Other | Apr 19, 2023 Sack Properties launches next phase of growth under new leadership by Released San Francisco-based Sack Properties is planning to launch its next phase of growth under a new flag, Sack Capital Partners (SCP), which will be wholly owned by Jeff Smith, president, and David Feinberg, CIO.
Investors | Apr 19, 2023 Harrison Street and T3N close on sport-oriented PBSA asset in Spain by Kali Persall Harrison Street and T3N Sport & Investment, an operating platform owned by T3N Group and ColivINN, have closed on a purpose-built student accommodation (PBSA) asset in Spain.
Transactions | Apr 19, 2023 Chancerygate proposes to build urban logistics scheme in England by Kali Persall Chancerygate, the United Kingdom’s largest urban logistics property developer and asset manager, has submitted plans to build 41,200 feet of grade A urban logistics and industrial space in Chichester, West Sussex in England.
Research | Apr 19, 2023 The effect of the banking crisis on real estate by Jennifer Molloy The case for direct real estate remains, as the asset class exhibits a better average unit of return relative to downside risk.
Research | Apr 19, 2023 Post-pandemic trends continue to shape global office markets by Larry Gray Office market trends vary globally, effecting occupancy rates, rents, NOIs and valuations across geographic regions.
People | Apr 19, 2023 Ocorian announces 145-person promotion wave by Kali Persall Ocorian, the specialist global provider of services to financial institutions, asset managers, corporates and high-net-worth individuals, has promoted 145 people across the group.
Investors | Apr 19, 2023 Sustainable hyperscale data centers are 'an amazing opportunity' by Marek Handzel Sustainable hyperscale data centers are an "amazing opportunity" for investors as the digitization megatrend drives demand for more cloud computing storage.
Fundraising | Apr 18, 2023 Redcar closes second fund in series at $418m by Kali Persall Redcar Fund Management has closed its Redcar Fund II with $418 million in equity commitments. Â
Fundraising | Apr 18, 2023 Amundi launches range of net-zero ambition funds for institutional, retail investors by Kali Persall Amundi, the largest European asset manager, has launched a comprehensive range of net-zero ambition funds across major asset classes for institutional and retail investors.
Investors | Apr 18, 2023 Los Angeles Department of Water and Power re-ups in Angelo Gordon, Longpoint real estate funds by Kali Persall The Los Angeles Department of Water and Power (LADWP) Employees’ Retirement Plan has unanimously approved $150 million of commitments to real estate funds managed by Angelo, Gordon & Co. and Longpoint Realty Partners.
Investors | Apr 18, 2023 ​​Broad Street Development launches special situations asset management arm by Kali Persall ​​Broad Street Development (BSD), a vertically integrated owner-operator, has launched a new consulting arm, dubbed Paradigm Advisory Group.
People | Apr 18, 2023 Arrow Global appoints new managing director to broaden the firm’s investor set by Released Arrow Global Group, a vertically integrated alternative asset manager specializing in credit and real estate, has appointed Gabi Cohen as managing director, Nordics, client and product solutions (CPS).
Transactions | Apr 18, 2023 Nuveen Real Estate acquires neighborhood-oriented retail centers in Georgia, North Carolina by Kali Persall Nuveen Real Estate has acquired two neighborhood-oriented centers in high-barrier-to-entry submarkets of Atlanta and Charlotte, N.C. Financial terms were not disclosed.
People | Apr 18, 2023 Gianluca Romano joins Catella as head of capital raising by Kali Persall Catella has appointed Gianluca Romano to the new role of head of capital raising.
Investors | Apr 18, 2023 Oak Street Real Estate Capital VI captures $250m investment from Virginia pension fund by Kali Persall Oak Street Real Estate Capital VI, a value-add fund managed by Oak Street Real Estate Capital, a division of Blue Owl, has added another U.S. pension fund to its growing investor lineup.
Transactions | Apr 18, 2023 SilkRoad Property Partners acquires six assets in Tokyo for $150m by Kali Persall Singapore-based SilkRoad Property Partners has paid JPY 19.5 billion ($150 million) for six assets in Tokyo, marking the firm’s foray into the Japanese market. The multiple sellers were not disclosed.
Transactions | Apr 18, 2023 Telford Homes and Notting Hill Genesis to deliver build-to-rent homes in London’s Royal Docks by Released Telford Homes, Notting Hill Genesis and London BTR Investments (a joint venture between EQT Exeter and Sigma Capital Group) have exchanged on a £66 million ($82 million) forward sale of the build-to-rent element of the Gallions Quarter Phase 2B site at Royal Albert Wharf in England.
Research | Apr 18, 2023 Home rental growth rates track below inflation by Kali Persall Asking rents are on the rise but are still below the annual inflation rate, according to Dwellsy, the largest home rental-listing platform in the United States.
Fundraising | Apr 17, 2023 Gateway Capital joins Cadillac Fairview to launch $671m logistics fund in Australia by Kali Persall Gateway Capital, an investment manager focused on creating core assets in the industrial, logistics and office sectors, and Canada’s Cadillac Fairview have joined to launch a A$1 billion ($671 million) real estate fund focused on urban industrial and logistics markets in Australia.
Investors | Apr 17, 2023 Morning Calm Management launches $500m office JV by Kali Persall Morning Calm Management, a vertically integrated real estate management firm with a focus on special-situation investing, has formed a $500 million joint venture with a leading global investment manager.
