Investors | Jan 5, 2023 Digital Edge, NIIF and AGP to build $1b data centers in India by Andrea Zander Digital Edge, National Investment and Infrastructure Fund (NIIF), and AGP DC InvestCo Pte. have entered into a partnership to develop a pan-India portfolio of hyperscale data centers.
People | Jan 5, 2023 Nils Femmer appointed to management board at QUEST Investment Partners by Released QUEST Investment Partners, an investment and project development company based in Germany, has appointed COO Nils Femmer to its management board.
People | Jan 5, 2023 Pennsylvania PSERS chooses new CIO following nationwide search by Kali Persall The Pennsylvania Public School Employees' Retirement System (PSERS) has appointed Benjamin Cotton.
Transactions | Jan 5, 2023 Tishman Speyer sells 10-building office campus in Shanghai for $1b by Andrea Zander Tishman Speyer has sold The Springs Center in Shanghai to an RMB-denominated fund co-managed by CapitaLand Investment.
Research | Jan 5, 2023 Industrial supply outpaces demand for second consecutive quarter by Andrea Zander Industrial supply has outpaced demand for the second consecutive quarter.
University of Cincinnati student housing development secures joint venture equity by Released JLL Capital Markets has secured joint venture equity for the development of Four Corners, a 404-bed/136-unit student housing development adjacent to the University of Cincinnati.
Transactions | Jan 5, 2023 JLL consortium advises on major South Korea office transaction by Andrea Zander JLL has announced that, jointly with NAI Propertree and Deloitte, it acted as a consortium sales adviser on behalf of EDN Investment Management, to complete the transaction of the fund’s beneficiary certificates for the sale of GB I and GB II Tower, two office assets with a total gross floor area of 57,680 square meters (620,860 square feet), located in the highly sought-after Pangyo Techno Valley in Seoul.
SPONSORED: Amherst – Supporting housing stability through long-term capital commitment by Jennifer Babcock The pandemic forced progress in housing affordability and support for residents in a variety of housing situations.
SPONSORED: CBRE IM – Overcoming the denominator effect challenge by Jennifer Babcock The sharp drop off in the markets in 2022 left many investors overinvested according to their allocation mandates in illiquid assets, such as real estate and infrastructure.
Fundraising | Jan 4, 2023 FCP Realty Fund VI secures $373m of capital from investors by Kali Persall FCP Realty Fund VI, a value-added fund managed by FCP, has secured more than $373 million against a target of $1.65 billion.
People | Jan 4, 2023 South Korea’s NPS names new CIO by Kali Persall The National Pension Service (NPS) of South Korea, the world's third-largest pension fund, has appointed a new CIO.
Fundraising | Jan 4, 2023 Brookfield closes fourth flagship real estate fund at a record-breaking $17b by Kali Persall Brookfield Asset Management has raised a colossal $17 billion for its fourth flagship real estate fund — Brookfield Strategic Real Estate Partners (BSREP) IV — bringing its capital-raising period to a close.
Fundraising | Jan 4, 2023 Covenant Capital Group raises its largest investment vehicle to date by Kali Persall Nashville–based Covenant Capital Group has raised $748 million for its latest value-add real estate vehicle, Covenant Apartment Fund XI, making it the largest fund in the firm’s 22-year history.
Transactions | Jan 4, 2023 ARA US Hospitality Property Trust buys 119-room hotel in Colorado Springs by Andrea Zander ARA US Hospitality Property Trust has plans to acquire the three-star Home2 Suites by Hilton Colorado Springs South hotel.
People | Jan 4, 2023 Accor appoints Omer Acar as CEO Raffles & Orient Express by Released Accor has appointed Omer Acar as CEO Raffles & Orient Express.
Transactions | Jan 4, 2023 Hines acquires three-building industrial Portfolio in New Jersey by Released Hines has acquired Newark Distribution Center in New Jersey.
Transactions | Jan 4, 2023 Brookfield sells Barcelona hotel for €230m by Andrea Zander Spanish fund manager Blasson Property Investments has plans to purchase a 465-room, five-star Sofia Hotel in Barcelona.
Investors | Jan 4, 2023 Medical office fundamentals to remain strong, despite macro challenges by Loretta Clodfelter The medical office sector is likely to see fundamentals remain strong in 2023, although the broader economic challenges may pose some threats to the healthcare industry, according to Kevin Yen, principal, investments, with BentallGreenOak.
People | Jan 4, 2023 Jennifer Dumas Hall joins Rockpoint Group as managing director by Andrea Zander Jennifer Dumas Hall has joined Rockpoint Group as managing director.
People | Jan 4, 2023 Rai Katimansah joins SC Capital Partners as managing director by Released SC Capital Partners Group has hired Rai Katimansah as a managing director.
