Transactions | Nov 15, 2023 AlphaReal, Just Group invest in more than 100 health and childcare facilities by Released AlphaReal, the specialist secure income manager, has deployed £350 million ($374 million) of long-income real estate–backed investments across nine months on behalf of Just Group, with a significant social infrastructure focus
Investors | Nov 15, 2023 University of Wisconsin’s endowment yields 10.5% return for fiscal year by Lewis Dayton The University of Wisconsin’s (UW) endowment portfolio, valued at $3.84 billion, generated a return of 10.5 percent for the fiscal year that ended on June 30.
Real Estate | Nov 15, 2023 LA Fire and Police received $86m in real estate redemptions; post fiscal year returns by Lewis Dayton During the second quarter, the Los Angeles Fire and Police Pension (LAFPP) received $86 million in redemptions, including a $60 million redemption from Cohen & Steers REIT, a $14 million redemption from Principal REIT and a $12 million redemption from Alliance REIT.
People | Nov 14, 2023 Kimberly Adams to join Clarion Partners as managing director by Released Kimberly Adams will be joining Clarion Partners’ senior leadership team as a managing director in early 2024.
Investors | Nov 14, 2023 Neinor Homes, Urbanitae to invest €150m in BTS Spanish JV by Andrea Zander Neinor Homes and Urbanitae have agreed to create a joint venture.
Transactions | Nov 14, 2023 BXP agrees to sell 45% interest in Kendall Square Life Sciences Properties by Andrea Zander BXP has entered into agreements to sell a 45 percent interest in two life sciences development properties.
Investors | Nov 14, 2023 Q&A: The life sciences industry is keeping the office market afloat, says Cove CEO by Andrea Zander Adam Segal, CEO of the real estate tech enablement platform Cove, discusses how the life sciences sector is a subset of the office market.
Investors | Nov 14, 2023 Matter Real Estate welcomes UBS Asset Management as anchor investor in new U.K. SFR housing fund by Andrea Zander Matter Real Estate has announced that UBS Asset Management, Real Estate & Private Markets, Multi-Managers business (UBS REPM MM) has agreed to invest in a new fund, Matter UK Residential Income Fund (MUKRIF), seeded by assets from Matter portfolio company Placefirst, which will also continue as a property manager.
Transactions | Nov 14, 2023 PIC and London Square Group invest $61.1m in affordable housing project by Lewis Dayton The Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension schemes in the United Kingdom, has announced its first affordable housing investment of £50 million ($61.1 million) to develop 125 affordable and shared ownership homes, funded with a combination of internal debt and equity.
People | Nov 14, 2023 Folksam names Jonas Bjuggren as new director of real estate by Lewis Dayton Folksam, the Swedish insurance company that manages over SEK 550 billion ($50.6 billion), has announced Jonas Bjuggren as its director of real estate, effective Jan. 15, 2024.
People | Nov 14, 2023 Savills appoints David Lipson as CEO of North America by Andrea Zander Savills has appointed David Lipson as CEO of Savills North America.
Transactions | Nov 14, 2023 $300m in financing secured for over 40 manufactured housing communities by Released JLL Capital Markets has arranged more than $300 million in acquisition financing for a 10,000-plus pad portfolio of manufactured housing communities.
Transactions | Nov 14, 2023 Asia Pacific investment volumes fell 22% in the third quarter 2023 by Andrea Zander Commercial real estate investment activity in Asia Pacific moderated 22 percent year-on-year (y-o-y) in the third quarter 2023, recording the lowest quarterly figure since second quarter 2010, according to JLL.
Transactions | Nov 14, 2023 Oryx acquires €29m logistics development on behalf of Middle East investors by Released Oryx Real Estate Partners has acquired a five-acre logistics site in Milton Keynes, marking its debut U.K. logistics investment.
Transactions | Nov 14, 2023 Metro, TE Capital and LaSalle Investment jointly acquire Singapore office for $450m by Andrea Zander A joint venture .has acquired VisionCrest Commercial for approximately $331 million.
Real Estate | Nov 14, 2023 Vermont Pension Investment Commission commits $100m to real estate funds by Lewis Dayton The Vermont Pension Investment Commission (VPIC) has approved a $50 million commitment to Angelo Gordon Net Lease Realty (AGNLR) Fund V and a $50 million commitment to Blue Owl Real Estate Fund (BOREF) VI, according to the drafted minutes of the VPIC’s Oct. 31 meeting.
People | Nov 14, 2023 Hilco Real Estate names co-CEO of its real estate asset management division by Released Hilco Real Estate (HRE) has named Alan Shaw as executive vice president of the organization and co-CEO of its real estate asset management division.
Transactions | Nov 13, 2023 CapitaLand India Trust secures $157m loan to develop its Navi Mumbai data center by Released CapitaLand India Trust (CLINT) has secured a five-year construction loan.
Transactions | Nov 13, 2023 ESR and Chinachem close Hong Kong’s first-ever $1.13b Green Loan for logistics center development by Released ESR Group and Chinachem Group have closed Hong Kong’s first-ever green loan for the development of a logistics center.
Investors | Nov 13, 2023 The future of Asia Pacific’s office market by Lewis Dayton Asia Pacific’s office market is faring better than that of most other regions, particularly the United States, as more workers have returned to the office and downtown office space continues to garner attraction from national and multinational companies. That’s one of the main takeaways from a recent webinar, “Go Prime or Stay Home: Lasalle, Brookfield, Yardi, Benoy on Future of the Office,” hosted by Mingtiandi.
