Fundraising | Nov 30, 2023 Blackstone Strategic Partners closes eighth real estate secondaries fund at $2.6b by Andrea Zander Blackstone has held a final close on $2.6 billion for its latest real estate secondaries fund.
Investors | Nov 30, 2023 Kansas Employees commits $75m to Oaktree, posts 7.4 percent fiscal year return by Lewis Dayton The Kansas Public Employees’ Retirement System (KPERS) has committed $75 million to Oaktree Real Estate Opportunities Fund (OREOF) IX.
Investors | Nov 30, 2023 Pompano Beach Police and Firefighters commit $5m to TerraCap Partners VI by Lewis Dayton The Pompano Beach (Fl.) Police & Firefighters’ Retirement System, with $227.1 million of assets under management, has committed $5 million to TerraCap Partners (TCP) VI.
Investors | Nov 30, 2023 Bucknell University’s endowment posts fiscal year returns by Lewis Dayton Bucknell University’s endowment, with a market value of $1.09 billion, reported an absolute return of 4.8 percent for the fiscal year that ended June 30, 2023, underperforming its 8.5 percent benchmark.
Research | Nov 29, 2023 Rising investment activity expected across APAC in 2024, says Colliers by Released Investment activity is forecast to increase steadily across the Asia Pacific region in 2024.
Research | Nov 29, 2023 AEW expects European real estate revival in 2024 by Andrea Zander AEW reports a positive outlook for prime European offices.
Research | Nov 29, 2023 M&G: Higher interest rates creating a shift in mindset for property investors by Andrea Zander Global property investors will need to rely more heavily on generating high yields and growth to successfully compete in an economic environment of increased interest rates and debt costs that now pervade many markets, according to M&G’s Global Real Estate Outlook report.
Transactions | Nov 29, 2023 ESR sells stake in industrial properties for $288m by Andrea Zander ESR has sold a 95 percent stake in a portfolio of six Chinese industrial properties to the RMB Income Fund.
Investors | Nov 29, 2023 Blackstone said to eye real estate opportunities in Europe by Andrea Zander Steve Schwarzman, Blackstone chairman and CEO, said the private equity giant is scanning for real estate deals across Europe.
Transactions | Nov 29, 2023 Global Student Accommodation completes $132m refinancing of Australian portfolio with Aareal Bank by Released Global Student Accommodation (GSA) has refinanced three of its Australian assets with Aareal Bank, a provider of financing solutions and services to the property industry.
Research | Nov 29, 2023 2024 construction trends in the United States and Canada by Lewis Dayton While supply chain constraints in the construction sectors in the United States and Canada have eased up in 2023 and are expected to continue to ease in 2024, labor shortages will persist and construction costs will continue to grow at an above-average rate, says a new report by JLL on construction trends in the United States and Canada.
Investors | Nov 29, 2023 Tulane University's endowment posts 4.09 percent return for fiscal year by Lewis Dayton Tulane University’s endowment (a combination of its pooled policy portfolio and its eminent scholars portfolio) posted a return of 4.09 percent for the fiscal year that ended on June 30, underperforming the 7.6 percent average return from foundations and endowments for the fiscal year (per Tulane’s report).
Investors | Nov 29, 2023 Tiverton AgriFinance III captures $150m from Maryland Retirement by Lewis Dayton The Maryland State Retirement and Pension System (MSRPS) has committed $150 million to Tiverton AgriFinance III.
Fundraising | Nov 28, 2023 Alma Property Partners raises €350 million of equity for Fund III by Andrea Zander Alma Property Partners has raised nearly €350 million ($384 million) of equity capital for Alma Property Partners III.
People | Nov 28, 2023 BGO names Brad Caco as head of Canadian development to lead the firm’s $8b development pipeline in Canada by Released Brad Caco has been named head of Canadian development at BGO.
Transactions | Nov 28, 2023 Walker & Dunlop arranges $157m loan with Affinius Capital and Clarion Partners for SLC mixed-use development by Released Walker & Dunlop, Affinius Capital and Clarion Partners have arranged $157.5 million in loan proceeds to refinance Post District.
Research | Nov 28, 2023 Alternatives sectors surpasses $289b in investment by Andrea Zander In recent years, alternative sectors have grown into a significant share of commercial real estate (CRE) investment, totaling $289 billion in transaction volume from 2020 to 2023—a 79 percent increase, according to Cushman & Wakefield.
Transactions | Nov 28, 2023 Wolfson Development, Lennar to develop $110m BTR project in Fort Myers, Fla. by Released Wolfson Development in partnership with Lennar have plans to develop North Forum Reserve, a build-for-rent (BTR) project in in Fort Myers, Fla.
Research | Nov 28, 2023 Green buildings demand outpace supply by Andrea Zander The demand for green buildings is far outpacing supply, at a time when more than 60 percent of carbon emissions in cities are coming from buildings.
Transactions | Nov 28, 2023 Tritax Big Box REIT sells six assets for €378m by Andrea Zander Tritax Big Box REIT PLC has sold six assets for £327 million (€377 million/$414 million).
