Investors | Nov 18, 2022 U.K. government throws retail, hospitality sectors a lifeline by Marek Handzel The United Kingdom’s retail and hospitality sectors have been thrown a lifeline by a commitment from the U.K. government to cut business rate taxes during the next five years.
Transactions | Nov 18, 2022 Oxford Properties and Novaxia buy Paris life sciences campus by Released Oxford Properties Group and Novaxia have completed the acquisition of the Biocitech life sciences campus in Paris.
Transactions | Nov 18, 2022 Walker & Dunlop arranges $204m for mixed-use property in Brooklyn by Released Walker & Dunlop has secured $204 million in loan proceeds from MF1 Capital to refinance The Axel.
What investors want to know heading into 2023 by Jennifer Molloy The Editorial Advisory Board of this publication met in Singapore in late October to discuss pressing issues facing the real estate industry as we head into 2023. The event includes confidential and in-depth, small- and large-group discussions, which we compile from board members in advance in the form of “food for thought” topics.
People | Nov 18, 2022 CP Capital U.S. appoints Kristi Nootens as co-head by Released CP Capital, a U.S. real estate manager specializing in multifamily investments, announced the appointment of Kristi Nootens as co-head.
Investors | Nov 17, 2022 REIT makes first glamping investment by Released Summit Hotel Properties has announced a partnership with Onera Escapes. glampoing300
Transactions | Nov 17, 2022 Blackstone sells Milan office for €119m to Macquarie AM by Andrea Zander Macquarie Asset Management, on behalf of a managed account, has acquired an office building in central Milan for €119 million ($123 million), through an Italian real estate fund.
Transactions | Nov 17, 2022 CA Ventures announces sale of Colorado senior housing communities to Harrison Street by Released CA Ventures has sold its Anthology of Westminster and Anthology of Englewood senior living assets in Colorado to Harrison Street.
Investors | Nov 17, 2022 Connecticut slates $125m each for Artemis, IPI Partners funds by Kali Persall Connecticut state treasurer Shawn Wooden has approved two commitments.
Fundraising | Nov 17, 2022 Altis captures $405m of equity commitments for two Australian real estate funds by Kali Persall Altis Property Partners has secured A$600 million ($405 million) of equity commitments from two global institutional investors.
Montage Laguna Beach Resort Hotel sells for $650m by Andrea Zander Tilman Fertitta, the sole owner and CEO of Fertitta Entertainment, has acquired the Montage Laguna Beach Resort Hotel overlooking the Pacific Ocean in Laguna Beach, Calif.
Fundraising | Nov 17, 2022 FD Stonewater launches evergreen fund targeting single-tenant assets by Kali Persall FD Stonewater has launched a new value-add evergreen fund targeting single-tenant assets.
Investors | Nov 17, 2022 OPERF to transition to a net-zero carbon emission investment portfolio by 2050 by Kali Persall Oregon state treasurer Tobias Read has plans to decarbonize the Oregon Public Employee Pension Fund (OPERF) by transitioning to a net-zero carbon emission investment portfolio by 2050.
Investors | Nov 17, 2022 JLL Income Property Trust, Amherst to acquire $500m single-family rental homes by Andrea Zander JLL Income Property Trust has expanded its existing relationship with The Amherst Group.
Investors | Nov 17, 2022 Office occupiers will see more demand for flexibility by Loretta Clodfelter The future of office space is flexibility — but that may not mean a decline in demand. Despite the uncertainty from remote work and a reduction in bank lending for office space causing a liquidity crunch in the space, there may be investment opportunities in the next year or two.
Transactions | Nov 17, 2022 Optimum acquires commercial building via fourth German real estate fund by Kali Persall Optimum Asset Management has acquired a 1,636-square-meter (17,609-square-foot) commercial building in Düsseldorf, Germany, in an off-market acquisition.
Investors | Nov 16, 2022 Blackstone launches data center platform in India by Andrea Zander Blackstone has launched Lumina CloudInfra.
People | Nov 16, 2022 10X Capital hires former CalPERS and Alaska Permanent Fund CIO Russell Read by Andrea Zander Dr. Russell Read, former CIO of CalPERS, the Alaska Permanent Fund, and the Gulf Investment Corporation, and former deputy CIO of Deutsche Bank’s Deutsche Asset Management, is joining 10X Capital as its CIO.
Fundraising | Nov 16, 2022 GLP Capital Partners holds $1.5b final close for self-storage property fund by Andrea Zander GLP Capital Partners has held a final closing for its North American self-storage real estate fund, GCP SecureSpace Property Partners.
Investors | Nov 16, 2022 Godwin Developments launches €1.1b nationwide BTR platform by Andrea Zander U.K. property developer Godwin Developments has launched a nationwide build-to-rent (BTR) platform.
