Research | Feb 17, 2023 Global pension assets record 23% increase to RE allocations by Andrea Zander After more than a decade of uninterrupted growth, last year global pension assets recorded their largest fall since the global financial crisis of 2008, according to Thinking Ahead Institute.
Fundraising | Feb 17, 2023 Hanseatic Sustainable Residential Real Estate Fund to invest in energy-efficient apartments in Latvia by Kali Persall Hanseatic Alternative Investments AIFP has launched a sustainable residential real estate alternative investment fund in Latvia.
Investors | Feb 17, 2023 Los Angeles City Employees’ Retirement System places $40m in NB Partners Fund IV by Kali Persall The $21.6 billion Los Angeles City Employees’ Retirement System (LACERS) has committed $40 million to NB Partners Fund IV, a value-add real estate fund managed by NorthBridge Partners.
Investors | Feb 17, 2023 The Washington State Investment Board announces $500m follow-on commitment to Partners Enterprise Capital by Kali Persall The Washington State Investment Board has approved a follow-on investment of $500 million in Partners Enterprise Capital.
Fundraising | Feb 17, 2023 NBS Alliance completes first closing of new value-add, opportunistic fund by Kali Persall NBS Alliance has launched a new value-add and opportunistic fund with a €100 million fundraising target.
Transactions | Feb 17, 2023 Casual-dining and quick-service restaurant operator sells for $1.3b by Andrea Zander BP Products North America buys TravelCenters of America for $1.3 billion.
Research | Feb 17, 2023 CBRE Investment Management: Global macro-outlook brightens in early 2023 by Andrea Zander Headline inflation and bond yields fell worldwide, while peak interest rate expectations softened, according to CBRE Investment Management.
People | Feb 17, 2023 Argosy Real Estate Partners expands strategy into public real estate securities market by Released Argosy-Lionbridge Management appoints Greg Morillo as CIO and Adam Feldman as COO.
Hines: Can integrating hospitality into real estate increase returns? by Released Whitney Burns, Hines vice president of global client strategy, and Danny Meyer, founder of Union Square Hospitality Group, discuss the integration of hospitality into real estate returns.
Fundraising | Feb 16, 2023 Amundi seeks €600m for the second vintage of its senior mortgage fund by Kali Persall Amundi is launching the second vintage of its senior mortgage fund: Amundi Commercial Real Estate Loans II.
Investors | Feb 16, 2023 AvSuper and Australian Retirement Trust mull merger agreement by Kali Persall AvSuper and Australian Retirement Trust (ART) have inked a memorandum of understanding, exploring a merger of the two Australian superannuation funds.
Investors | Feb 16, 2023 Redevco, SFP Group, SFP UK form U.K. BTR residential JV by Andrea Zander Redevco, SFP Group and SFP UK have signed a joint venture agreement to invest in the U.K. build-to-rent real estate market.
Investors | Feb 16, 2023 Singapore’s GIC says still exploring investment opportunities in China by Andrea Zander Singapore sovereign wealth fund GIC said it continues to scout for long-term investment opportunities in China.
Investors | Feb 16, 2023 TRS Illinois slates $50m for value-add industrial fund by Kali Persall The $65 billion Teachers’ Retirement System (TRS) of the State of Illinois has approved a $50 million commitment.
Transactions | Feb 16, 2023 Oxford Properties expands biomanufacturing real estate platform with $125m purchase by Released Oxford Properties Group has purchased and long-term lease back of 92 Crowley Drive, Marlborough, Mass.
Transactions | Feb 16, 2023 Medical Properties Trust announces agreement for CommonSpirit Health to acquire Steward’s Utah operations by Released Medical Properties Trust has agreed to lease its entire Utah hospital portfolio to Catholic Health Initiatives Colorado.
Research | Feb 16, 2023 U.S. hotel sales kick off 2023 with record-breaking pricing in growing markets by Andrea Zander Hotel investors have kicked off 2023 with record sales for quality assets in highly desirable and growing markets.
Fundraising | Feb 16, 2023 Mill Creek Investment Management Platform expands with $1.2b in equity commitments by Andrea Zander Mill Creek Residential has announced the formation of four new investment vehicles to invest in the U.S. residential rental sector.
Investors | Feb 16, 2023 IGIS, CHA Bio Group to launch life science real estate platform JV by Andrea Zander IGIS Asia Investment Management form Korean-focused life science joint venture with CHA Bio Group.
Research | Feb 16, 2023 Oxford Economics: Why the worst of U.S. housing affordability may be behind us by Andrea Zander Housing affordability deteriorated in 2022 by the most since the housing crisis and rebalancing is needed to foment healthier market dynamics.