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.
Transactions | Apr 21, 2023 Peakside snaps up logistics portfolio in Frankfurt’s CargoCity Süd by Kali Persall Peakside Capital Advisors has taken ownership of four assets totaling 20,000 square meters (215,278 square feet) in CargoCity Süd, the air freight hub at Frankfurt Airport, on behalf of its Peakside Real Estate Fund.
Transactions | Apr 21, 2023 Gaw Capital Partners picks up Florentia Village Guangzhou outlet mall in China by Kali Persall Gaw Capital Partners has acquired the Florentia Village Guangzhou outlet mall in Guangdong, China for an undisclosed amount.
Bouwinvest enters Canadian market through multifamily JV with Woodbourne Capital by Kali Persall Dutch institutional investment manager Bouwinvest Real Estate Investors has made its foray into the Canadian market through a joint venture with Woodbourne Capital.
Transactions | Apr 21, 2023 Trammell Crow Company and Clarion Partners move ahead with Fairfield Industrial Center’s Phase 2 by Kali Persall Trammell Crow Company (TCC) and its partner Clarion Partners have received the necessary approvals to move forward with the second phase of development at the Fairfield Industrial Center in Fairfield, Calif.
Transactions | Apr 21, 2023 Capital Square breaks ground on class A multifamily development in qualified opportunity zone by Kali Persall Capital Square, a sponsor of tax-advantaged real estate investments and an active developer of multifamily communities, has broken ground on a 352-unit, class A multifamily development in Richmond, Va.
Transactions | Apr 21, 2023 BNP Paribas REIM acquires 88,000sqm logistics park in Italy by Kali Persall BNP Paribas REIM has acquired a new 88,000-square-meter (947,224-square-foot) logistics park in Vigasio, a province of Verona, Italy. Dils acted as commercial advisor in the sale, and financial terms were not disclosed.
Investors | Apr 21, 2023 IKEA’s largest retailer unveils €2b investment push in the U.S. by Kali Persall Ingka Group, the largest IKEA retailer, has announced an investment of more than €2 billion ($2.2 billion) throughout the next three years to open new store locations and expand omnichannel growth in the United States.
People | Apr 21, 2023 PensionDanmark CEO to step down in October by Kali Persall Torben Möger Pedersen will step down from his role as CEO at PensionDanmark on Oct. 1.
Transactions | Apr 21, 2023 Grosvenor Property U.K. and Urban Splash sign $12m funding deal by Kali Persall Grosvenor Property U.K. has launched a new £10 million ($12 million) funding deal with Urban Splash, a regeneration company.
