Transactions | Aug 26, 2022 Investa Commercial Property Fund acquires prime ACT asset by Andrea Zander Investa Commercial Property Fund (ICPF) has agreed to acquire a 100-percent interest in 220 London Circuit in Canberra, Australia.
Transactions | Aug 26, 2022 Delancey, Columbia buys stake in UK’s largest shopping parks by Andrea Zander Delancey, together with Columbia Threadneedle Investments, has acquired abrdn’s 50 percent stake in Castlepoint Shopping Park, Bournemouth on behalf of client funds.
Transactions | Aug 26, 2022 U.S. firm pays €139m for Polish portfolio by Released Affiliates of Lone Star Funds have acquired a real estate package from Cavatina Holding S.A. for €139 million ($138.7 million).
Transactions | Aug 26, 2022 American Landmark acquires Cabana 99th Apartments in Arizona’s ‘Antique Capital’ by Released American Landmark Apartments has acquired Cabana 99th.
Transactions | Aug 26, 2022 Green Cay Life Plan Village plans $250m senior living community in Florida by Released Green Cay Life Plan Village has plans to develop a $250 million continuing care retirement community.
Transactions | Aug 26, 2022 Paladin Realty JV buys value-added apartment portfolio in Azusa, Calif. by Released A partnership sponsored by Paladin Realty Partners has acquired a portfolio of three 1960s-vintage apartment properties totaling 116 units.
Investors | Aug 26, 2022 Korea's NPS commits to Blackstone’s ESG credit platform by Andrea Zander The National Pension Service (NPS) of South Korea, has committed capital to Blackstone Credit’s Sustainable Resources Platform to enhance the pension fund’s ESG strategies.
Research | Aug 26, 2022 APAC commercial transaction volumes dip in Q2 2022 by Andrea Zander Commercial transaction volumes in Asia Pacific (APAC) fell at a faster clip of 6.7 percent in the second quarter, after rising by 3.5 percent in first quarter 2022.
Transactions | Aug 26, 2022 Pebblebrook Hotel Trust sells San Francisco hotel for $71m by Andrea Zander Pebblebrook Hotel Trust has sold the 236-room Hotel Spero in San Francisco for $71 million.
Fundraising | Aug 26, 2022 Principal Real Estate completes second close for European data center fund by Kali Persall Principal Real Estate has completed the second capital raise for its Principal European Data Centre Fund I, bringing total equity investments to €205 million ($204.6 million).
Fundraising | Aug 25, 2022 Lion Real Estate Group closes latest multifamily real estate fund by Kali Persall Lion Real Estate Group has closed its latest fund.
People | Aug 25, 2022 Minnesota SBI chooses Jill Schurtz as new leader and CIO by Kali Persall The Minnesota State Board of Investment (SBI) has selected Jill Schurtz to serve as the board’s executive director and CIO.
Transactions | Aug 25, 2022 Sentral creates JV to build and operate U.S. multifamily properties by Andrea Zander Sentral and OliverBuchananGroup (OBG), a mixed-use development company, have formed a partnership to develop new urban multifamily communities and mixed-use projects in high-growth U.S. markets.
Research | Aug 25, 2022 DB pension funds in U.K. to increase allocations to real estate finance development by Released Defined benefit (DB) pension funds in the United Kingdom are planning to increase allocations to real estate finance development.
Transactions | Aug 25, 2022 Unibail-Rodamco-Westfield sells Westfield Santa Anita in Southern California for $537.5m by Andrea Zander Unibail-Rodamco-Westfield (URW) has completed the $537.5 million sale of Westfield Santa Anita in Arcadia, Calif., to an established commercial real estate investor that owns other retail assets in Southern California.
Investors | Aug 25, 2022 Sweden’s AP2 battles market turbulence, finds alternative investments fared well by Kali Persall Swedish pension fund Andra AP-fonden (AP2) has reported a total return of –6.2 percent (after costs) in first half 2022. Despite historic financial market turbulence, however, alternative investments still generated positive returns.
Investors | Aug 25, 2022 NorthBridge Partners and Green Bridge Energy announce strategic partnership to advance clean energy infrastructure by Released NorthBridge Partners and Green Bridge Energy have launched NetZero Logistics Inc. (NetZero), a strategic venture to invest in energy transition infrastructure for the logistics real estate sector.
Investors | Aug 25, 2022 ADIA, Landmark Properties announce $2b U.S. student housing JV by Andrea Zander Landmark Properties has formed a new $2 billion build-to-core student housing joint venture with a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA).
People | Aug 25, 2022 LaSalle revamps European research strategy leadership by Released LaSalle Investment Management has announced a series of additions to its European research and strategy leadership team.
Transactions | Aug 25, 2022 JPI, Madera Residential and WayMaker form $1b JV in Dallas area by Andrea Zander JPI has formed a joint venture with Madera Residential and WayMaker on five new developments across the Dallas–Fort Worth metroplex.