Fundraising | Nov 21, 2022 Taurus, Sage Capital plan real estate fund in India by Kali Persall Taurus Investment Holdings, in partnership with Sage Capital, is planning to raise a INR 5 billion ($61.4 million) fund to invest in India’s real estate sector.
Investors | Nov 21, 2022 Illinois Municipal Retirement Fund backs value-add Rockwood Capital, Torchlight real estate funds by Kali Persall The Illinois Municipal Retirement Fund has approved several commitments within its real estate asset class.
Transactions | Nov 21, 2022 Savills IM acquires logistics complex in Germany for pan-European logistics fund by Released Savills Investment Management (Savills IM) has acquired a newly constructed logistics complex in Verden, Lower Saxony, Germany, for its European Logistics Fund 3 (ELF 3).
Investment in Retail Real Estate in Europe continues to recover with €44.2b invested by Andrea Zander With a total of €44.2 billion ($45.6 billion) invested during the past 12 months, investment in retail assets in Europe continues to rally, according to BNP Paribas Real Estate. This 20 percent increase is higher than for offices (10 percent) or logistics (17 percent).
Transactions | Nov 21, 2022 Quinlan forms development JV with GTIS for N.Y. project by Andrea Zander Quinlan Development Group (QDG) and GTIS Partners have formed a joint venture.
Investors | Nov 21, 2022 CSI Energy Storage enters into 2.6GWh battery supply agreement with UBS AM by Released Canadian Solar announced that CSI Energy Storage, which is part of its majority-owned subsidiary CSI Solar Co. (CSI Solar), has been selected to provide up to 2.6 gigawatt hours of battery solutions for the build-out of energy-storage projects managed by UBS Asset Management’s Real Estate & Private Markets business in North America.
Transactions | Nov 21, 2022 Invesco Real Estate completes sale of Utrecht logistics facility by Released Invesco Real Estate has completed the sale of a multimodal industrial estate in Utrecht, Lage Weide in the Netherlands, on behalf of one of its long-standing German pension fund clients.
Transactions | Nov 21, 2022 Bally’s partners with private investor for $500m sale leaseback for future site of Bally’s Chicago by Andrea Zander Bally’s Corp. has closed a transaction with one of Chicago’s real estate private equity firms to acquire for $200 million the Tribune Publishing Center site where Bally’s Chicago will be built.
Transactions | Nov 21, 2022 Vista Residential Partners, BCDC break ground on 15 acres for project by Andrea Zander Vista Residential Partners has broken ground on 15 acres on Chatham Center Drive in Savannah, Ga., for the development of Riverchase Vista, a 300-unit multifamily development.
Research | Nov 21, 2022 Institutions expected to increase target allocations to real estate, says report by Kali Persall Institutions continue to increase target allocations to real estate, with the expectation that attractive buying opportunities will emerge over the next several years.
Investors | Nov 21, 2022 China: What international investors should consider by Jennifer Molloy Is China headed for a soft or hard landing? Given geopolitical concerns, the country’s zero-COVID policy and liquidity crisis challenging developers in the nation’s residential market, how investable is China’s property and infrastructure market now and going forward for international investors?
Transactions | Nov 18, 2022 Big Sky Medical closes investment in Texas A&M Health Science Center by Kali Persall Big Sky Medical, an investment manager focused on commercial real estate across the United States with an overweight focus on the medical office sector, has closed its investment in the Texas A&M Health Science Center in Bryan, Texas.
Investors | Nov 18, 2022 Border to Coast Pensions Partnership searches for specialist manager in UK real estate by Kali Persall Border to Coast Pensions Partnership, one of the largest pension pools in the United Kingdom, has launched a search for a specialist manager to support the development and management of its multi-billion-pound U.K. Real Estate Fund.
Transactions | Nov 18, 2022 NEPI Rockcastle snaps up Polish shopping center by Kali Persall NEPI Rockcastle, the premier owner and operator of shopping centers in Central and Eastern Europe, has agreed to acquire a 100 percent interest in Copernicus Shopping Centre in Torun, Poland.
Transactions | Nov 18, 2022 Keppel and co-investor take stake in residential site in Shanghai by Kali Persall Keppel Corp. and a co-investor have plans to acquire a 28.57 percent equity interest in a residential site in Jiading District in Shanghai from Gemdale Corp.
Investors | Nov 18, 2022 Take-up, supply to increase in European data center market, says CBRE by Released Global real estate adviser CBRE, forecasts significant levels of take-up and supply to be brought to the European data center market in the final quarter of 2022, following a subdued third quarter.
Investors | Nov 18, 2022 Los Angeles Department of Water and Power backs Brookfield, EQT Exeter funds by Kali Persall The Los Angeles Department of Water and Power Employees’ Retirement Plan (LADWP) has unanimously approved two investments in real estate funds managed by Brookfield and EQT Exeter.
Investors | Nov 18, 2022 U.K. government throws retail, hospitality sectors a lifeline by Marek Handzel The United Kingdom’s retail and hospitality sectors have been thrown a lifeline by a commitment from the U.K. government to cut business rate taxes during the next five years.
Transactions | Nov 18, 2022 Oxford Properties and Novaxia buy Paris life sciences campus by Released Oxford Properties Group and Novaxia have completed the acquisition of the Biocitech life sciences campus in Paris.
Transactions | Nov 18, 2022 Walker & Dunlop arranges $204m for mixed-use property in Brooklyn by Released Walker & Dunlop has secured $204 million in loan proceeds from MF1 Capital to refinance The Axel.
