People | Mar 30, 2023 United Hampshire U.S. REIT Management CEO to step down by Released United Hampshire U.S. REIT Management, the manager of United Hampshire U.S. REIT (UHREIT), has announced succession plans.
Transactions | Mar 30, 2023 Harrison Street JV expands portfolio with Moda Living in U.K.’s largest regional BTR deal by Andrea Zander Harrison Street has expanded its build-to-rent (BTR) joint venture with U.K. investment manager Apache Capital and NFU Mutual to fund Moda Living’s Great Charles Street, a 722-home BTR development in Birmingham, U.K.
Transactions | Mar 30, 2023 AIF Capital acquires three care facilities for healthcare fund by Released AIF Capital Group has acquired three care facilities for the open-ended healthcare fund AIF Fürsorge I.
Fundraising | Mar 30, 2023 Schroders launches open-ended, long-term asset fund in the U.K. by Kali Persall Schroders Capital has launched a new fund designed to help U.K. pension fund investors support the net-zero transition.
Investors | Mar 29, 2023 Ventura County pension fund slates $75 million for LaSalle Value Partners US IX by Kali Persall The Ventura County (Calif.) Employees’ Retirement Association (VCERA) has approved a $75 million re-up commitment to LaSalle Value Partners US IX, according to a recent board meeting document.
People | Mar 29, 2023 Universities Superannuation Scheme names Carol Young as its new group CEO by Kali Persall Universities Superannuation Scheme (USS), the largest private pension scheme in the United Kingdom by assets, has appointed Carol Young as its new group CEO.
Investors | Mar 29, 2023 FDIC hires Newmark Group to sell billions of Signature Bank debt by Andrea Zander The Federal Deposit Insurance Corp. (FDIC) has hired Newmark Group to sell about $60 billion of failed lender Signature Bank's loans.
Transactions | Mar 29, 2023 Conning acquires majority stake in Pearlmark by Andrea Zander Conning completes acquisition of a majority stake in Pearlmark.
Transactions | Mar 29, 2023 Harvest Partners to sell Lazer Logistics by Andrea Zander Harvest Partners has reached a definitive agreement to sell Lazer Logistics to EQT Infrastructure VI fund (EQT).
People | Mar 29, 2023 CBRE appoints head of U.K. hotels by Released CBRE has appointed Miles Auger as head of hotels, U.K.
Transactions | Mar 29, 2023 LondonMetric sells five distribution warehouses for €40m by Released LondonMetric Property Plc has exchanged on the sale of five assets in two transactions for £34.8 million (€39.6 million/$42.8 million).
Transactions | Mar 29, 2023 BKM Capital Partners JV acquires multitenant industrial property in Portland by Released BKM Capital Partners with its partner TerraCore Capital has expanded its holdings in the Pacific Northwest with the purchase of Airport Business Center.
Fundraising | Mar 28, 2023 Alistithmar Capital, Safa Investment Co. to launch residential real estate funds in Saudi Arabia by Kali Persall Alistithmar Capital, an investment company owned by the Saudi Investment Bank, has inked an agreement with Safa Investment Co. to launch several real estate funds targeting the residential space in key cities within the Kingdom.
Research | Mar 28, 2023 U.S. sentiment holds firm despite banking stresses by Andrea Zander U.S. consumer confidence improved in March despite concerns about bank failures and what it might mean for deposits, according to ING.
Investors | Mar 28, 2023 Dutch pension funds suffer real estate losses in 2022 by Kali Persall Pension funds suffered losses on their real estate investments in 2022.
Fundraising | Mar 28, 2023 COIMA launches €400m social housing fund in Italy by Kali Persall COIMA, an Italian ESG-led investor, developer and asset manager, has launched a new closed-end real estate fund dedicated to social housing.
Transactions | Mar 28, 2023 KKR buys Hyatt Regency Tokyo with Gaw Capital Partners by Andrea Zander KKR and Gaw Capital Partners have purchased Hyatt Regency Tokyo, an iconic luxury hotel located at the heart of Tokyo, from Odakyu Electric Railway Company.
People | Mar 28, 2023 Europa appoints Ed Crockett as head of residential investment UK & Europe by Released Europa has appointed Ed Crockett to the newly created role of head of residential investment United Kingdom & Europe.
Transactions | Mar 28, 2023 PIC buys U.K. Government Property Agency hub at Ruskin Square, Croydon €305m by Andrea Zander Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension funds, has agreed to the £267.6 million (€304.5 million/$329.4 million) purchase of 2 Ruskin Square in Croydon, a new 344,940-square-foot class A office next to East Croydon railway station, from the Schroders Capital UK Real Estate Fund (SCREF).
Transactions | Mar 28, 2023 Aviva Investors acquires pair of retail assets in Hampshire and Middlesex by Released Aviva Investors has completed the purchase of two retail assets in the south of England.
