Transactions | Apr 21, 2023 Capital Square breaks ground on class A multifamily development in qualified opportunity zone by Kali Persall Capital Square, a sponsor of tax-advantaged real estate investments and an active developer of multifamily communities, has broken ground on a 352-unit, class A multifamily development in Richmond, Va.
Transactions | Apr 21, 2023 BNP Paribas REIM acquires 88,000sqm logistics park in Italy by Kali Persall BNP Paribas REIM has acquired a new 88,000-square-meter (947,224-square-foot) logistics park in Vigasio, a province of Verona, Italy. Dils acted as commercial advisor in the sale, and financial terms were not disclosed.
Investors | Apr 21, 2023 IKEA’s largest retailer unveils €2b investment push in the U.S. by Kali Persall Ingka Group, the largest IKEA retailer, has announced an investment of more than €2 billion ($2.2 billion) throughout the next three years to open new store locations and expand omnichannel growth in the United States.
People | Apr 21, 2023 PensionDanmark CEO to step down in October by Kali Persall Torben Möger Pedersen will step down from his role as CEO at PensionDanmark on Oct. 1.
Transactions | Apr 21, 2023 Grosvenor Property U.K. and Urban Splash sign $12m funding deal by Kali Persall Grosvenor Property U.K. has launched a new £10 million ($12 million) funding deal with Urban Splash, a regeneration company.
Investors | Apr 20, 2023 Public and private sector collaboration necessary for India’s growth by Kali Persall India is poised to become a $7 trillion economy by 2030. In order to realize this potential, consistent and coordinated efforts will be needed between the public and private sectors.
Research | Apr 20, 2023 Private market allocations ramp up despite volatility, says BlackRock Alternatives by Kali Persall Despite broad market declines, recessionary concerns and market turmoil, sophisticated investors are increasingly turning to private market allocations and are moving away from the 60/40 allocation model, according to BlackRock Alternatives’ inaugural Global Private Markets Survey.
Research | Apr 20, 2023 Malaysia tops Knight Frank’s new Southeast Asia data center index by Jennifer Molloy Malaysia’s appeal as an investment destination for data centers in Southeast Asia tops the inaugural list of Knight Franks’ newly launched index, the Knight Frank SEA-5 Data Centre Opportunity Index.
People | Apr 20, 2023 Croatan Investments names George Tullos Jr. senior vice president by Kali Persall Croatan Investments, a rental housing investment manager for private wealth and institutional capital, has named George Tullos Jr. as a senior vice president in its transactions team.
Jesse Harty joins CBRE IM as logistics head by Released Jesse Harty has joined CBRE Investment Management as the head of logistics operator division for the Americas direct real estate division.
People | Apr 20, 2023 NW1 Partners unveils two key leadership appointments by Kali Persall NW1 Partners, a niche sector–focused value-add real estate investment advisory firm, has announced two leadership appointments as part of the company’s strategic growth plans.
People | Apr 20, 2023 Former BlackRock managing director joins Buckingham by Kali Persall Benjamin Young, a former managing director at BlackRock, has assumed the role of CIO, managing director at Buckingham, a national vertically integrated developer, owner, manager and investor in multifamily and urban mixed-use real estate across the United States.
Fundraising | Apr 20, 2023 Harbert United States Real Estate Fund VIII secures $251m of commitments by Kali Persall Harbert United States Real Estate Fund VIII, a value-add fund managed by Harbert Management Corp., has raised $251 million against an equity fundraising target of $750 million, according to a recent SEC filing.
Investors | Apr 20, 2023 GCM Grosvenor forms industrial venture with Standard Real Estate Investments by Kali Persall Funds managed by GCM Grosvenor have forged a new investment venture with Standard Real Estate Investments, a minority-owned national real estate investment and development firm.
Research | Apr 20, 2023 Institutional Investors Real Estate Trends survey report released by Denise Moose Institutional Real Estate, Inc.’s 2023 Annual Investor Survey assesses institutional investors’ asset allocations, risk and return assumptions, expected capital flows, and real estate investment strategies for the coming year.
Transactions | Apr 19, 2023 Savills IM acquires six residential assets in Sweden in off-market deal by Kali Persall Savills Investment Management has agreed to pay €100 million ($110 million) for six residential assets in Sweden for its European Living platform. K2A Knaust & Andersson Fastigheter, a Swedish listed developer and property company, sold the assets in an off-market deal.
Transactions | Apr 19, 2023 M&G Real Estate acquires social housing scheme in Dublin by Kali Persall M&G Real Estate has acquired a social housing scheme in Blackrock, Dublin, for €31.3 million ($34 million) on behalf of its M&G European Secured Property Income Fund.
Investors | Apr 19, 2023 PATRIZIA to deliver sustainable, wellness-led office development in London by Kali Persall PATRIZIA has submitted plans to deliver a best-in-class, sustainable, wellness-led office development in London.
People | Apr 19, 2023 Oxford Properties appoints vice president, real estate finance & capital markets in Europe by Released Oxford Properties Group has appointed Tina Pristovsek as vice president, real estate finance & capital markets — Europe.
Other | Apr 19, 2023 Sack Properties launches next phase of growth under new leadership by Released San Francisco-based Sack Properties is planning to launch its next phase of growth under a new flag, Sack Capital Partners (SCP), which will be wholly owned by Jeff Smith, president, and David Feinberg, CIO.
