Transactions | Jul 21, 2023 CBRE IM acquires two affordable residential assets in Madrid by Released CBRE Investment Management (CBRE IM), on behalf of a fund sponsored by the firm, has acquired two newly built, affordable residential assets in Madrid.
Transactions | Jul 21, 2023 Mandarin Oriental to open third London location by Released Mandarin Oriental has revealed its third London location in South Bank will open in 2028.
Transactions | Jul 21, 2023 Nrep buys two Swedish assets for €300m by Andrea Zander Sweden-based property company Fabege has signed an agreement with Nordic Real Estate Partners.
Investors | Jul 21, 2023 Blackstone becomes first $1t private equity manager by Andrea Zander Blackstone is the first alternative investment firm to reach $1 trillion in assets under management, up from $940.8 billion a year earlier.
Research | Jul 21, 2023 BlueRock: Inflation to subside, real estate repricing nearly complete, recession still looms by Andrea Zander U.S. recessions have always rebounded with considerably longer expansions, wrote BlueRock in its mid-year outlook report.
Transactions | Jul 21, 2023 1,860 acres of land sold for 4,000 homes in Texas by Released Oxland Group has acquired 1,860 acres of land to be developed in the heart of Montgomery County, Texas.
Transactions | Jul 21, 2023 ESR completes construction of ESR Kazo Distribution Center 2 by Released ESR Group has completed the construction of ESR Kazo Distribution Centre 2 (ESR Kazo DC 2) which is ESR’s 31st logistics facility in Japan and its sixth in the Saitama Prefecture.
Investors | Jul 21, 2023 Morgan Properties-backed firm invests in Colleen AI by Released Colleen has raised $3.5 million in Series Seed funding.
Transactions | Jul 21, 2023 Planning consent secured for Europe’s largest and most technologically advanced life sciences building at Canary Wharf by Released Canary Wharf Group (CWG) and Kadans Science Partner have secured planning approval from Tower Hamlets Council for the development of a state-of-the-art commercial health and life sciences building at the North Quay site, adjacent to the Crossrail Station and new Elizabeth Line at Canary Wharf, London.
Investors | Jul 20, 2023 BlackRock and Angelo Gordon enters $250m private placement for Landsea Homes by Released Landsea Homes Corp. has entered into a $250 million note purchase agreement with various investors.
Investors | Jul 20, 2023 CalPERS reports negative return for its real estate portfolio 2022-2023 fiscal year by Andrea Zander California Public Employees' Retirement System (CalPERS) reported a preliminary net return of 5.8 percent on its investments for the 12-month period ending June 30, 2023.
People | Jul 20, 2023 Colliers appoints Sungwook Cho as new managing director in Korea by Released Colliers has announced the appointment of Sungwook Cho to Managing Director of Colliers Korea.
Research | Jul 20, 2023 Student housing on track for a solid 2023/2024, Yardi Matrix reports by Released The student housing sector continues to record strong rent growth and preleasing performance is up slightly over 2022.
Transactions | Jul 20, 2023 SC Capital Partners, ADIA and Goldman Sachs Asset Management acquire 27-hotel portfolio in Japan for $900m by Andrea Zander Singapore-headquartered private equity real estate firm SC Capital Partners (SCCP) has formed a consortium with a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and Goldman Sachs Asset Management, which has acquired a portfolio of 27 resort hotels in Japan from Daiwa House Industry, a Japan-based home construction and real estate development company.
Transactions | Jul 20, 2023 Berkadia arranges $217m debt and equity recap of Florida multifamily portfolio by Released Berkadia has arranged debt and equity financing totaling $217 million for the recapitalization of a three-property, 1,139-unit multifamily portfolio consisting of properties in Orlando and Fort Myers, Fla.
Investors | Jul 20, 2023 Core Spaces partners with Blue Owl’s GP strategic capital platform by Released Core Spaces has made a significant financial partnership with Blue Owl’s GP Strategic Capital platform.
People | Jul 20, 2023 Warburg Pincus announces that Jeffrey Perlman will become president by Released Warburg Pincus has announced that Jeffrey Perlman, current had of Southeast Asia and Asia-Pacific real estate, will become president of the firm.
Transactions | Jul 20, 2023 Keppel’s private funds acquire office tower in Seoul’s CBD by Released Keppel’s private funds, Keppel Asia Macro Trends Fund IV (KAMTF IV) and a co-investment program (CIP) committed by a leading Korean financial institution, have acquired the Bank of Korea's Sogong Annex Facility in Seoul’s CBD.
Investors | Jul 19, 2023 Almanac Realty Investors commits $400m to Key Real Estate Co. by Andrea Zander Almanac Realty Investors has committed up to $400 million of capital to Key Real Estate Co.
Research | Jul 19, 2023 Compared to 2022, multifamily rents continue to slide, reports Yardi Matrix by Released Multifamily asking rents grew another $7 last month, on average, but year-over-year growth fell to 1.8 percent.
