Transactions | Dec 21, 2022 Piedmont Office Realty Trust sells two Cambridge, Mass., assets by Released Piedmont Office Realty Trust has completed the sales of its two Cambridge, Mass. assets.
Transactions | Dec 21, 2022 SEGRO completes flagship West London co-location industrial scheme SEGRO Park Hayes by Released SEGRO Park Hayes, the 239,665-square-foot urban industrial development in West London, has been completed and is almost fully occupied with only one mid-box-sized unit remaining. Â
Transactions | Dec 21, 2022 Hard Rock completes acquisition of The Mirage Hotel & Casino by Released Hard Rock International (HRI) has received regulatory approval from the Nevada Gaming Commission for its acquisition of The Mirage Hotel & Casino from MGM Resorts International.
People | Dec 21, 2022 Barings boosts European Real Estate team with multiple hires by Released Barings has made several appointments in Germany and the Netherlands in recent months, demonstrating the firm’s ambitions for continued growth across Europe.
Transactions | Dec 20, 2022 Blackstone sells shopping center in Poland for €250m by Andrea Zander NEPI Rockcastle, central and eastern Europe’s largest listed owner, developer and manager of shopping centers by portfolio market value, has acquired the Forum Gdańsk Shopping Center in the northern Polish port city for €250 million ($265 million).
Research | Dec 20, 2022 Asia Pacific real estate investment volumes expected to fall 5% to 10% in 2023 by Released Asia Pacific real estate investment volume is expected to fall 5 percent to 10 percent in 2023, moderating further after a year-on-year decline of 25 percent in 2022. According to JLL, this forecast is due to the tumultuous economic and financing conditions weighing on sentiment.
Transactions | Dec 20, 2022 AXA IM Alts makes first investment into the Spanish healthcare market by Released AXA IM Alts has made its entry into the Spanish healthcare market.
Barings experts discuss risks and opportunities heading into 2023 by Andrea Zander In light of the continued market uncertainty and volatility, Barings’ leading experts discussed the risks and opportunities for commercial real estate debt and equity heading into 2023.
Research | Dec 20, 2022 INREV: Sharp correction for European non-listed real estate performance in Q3 2022 by Released The INREV Quarterly Fund Index has revealed a sharp correction in performance for the European non-listed real estate market in third quarter 2022.
Transactions | Dec 20, 2022 MG Properties acquires $184.6m multifamily deal in San Diego’s Kearny Mesa by Released MG Properties has purchased the multifamily community Domain San Diego in a joint venture with Rockwood Capital for $184.6 million.
Transactions | Dec 20, 2022 Passco Cos. sells Southwest Florida multifamily property for $115m by Released Passco Cos. has sold Longitude 82, a class A+ southwest Florida multifamily property, for $115 million.
Research | Dec 20, 2022 Homebuyers flock to Sun Belt states by Released Nationwide, 24.1 percent of homebuyers looked to move to a different metro during the three months ending in November.
People | Dec 20, 2022 CBRE Investment Management appoints head of asset management logistics Germany by Released CBRE Investment Management (CBRE IM) has appointed Markus Wagenknecht to head of asset management logistics Germany.
Research | Dec 19, 2022 KKR releases 2023 global macro-outlook by Released Investors will likely have an easier time navigating inflation’s negative impact on corporate earnings and consumer balance sheets in 2023 than they did with record high inflation in 2022.
Transactions | Dec 19, 2022 Shorenstein Properties sells campus in Charlotte’s University Research Park by Released Shorenstein Properties has sold the Commons at the Park, at 6800 Solectron Drive, Charlotte, S.C.
Investors | Dec 19, 2022 Landmark Properties expands portfolio into Connecticut with Manulife Investment Management partnership to develop residential apartments by Released Landmark Properties has formed a new build-to-core joint venture with Manulife Investment Management.
Investors | Dec 19, 2022 Illinois Municipal Retirement Fund approves $100m of commitments to latest Oak Street fund by Kali Persall The Illinois Municipal Retirement Fund (IMRF) has greenlighted a commitment of up to $100 million in Oak Street Real Estate Capital Fund VI.
Transactions | Dec 19, 2022 Keppel acquires office tower in Seoul’s CBD for $168m by Andrea Zander Keppel Land, Keppel Asia Macro Trends Fund IV (KAMTF IV) and KB Bank Discretionary Fund have entered into agreements for the proposed acquisition of Samhwan Building, a freehold 15-story office tower located in Seoul at a purchase price of $168 million.
Transactions | Dec 19, 2022 AEW acquires Swiss Life Asset Managers headquarters in Cologne, Germany by Released AEW has agreed to acquire Grand Slam.