Transactions | Jan 3, 2024 GARBE completes GRR Real Estate acquisition by Released GARBE Institutional Capital has completed the acquisition of GRR Real Estate Management GmbH.
Research | Jan 3, 2024 2023 demonstrated stability and resilience, with prospects for an improved 2024 in Japan by Andrea Zander Japan’s real estate markets, with their liquidity and depth will likely continue the current stable growth trajectory for the time being, and several bright spots will emerge as opportunities for investment in the future, said Savills.
Transactions | Jan 3, 2024 Wanda sells Shanghai hotel for more than $200m by Andrea Zander Dalian Wanda Group has sold its Wanda Reign on the Bund hotel in Shanghai.
Research | Jan 3, 2024 Development of London labs will not keep pace with demand in 2024 by Andrea Zander London’s burgeoning life sciences sector risks being held back by a lack of available lab space, according to global property adviser Knight Frank.
Transactions | Jan 3, 2024 Union Investment sells logistics property in Switzerland to a UBS fund by Released Union Investment has sold the logistics property at Industriestrasse 11 in Oftringen, Switzerland.
Research | Jan 3, 2024 REITs return 9.9% in December, 13.7% in 2023 by Loretta Clodfelter U.S. REITs recorded a strong performance in December.
People | Jan 3, 2024 Hiap Hoe names new CEO by Released After the redesignation Teo Ho Beng as executive chairman at Hiap Hoe, Teo Keng Joo, Marc, the existing executive director, will be appointed as the CEO of the company.
Transactions | Jan 3, 2024 LOG IN, Theoreim’s European SCPI, acquires a logistics complex near Edinburgh by Released Pan-European SCPI LOG IN continues to deploy capital raised with the acquisition of a logistics real estate complex in Scotland.
SPONSORED: Amherst – U.S. housing’s ‘accessibility crisis’ by Jennifer Babcock High mortgage rates, credit regulations and a lack of housing supply continue to make purchasing a home out of range for many households
SPONSORED: Greystar – European housing vacancy expected to decline further in 2024 by Jennifer Babcock The imbalance between demand and supply for housing in Europe’s major cities will continue to grow, driving up pricing and causing more households to remain in or seek rental housing.
Transactions | Jan 2, 2024 Landmark Properties closes on recapitalization of The Standard at Austin student housing community by Released Landmark Properties has recapitalized The Standard at Austin.
Transactions | Jan 2, 2024 Mitiska REIM sells 10 Belgian and Portuguese retail parks to a new fund backed by Partners Group by Released Mitiska REIM has sold five Belgian and five Portuguese retail parks to First Retail Partners, a newly established fund backed by Partners Group, acting on behalf of its clients.
Fundraising | Jan 2, 2024 GLP Capital Partners establishes $420m China Income Fund XI by Released GLP Capital Partners (GCP) has closed its China Income Fund XI (CIF XI) with RMB 3 billion ($420 million) of assets under management (AUM) in partnership with a domestic insurance institution.
Research | Jan 2, 2024 Savills unveils 2024 cross-sector U.K. forecasts by Released Residential buy-to-let in the North West, London industrial property and retail warehouses are set to be the U.K. property market’s top performers from next year according to Savills.
Transactions | Jan 2, 2024 Mortgage REIT files for bankruptcy, following retail REIT by Andrea Zander JER Investors Trust, a mortgage REIT, filed for bankruptcy.
Transactions | Jan 2, 2024 L.A. office tower sells for $153.5m, marketing the largest Q4 2023 office sale in western U.S. by Andrea Zander Carolwood Equities has paid $153.5 million for Aon Center, a 62-story trophy Class A office tower located in the heart of the Financial District in Downtown Los Angeles.
Transactions | Jan 2, 2024 Kimco Realty closes acquisition of RPT Realty by Released Kimco Realty has completed its previously announced acquisition of RPT Realty.
Fundraising | Jan 2, 2024 Chinese state-owned firms establish $1.4b fund by Andrea Zander Two Chinese state-owned companies, New China Life Insurance and China International Capital Corp., have plans to launch a RMB 10 billion ($1.41 billion) fund to invest in companies with real estate project assets.
Transactions | Jan 2, 2024 Nexity to sell its Residential Property Management Services Business to Bridgepoint by Released Nexity has plans to sell 100 percent of its Residential Property Management Services (RPMS) business to Bridgepoint.
Transactions | Jan 2, 2024 Two London hotels sell for €248m by Andrea Zander Archer Hotel Capital has acquired he 210-key Hoxton Shoreditch and the 220-key Hoxton Holborn in London.