Transactions | Dec 5, 2022 AXA IM Alts makes first investment in Japanese care-home market with €156m portfolio acquisition by Andrea Zander AXA IM Alts has acquired a portfolio of 15 nursing homes, located across Tokyo, Osaka and Aichi, Japan, for €156 million ($164 million), including acquisition costs. The transaction is AXA IM Alts first in the sector in Japan, and has been made on behalf of AXA IM Alts clients.
Investors | Dec 5, 2022 Iowa Public Employees’ Retirement System eyes $400m of private real asset investments in 2023 by Kali Persall The Iowa Public Employees’ Retirement System (IPERS) has unveiled plans to make $400 million in private real asset investments in 2023.
Investors | Dec 5, 2022 Texas County & District Retirement System re-ups in FCP Realty Fund VI by Kali Persall Texas County & District Retirement System (TCDRS) has unveiled a $75 million commitment to FCP Realty Fund VI-B.
Transactions | Dec 5, 2022 Liv Communities sells $255m four-property, seniors housing portfolio by Andrea Zander Liv Communities has sold, LivGenerations, a four-property, class A, seniors housing portfolio in Phoenix for $255 million.
People | Dec 5, 2022 CareSuper selects new CEO to join in March 2023 by Kali Persall Michael Dundon, an experienced superannuation fund executive, has been named CEO of CareSuper, an Australian industry superannuation fund.
Transactions | Dec 5, 2022 Patron Capital Curation Capital JV makes third student acquisition, buys PBSA development in London by Released Patron Capital has made a third acquisition on behalf of its joint venture with Curation Capital, acquiring Francis Gardner, a 70-bed development in London.
Transactions | Dec 5, 2022 Savills Investment Management agreed to acquire Brisbane office property for Pan-Asian flagship strategy by Released Savills Investment Management has agreed to acquire HQ South.
Transactions | Dec 5, 2022 STACK Infrastructure, ESR Group to deliver 72MW data center in Japan by Kali Persall STACK Infrastructure, a global developer and operator of data centers, has formed a joint venture with ESR Group and its subsidiaries to develop a 72-megawatt data center campus in Osaka, Japan.
Investors | Dec 5, 2022 SVN | SFR Capital Management forms JV with Marketplace Homes by Andrea Zander SVN | SFR Capital Management has entered into a joint-venture agreement to acquire, own and operate rental homes with Marketplace Homes.
Transactions | Dec 5, 2022 HESTA, Mercy Super complete merger in Australia by Kali Persall Australia’s HESTA and Mercy Super completed a merger on Dec. 1.
Investors | Dec 5, 2022 New technology can support office leasing efforts by Loretta Clodfelter The office market is facing significant headwinds from the trend toward work-from-home and hybrid work schedules. This has led to a competitive office leasing environment, though new technology offerings are helping office landlords with their leasing efforts.
Research | Dec 5, 2022 REITs rise 5.8% in November by Loretta Clodfelter REITs rose nearly 5.8 percent in November, according to the FTSE Nareit Equity REITs Index, for the second consecutive month of gains.
Transactions | Dec 5, 2022 Luxury REIT pays $268m for Four Seasons Resort Scottsdale at Troon North by Andrea Zander Braemar Hotels & Resorts, a REIT focused on investing in luxury hotels and resorts, has paid $267.8 million for the luxury, 210-room Four Seasons Resort Scottsdale at Troon North in North Scottsdale, Ariz.
Fundraising | Dec 2, 2022 Bell Value-Add Fund VIII raises $190m toward $850m fundraising goal by Kali Persall Bell Value-Add Fund VIII has secured $190 million of commitments against a $850 million target.
Transactions | Dec 2, 2022 Plans unveiled for $3b mixed-use experience community in Frisco, Texas by Andrea Zander The plans and name for a $3 billion, 112-acre progressive, mixed-experience community built around a vibrant central park – The Mix – have been announced.
Research | Dec 2, 2022 Asia Pacific pivots away from global economic downturn, poised to weather challenges through 2023 by Released Asia Pacific is set to remain the world's fastest-growing region, despite ongoing stressors exacerbated by the Russia-Ukraine conflict and global financial volatility.
Research | Dec 2, 2022 Most Hong Kong investors switch gears as inflation soars by Released As inflation and interest rates rise, most Hong Kong investors have changed or are planning to change their investment strategies.
Research | Dec 2, 2022 European warehouses are getting bigger as occupier requirements continue to evolve by Andrea Zander The average unit size of European logistics lettings has increased more than 60 percent since 2011, according to CBRE.
Research | Dec 2, 2022 Labor markets add 263,000 jobs in November by Loretta Clodfelter Labor markets continue to show strength.
Transactions | Dec 2, 2022 Wynn completes $1.7b Encore Boston Harbor Land and real estate sale leaseback transaction by Andrea Zander Wynn Resorts has completed the sale of the land and real estate assets of Encore Boston Harbor to Realty Income Corp. for $1.7 billion in cash.
