Transactions | Oct 2, 2023 KKR sells over $560m of U.S. industrial real estate by Released KKR has completed the sale of more than 5 million square-feet of industrial warehouse and distribution properties for a total aggregate value of more than $560 million.
The adverse effects of rising interest rates on CRE market by Christian Cruz, Canterbury Consulting Over the last year and a half, we have seen base rates rise 100-fold to levels not seen in 15 years.
People | Oct 2, 2023 The Swig Company names Connor Kidd as CEO by Released The Swig Company has named Connor Kidd as CEO.
SPONSORED: Nuveen Real Estate — Commercial real estate has a role to play in sustainability by Jennifer Babcock Investors are seeking commercial real estate debt to fill a bigger portion of their portfolios, and they want those investments to have a positive environmental and social impact.
SPONSORED: Juniper Square — What managers can do now to prepare for the next tax and audit season by Jennifer Babcock An upcoming tax season and audit can cause some anxiety in fund managers, especially if accounting is not their specific training and skill set.
SPONSORED: Kayne Anderson Real Estate — Heads up, as markets head into dislocation by Jennifer Babcock The market environment may not feel good, but that does not mean good opportunities cannot be found, perhaps especially in demographically driven sectors such as healthcare and senior living, and in transactions that lean more toward real estate debt than equity.
SPONSORED: Clarion Partners — The enduring U.S. rental housing investment market by Jennifer Babcock The housing shortage and a strong renter base that spans multiple generations make demand likely to remain strong in the rental housing sector for the for the rest of the year and beyond.
SPONSORED: CenterSquare Investment Management — Rental residential a ‘shining sector’ for private real estate debt by Jennifer Babcock Alternative lenders are stepping in to fill the gap left by the retreat of traditional lenders in today’s more volatile market, and a sector ripe for private real estate debt is multifamily residential, due to its historically high occupancy during market downturns.
SPONSORED: Ares Management Corp. — Secondary market steps up to meet need for liquidity solutions by Jennifer Babcock Michelle Creed and Jamie Sunday, partners and co-heads of real estate secondaries with Ares Management Corp., expect 2023 to be a record year for secondary market volume, exceeding last year’s $12.4 billion of volume.
Where are the opportunities in office investment, given the wide bifurcation between success and distress? by Beth Mattson-Teig The bifurcation in the market is not necessarily a sharply defined line drawn between newer class A versus older class B and class C buildings but rather a performance gap between modern versus commodity buildings.
Are North American investors changing their tune on overseas transactions? by Alex Frew McMillan Since the pandemic hit at the start of this decade, the property picture globally has become more uncertain and less consistent. Economies around the world have oscillated and diverged, making a strong case for U.S. property investors to diversify abroad.
Investing in real estate secondaries in Asia by Bastian Wolff and Shawn Chow Asia’s growing imbalance in demand and supply for secondaries liquidity presents an exceptional opportunity for secondaries investors with strong on-the-ground coverage, dedicated capital and local expertise to benefit from.
Heading into a new era of UK real estate private debt funding by Rahul Thakrar In the dynamic world of real estate, the United Kingdom is undergoing a transformative shift driven by the rise of private debt.
Artificial intelligence use in the property industry by Alex Frew McMillan Both in the evaluation of investment ideas and in the design of buildings, not to mention their operation, artificial intelligence holds distinct promise. But is AI the “new ESG,” an acronym thrown around so much that it loses its power, and does not fulfil its promise?
Misaligned, or misunderstood? Examining misconceptions of valuers by Chris Anderson Property values play an important role in global economics, but those instructed to make a valuation on behalf of a client — the valuers — often face intense scrutiny.
Transactions | Sep 29, 2023 Hunt Midwest, Marshall Planing Mill partner to begin construction on 3.4msf industrial park in Kentucky by Released Hunt Midwest and Marshall Planing Mill have partnered to develop 300 acres of new commercial and industrial space directly adjacent to Interstate 64 in Simpsonville, Ky.
Transactions | Sep 29, 2023 DTZ pays €162m for U.K. logistics park by Andrea Zander DTZ Investor has paid £140.4 million (£140.4 million (€162 million/$171 million) for Coventry Logistics Park, Coventry, United Kingdom.
Transactions | Sep 29, 2023 CapRock Partners acquires 85 acres for new 1.48msf industrial development in North Las Vegas by Andrea Zander CapRock Partners has acquired 85 acres of unimproved land in North Las Vegas.
Research | Sep 29, 2023 Holiday shoppers plan to spend more this upcoming holiday season by Andrea Zander Holiday shoppers plan to spend a healthy $958 per person this holiday season – 22.8 percent of which will used for holiday entertainment and experiences.
Investors | Sep 29, 2023 Oregon Public Employees generates 3.35% return by Lewis Dayton The Oregon Public Employees’ Retirement System (OPERS), with $93 billion of assets under management, posted a net return of 3.35 percent for the fiscal year ending June 30, underperforming its benchmark of 6.99 percent.