Investors | Oct 1, 2024 M7, Centerbridge launch €250m European industrial outdoor storage JV by Released M7 Real Estate (M7), the pan-European investor and asset manager, and Centerbridge Partners (Centerbridge), the global alternative investment manager, have launched a €250 million joint venture (the JV) targeting the Industrial Outdoor Storage (IOS) sector in Continental Europe.
Transactions | Oct 1, 2024 Ontario Teachers’ Pension Plan, Hines acquire BTR portfolio in Australia by Released Ontario Teachers’ Pension Plan (Ontario Teachers’) and Hines, a global real estate investment manager, have completed the acquisition of two build-to-rent (BTR) assets in Brisbane totaling 354 units.
Research | Oct 1, 2024 Mixed sentiment on AI use in U.S. retail by Jennifer Molloy U.S. retailers are more optimistic than consumers about the integration of artificial intelligence (AI) in retail, according to Colliers’ recent report, AI in Retail: Essential Insights for Retailers, Landlords, and Consumers.
People | Oct 1, 2024 Dean Dulchinos joins ORIX USA as managing director, head of real estate credit by Kali Persall ORIX Corp. USA has appointed Dean Dulchinos as managing director and head of real estate credit.
Transactions | Oct 1, 2024 LBA Logistics secures $577m SASB financing for LBA Logistics Value Fund VII Industrial Portfolio by Released LBA Logistics has secured $577.6 million in CMBS single-borrower (SASB) financing for its LBA Logistics Value Fund VII Industrial Portfolio.
Investors | Oct 1, 2024 New Mexico SIC to restructure real estate portfolio, plans $1b of annual commitments to reach target by Kali Persall The New Mexico State Investment Council (NMSIC) has approved a new structure study for the council’s real estate portfolio, which seeks to narrow the core and core-plus strategies’ allocation ranges and to broaden the noncore strategy.
Transactions | Oct 1, 2024 Google to inject $1b in Thailand for data center, cloud region buildout by Kali Persall Google is planning to invest $1 billion to build a data center and public cloud region in Thailand, expanding its digital footprint in Southeast Asia.
Investors | Oct 1, 2024 Florida SBA increases real estate target allocation by Kali Persall The $198 billion Florida State Board of Administration (SBA) has upped the target allocation for its real estate portfolio from 9.6 percent to 12 percent and removed REITs from the portfolio.
CEE countries' industrial and logistics market remains poised for expansion by Maarten Otte Two decades ago, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia joined the European Union.
Brick-and-mortar finds new ways to check out, proving it is far from out of stock by Andrea Zander Shopping in person and experiential retail are not going to disappear, at least not any time soon. People enjoy it, and it is more practical in many instances, as well as being genuinely necessary for certain services.
From niches come riches as investors turn to new property types by Andrea Zander More institutional property investors are actively developing strategies and allocating portfolios to the niche markets, which might offer higher returns, and if not that, then at least some ballast to the undulations of the core sectors.
SPONSORED: Crow Holdings introduces investment program to deliver strategic liquidity solutions by Jennifer Babcock Solving partnership challenges is the focus of Crow Holdings Capital’s Partner Solutions investment program.
SPONSORED: Heitman – Today’s value proposition, diversification through alternatives by Jennifer Babcock The stressors in the real estate market due to high interest rates and inflation the past several years may mean some owners are under pressure to sell at a less opportune time in order to gain liquidity.
SPONSORED: Affinius Capital – European economy still buoys logistics real estate investment by Jennifer Babcock Even though volatility persists in the European economy, supply of logistics real estate still lags demand and fundamentals remain solid for the sector, according to a report by Karen Martinus, senior vice president, research and investments, with Affinius Capital.
SPONSORED: Brookfield – Aging population intensifies Australia’s housing needs by Jennifer Babcock Demand chronically outpaces supply in Australia’s living sector, and is currently exacerbated by increasing construction costs and a shortage of labor, according to a report by Joe Williams, senior vice president in Brookfield’s Real Estate Group.
SPONSORED: CapRock Partners – The industrial pure play by Jennifer Babcock There is some oversupply in some industrial markets, and land prices are still high, but a buying window is emerging for disciplined investors, according to Jon Pharris, co-founder and president of CapRock Partners.
SPONSORED: National Real Estate Advisors – How supply, demand and technological advancements driven by AI are affecting data center infrastructure and investment by Jennifer Babcock Real estate investors who can gauge where overall societal trends are headed have a greater chance of being proactive with real estate investments, rather than reactive.
SPONSORED: Clarion Partners – U.S. allocations to industrial real estate at record high by Jennifer Babcock Strong performance has attracted record-high investor attention and allocations to the industrial property sector.
SPONSORED: Hines – Adding value for both occupier and investor by Jennifer Babcock Getting more out of real estate space through creativity, sustainability and finding “pockets of value” in submarkets or micro-markets are some of the ways investors are adding value to occupiers and delivering value-added returns to investors in the current market, marked by a lack of transaction activity.
The growing subsector of industrial outdoor storage could be a smart addition to portfolios by Marek Handzel Open storage, or industrial outdoor storage (IOS) as it is also commonly referred to, is on the rise in Europe.