Transactions | Oct 25, 2023 Mitsui & Co. Digital Asset Management buys prime hotel Tokyo’s Ginza district by Andrea Zander A special purpose vehicle (SPV), controlled by Phoenix Property Investors, has sold Quintessa Hotel Tokyo Ginza, located in central Tokyo, to an SPV established by Mitsui & Co. Digital Asset Management.
Transactions | Oct 25, 2023 Cheyne Capital Real Estate, Bain Capital Special Situations announce completion of €250m senior loan by Released Cheyne Capital and Bain Capital Special Situations have completed a senior loan of €250 million ($tk million) to fund the development of around 170 new homes in Italy.
Transactions | Oct 25, 2023 Stonepeak completes sale of 1.3msf industrial campus in Charleston by Released Stonepeak has completed the sale of Omni Industrial Campus.
Transactions | Oct 25, 2023 Panattoni to deliver City Logistics Poznan III park in Poland by Andrea Zander Panattoni has plans to build a 44,000-square-meter (476,612-square-foot) logistics center for the Raben Group.
Fundraising | Oct 24, 2023 Goodstone Living establishes U.K. build-to-rent residential fund by Andrea Zander Goodstone Living has announced the establishment of its first fund targeting the build-to-rent residential real estate sector following the final close of Goodstone Living Partners 1.
Fundraising | Oct 24, 2023 Civicap Partners announces final close on Develop-To-Core Fund II by Andrea Zander Civicap Partners has held a final close for its Develop-To-Core Fund II (DTC II), raising $179 million.
Fundraising | Oct 24, 2023 Dexus launches new fund in its opportunity fund series by Andrea Zander Dexus has launched Dexus Real Estate Partnership 2 (DREP2).
Transactions | Oct 24, 2023 Savills IM acquires French logistics property for German pension fund by Released Savills Investment Management (Savills IM) has acquired a logistics building near Angers, in the west of France.
Transactions | Oct 24, 2023 Faropoint acquires two industrial parks in New Jersey for $144m by Released Faropoint has acquired two industrial parks in New Jersey totaling 770,064 square feet.
Investors | Oct 24, 2023 CBRE IM, Chancerygate join forces to develop urban logistics schemes by Andrea Zander CBRE Investment Management (CBRE IM) and Chancerygate have formed a joint venture partnership to develop urban logistics schemes on behalf of an investment fund sponsored by CBRE IM.
Infrastructure | Oct 24, 2023 Arizona State University endowment yields 4.3% return for fiscal year by Lewis Dayton The Arizona State University (ASU) Foundation endowment, valued at $1.47 billion, reported a return of 4.3 percent for the fiscal year that ended on June 30.
Fundraising | Oct 24, 2023 Blackstone reports more than $3 billion raised during Q3 for BREP Europe VII by Lewis Dayton Blackstone’s European flagship real estate fund, Blackstone Real Estate Partners (BREP) Europe VII, has now raised more than $4.055 billion of capital, following a fundraising period during quarter three that saw more than $3 billion committed to the fund.
Investors | Oct 24, 2023 Bowdoin College endowment generates 0.6% return for the fiscal year by Lewis Dayton The Bowdoin College endowment, valued at $2.4 billion, generated a return of 0.6 percent for the fiscal year that ended on June 30.
Transactions | Oct 24, 2023 ESR secures third-party equity for final phase of Tokyo logistics project by Andrea Zander ESR Group will develop ESR Higashi Ogishima Distribution Centre (Phase 2) on prime land located in the greater Tokyo metropolitan area.
People | Oct 24, 2023 Brent Jenkins joins Clarion Partners by Andrea Zander Clarion Partners has welcomed Brent Jenkins as a managing director.
Research | Oct 24, 2023 European sale-leaseback: An attractive investment opportunity in today’s uncertain market by Andrea Zander The European sale-leaseback (SLB) market continues to benefit from multiple tailwinds, according to Clarion Partners in its recent report.
Transactions | Oct 24, 2023 Hines expands portfolio with $200m investments in industrial and healthcare assets by Andrea Zander Hines U.S. Property Partners (HUSPP), the firm’s flagship commingled U.S. core plus fund, has closed on four investments totaling approximately $200 million in investment volume spanning two key property types: industrial and alternatives.
People | Oct 23, 2023 Walker & Dunlop names new MD for affordable housing platform by Released Walker & Dunlop has hired Warren Horvath as a managing director to source non-LIHTC and programmatic joint-venture equity for affordable housing owners and operators.
Investors | Oct 23, 2023 Virginia Retirement System commits $50m to Realterm Logistics Income Fund by Lewis Dayton The Virginia Retirement System (VRS) has committed $50 million to Realterm Logistics Income Fund (RLIF).
Investors | Oct 23, 2023 CalPERS announces its search for a new CIO by Lewis Dayton The California Public Employees Retirement System (CalPERS) has announced that it has selected the global executive search firm Dore Partnership to serve as a consultant in the pension fund’s efforts to find its next CIO.
