Transactions | Jul 12, 2023 Abu Dhabi Fund for Development consortium acquires Maldives hotel by Released Minor International Public Company Limited (MINT), a global hospitality and lifestyle conglomerate, and its financial partner, Abu Dhabi Fund for Development (ADFD) have acquired Amari Havodda Maldives.
Transactions | Jul 12, 2023 Clarion Partners Europe acquires German logistics portfolio for €264m by Andrea Zander Clarion Partners Europe has acquired a portfolio of five modern, institutional-quality logistics properties across Germany, totaling 251,793 square meters (2.7 million square feet) for €264 million ($292 million). The portfolio was acquired from funds managed by Blackstone.Â
Research | Jul 12, 2023 Alliance of real estate associations launches first global diversified core open fund index by Released ANREV, INREV and NCREIF have launched the first Global ODCE Index.
Investors | Jul 12, 2023 TRS Texas commits $150m to BREP Europe VII by Andrea Zander The $225.9 billion Teacher Retirement System of Texas (TRS) has made a $150 million commitment to BREP Europe VII, an opportunistic fund managed by Blackstone.
Fundraising | Jul 12, 2023 AEW Capital Management aims to hold first close for debt fund by Andrea Zander AEW Capital Management has plans to hold a first close for its AEW Real Estate Debt Fund in the second half of 2023.
Research | Jul 12, 2023 Ecommerce growth accelerates in emerging European markets, but physical stores are still favored by consumers by Released Emerging e-commerce markets, such as Italy and Spain, have grown above trend and have seen a lasting effect as a result of the pandemic, while developed markets have returned to trend, according to CBRE.
Transactions | Jul 12, 2023 German asset manager marketing Singapore office building for $350m by Andrea Zander German asset manager Union Investment Real Estate has plans to sell VisionCrest, an office building at 103 Penang Road in Singapore.
Investors | Jul 12, 2023 Shopoff Realty Investments, Urban Pacific create urban town homes development JV by Andrea Zander Shopoff Realty Investments, and The Urban Pacific Group of Companies have created a joint venture partnership to further advance Urban Pacific’s Urban Town House (UTH) build-for-rent, multi-generational housing concept.
People | Jul 11, 2023 Harrison Street expands its European presence with hire of Alexis Gisselbrecht as managing director by Released Harrison Street has continued expansion of its European platform with the appointment of Alexis Gisselbrecht as managing director, portfolio management.
Transactions | Jul 11, 2023 BNP Paribas REIM France acquires an off-plan residential asset in Bordeaux on behalf of PFA Pension by Released BNP Paribas Real Estate Investment Management (REIM) France announced the acquisition of an off-plan residential building located at 341 boulevard Jean-Jacques BOSC in Bordeaux, on behalf of Danish investor PFA Pension.
Transactions | Jul 11, 2023 Lincoln Property Co. acquires RiverRock Real Estate Group by Released Lincoln Property Co. has announced the acquisition of RiverRock Real Estate Group.
Research | Jul 11, 2023 Mall foot traffic bounces back in June by Andrea Zander Mall foot traffic is bouncing back after a rough start to the year, suggesting a retail recovery is taking place.
Transactions | Jul 11, 2023 Asland Capital, Goldman Sachs UIG launch Asland Sustainable Housing Fund, close first acquisition by Released Asland Capital Partners has joined forces with the Urban Investment Group within Goldman Sachs Asset Management to launch the Asland Sustainable Housing Fund.
Research | Jul 11, 2023 U.S. investment sales transaction volume plummets 70% in Q1 by Released First-quarter sales volume dropped 70 percent year-over-year across all four of the core sectors.
Transactions | Jul 11, 2023 COIMA SGR wins two municipality properties in Milan by Released COIMA SGR is the tenderer of the public tender by the Municipality of Milan for the sale of the Largo De Benedetti complex in Porta Nuova.
People | Jul 11, 2023 ESR boosts senior leadership team with CIO and COO promotions by Released ESR Group has promoted Josh Daitch to CIO and Matthew Lawson to COO.
Research | Jul 11, 2023 Asia Pacific logistics occupiers plan to expand warehouse portfolio by Andrea Zander Logistics occupiers in Asia Pacific plan to expand their warehouse portfolio in the next three years, with a focus on high-quality facilities located in prime areas near customers and public transport.
Investors | Jul 11, 2023 DFI, Argo Real Estate launch U.K. urban logistics platform by Andrea Zander Deutsche Finance International has launched a U.K. urban logistics platform in joint venture with Argo Real Estate.
Research | Jul 11, 2023 Record-setting activity ebbs as real estate market slows down by Released The agriculture real estate market entered a period of de-escalation beginning in the fourth quarter of 2022, reports Farmers National Company.
People | Jul 10, 2023 FS Investments names Chris Condelles CFO of FS Credit REIT by Andrea Zander FS Investments has recently appointed Chris Condelles as CFO of FS Credit REIT.
