Research | Jan 23, 2023 Multifamily values will recover by year’s end by Released U.S. multifamily investments will remain strong in 2023, according to CP Capital US, a multifamily investment manager focused on the multifamily sector.Â
Transactions | Jan 23, 2023 Aviva Investors acquires 2nd development under Spanish BtR platform with Layetana Living by Released Aviva Investors has acquired a second development as part of its build-to-rent (BtR) platform in Spain, in partnership with Layetana Living, a Spanish developer.
Research | Jan 20, 2023 Canadian pension funds fall short on climate investment policies, report finds by Kali Persall Canada’s major pension funds are not prepared to protect their beneficiaries from the worsening climate crisis, according to the inaugural Canadian Pension Climate Report Card, released by Shift Action for Pension Wealth and Planet Health.
Fundraising | Jan 20, 2023 Real estate financing fund converts to evergreen vehicle, anticipates €100m of new commitments by Kali Persall FAP Group has converted the FAP Balanced Real Estate Financing I (FAP BREF I) from a closed-end fund into an open-ended, evergreen vehicle.
People | Jan 20, 2023 Schroders Capital appoints new head of real estate for France by Released Schroders Capital has appointed Hideki Kurata as head of real estate for France and director of residential strategies.
Investors | Jan 20, 2023 KKR REIT caps redemptions by Andrea Zander The $1.6 billion KKR Real Estate Select Trust (KREST) has plans to limit redemptions from its investors.
Research | Jan 20, 2023 Housing sector awaits improvement in affordability; modest recession still expected by Released Despite ending the year on a stronger-than-anticipated footing, the economy is still expected to slip into a modest recession beginning in the first half of 2023.
Research | Jan 20, 2023 European investors plan to decrease allocations to real estate by Andrea Zander Almost one quarter of all investors plan to decrease their allocations to real estate globally between 2023 and 2024.
People | Jan 20, 2023 CBRE Investment Management appoints retail property platform lead EMEA by Released CBRE Investment Management (CBRE IM) has appointed Antonio Tarroc to retail property platform lead EMEA.
Transactions | Jan 20, 2023 Nuveen Global Cities REIT acquires first direct European property by Released Nuveen Global Cities REIT has closed on the acquisition of a four-property residential portfolio consisting of 84 rental units, located in Copenhagen, for an aggregate purchase price of about $34 million.
Transactions | Jan 20, 2023 Legal & General and Cala Home invest in new residential JV by Andrea Zander Legal & General’s Suburban Build-to-Rent business and Cala Homes have agreed to an exchange of 107 homes at Buckler’s Park, Crowthorne, in Southeast England.
Research | Jan 20, 2023 JLL Q4 Office Outlook report: The office is more ‘back‘ than you think by Andrea Zander The fourth quarter brought some relief from mounting macroeconomic challenges as inflationary pressures wane, but office tenants remain cautious as they adjust to rising costs of capital and falling valuations.
Transactions | Jan 20, 2023 Japan’s Aeon REIT buys two malls for $170m by Andrea Zander Japan-based AEON REIT has acquired two malls in Japan for $170 million
Transactions | Jan 19, 2023 Harrison Street breaks ground on 303-unit multifamily property in Calgary by Released Harrison Street has broken ground on Block 15, a 303-unit multifamily property housing young professionals and students in Calgary, Alberta.
Investors | Jan 19, 2023 German pension fund builds out risk management system for global real estate by Kali Persall The Bavarian Pension Fund (BVK), Germany’s largest public-sector pension group, has enlisted the advisory help of INTREAL Solutions.
Investors | Jan 19, 2023 Octopus Investments seeks up to $370m for affordable housing strategy by Kali Persall Octopus Investments has launched an affordable housing strategy for institutional investors.
Investors | Jan 19, 2023 Wisconsin Retirement System’s core fund outperforms benchmarks by Kali Persall A core fund managed by the $123 billion Wisconsin Retirement System (WRS) ended 2022 with a preliminary one-year net return of –12.92 percent and a preliminary five-year net return of 6.16 percent, according to a report from the State of Wisconsin Investment Board (SWIB).
Research | Jan 19, 2023 Most Asia Pacific retailers expect increased sales and plan for store expansion in 2023 by Andrea Zander The Asia Pacific retail sector is on track for a full recovery in 2023, with most retailers in the region expecting increased sales, while planning to open new stores this year.
Research | Jan 19, 2023 Singapore, Hong Kong rank among world’s top data center markets by Andrea Zander Singapore and Hong Kong have re-confirmed their reputation as top data center markets globally in Cushman & Wakefield’s annual Global Data Centre Market Comparison report.
People | Jan 19, 2023 Beverley Kilbride appointed as LaSalle’s COO, Europe by Released LaSalle Investment Management has appointed Beverley Kilbride to the role of COO, Europe.