People | May 18, 2023 Galvanize Climate Solutions appoints Allison Fremed as portfolio manager and COO by Kali Persall Allison Fremed has joined Galvanize Climate Solutions, a climate-focused global investment firm delivering capital and expertise to accelerate climate solutions, as portfolio manager and COO for the recently launched sustainable real estate investment strategy.
Transactions | May 18, 2023 Stockport MDC and English Cities Fund to deliver transformative site in Stockport, U.K. by Kali Persall Stockport Mayoral Development (MDC) and the English Cities Fund (ECF) have formed a long-term joint venture to develop an eight-acre site in Stockport town center.
Investors | May 18, 2023 SEGRO commits to $2.2b development program in the West Midlands by Kali Persall SEGRO, a U.K. REIT and an owner, manager and developer of modern warehouses and industrial property, has joined forces with the West Midlands Combined Authority (WMCA) in a commitment to invest £2 billion ($2.2 billion) in next-generation, net-zero warehouse facilities in the West Midlands throughout the coming decade.
Transactions | May 18, 2023 Catella European Residential acquires senior living development in Germany by Kali Persall Catella European Residential (CER) has acquired a 14,000-square-meter (150,694-square-foot) waterfront development of 137 senior living apartments spread across four buildings in Germany.
Transactions | May 18, 2023 Ascentris to develop two class-A industrial properties in Atlanta by Kali Persall Ascentris, a Denver-based real estate private equity firm, has acquired a 35-acre land parcel located in the Northeast industrial market in Atlanta, with the aim of building two class A industrial buildings at the site.
Transactions | May 17, 2023 Knight Frank and Croisette launch long-term partnership by Kali Persall Knight Frank, the world's largest privately owned real estate advisory business, and Croisette, a real estate advisory in the Nordics, have forged a new partnership to develop and provide real estate services to multi-market and multi-sector clients globally.
Transactions | May 17, 2023 Two iconic Irish hotels hit the market by Kali Persall Two sister hotel properties are for sale in Ireland, according to global real estate adviser CBRE, which was appointed to sell the properties.
Investors | May 17, 2023 Ascentris locks in $200m follow-on commitment from OPERF by Kali Persall Denver-based Ascentris has received an additional $200 million commitment from the Oregon Public Employees Retirement Fund (OPERF).
Investors | May 17, 2023 Participant Capital teams up with Apex Group on latest Sun Belt multifamily fund by Kali Persall Participant Capital, a real estate investment fund manager, has enlisted global financial services provider Apex Group to provide fund administration services to Participant Capital Sun Belt Multifamily Development Fund I.
Transactions | May 17, 2023 Magma Equities, Macquarie JV acquire garden-style multifamily property in Texas by Kali Persall Magma Equities and a global real estate fund managed by Macquarie Asset Management have acquired a 285-unit garden-style multifamily property in the Dallas-Fort Worth metro city of Arlington, Texas.
Fundraising | May 17, 2023 BlackRock gets green light to launch long-term asset fund by Kali Persall BlackRock has received regulatory approval from the United Kingdom’s Financial Conduct Authority to launch a long-term asset fund (LTAF).
Investors | May 17, 2023 Opus breaks ground on Tollway Corporate Center industrial development by Kali Persall The Opus Group has broken ground on the third and final building at Tollway Corporate Center, a 408,195-square-foot industrial development in Chicago’s Interstate 88 submarket. The project is a joint venture with Principal Asset Management.
Research | May 17, 2023 The cold truth about what’s hot in niche real estate by Mike Consol National cold storage development hit an all-time high of 9.8 million square feet by the end of 2022, driven by a proliferation of users and operators as the sector grows and evolves.
Research | May 17, 2023 Funding gap to emerge in Asia Pacific by Jennifer Molloy There is currently $177 billion of outstanding senior commercial real estate debt in Asia Pacific, with a funding gap of $5.8 billion set to appear in markets between 2023 and 2025, according to a May 2023 report from CBRE.
Investors | May 17, 2023 GTIS Partners announces land acquisition for new industrial development in Houston by Denise Moose GTIS Partners announced the acquisition of a 26-acre land site to develop a 484,000-square-foot industrial project in the Houston Metropolitan Statistical Area.
Research | May 17, 2023 Four areas that will benefit from Asia’s re-opening by Jennifer Molloy Four areas are set to benefit from Asia’s reopening and growth story, notes Schroders’ May 2023 Talking Point piece titled, Asia’s economic recovery: What are the investment themes to watch?
People | May 16, 2023 CBRE IM promotes Dominic Smith to U.K. head of research by Released CBRE Investment Management has promoted Dominic Smith to U.K. head of research.
Transactions | May 16, 2023 CapitaLand Ascendas REIT Management eyes R&D facility in Singapore by Kali Persall CapitaLand Ascendas REIT Management is planning to acquire The Shugart, an integrated high-specification research and development (R&D) facility and business park property in Singapore
People | May 16, 2023 Legal & General Capital appoints Karen Bashford as COO by Kali Persall Legal & General Capital (LGC) has appointed Karen Bashford to COO, starting in July.
Transactions | May 16, 2023 Macquarie snaps up two logistics facilities in the Netherlands by Kali Persall Macquarie Asset Management has acquired two logistics facilities in the Netherlands on behalf of the Macquarie European Logistics Real Estate Fund.
