Transactions | Jan 11, 2024 W. P. Carey sells Spanish office portfolio for $359m by Andrea Zander W.P. Carey has sold a portfolio of 70 office properties net leased to the State of Andalusia in Southern Spain.
Transactions | Jan 11, 2024 Realterm acquires 32-door truck terminal in Nanuet, New York by Released Realterm has added to its transportation logistics real estate portfolio.
Research | Jan 11, 2024 AI’s impact on the data center industry is still in very early innings, says Newmark by Andrea Zander The impact of artificial intelligence (AI) on the data center market is manifold.
Investors | Jan 11, 2024 DRC Savills Investment Management enters U.S. real estate debt market by Andrea Zander DRC Savills Investment Management (DRC SIM), the specialist debt investment platform of Savills Investment Management, has entered into a joint venture with QCP LLC.
Transactions | Jan 11, 2024 AEW completes acquisition of Natixis Investment Managers International’s private debt business by Released AEW Europe has completed the acquisition of Natixis Investment Managers International’s private debt business.
Fundraising | Jan 11, 2024 Clarion Partners Europe raises €496m for U.K. logistics fund by Andrea Zander Clarion Partners Europe has held the final closing of its core-plus, closed-end U.K. logistics fund. Exceeding its capital-raising target, equity commitments totaling £427 million (€496 million/$543 million) have been secured from a mix of European, North American, and Asian institutions.
People | Jan 11, 2024 Blackstone announces new co-CIOs and co-head of real estate by Andrea Zander Ken Caplan, current global co-head of real estate at Blackstone, and Lionel Assant, European head of private equity at the firm, have been elevated to newly created roles as global co-CIOs of Blackstone.
Research | Jan 11, 2024 CI&T releases 2024 Connected Retail Report by Released Consumers are feeling extra budget-conscious, looking to prices as the primary decision driver when choosing between retailers and shopping channels.
People | Jan 11, 2024 Slate Asset Management announces managing director promotions by Released Slate Asset Management has promoted Desmond “Des” Vindici and Sven Vollenbruch to managing directors.
Investors | Jan 11, 2024 New York Common commits $20m to real estate funds by Lewis Dayton The New York State Common Retirement Fund (NYSCRF) has committed $10 million to Mandrake Capital Real Estate Fund II (MCREF II) and $10 million to Grandview Joint Venture III (GJV III).
Investors | Jan 11, 2024 Texas Employees commits $50m to Alterra IOS fund by Lewis Dayton The Employees Retirement System of Texas (ERS) has committed $50 million to Alterra IOS Venture III.
Transactions | Jan 10, 2024 Atlas Holdings forms industrial real estate platform by Released Atlas Holdings has formed Atlas Properties, a real estate investment vehicle established with a consortium of best-in-class, long term-oriented investors.
Research | Jan 10, 2024 99% of retail execs predict tech surge with double-digit investment increases by Andrea Zander About 99 percent of the 100 retail executives from large enterprises surveyed predict a surge of technology investments this year, according to SoftServe, an IT consulting and digital services provider, in its new study on retailer technology.
Investors | Jan 10, 2024 Cohen & Steers launches Real Assets Compass to help financial advisers build better portfolios with real estate by Released Cohen & Steers has launched Real Assets Compass, an interactive tool to help focus on real estate allocations.
Transactions | Jan 10, 2024 Vantage Data Centers announces $6.4b equity investment led by DigitalBridge, Silver Lake by Released Vantage Data Centers has announced a $6.4 billion equity investment led by investment vehicles managed by DigitalBridge Group and Silver Lake, the global leader in technology investing.
Transactions | Jan 10, 2024 Singapore mall placed on market with $338m sales price by Andrea Zander Hong Kong-based real estate firm Wharf Real Estate Investment Company has put the freehold retail podium at Scotts Square, Singapore, on the market.
Research | Jan 10, 2024 Business leaders split on recession forecasts, finds JPMorgan Chase survey by Released Small and midsize business leaders are sharing a more balanced outlook heading into 2024.
Transactions | Jan 10, 2024 Patron Capital and INBRIGHT acquire light industrial property in Cologne by Released Patron Capital and INBRIGHT have acquired a property in Cologne.
Investors | Jan 10, 2024 University of Florida’s endowment returned 5.2% for the fiscal yearar by Lewis Dayton The University of Florida’s (UF) endowment, with a value of $2.3 billion, returned a net yield of 5.2 percent for the fiscal year that ended on June 30, 2023, underperforming its 8.1 percent benchmark (CPI + 5 percent).
Investors | Jan 10, 2024 Texas Teachers commits $450m to real estate funds by Lewis Dayton The Teacher Retirement System of Texas (TRS of Texas) has committed $100 million to Alterra IOS Venture III, $100 million to Secured Capital Real Estate Partners VIII (SCREP VIII) and $250 million to a BDP Investment Vehicles Master Commitment.
