People | Nov 16, 2022 Core Spaces names new CFO and COO by Released Core Spaces has named new CFO and COO.
Research | Nov 16, 2022 Despite continued volatility and sell off across the REIT sector, green shoots are evident by Andrea Zander Despite a challenging capital markets environment and economic uncertainty, REITs continue to post strong earnings performance, with a substantial majority of REITs that have reported to date beating analyst estimates. Expectations are that in 2023 REITs will post positive NOI growth and stable occupancy across all major commercial real estate (CRE) sectors.
Transactions | Nov 16, 2022 SJP Properties breaks ground on 6.5msf industrial facility on 809 acres in Savannah by Andrea Zander SJP Properties (SJP) has broken ground on the first phase of construction of the Georgia International Commerce Centre.
People | Nov 16, 2022 Delin Property appoints Isaac Núñez as country manager for Spain by Released Delin Property has appointed Isaac Núñez the managing director of Spain to grow its portfolio of assets under management.
Transactions | Nov 16, 2022 Real I.S. sells office property Georgstor in Hamburg to Hines by Released Real I.S. AG has sold the office building Georgstor to the global investor and developer Hines.
Investors | Nov 15, 2022 Haven Realty Capital, J.P. Morgan launch $415m BTR JV by Andrea Zander Haven Realty Capital and institutional investors advised by J.P. Morgan Global Alternatives have formed a programmatic joint venture to acquire and develop more than $1 billion in new build-to-rent (BTR) communities throughout the United States.
Research | Nov 15, 2022 REITs well-positioned for ongoing economic uncertainty by Released REITs’ operations remained strong.
Fundraising | Nov 15, 2022 PATRIZIA launches $1b Japanese multifamily fund by Andrea Zander PATRIZIA has announced a strategic partnership with a major Asian institutional investor to invest up to ¥150 billion (€1.04 billion/$1.08 billion) in Japanese real estate.
Investors | Nov 15, 2022 Allianz and Heimstaden Bostad expand partnership with €650m of new equity by Andrea Zander Allianz Real Estate, on behalf of Allianz companies, and Heimstaden Bostad are injecting SEK 7,000 million (€650 million/$674 million) in new equity into their existing Swedish joint venture, using the proceeds to repay debt.
Transactions | Nov 15, 2022 Goldman Sachs, Lincoln Harris buy life science campus in Raleigh-Durham by Andrea Zander A fund managed by the real estate business within Goldman Sachs Asset Management and Lincoln Harris have acquired a five-building life science campus.
People | Nov 15, 2022 GI Partners to expand data infrastructure strategy into Europe by Andrea Zander Matt Barker has joined GI Data Infrastructure as a managing director based in London to lead digital infrastructure investing in Europe.
Transactions | Nov 15, 2022 REIT sells 180 Wireless Towers to CTI towers by Andrea Zander CTI Towers, an owner and manager of wireless towers, has acquired 180 towers located in 14 states from Uniti Group, a communications infrastructure REIT.
People | Nov 15, 2022 Chinese real estate developer appoints CEO of its U.S. subsidiary to lead the effort to explore green energy sector by Released Green Giant has appointed Junaid Ali as CEO of its wholly owned subsidiary Green Giant to spearhead its effort to explore green energy in the United States.
Transactions | Nov 15, 2022 Madison Realty Capital upsizes loan to $395m for next phase of multi-phase Jersey City development project by Released Madison Realty Capital has upsized its initial loan to a total commitment of $395 million to Manhattan Building Company for a 1,089-unit multiple-phase mixed-use development spanning four buildings in Jersey City, N.J.
Research | Nov 15, 2022 Austin, DC, Raleigh, Denver & Seattle Top RCLCO's Annual Index for STEM Job Growth STEMdex by Released RCLCO Real Estate Consulting has released the results of their 2022 STEM Job Growth Index (STEMdex), which projects which metropolitan areas will have the strongest outlook for growth in STEM jobs.
Transactions | Nov 15, 2022 Artis REIT sells 17 properties for $249m by Andrea Zander Artis REIT has plans to sell 17 properties (Minnesota Industrial Portfolio I) throughout the Twin Cities area in Minnesota.
Transactions | Nov 15, 2022 Gresham House ReSI LP acquires 163 properties in double Stratton Land deal by Released Gresham House Residential Secure Income LP (ReSI LP), a limited partnership investing in U.K. shared ownership, has agreed to fund a duo of housing developments from SME property developer Stratton Land, adding 163 properties in Minehead and Eastry to its portfolio.
Transactions | Nov 15, 2022 Trammell Crow Company acquires fourth site in Spain by Released Trammell Crow Company (TCC) has acquired a 21,360-square-meter (229,917-square-foot) site in Granollers near Barcelona, the fourth site in Spain at which it will deliver a class A logistics asset.
Investors | Nov 14, 2022 CA Ventures establishes dedicated life science practice by Released CA Ventures has launched its life science platform with the appointment of Alessio Tropeano as senior vice president.
Investors | Nov 14, 2022 Weston Homes to invest €571m in U.K. residential market by Andrea Zander Weston Homes has unveiled plans to invest as much as €571 million ($591 million) in strategic land acquisitions during the next five years.
