Transactions | Sep 19, 2024 King Street, Bowery's Voyage platform expands across European last-mile logistics markets by Released Voyage, the last-mile logistics platform launched by King Street Capital Management and Bowery, has expanded to 2 million square feet across Germany, France and the Netherlands.
Research | Sep 18, 2024 Fed cuts key interest rate by 50bps by Loretta Clodfelter The Federal Open Market Committee approved a cut of 50 basis points in the target federal funds rate — to a new range of 4.75 percent to 5.0 percent — at its meeting in September, citing an “uncertain” economic outlook, as it moves to balance its goals of high employment and low inflation.
People | Sep 18, 2024 Canyon Partners expands global footprint with senior hire in EMEA by Released Ricard Janson has joined Canyon Partners as senior vice president in the EMEA capital formation group.
Research | Sep 18, 2024 Consumer demand for experiences to shape the future of urban spaces by Released As the rapid growth of cities and the urban middle class gives rise to a new “experience economy,” JLL’s 2024 Global Consumer Experience Survey finds consumers are increasingly seeking higher-quality experiences from the built environment – ones that combine human-centric design with spaces that foster a strong sense of community, belonging and connection.
Transactions | Sep 18, 2024 Ramsfield, Ab Carval and Affinius provide $230m loan for acquisition of Thompson Central Park luxury hotel in NYC by Released Ramsfield Hospitality Finance (RHF), funds managed by AB CarVal, and Affinius Capital has closed a $230 million loan for the luxury Thompson Central Park New York hotel.
Investors | Sep 18, 2024 PGIM Real Estate, M7 Real Estate launch €100m value-add German industrial, logistics JV by Andrea Zander PGIM Real Estate and M7 Real Estate have launched a €100 million ($111 million) joint venture to invest in value-added industrial and logistics assets in Germany.
Transactions | Sep 18, 2024 BC Partners Real Estate, Hova Hospitality buy portfolio of 30 hotels in Germany by Released BC Partners Real Estate and Hova Hospitality have announced the acquisition of a portfolio of 30 hotels in Germany, in partnership with B&B HOTELS.
Transactions | Sep 18, 2024 Hines acquires 298-bed purpose-built student accommodation asset in Dublin by Released Hines has acquired Scape Dublin.
Investors | Sep 18, 2024 Andrew Thornton, former Principal Real Estate Europe head, sets up new real estate venture by Released Real estate investment management veteran Andrew Thornton has formed Enterprise Land, a real estate investment company that will operate in the United Kingdom and Europe.
People | Sep 18, 2024 Jacques Gordon named new director of the Graaskamp Center for Real Estate by Released The Wisconsin School of Business at the University of Wisconsin-Madison has appointed Jacques Gordon as the new director of the Graaskamp Center for Real Estate.
Fundraising | Sep 18, 2024 BGO announces €2b fundraise for fourth European value-added strategy by Andrea Zander BGO has raised €2 billion ($2.2 billion) for its European investment program through its fourth European Value-Add Strategy.
Transactions | Sep 17, 2024 Tishman Speyer buys logistics sites in Duesseldorf, Germany by Released Tishman Speyer and May & Co. have signed a binding purchase agreement for two last-mile logistics sites in the Düsseldorf industrial market by way of an off-market transaction.
Transactions | Sep 17, 2024 Union Investment sells retail property in New York by Released Union Investment has sold the 636 Sixth Avenue retail property in the Flatiron District of Manhattan
Transactions | Sep 17, 2024 Patron Capital, Q21 Real Estate to invest €340m to develop new sustainable projects in Spain by Andrea Zander Q21 Real Estate and Patron Capital will invest more than €340 million ($379 million) to deliver the new sustainable projects.
Transactions | Sep 17, 2024 Cabot Properties makes first acquisition in Sydney by Released Cabot Properties has acquired 42-52 Raymond Avenue, Matraville, located in Sydney.