Transactions | Mar 8, 2023 Londonmetric sells €38m of long income assets by Released LondonMetric Property Plc has sold seven long-income assets.
Transactions | Mar 8, 2023 BNP Paribas REIM acquires an off-plan residential asset in Paris region on behalf of PFA Pension by Released BNP Paribas Real Estate Investment Management buys 26-34 avenue Pierre Curie in Saint-Cyr-L’Ecole Paris on behalf of Danish investor PFA Pension.
Fundraising | Mar 7, 2023 Australian Unity's Healthcare Property Trust seeks capital to invest in healthcare real estate by Kali Persall Australian Unity's Healthcare Property Trust (AUHPT) has launched a $350 million ($242 million) capital raise to fund acquisitions and developments in Australia’s healthcare real estate sector.
Research | Mar 7, 2023 Industrial sector well-positioned against some near-term headwinds with long-run demand divers firmly in place by Andrea Zander Industrial real estate proved to be one of the most resilient major commercial property types during the health crisis and is positioned for another strong year in 2023.
People | Mar 7, 2023 USS Investment Management selects Alex Turner to lead property portfolio by Kali Persall USS Investment Management has appointed Alex Turner as head of property, overseeing a $5 billion real estate portfolio.
People | Mar 7, 2023 American Realty Advisors names new co-portfolio manager and deputy portfolio manager by Released American Realty Advisors as announced that Martha Shelley will co-lead the firm’s core real estate strategy and Eric Cannon will become the deputy portfolio manager.
Transactions | Mar 7, 2023 MARK and SevenCapital secure €290m for London residential tower by Andrea Zander SevenCapital and pan-European real estate investment manager MARK have received a construction loan for its 100 West Cromwell Road development.
Investors | Mar 7, 2023 New York State Common Retirement Fund places $200m in Artemis Real Estate Partners Fund IV by Kali Persall The New York State Common Retirement Fund (NYSCRF) has committed $200 million to Artemis Real Estate Partners Fund IV, managed by Artemis Real Estate Partners, IREI has learned.
Transactions | Mar 7, 2023 CMCT JV to convert L.A. office building into luxury multifamily by Released CMCT has partnered with Kanden Realty, Taisei Corporation and a third international institutional investor to convert 4750 Wilshire Boulevard.
Research | Mar 7, 2023 Optimizing brick-and-mortar stores to serve AP omnichannel retail by Andrea Zander With ecommerce penetration moderating and the growth in online sales normalizing, consumers are returning to physical retail stores in great numbers, boosting footfall across many markets in Asia Pacific.
Transactions | Mar 7, 2023 SMFL MIRAI Partners, Kenedix and ARA jointly invest in 50% interest in Singapore commercial building through an ARA-managed fund by Andrea Zander SMFL MIRAI Partners Co., a consolidated subsidiary of Sumitomo Mitsui Finance and Leasing Company; Kenedix; and fund manager ARA Asset Management, an ESR company, have jointly invested in a second property in Singapore through an ARA-managed fund.
Research | Mar 7, 2023 Mall visits in February fall compared to January but hover near pre-pandemic levels by Released Mall visits in February were lackluster, according to the latest update to Placer.ai’s Mall Index.
Investors | Mar 6, 2023 Heimstaden Bostad raises capital from Greater Manchester Pension Fund by Released Heimstaden Bostad has raised SEK 3,337 billion ($322 million) in new equity from the Greater Manchester Pension Fund.
Research | Mar 6, 2023 Savills: European office take up above the pre-pandemic average by Released European office take up reached 9.9 million square meters (1.1 billion square feet) in 2022, 2 percent above the pre-pandemic average.
Transactions | Mar 6, 2023 Cedar Pacific, CBRE Investment Management JV completes student accommodation towers in Melbourne by Released The Cedar Pacific Accommodation Trust has completed student accommodation towers in Melbourne CBD.
Investors | Mar 6, 2023 Quincy Retirement System launches RFP for noncore real estate by Kali Persall The Quincy (Mass.) Retirement System is seeking proposals from managers of noncore real estate funds, in which the board is planning to commit around $5 million to $7 million.
Investors | Mar 6, 2023 Newmark facilitates $240m DRA Advisors, Burton Katzman JV by Released Newmark has arranged a $240 million joint venture between sponsor Burton Katzman and DRA Advisors for the recapitalization of 24 infill light industrial properties in the Midwest.
Investors | Mar 6, 2023 AustralianSuper backs build-to-rent projects across the country by Kali Persall AustralianSuper, Australia’s largest superannuation fund, is making an equity investment in several build-to-rent projects in Australia, which are being undertaken by Assemble Futures, a build-to-rent developer and operator.
Research | Mar 6, 2023 REITs fall nearly 5% in February, but are up 5% year-to-date by Loretta Clodfelter U.S. equity REITs total return fell 4.8 percent in February, according to the FTSE Nareit Equity REITs Index. On a year-to-date basis, though, REITs are still in positive territory, up nearly 5.4 percent.
Research | Mar 6, 2023 Strengthening value through ESG: CBRE survey of global property professionals by Andrea Zander A recent CBRE survey of more than 500 commercial real estate professionals worldwide revealed a heightened focus on ESG strategies in 2022.
