Investors | Sep 22, 2023 Virginia commits $125m to Meadow fund, posts 6.1 percent return for fiscal year by Lewis Dayton The Virginia Retirement System (VRS), with $105 billion of assets under management, has committed $125 million to Meadow Real Estate VI.
Transactions | Sep 22, 2023 Weyerhaeuser announces approval of first forest carbon project by Released Weyerhaeuser Co. has received approval from the American Carbon Registry for its Improved Forest Management (IFM) carbon credit project in Maine.
Research | Sep 22, 2023 Student housing preleasing, rent growth help sector shine, Yardi Matrix reports by Released The student housing sector starts the school year in a strong position, as preleasing matches last year’s solid performance and year-over-year rent growth has continually outpaced 2022’s historic growth.
Transactions | Sep 22, 2023 Cain completes €577m PBSA transaction with backing from Menora by Released Cain International has completed a £500 million (€575 million/$613 million) PBSA forward-funding deal that will support the delivery of 2,389 beds across major university cities in the United Kingdom.
Transactions | Sep 22, 2023 Tishman Speyer acquires housing project in SW Germany by Released Tishman Speyer has acquired a housing project with 88 units in Grenzach-Wyhlen, southwest Germany, close to Basel and across the border in Switzerland.
Transactions | Sep 22, 2023 Barings Real Estate secures $115m in fixed-rate financing for California multifamily property by Denise Moose Barings Real Estate has secured $114.61 million in fixed-rate financing for The Ventana.
Transactions | Sep 22, 2023 GLP unveils 850MW data center business, Ada Infrastructure by Kali Persall GLP has launched Ada Infrastructure, a new global data center business with 850 megawatts of IT capacity across Japan, the United Kingdom and Brazil.
Transactions | Sep 21, 2023 Investcorp grows U.S. industrial real estate strategy with $216m portfolio acquisition by Andrea Zander Investcorp has acquired 31 industrial properties totaling approximately 1.6 million square feet across five major U.S. markets for an all-in value of $216 million.
Investors | Sep 21, 2023 W. P. Carey announces strategic plan to exit office sector by Andrea Zander W.P. Carey has unanimously approved a plan to exit the office assets within its portfolio.
Transactions | Sep 21, 2023 20-plus city blocks sold for $500m mixed-use project in Jacksonville, Fla. by Released Gateway Jax has acquired 22 acres of Jacksonville’s downtown core—amassing buildings and development sites that span more than 20 city blocks, with plans for $500 million of mixed-use build-out in a first phase.
Research | Sep 21, 2023 Principal Asset Management: Opportunities in listed REITs today by Andrea Zander Amidst the bearish sentiment towards real estate a compelling opportunity to own REITs has emerged.
Transactions | Sep 21, 2023 TruAmerica, PCCP JV acquires apartment complex in Santa Ana, Calif., for $103m by Denise Moose TruAmerica Multifamily has acquired Nineteen01.
Transactions | Sep 21, 2023 PATRIZIA acquires Active Utilities, creates Australia’s largest independent embedded network platform by Kali Persall PATRIZIA has acquired Active Utilities.
Research | Sep 21, 2023 Hines' new global outlook: Signals to watch in real estate investing by Andrea Zander Hines has released its new global investment outlook titled, Opportunistic Patience Prevails.
Investors | Sep 21, 2023 San Jose Employees posts 7.5% return for fiscal year by Lewis Dayton The $2.88 billion San Jose Federated City Employees’ Retirement System has posted a net return of 7.5 percent for the fiscal year that ended on June 30, slightly underperforming its benchmark of 7.8 percent.
Research | Sep 21, 2023 A recession in Canada is likely imminent by Lewis Dayton Following the news that Canada’s GDP contracted by 0.05 percent in the second quarter, Oxford Economics has released a report predicting Canada’s economy will experience three further quarters of negative GDP growth.
Investors | Sep 21, 2023 Ashcroft Capital announces commitment of growth capital from Temerity Strategic Partners by Released Ashcroft Capital has entered into a strategic venture with Temerity Strategic Partners.
Investors | Sep 21, 2023 Texas Municipal Retirement System seeks a head of private markets by Kali Persall The Texas Municipal Retirement System (TMRS) is seeking to hire a head of private markets.
Transactions | Sep 21, 2023 DTCP becomes majority shareholder in German data center operator, maincubes by Kali Persall Digital Transformation Capital Partner has become the majority shareholder in maincubes.
People | Sep 20, 2023 Ontario Teachers CIO Ziad Hindo to depart by Released Ziad Hindo will be leaving Ontario Teachers’ Pension Plan Board.
