Transactions | Oct 18, 2023 GTIS Partners acquires land for development of warehouse in Dallas by Denise Moose GTIS Partners announced the fee simple acquisition of a 17-acre land site to develop a 272,000-square-foot industrial warehouse in the Dallas Fort Worth (DFW) Airport submarket.
Investors | Oct 18, 2023 Dartmouth College endowment generates 1.6 percent return for fiscal year by Lewis Dayton Dartmouth College’s endowment, with a market value of $7.9 billion, yielded a 1.6 percent return for the fiscal year that ended on June 30.
Transactions | Oct 18, 2023 1msf vacant L.A. mall placed on market by Released Cushman & Wakefield has been hired by The Charles Company to market the sale or long-term ground lease of the Hawthorne Mall site.
Investors | Oct 18, 2023 Stanford University posts 4.4 percent return for fiscal year by Lewis Dayton Stanford University generated a net return of 4.4 percent for its Merged Pool (the principal investment vehicle for the university’s endowment) for the fiscal year that ended on June 30.
Transactions | Oct 17, 2023 UC Berkeley, SKS Partners unveil proposed 36-acre R&D hub in the heart of Silicon Valley by Released A joint venture between The University of California, Berkeley, and San Francisco-based SKS Partners has unveiled Berkeley Space Center at NASA Research Park (Berkeley Space Center), a planned 36-acre innovation hub in the heart of Silicon Valley.
Investors | Oct 17, 2023 EverWest Real Estate Investors rebrands as Sagard Real Estate by Released EverWest Real Estate Investors has announced that the platform has rebranded as Sagard Real Estate.
Transactions | Oct 17, 2023 AirTrunk expands in Japan with new data center development in Osaka by Released AirTrunk has plans for its first data center development in Osaka.
Transactions | Oct 17, 2023 FIBRA Prologis acquires 1.1msf of industrial space by Released FIBRA Prologis has acquired two buildings from Prologis located in Ciudad Juarez and Monterrey, Mexico.
People | Oct 17, 2023 Stockbridge hires managing director Jon Thompson by Released Jon Thompson has joined Stockbridge as managing director.
Transactions | Oct 17, 2023 Trinity Investments JV secures $750m refinancing for the Grande Lakes Orlando Resort by Released A joint venture led by Trinity Investments has arranged a $750 million refinancing of the existing $650 million loan for the Grande Lakes Orlando Resort.
Investors | Oct 17, 2023 EQT Exeter CEO talks about U.S. logistics sector by Andrea Zander Ward Fitzgerald, CEO and senior managing principal of EQT Exeter, the fifth largest owner of industrial real estate worldwide, discusses the fundamentals and challenges in the U.S. logistics sector, which the fourth quarter is facing headwinds right now.
Transactions | Oct 17, 2023 Investec provides €92m development loan for 1.2msf Suffolk distribution center by Released Investec Real Estate has provided Norton Group with an £80 million financing package.
Investors | Oct 17, 2023 Nuveen Real Estate forms single-family BTR joint venture with Apache Capital by Andrea Zander Nuveen Real Estate has formed a joint venture with U.K.-focused real estate investment manager Apache Capital.
Investors | Oct 17, 2023 Texas Employees’ Retirement System commits $69m to two real estate funds by Lewis Dayton The Employees’ Retirement System (ERS) of Texas has committed $55 million to Longpoint Fund (LF) III and $14 million to Prologis European Logistics Fund.
Research | Oct 17, 2023 Participation in GRESB Real Estate Benchmark jumps 15 percent, representing $8.8t GAV by Released GRESB, the global ESG benchmark for real estate and infrastructure investments, has released the results of its 2023 Assessments, which grew to include 2,084 real estate portfolios, 172 infrastructure funds and 687 assets, collectively representing $8.8 trillion in gross asset value (GAV).
Transactions | Oct 16, 2023 URW sells Polygone Riviera shopping center for €272m by Andrea Zander Developer Frey has agreed to purchase the Polygone Riviera.
Transactions | Oct 16, 2023 Qatari group receives refinancing for London hotel by Andrea Zander Cohort Capital has provided a £73 million (€84 million/$89 million) facility to a Qatari-based group to refinance the five-star NoMad Hotel in Covent Garden, London, according to European outlets.
Transactions | Oct 16, 2023 Greater Manchester Pension makes €577m investment in Bruntwood SciTech by Andrea Zander Bruntwood SciTech has secured £500 million (€577 million/$609 million) of additional investment and welcomed one of the nation’s largest local authority pension funds, Greater Manchester Pension Fund (GMPF), to the partnership.
Research | Oct 16, 2023 Cyber insecurity: Report finds majority of enterprises expect an imminent cyberattack by Released Sixty-one percent of respondents believe that data loss within the next 12 months is “likely” to “highly likely” to occur due to increasingly sophisticated attacks.
Transactions | Oct 16, 2023 Pebblebrook Hotel to sell Hotel Zoe Fisherman’s Wharf by Released Pebblebrook Hotel Trust has executed a contract to sell the 221-room Hotel Zoe Fisherman’s Wharf in San Francisco.