Transactions | Sep 20, 2023 Kennedy Wilson adds two U.K. industrial warehouse assets by Released Kennedy Wilson has acquired two industrial warehouse assets in the United Kingdom totaling 181,500 square feet via separate transactions.
Research | Sep 20, 2023 INREV: Slow correction continues for European non-listed real estate by Andrea Zander Performance of the European non-listed real estate market was characterized by a continued, slow correction in second quarter 2023.
Investors | Sep 20, 2023 Iowa Fire and Police posts 6% net return for the fiscal year by Lewis Dayton The Municipal Fire and Police Retirement System of Iowa generated a 6 percent net return.
Investors | Sep 20, 2023 Illinois State Universities Retirement commits $75m to Brookfield fund by Lewis Dayton The State Universities Retirement System of Illinois (SURS), with $22.6 billion of assets under management, has committed $75 million to Brookfield Strategic Real Estate (BSREP) V.
Cityview, Stockbridge to build 265-unit multifamily development in L.A.’s South Bay by Released Cityview and Stockbridge have commenced construction on Apollo, a 265-unit multifamily development in Los Angeles’ South Bay.
Transactions | Sep 20, 2023 TIAA, Nuveen acquire Norwegian self-storage firm by Released T-C Storage HoldCo, an indirect subsidiary of Teachers Insurance and Annuity Association (TIAA), advised by Nuveen Asset Management Europe, has plans to acquire Self Storage Group ASA, a Norwegian self-storage firm, for NOK 3.79 billion ($350 million).
Transactions | Sep 20, 2023 CIM Group steps up hospitality lending program closing $63.87m on two Florida hotels by Released CIM Real Estate Debt Solutions business, on behalf of a CIM managed fund, has closed a $34.97 million senior loan to a joint venture.
People | Sep 20, 2023 S2 Capital Hires Trey Lopez as vice president of operations by Released S2 Capital has hired Trey Lopez as vice president of operations.
Transactions | Sep 19, 2023 Harrison St., DeA Capital to acquire 430 build-to-rent units in Madrid and Alicante by Released Harrison Street and DeA Capital S.p.A. have acquire 430 build-to-rent (BTR) units across two new assets in Madrid and Alicante, Spain.
People | Sep 19, 2023 Cohen & Steers to promote Jason Yablon as head of listed real estate by Released Cohen & Steers has promoted Jason Yablon to head of listed real estate.
People | Sep 19, 2023 Agree Realty promotes Nicole Witteveen to COO by Released Agree Realty Corp., publicly traded REIT, has promoted Nicole Witteveen to COO.
Transactions | Sep 19, 2023 Kayne Anderson Real Estate, Synovus Bank close sale of $1.3b medical office loan portfolio by Released Kayne Anderson Real Estate and Synovus Bank have closed the $1.3 billion sale of Synovus’s medical office loan portfolio.
Investors | Sep 19, 2023 Nuveen secures investment from TIAA for U.S. impact housing fund dedicated to affordable housing by Andrea Zander Nuveen, the $1.1 trillion asset manager of TIAA, has secured a $250 million commitment from the TIAA General Account to seed the Nuveen Real Estate U.S. Impact Housing Fund.
Research | Sep 19, 2023 U.S. REIT capital offerings nosedive 85 percent month-on-month in August by Andrea Zander U.S. equity real estate investment trust capital market activity fell sharply in August as the industry raised a total of $702.3 million for the month.
Investors | Sep 19, 2023 Fresno County generates a net return of 7.5% for the fiscal year by Lewis Dayton Fresno County Employees’ Retirement Association (FCERA), which has $6.1 billion of assets under management, posted a return of 9.2 percent for the fiscal year that ended on June 30, outperforming its benchmark of 7.5 percent.
Investors | Sep 19, 2023 South Carolina Retirement generates 6.83% return for the fiscal year by Lewis Dayton The South Carolina Retirement System Investment Commission (RSIC), which manages the $40.6 billion portfolio of the South Carolina Retirement System, posted a net return of 6.83 percent for the fiscal year that ended on June 30, outperforming its benchmark of 5.49 percent.
People | Sep 19, 2023 John Picchiotti joins Dermody Properties as SVP of asset management and national leasing by Released Dermody Properties has hired John Picchiotti as senior vice president of asset management and national leasing.
Transactions | Sep 19, 2023 KKR to acquire 20% stake in Singtel’s regional data center business valued at $800m by Released A fund managed by KKR will commit $800 million for a 20 percent stake in Singtel’s regional data center business.
Transactions | Sep 19, 2023 Q Investment Partners enters London PBSA market by Andrea Zander Q Investment Partners and Hurlington Capital have formed a joint venture to develop a purpose-built student accommodation (PBSA) site in Woolwich, London.
Transactions | Sep 19, 2023 ShopOne, Pantheon JV acquire grocery-anchored shopping center in Rhode Island by Released A joint venture between ShopOne Centers REIT and Pantheon announced that it acquired North Providence Marketplace.
