Transactions | Apr 30, 2024 Investor group led by Riverside to acquire The Townsend Group by Andrea Zander The Riverside Co. has announced that its affiliate has signed a definitive agreement to acquire The Townsend Group from Aon.
Research | Apr 30, 2024 Deloitte: 2024 commercial real estate M&A outlook by Released There will be a pick-up in transactions, according to Deloitte in its outlook report.
Research | Apr 29, 2024 Hong Kong’s office market records positive net absorption in March by Released Hong Kong’s overall class A office market recorded a positive net absorption of 137,000 square feet in March.
Transactions | Apr 29, 2024 PGIM Real Estate acquires 30-megavolt ampere data center development near Munich, Germany by Released PGIM Real Estate has acquired a property north of Munich, suitable for data center development, on behalf of its closed-end value-added fund European Value Partners (EVP) II.
Transactions | Apr 29, 2024 Kennedy Wilson, Haseko acquire two multifamily communities in Vancouver, Wash., for $90m by Released A real estate fund managed by Kennedy Wilson has partnered with Haseko Corporation to acquire The Farmstead and Villas at 28th Street communities in Vancouver, Wash.
People | Apr 29, 2024 Generali Real Estate strengthens its presence on global markets with strategic appointments by Released As part of the reorganization of Generali Real Estate S.p.A., led by CEO Aldo Mazzocco, Alberto Agazzi has been promoted to a new role focused on developing the company’s growth in global markets (United Kingdom, United States and Asia Pacific).
People | Apr 29, 2024 Griffin Capital welcomes Paul DeMartini as CIO by Released Griffin Capital has appointed Paul DeMartini to serve as CIO.
Investors | Apr 29, 2024 CPI PROPERTY GROUP to make €250m with Sona Asset Management for offices in Poland by Released CPI PROPERTY GROUP has signed a commitment agreement with Sona Asset Management (U.K.) LLP regarding a proposed equity investment of €250 million ($268 million) in Poland.
Transactions | Apr 29, 2024 Azora acquires two urban hostels in Dublin and Barcelona by Released Azora, the Madrid-based European real estate investment manager, has completed the acquisition of two hostels located in Dublin and Barcelona on behalf of its Azora European Hotel and Lodging Fund (AEHL) through a transaction with a fund managed by BlackRock.
People | Apr 29, 2024 BKM Capital Partners hires David Jensen as managing director, strategic partnerships by Released BKM Capital Partners announced it has hired David Jensen as managing director, strategic partnerships. Based in Newport Beach, Calif., he will report directly to Bill Gallipeau, chief financial officer at BKM.
Investors | Apr 29, 2024 New York Teachers commits $500m to real estate vehicles by Lewis Dayton The New York State Teachers Retirement System (NYSTRS) has committed $300 million to a Prima Separate Account, $100 million to GCM RE Equity Investment Partners 2024 I and $100 million to GCM RE Debt Investment Partners 2024 I.
Research | Apr 29, 2024 MSCI Real Assets: European commercial real estate investment falls for seventh consecutive quarter in Q1 by Released European commercial real estate investment fell for the seventh consecutive quarter in the first three months of 2024 as many buyers and sellers remained unwilling to transact given the uncertainties over pricing.
Investors | Apr 26, 2024 New Jersey DOI commits $250m to Bain Capital Real Estate Fund III by Lewis Dayton The New Jersey Division of Investment (NJDOI) has committed $250 million to Bain Capital Real Estate Fund III, confirmed Kevin Higgins, head of real estate, NJDOI.
People | Apr 26, 2024 Invesco hires new head of consultant relations by Lewis Dayton Karen Fernandes is joining Invesco as head of consultant relations, Clint Harris, head of wealth management platforms and institutional relations at Invesco US, announced on LinkedIn.
Investors | Apr 26, 2024 New Mexico SIC commits $550m to real estate funds by Lewis Dayton The New Mexico State Investment Council has approved a commitment of $100 million to Jadian Real Estate Fund II and a commitment of $150 million to WCP NewCold III, as well as a re-up commitment of $300 million to Carlyle Realty Partners X.
Research | Apr 26, 2024 Illiquid assets move up the investment agenda, study shows by RELEASED More than three-quarters (78 percent) of institutional investors and wealth managers will increase allocations to illiquid assets during the next five years, with 10 percent making dramatic increases, new research from international asset management company Managing Partners Group (MPG) reveals.
Research | Apr 26, 2024 U.S. GDP slows, inflation remains persistent by Lewis Dayton U.S. real GDP grew at a 1.6 percent annual rate in first quarter 2024, the Department of Commerce reported in its advance estimate.
Research | Apr 26, 2024 NCREIF Timberland Index posts 2.12% for first quarter by Released The National Council of Real Estate Investment Fiduciaries (NCREIF) has released first quarter 2024 results of the NCREIF Timberland Index.
Research | Apr 26, 2024 Some improvement in institutional property values, but returns still negative by Released The National Council of Real Estate Investment Fiduciaries (NCREIF) has released first quarter 2024 results for the NCREIF Property Index.
Transactions | Apr 26, 2024 PCCP, Stonemont Financial Group to develop class A speculative industrial warehouse near Tampa International Airport by Released PCCP and Stonemont Financial Group have formed a joint venture for the speculative development of Johns Road Industrial.
