lewis Dayton
Transactions | Apr 23, 2024 Greystar completes first 1msf at Gateway Grand in Mesa, Ariz. by Andrea Zander Greystar has completed its first 1.07 million-square-foot industrial development at Gateway Grand in Mesa, Ariz. It is the company’s first industrial project to deliver in the state.
People | Apr 23, 2024 CBRE IM welcomes Jonathan San Antonio as senior director for U.S. value-added fund series by Released Jonathan San Antonio has joined CBRE Investment Management as senior director for the company’s U.S. closed-end enhanced return series.
Transactions | Apr 23, 2024 Harrison Street to develop student housing community at Texas A&M University by Released Harrison Street has plans to develop Aspire A&M, an 873-bed purpose-built student housing community at Texas A&M University.
Investors | Apr 23, 2024 Swiss Life Asset Managers UK announces partnership with Ares Management on self-storage platform by Released Swiss Life Asset Managers UK has partnered with Ares Management Real Estate Secondaries funds to accelerate growth of the self-storage platform The Storage Team, a portfolio centered on underserved locations.
Transactions | Apr 23, 2024 The Dot Group completes acquisition of CRM Students, becoming largest student housing operator in Europe by Released The Dot Group has closed its acquisition of CRM Students from CORESTATE Capital Holdings.
Investors | Apr 23, 2024 TPG Angelo Gordon, Ridgeback Group enter the U.K. housebuilding sector with investment in HarperCrewe by Released HarperCrewe, a U.K. housebuilder led by experienced industry operator Adrian Bloor, has received a significant strategic investment from TPG Angelo Gordon and Ridgeback Group.
Investors | Apr 23, 2024 Scottish National Investment Bank commits additional €23m to Thriving Investments by Released The Scottish National Investment Bank has committed a further £20 million to the mid-market rent strategy managed by Thriving Investments.
Research | Apr 23, 2024 Asia Pacific commercial real estate investment increases by 13% in the first quarter by Released Asia Pacific was the only region globally to see growth in commercial real estate investment in first quarter 2024.
Other | Apr 23, 2024 Blackstone’s BREP Europe VII has raised $7.1b of capital; COO talks current real estate market by Lewis Dayton Blackstone Real Estate Partners Europe VII (BREP Europe VII) has raised $7.07 billion of committed capital, as of March 31, 2024, reveal documents from the firm’s first quarter 2024 report.
Transactions | Apr 23, 2024 GID Industrial announces acquisition of 299,000sf portfolio in Houston by Released GID has acquired Beltway Northwest.
Investors | Apr 23, 2024 Aware Real Estate begins two Melbourne housing developments by Andrea Zander Aware Real Estate has begun its housing developments at Queens Road, in Melbourne’s inner south, and Preston in the city’s north.
Research | Apr 22, 2024 REITs poised to weather Fed cut delays, says Nareit by Lewis Dayton In a recent market commentary for Nareit, Edward F. Pierzak, senior vice president of research at Nareit, argued that the delaying of a Fed cut is not posing a significant problem to REITs.
