Investors | Apr 25, 2023 Aviva and Persimmon participate in fundraising round to build out modular homes by Kali Persall Aviva and Persimmon are participating in a £70 million ($87 million) funding round to support TopHat in its buildout of Europe’s largest modular homes facility.
Investors | Apr 25, 2023 PPHE Hotel Group debuts first Radisson RED hotel in Serbia by Released PPHE Hotel Group has debuted its first Radisson RED hotel, which will be located in Belgrade, Serbia. Â
Transactions | Apr 25, 2023 Skanska sells brand new office building in Sweden by Kali Persall Skanska has sold a new 5,000-square-meter (53,819-square-foot) office building under construction in central Karlskrona, Sweden. Vacse paid about SEK 250 million ($24 million) for the building.
Fundraising | Apr 25, 2023 LIP Invest launches fifth logistics real estate fund in Germany by Kali Persall LIP Invest, a provider of special logistics real estate funds in Germany, is launching its fifth logistics real estate fund for institutional investors.
Investors | Apr 25, 2023 GLP to deliver 55,000 sqm of cold storage facilities in Japanese market by Kali Persall GLP has commenced construction on two purpose-built cold storage facilities in Japan.
Transactions | Apr 25, 2023 Supermarket Income REIT to acquire Tesco omnichannel supermarket in England by Kali Persall Supermarket Income REIT has paid the British Steel Pension Fund £38.3 million ($47 million) to acquire a Tesco omnichannel supermarket in Worcester, England.
Transactions | Apr 25, 2023 Partnership signs $1.2b deal for 90 affordable housing communities across the U.S. by Kali Persall The Essential Housing Impact Partnership (EHIP), a joint venture composed of the Community Development Trust (CDT), The Michaels Organization and Goldman Sachs Urban Investment Group (UIG), have purchased 90 affordable housing communities in a $1.2 billion deal.
Research | Apr 25, 2023 Private markets are switching roles with public markets in financing the real economy, says Partners Group by Kali Persall Private markets are overtaking public markets in financing the real economy, in a role reversal that is expected to fundamentally reshape the private markets industry, according to a new white paper from Partners Group.
Research | Apr 25, 2023 Asia Pacific investors main source of capital for non-listed real estate in 2022 by Kali Persall Asia Pacific investors were the main source of capital for non-listed real estate globally in 2022, according to the ANREV Capital Raising Survey 2023.
Transactions | Apr 24, 2023 CapitaLand Ascendas REIT to divest industrial building in Singapore by Kali Persall CapitaLand Ascendas REIT (CLAR) has entered into an agreement for the sale of KA Place, 159 Kampong Ampat in Singapore, to KA Place SPV 1 for a consideration of S$35.38 million ($26.5 million).
People | Apr 24, 2023 Madison International Realty adds Mark Schein to executive team by Kali Persall Madison International Realty has appointed Mark Schein as managing director, COO and general counsel, based in New York.Â
Transactions | Apr 24, 2023 JR Capital, Chancerygate acquire U.K. industrial portfolio from Columbia Threadneedle by Kali Persall JR Capital and Chancerygate have acquired seven industrial real estate assets in the United Kingdom from Columbia Threadneedle Investments.
Transactions | Apr 24, 2023 Lendlease, APPF Retail sell Craigieburn Central shopping center in Australia by Kali Persall Lendlease Group and Lendlease’s Australian Prime Property Fund (APPF) Retail, which co-own the Craigieburn Central shopping center, are selling the property to IP Generation for a gross price of A$300 million ($201 million).
Research | Apr 24, 2023 Prime offices in London, Paris negatively affected by remote work by Released A new report from Bloomberg Intelligence (BI) has found that prime offices in London and Paris may acutely feel the pain from remote work as a mix of falling values and widespread vacancy destroys the city networking vibe and leaves high-quality buildings empty.
Investors | Apr 24, 2023 Whitbread, Olympian Homes to transform Premier Inn hotel into student, co-living spaces by Kali Persall Whitbread, along with its development partner Olympian Homes, could transform the Premier Inn hotel at St James Barton roundabout in the city center of Bristol, England, into two new high-quality student and co-living homes.
Investors | Apr 24, 2023 Alameda County Employees targets $150m in core real estate investments by Kali Persall The Alameda County (Calif.) Employees’ Retirement Association (ACERA) has plans to adopt a new investment plan for its real estate asset class.
Fundraising | Apr 24, 2023 Aquilius Investment Partners closes maiden secondaries fund by Kali Persall Aquilius Investment Partners, Singapore-based investment manager focused on secondaries in Asia Pacific, has closed its maiden AIP Secondary Fund I (AIP SF I), with more than $400 million in client commitments.
People | Apr 24, 2023 CEO of Peach Property Group to step down in May by Kali Persall Peach Property Group’s CEO Thomas Wolfensberger will step down on May 24 after 16 years at the company.
Investors | Apr 24, 2023 Panattoni breaks ground on warehouse project in Sweden by Kali Persall Panattoni, one of Europe’s largest developers of modern logistics properties, has broken ground on its Panattoni Park Rosersberg project, which will offer a total of 40,000 square meters (430,556 square feet) of warehouse space spread across two buildings near Stockholm.
Investors | Apr 21, 2023 IHG Hotels & Resorts to launch first Vignette Collection hotel in the United Kingdom by Kali Persall IHG Hotels & Resorts has plans to open The Halyard at Ropewalks Liverpool, Vignette Collection in the United Kingdom later this year under a franchise agreement with Molo Hotels.
