Research | Jul 6, 2023 DWS Real Estate Research: APAC decarbonization in real estate by Released A combination of measures is required to achieve the decarbonization targets by 2030 and 2050 for the real estate sector, including improving access to renewable energy to both the energy grid and to buildings.
Fundraising | Jul 6, 2023 EQT Exeter Industrial Value Fund VI closes at $4.9b by Andrea Zander EQT has held its final close for Exeter Industrial Value Fund VI at $4.9 billion in fee generating assets under management.
Fundraising | Jul 6, 2023 Endeavor Real Estate Group closes $610m fund by Andrea Zander Endeavor Real Estate Group, an Austin-based investment and development firm, has closed a $610 million private equity fund.
Transactions | Jul 6, 2023 Tishman Speyer, Silverstein Properties finalize $330m refinancing of NYC office tower by Released Tishman Speyer and Silverstein Properties have finalized a $330 million refinancing of their class A office tower at 11 West 42nd Street in Midtown’s prestigious Bryant Park district.
Transactions | Jul 6, 2023 CDL continues investment in Korea, acquires Nine Tree premier hotel by Andrea Zander City Developments has acquired the Nine Tree Premier Hotel Myeongdong II in Seoul.
Investors | Jul 6, 2023 Aviva launches JV with Moda Living to build 1,000 build-to-rent apartments in Birmingham, U.K. by Andrea Zander Aviva Capital Partners has entered into a joint venture with Moda Living.
Fundraising | Jul 6, 2023 GCP’s China Income Fund VIII closes with $359m of equity commitments by Andrea Zander GLP Capital Partners (GCP) has closed China Income Fund VIII (CIF VIII), the latest fund in its flagship onshore income fund series, with equity commitments of approximately RMB 2.6 billion ($358.74 million). The capital was raised from a group of five domestic insurance companies featuring new and repeat investors who have previously participated in GCP’s onshore RMB funds.
Investors | Jul 5, 2023 Cromwell Property Group enters JV with Hong Kong-based asset manager Value Partners Group by Andrea Zander Cromwell Property Group has entered into a joint venture with Hong Kong-based asset manager Value Partners Group.
Research | Jul 5, 2023 Asia Pacific companies leading the return to office with plans to expand office portfolios by Andrea Zander Employees in Asia Pacific are leading the way in the return to the office, with office utilization rates in the region reaching 65 percent, compared to 50 percent in the United States and Europe, according to a survey by CBRE.
Transactions | Jul 5, 2023 Henderson makes third Edinburgh hotel buy by Released Henderson Park together with its in house hospitality operator and asset manager, Klarent Hospitality, has acquired the landmark Waldorf Astoria Edinburgh - The Caledonian.
Transactions | Jul 5, 2023 Hines acquires Prime West End asset in London by Released Hines has acquired the 103,000-square-foot, Film House, in the West End of London, on behalf of its Hines European Value Fund 3 (HEVF 3).
Investors | Jul 5, 2023 Energy-storing buildings could be used to balance out renewable-energy intermittency by Marek Handzel Urban buildings that act as giant thermal batteries could provide a long-term solution to the problem of renewable-energy intermittency.
Transactions | Jul 5, 2023 Big Lots makes $318m sale and leaseback agreement with Blue Owl Capital by Released Big Lot has entered into a sale and leaseback agreement with affiliates of Blue Owl Capital relating to the company's distribution center in Apple Valley, Calif., and 26 owned store locations, in a $318 million deal.
Transactions | Jul 5, 2023 Clarion Partners Europe continues U.K. warehouse push with 708,000sf acquisition by Released Clarion Partners Europe has completed the acquisition of three distribution warehouses in Widnes, United Kingdom, on behalf of a commingled fund client.
Transactions | Jul 5, 2023 Pan Pacific Hotels Group sells hotel in largest single-asset Singapore hotel transaction by Andrea Zander Pan Pacific Hotels Group has entered into an agreement for the sale of the PARKROYAL on Kitchener Road to Midtown Properties Pte. Ltd., part of Worldwide Hotels Group.
Investors | Jul 5, 2023 Multi Corporation enters France with 4 new shopping center management mandates by Released Multi Corporation has announced its recent appointment as property manager for four shopping centers in France.
Transactions | Jul 5, 2023 AXA IM Alts acquires €110m residential development opportunity in Madrid with Neinor Homes by Released AXA IM Alts in a joint venture with listed Spanish residential developer Neinor Homes, has acquired a plot of land in Madrid.
Transactions | Jul 5, 2023 Henderson makes third Edinburgh hotel buy by Released Henderson Park together with its in house hospitality operator and asset manager, Klarent Hospitality, has acquired the landmark Waldorf Astoria Edinburgh - The Caledonian.
Transactions | Jul 5, 2023 Caprock Partners acquires 3.1-acre value-add industrial asset in Central Los Angeles by Released Caprock Partners has acquired Olive Tree Industrial.
People | Jul 5, 2023 AXA IM Alts names Laurent Lavergne global head of sustainability by Kali Persall AXA IM Alts has appointed Laurent Lavergne to the newly created role of global head of sustainability, effective Oct. 1.
