Fundraising | Apr 17, 2023 Gateway Capital joins Cadillac Fairview to launch $671m logistics fund in Australia by Kali Persall Gateway Capital, an investment manager focused on creating core assets in the industrial, logistics and office sectors, and Canada’s Cadillac Fairview have joined to launch a A$1 billion ($671 million) real estate fund focused on urban industrial and logistics markets in Australia.
Investors | Apr 17, 2023 Morning Calm Management launches $500m office JV by Kali Persall Morning Calm Management, a vertically integrated real estate management firm with a focus on special-situation investing, has formed a $500 million joint venture with a leading global investment manager.
Transactions | Apr 17, 2023 Accolade pays €115m for Polish industrial park by Kali Persall Accolade, an international investor in industrial real estate, has secured new investment in Lublin voivodeship, Poland for €115 million ($126 million).
Transactions | Apr 17, 2023 AXA IM Alts snaps up Hotel Sofia in Barcelona by Kali Persall AXA IM Alts has acquired the Hotel Sofia in Barcelona from Selenta Group, Brookfield’s Spanish hospitality platform.
People | Apr 17, 2023 M&G Real Estate hires global head of real estate investor relations by Kali Persall M&G Real Estate has appointed Robin Hubbard as global head of real estate investor relations and investment specialists.
Fundraising | Apr 17, 2023 Aukera Real Estate secures €150m for “super-senior” real estate debt strategy by Kali Persall Aukera Real Estate has secured a new €150 million ($165 million) mandate from a German insurance company for the new “super-senior” real estate debt strategy it advises.
Investors | Apr 17, 2023 Apollo opens new office in London by Kali Persall Apollo has opened a new office in London to strengthen its presence in Europe.
Investors | Apr 17, 2023 IHG Hotels & Resorts opens two luxury hotels in Rome by Kali Persall IHG Hotels & Resorts has opened two new luxury hotels in Rome — InterContinental Rome Ambasciatori Palace and Six Senses Rome, according to multiple news reports.
People | Apr 17, 2023 Princeton Digital Group appoints Matthias Vukovich to CIO by Kali Persall Matthias Vukovich has been appointed CIO at Princeton Digital Group (PDG), a major data center provider in Asia.
Research | Apr 17, 2023 Global macro outlook suggests increased volatility and pockets of economic weakness by Loretta Clodfelter Investors should be prepared for increased volatility, and the global macroeconomic situation is likely to worsen, according to the second quarter global macro outlook from Manulife Investment Management.
Transactions | Apr 14, 2023 Colliers acquires majority stake in New Zealand advisory firm by Kali Persall Colliers has acquired a controlling interest in Greenstone Group, a project management and property advisory firm in New Zealand. Financial terms of the transaction were not disclosed.
Transactions | Apr 14, 2023 Blackstone moves forward with $639m takeover of Industrials REIT by Kali Persall Industrials REIT has agreed to terms of a takeover from Blackstone, which would value the London-based REIT at £511 million ($639 million).
Investors | Apr 14, 2023 Alaska Permanent Fund Corp. unveils slew of real estate investments by Kali Persall The $76 billion Alaska Permanent Fund Corp. (APFC) has unveiled a series of real estate investment actions for the quarter ending March 31.
Investors | Apr 14, 2023 A review of risks facing U.S. commercial real estate and banks by Jennifer Molloy Although financial markets have calmed since recent banking woes, market participants are concerned about other potential pressures. Commercial real estate relies heavily on small and midsize banks for financing — the most stressed financial institutions.
Investors | Apr 14, 2023 New Mexico Educational Retirement Board funnels $235m into four real estate funds by Kali Persall The New Mexico Educational Retirement Board (NMERB) has greenlighted $235 million of commitments to four U.S. real estate funds.
People | Apr 14, 2023 Trei Real Estate builds out ESG strategy with new leadership appointment by Kali Persall Trei Real Estate, an international developer and asset manager for residential and retail real estate, has appointed Ivonne Mundil as its new head of sustainability and ESG.
Transactions | Apr 14, 2023 CBRE Investment Management snaps up residential asset in Sweden by Kali Persall CBRE Investment Management (CBRE IM) has acquired a residential asset southeast of Stockholm, on behalf of a fund sponsored by the firm. The seller was Aros Bostadsutveckling AB publ.
Research | Apr 14, 2023 Data center sector supported by growth in technology industry by Loretta Clodfelter New technologies are driving demand for digital infrastructure, and the data center industry is poised to benefit, according to JLL’s Data Centers 2023 Global Outlook.
Research | Apr 14, 2023 America’s food-and-beverage appetites have returned by Mike Consol Demand is returning to the food and beverage business, even as restaurants battle rising costs and staffing shortages and customers are placing primacy on fun and novel experiences and entertainment when they go dining.
Transactions | Apr 14, 2023 GI Partners acquires Los Angeles property on behalf of its Essential Tech + Science Fund by Kali Persall GI Partners has acquired a property located at 12800 Culver Blvd. in Los Angeles on behalf of its Essential Tech + Science Fund (ETS Fund).