Transactions | Dec 19, 2023 TPG acquires majority of Oxford’s greater Toronto area industrial portfolio for $970m in new JV by Andrea Zander TPG has acquired a 75 percent interest in Oxford Properties Group’s two class A industrial business parks in the greater Toronto area.
Transactions | Dec 19, 2023 CapitaLand India Trust completes acquisition of two industrial facilities at Mahindra World City, Chennai by Released CapitaLand India Trust Management Pte. Ltd., the trustee manager of CapitaLand India Trust (CLINT), has completed the acquisition of Casa Grande – Phase 2.
Investors | Dec 19, 2023 Alternative Investment Exchange enters partnership with Virtus Real Estate Capital by Released Alternative Investment Exchange has expanded partnership with Virtus Real Estate Capital.
Research | Dec 19, 2023 CBRE expects commercial real estate investment activity to pick up in 2024 by Andrea Zander CBRE foresees economic growth slowing in 2024.
Transactions | Dec 19, 2023 Neinor and Orion invest in land in Malaga for BTS JV by Andrea Zander Neinor Homes and Orion Capital Managers, on behalf of its Orion European Real Estate Fund V, have acquired one land plot in Malaga as part of its Spanish build-to-sell (BTS) joint venture to develop 429 new homes for sale.
Transactions | Dec 19, 2023 AXA IM Alts and Cabot Properties completes 3.7MW community solar project in New Jersey by Released A joint venture between AXA IM Alts and Cabot Properties has completed a 3.7-megawatt community solar project on the rooftop of an industrial building in Somerset, N.J.
Research | Dec 19, 2023 Self-storage demand continues to face headwinds, Yardi Matrix reports by Released The self-storage industry is feeling the impact of the housing market slowdown on demand for storage units.
Investors | Dec 19, 2023 Arkansas Teachers commits $50m to KKR real estate fund by Lewis Dayton The Arkansas Teacher Retirement System (ARTRS) has committed $50 million to KKR Real Estate Partners Americas (KKR REPA) IV.
Fundraising | Dec 19, 2023 Border to Coast launches two real estate funds by Released Border to Coast Pensions Partnership, the largest UK Local Government Pension Scheme (LGPS) pool, has launched two new Real Estate Funds on behalf of its Partner Funds. The Funds are launched with an initial £870 million ($1.1 billion). With additional future commitments anticipated, the funds could grow to over £1 billion ($1.27 billion).
Transactions | Dec 18, 2023 Board of Regents of the University of Texas System pays $258m for hospital by Andrea Zander The Board of Regents of the University of Texas System has purchased Webster Healthcare Facility II from Sila Realty Trust for $258.4 million.
Transactions | Dec 18, 2023 VGP NV, Areim form €1.5b JV by Andrea Zander VGP NV, a European provider of high-quality logistics and semi-industrial real estate, has formed a new 50-50 joint venture named Saga with Areim.
Transactions | Dec 18, 2023 KKR-backed Etche sells five assets in Lyon region by Released Etche, KKR’s logistics real asset platform in France, has sold a portfolio of five assets located in the Lyon region.
Transactions | Dec 18, 2023 Lendlease to sell 12 communities projects to Stockland, Supalai for $870m by Andrea Zander Lendlease has entered into an agreement for the sale of 12 Australian master-planned Communities projects to Stockland Corporation Limited and its capital partner, Supalai Australia Holdings, for A$1.3 billion ($870 million).
Transactions | Dec 18, 2023 Actis exits first real estate investment in Vietnam by Kali Persall Actis has exited its first real estate investment in Hai Duong, Vietnam.
Transactions | Dec 18, 2023 PATRIZIA makes €50m investment in Italian industrial portfolio by Released PATRIZIA has acquired a portfolio of two urban logistics assets in Italy for €50 million ($55 million).
Transactions | Dec 18, 2023 Deka Immobilien sells retail property at a profit in Japan by Released Deka Immobilien has sold a retail property in Tokyo.
Transactions | Dec 18, 2023 CapitaLand Ascott Trust divests three hotels in Japan for $75m by Andrea Zander CapitaLand Ascott Trust (CLAS) is divesting three hotels in Osaka, Japan.
Transactions | Dec 18, 2023 Walton Global completes sale of nearly 59 acres from the Sugarloaf Crossing Master Plan by Released Walton Global has sold 58.9 acres out of the 184-acre Sugarloaf Crossing Master Plan located in Gwinnett County, Ga.
Transactions | Dec 18, 2023 Cushman & Wakefield unveils Asset Optimization Group for underperforming and distressed assets by Released Cushman & Wakefield has launched Asset Optimization Group, which will specialize in underperforming assets.
Transactions | Dec 18, 2023 Hines Global Income Trust acquires IBM 500 Campus in Durham, N.C. by Released Hines Global Income Trust (HGIT) has acquired the IBM 500 Campus, a 774,000 square-foot property located at 4205 South Miami Boulevard, Durham, N.C.
