Investors | Sep 20, 2022 Bridge Investment Group forms office JV with Grosvenor by Andrea Zander Bridge Investment Group Holdings has signed a definitive agreement to form a joint venture with Grosvenor.
People | Sep 20, 2022 DRC Savills IM hires Steve Willingham to drive growth in Asia by Released DRC Savills Investment Management has hired Steve Willingham as head of Asia.
Transactions | Sep 20, 2022 HPP and Machine Investment Group JV makes first transaction by Released HPP Real Estate, a division of Hill Property Partners, has closed on the recapitalization of North Hill Apartments, a 148-unit multifamily rental property located in Virginia Beach, Va., just one year after purchasing the asset.
Investors | Sep 19, 2022 Blackstone Real Estate Partners X picks up North Carolina Retirement Systems as an investor by Kali Persall Blackstone Real Estate Partners X (BREP X), the latest in Blackstone’s series of global flagship real estate funds, has added another U.S. pension fund to its growing investor base.
Transactions | Sep 19, 2022 Union Investment acquires Dublin residential development by Released Union Investment has acquired Newtown Gardens, a development in Blackrock, in Dublin’s south suburbs.
Transactions | Sep 19, 2022 LPC West, Intercontinental close on future life sciences building in Seattle by Released LPC West has partnered with Intercontinental Real Estate Corporation to close on a future nine-story office building near Seattle’s Space Needle.
Investors | Sep 19, 2022 Alaska Permanent Fund Corp. discloses $400m of real estate commitments by Kali Persall The Alaska Permanent Fund Corp. (APFC) has unveiled $400 million of new real estate commitments for the quarter ending June 30.
Investors | Sep 19, 2022 Capital Square launches private equity group to focus on build-for-rent, other non-traditional RE investments by Released Capital Square has launched its private equity group.
Transactions | Sep 19, 2022 ESR to develop South Korea’s first hydrogen-powered fulfilment by Andrea Zander ESR Group Limited, through its subsidiary Kendall Square Asset Management, has signed a memorandum of understanding (MOU) with SK Plug Hyverse (SKPH) and Coupang Fulfilment Services (CFS) for the development and operations of South Korea’s first eco-friendly, hydrogen-powered fulfilment center.
Fundraising | Sep 19, 2022 VanWest Partners brings third self-storage fund to market by Kali Persall VanWest Partners has launched its third fund.
Transactions | Sep 19, 2022 Thompson Thrift to develop $225m mixed-use project in Gilbert, Ariz. by Released Thompson Thrift has acquired a 35-acre parcel in the Phoenix suburb of Gilbert, Ariz.
Transactions | Sep 19, 2022 Fortis Property Group closes $1b refinancing for One Lincoln in Boston by Released Fortis Property Group announced the closing of a $1 billion-plus refinancing of One Lincoln in Boston.
Research | Sep 16, 2022 PGIM Real Estate releases its quarterly insights report by Andrea Zander As most real estate markets are in or heading for a downturn, all eyes are focused on the capital markets, according to PGIM Real Estate in its quarterly insights report for the third quarter.
Investors | Sep 16, 2022 Connecticut sets sights on Artemis, IPI funds, commits $300m to mandate managed by GCM Grosvenor by Kali Persall The Connecticut Retirement Plans and Trust Funds (CRPTF) is eyeing several potential real estate investment opportunities on behalf of its real-assets allocation.
People | Sep 16, 2022 New Hampshire Retirement System brings on Raynald Leveque as new CIO by Kali Persall The New Hampshire Retirement System (NHRS) has appointed Raynald Leveque to serve as its new CIO, effective Oct. 1.
Transactions | Sep 16, 2022 Lovett Industrial, Cresset Partners break ground on 1.2msf logistics center near Houston by Released Lovett Industrial and Cresset Partners have broken ground on NorthPort Logistics Center.
Transactions | Sep 16, 2022 Invesco Real Estate JV sells newly completed Dallas-Fort Worth industrial building by Released A joint venture between Invesco Real Estate and Perot Development Co. has sold DFW Park 161 AMZL in Irving, Texas.
Transactions | Sep 16, 2022 Barings forward funds core logistics asset in northwest England by Released Barings, on behalf of its Pan-European logistics joint venture (PELV), has completed a deal to forward-fund a class A logistics asset in Omega Business Park, in northwest England, United Kingdom.
Transactions | Sep 16, 2022 JLL secures $133.6m financing for Nashville multi-housing development for Ascend JV by Released A joint venture of Ascend Real Estate Group and Wanxiang America Real Estate Group, 19th Church Street, has plans to develop a class A, 383-unit multi-housing development at 1815 Church St. in Nashville’s Midtown neighborhood.
Research | Sep 16, 2022 Global real estate returns decelerated amid rising inflation and interest rates by Released Global real estate returns decelerated to 2.9 percent quarter-on-quarter in local-currency terms in the three months ending June 2022 amid rising inflation and interest rates in most key markets.
