Investors | Jun 21, 2023 Polarization between ‘green’ and ‘brown’ assets set to grow by Marek Handzel The polarization between “green” and “brown” assets is set to grow in the short-to-medium term due to a lack of available capital for refurbishment and repurposing of old real estate.
Transactions | Jun 21, 2023 Boreal IM, Cadillac Fairview JV makes third transaction in Spain by Released The Boreal IM & Cadillac Fairview joint venture has completed its third transaction in Spain
Transactions | Jun 21, 2023 Lovett Industrial closes on 328 acres in Virginia for industrial development by Released Lovett Industrial has closed on 328 acres of land in James City County, Va.
Investors | Jun 21, 2023 Kansas Public Employees Retirement System increases real estate target to 15% by Kali Persall The Kansas Public Employees Retirement System (KPERS) has increased its real estate target from 13 percent to 15 percent.
Fundraising | Jun 20, 2023 Bell Partners closes $1.3b value-add fund by Andrea Zander Bell Partners has held a final close of its Value-Add Fund VIII.
Transactions | Jun 20, 2023 REIT adds self-storage facilities for $226m in the Greater Toronto Area by Andrea Zander Affiliates of SmartStop Self Storage REIT have acquired an eight-facility portfolio in the Greater Toronto Area.
Transactions | Jun 20, 2023 ESR completes construction of Chengdu Qingbaijiang cold chain industrial by Released ESR Group has completed the construction of its first in-built cold storage facility in the ESR Chengdu Qingbaijiang Cold Chain Industrial Park in Sichuan, China.
Transactions | Jun 20, 2023 Tishman Speyer secures construction financing for first phase of research campus development in Boston by Andrea Zander Tishman Speyer has secured $750 million in financing for the first phase of the Harvard Enterprise Research Campus.
Transactions | Jun 20, 2023 Savills IM makes first acquisitions for BTR portfolio by Released Savills Investment Management has completed the acquisition of two forward-funded single family residential sites in the Midlands, England.
Transactions | Jun 20, 2023 Primaris REIT pays $270m for mall in Waterloo, Ontario by Andrea Zander Primaris REIT has agreed to acquire Conestoga Mall in Waterloo, Ontario from Ivanhoé Cambridge, for aggregate consideration of $270 million.
Transactions | Jun 20, 2023 CBRE Investment Management buys affordable residential in Stockholm by Released CBRE Investment Management has exchanged contracts on a residential asset in Barkarbystaden, Stockholm, Sweden.
Investors | Jun 20, 2023 Marathon Asset Management hires UBS PFG as their exclusive capital raising partner for real estate tactical solutions vehicle by Andrea Zander Marathon Asset Management has hired UBS PFG for its dedicated tactical solutions vehicle focused on real estate, IREI has learned.
People | Jun 20, 2023 Walton Global hires Katie Hubbard as senior vice president of capital markets by Released Walton Global has hired Katie Hubbard, MS, CRPC, as a senior vice president of capital markets.
People | Jun 20, 2023 Hines appoints Tim Jowett to lead research In Asia by Released Hines has appointed Tim Jowett as managing director, head of Asia research.
Investors | Jun 20, 2023 Second Avenue forms JV with Sculptor Real Estate by Andrea Zander Second Avenue has formed a strategic joint venture and property management agreement with Sculptor Real Estate.
Investors | Jun 16, 2023 VRS makes $325m commitments to real estate by Andrea Zander The $100.3 billion Virginia Retirement System (VRS) has invested $325 million to two real estate funds.
Research | Jun 16, 2023 NRF says retail sales increased again in May despite retail real estate pulling back by Andrea Zander Retail sales rose again in May as consumers continued to spend despite economic challenges.
People | Jun 16, 2023 JLL appoints new EMEA markets advisory CEO by Released JLL has announced Stephanie Hyde to CEO, Markets Advisory, EMEA.
Research | Jun 16, 2023 European commercial real estate’s negative total returns moderate in Q1 on UK by Released Commercial real estate investments generated negative total returns.
Transactions | Jun 16, 2023 Tishman Speyer secures construction financing for its planned redevelopment of Mazza Gallerie in Washington, D.C. by Released Tishman Speyer announced it has secured $150 million in construction financing from RBC Capital Markets, as well as all permits necessary, to move forward with its reinvention of Mazza Gallerie in Washington, D.C.