Transactions | Apr 3, 2024 CalPERS sells downtown Sacramento land at 301 Capitol Mall by Released CalPERS has sold its parcel of land at 301 Capitol Mall in downtown Sacramento, concluding a nearly two-year effort sparked by a changing focus in its real estate portfolio.
Transactions | Apr 3, 2024 Reef Group appoints Ardmore to deliver final phase of London’s largest purpose-built life science campus by Released Reef Group has appointed Ardmore, the construction company, to deliver the final phase of TRIBECA, London’s largest purpose-built life science campus, in the King’s Cross Knowledge Quarter.
Research | Apr 3, 2024 McKinsey survey: Hopeful economic outlook amidst geopolitical uncertainty by Andrea Zander In the latest McKinsey Global Survey on economic conditions, the outlook on domestic conditions in most regions has become more hopeful, despite ongoing shared concerns about geopolitical instability and conflicts.
Transactions | Apr 3, 2024 PAG buys Japan warehouses from Hines for more than $400m by Andrea Zander PAG, the Hong Kong-based alternative asset manager, has purchased a logistics center in central Japan from real estate developer Hines.
Transactions | Apr 3, 2024 GDS enters Japan in partnership with Gaw Capital to build 40MW Tokyo project by Released GDS and Gaw Capital Partners have formed a strategic partnership to build a 40-megawatt data center campus in Tokyo, Japan.
Transactions | Apr 3, 2024 CenterSquare Investment Management invests in Aligned Data Centers by Denise Moose CenterSquare Investment Management announced an equity investment in Aligned Data Centers, one of the largest and fastest-growing private data center developers in the Americas.
Investors | Apr 3, 2024 LACERA issues an RFP for Real Assets Emerging Manager Program by Lewis Dayton The Los Angeles County Employees Retirement Association (LACERA) recently issued a request for proposals (RFP) for a Real Assets Emerging Manager Program.
People | Apr 3, 2024 Stephen Gilmore to be next CIO at CalPERS by Lewis Dayton Stephen Gilmore has been selected by the California Public Employees’ Retirement System (CalPERS) as its next chief investment officer. He will assume the role in July.
Transactions | Apr 2, 2024 Hines appoints John Carr as regional CFO For Europe by Released John Carr has been appointed CFO for Europe at Hines, succeeding current CFO David Braaten, who will retire.
Transactions | Apr 2, 2024 Canada Life Asset Management completes first real estate transaction in Germany by Released Canada Life Asset Management has completed a loan of €19.5 million ($21.0 million) to Aviva Investors for the purchase of a logistics hub in Germany.
Transactions | Apr 2, 2024 CBRE Investment Management U.K. Affordable Housing Fund commits capital to add 522 affordable homes to portfolio by Released CBRE UK Affordable Housing Fund (AHF or the Fund), a fund sponsored by CBRE Investment Management, has committed capital to acquire and develop 522 affordable rental homes through forward-funding and forward-commitment transactions in the last 12 months.
Research | Apr 2, 2024 Active managers increase allocations in specialty, telecommunications, gaming by Andrea Zander During the fourth quarter of 2023, active managers increased allocations in telecommunications, gaming, and specialty, bringing all three property sectors’ asset shares close to their FTSE Nareit All Equity REITs index weights.
People | Apr 2, 2024 JLL names David Green-Morgan as senior adviser, Asia Pacific research by Released JLL has appointed David Green-Morgan as senior adviser, capital markets research, Asia Pacific.
People | Apr 2, 2024 Noble hires James Stewart as director of treasury by Released Noble Investment Group has named James Stewart as director of treasury.
Research | Apr 2, 2024 Realterm: Logistics impact of Key Bridge collapse by Andrea Zander While Baltimore’s container traffic is relatively minor in scale, the city’s port facilities are some of the most important in the country, according to Nathan Kane, head of research at Realterm, in a recent report.
Transactions | Apr 2, 2024 Round Hill Capital sells Nido Living to CPP Investments by Released Round Hill Capital has sold its Nido Living business to Canada Pension Plan Investment Board.
Investors | Apr 2, 2024 New York State Retirement Fund commits $400m to Mach III by Lewis Dayton The New York State Common Retirement Fund (NYSCRF) has committed $400 million to NYSCRF Frontier Mach III (Mach III).
Investors | Apr 2, 2024 Madison International Realty expands global presence with new office in Singapore by Released Madison International Realty has opened its office in Singapore.
Investors | Apr 2, 2024 Chicago Policemen’s Fund returns 11.8% in 2023 by Lewis Dayton The Chicago Policemen’s Annuity and Benefit Fund posted a return of 11.8 percent in 2023, ending the year with a market value of $2.97 billion of assets under management.
People | Apr 2, 2024 Mikaylee O’Connor joins NEPC as principal, head of DC solutions by Released Mikaylee O’Connor will join NEPC as principal, head of defined contribution (DC) solutions, effective April 1, 2024.