Research | Nov 29, 2022 M&G’s 2023 Global Real Estate Outlook report highlights continuing opportunities despite fundamental shifts in economic backdrop by Andrea Zander Despite property yields under increasing pressure globally in the wake of rising interest rates and evident investor risk aversion, much of the real estate market is offering prospects for income and growth, according to M&G’s end-of-year Global Real Estate Outlook report.
Investors | Nov 29, 2022 Gulf International Bank (U.K.) Limited Pension Scheme enlists Aon to provide investment advisory services by Kali Persall The £150 million ($180 million) Gulf International Bank (U.K.) Limited Pension Scheme has appointed Aon to provide investment advisory services, following a competitive tender process.
Transactions | Nov 29, 2022 Boston Properties sells trophy Northern Virginia multi-housing community trades for $141m by Released Boston Properties has sold The Avant, a 359-unit, trophy multi-housing community located in Reston, Va., for $141 million.
Research | Nov 29, 2022 European office buildings with sustainability certifications command 6% rental premium by Andrea Zander Office buildings that meet environmental, social and governance (ESG) standards command higher average rents.
Transactions | Nov 29, 2022 Aviva invests €92.7m in U.K. social housing by Andrea Zander Aviva Investors has completed a €92.7 million ($96.2 million) placement in Cross Keys Homes (CKH), a social housing association based in Peterborough, Cambridgeshire.
Transactions | Nov 29, 2022 NVELOP develops second German logistics site for Ivanhoé Cambridge by Andrea Zander Ivanhoé Cambridge has plans for a second German logistics project development in partnership with the logistics real estate specialist NVELOP.
Transactions | Nov 29, 2022 INDUS Realty Trust receives unsolicited, non-binding acquisition proposal by Andrea Zander INDUS Realty Trust, a U.S. based industrial/logistics REIT, announced it received on November 27, 2022, an unsolicited, non-binding proposal from Centerbridge Partners.
Fundraising | Nov 29, 2022 LendInvest prepares to bring new open-ended fund to market by Kali Persall LendInvest, a property lending and investing platform in the United Kingdom, is bringing a new open-ended fund to market and has already secured more than £200 million ($240 million) of capital from investors.
People | Nov 29, 2022 Apollo Global Management appoints Connecticut treasurer Shawn Wooden to newly created role by Kali Persall Apollo Global Management has appointed Connecticut state treasurer Shawn Wooden to the newly created role of partner and chief public pension strategist for the firm’s institutional client and product solutions group (ICPS).
Investors | Nov 29, 2022 Hyatt Hotels Corp. to purchase Dream Hotel Group’s lifestyle platform by Released Hyatt Hotels Corp. has acquired Dream Hotel Group’s lifestyle hotel brand and management platform.
Investors | Nov 29, 2022 Rising interest rates drive demand for rental housing by Loretta Clodfelter Rising interest rates have had a significant impact on real estate this year, with higher home mortgage rates likely to shift demand toward rental housing.
People | Nov 28, 2022 Logicor announces changes to leadership in Europe by Released Logicor has announced changes to the leadership of its business in Central and Eastern Europe.
Investors | Nov 28, 2022 NREP makes first real estate investment in Germany, plans to invest €500m by Andrea Zander NREP has made its first real estate investment in Germany by establishing a team of eight initial employees.
Transactions | Nov 28, 2022 Barings enters APAC market by Released Barings has expanded its real estate debt activities to Asia Pacific with three new loans in ¬-Australia and New Zealand, worth more than A$ 320.4 million ($216.2 million).
Investors | Nov 28, 2022 AXA IM Alts, SGCH and NHFIC announce strategic partnership to deliver affordable homes in Australia by Andrea Zander AXA IM Alts, on behalf of clients for affordable rental housing, has launched its new Australian build-to-rent strategy.
Research | Nov 28, 2022 AEW forecasts UK to be most attractive in 2023 European outlook as recession looms, debt re-financing issues return by Andrea Zander AEW has released its European Annual Outlook for 2023, which examines how investors can position themselves for the significant political, economic and financial disruptions that are changing the landscape for real estate investment, as the long post-Global Financial Crisis (GFC) cycle comes to an end.
Transactions | Nov 28, 2022 Hines, aparto finish first Spanish student resident in Barcelona by Andrea Zander aparto, the student housing platform owned by Hines, has opened its first student residence in Spain.
Transactions | Nov 28, 2022 Landmark Properties to develop third project in Berkeley, Calif. by Released Landmark Properties has announced its third project in the Berkeley, Calif., market.
Transactions | Nov 28, 2022 Worldwide Hotels buys hotel in Bangkok by Andrea Zander Worldwide Hotels (WWH) has purchased Oakwood Studios Sukhumvit Bangkok Hotel, a newly built 177-key hotel.
Investors | Nov 28, 2022 Cbus Super pledges $337m for affordable housing buildout in Australia by Kali Persall Cbus Super is planning to commit up to A$500 million ($337 million) throughout five years to support the construction of new social, affordable homes through the Housing Australia Future Fund (HAFF), as part of the National Housing Accord.
