Investors | Apr 7, 2023 Texas TRS latest to join Pennybacker VI investor lineup by Kali Persall The Teacher Retirement System (TRS) of Texas has become the latest Texas pension fund to invest in Pennybacker VI, an opportunistic real estate fund managed by Pennybacker Capital.
Fundraising | Apr 7, 2023 Stockdale launches open-ended healthcare fund, makes seed acquisition by Kali Persall Stockdale Capital Partners, a Los Angeles-based, vertically integrated real estate investment firm, has launched a new open-ended healthcare fund and acquired its seed investment.
Investors | Apr 7, 2023 Arkansas Teacher Retirement System weighs $50m commitment to Lone Star Real Estate Fund VII by Kali Persall The Arkansas Teacher Retirement System (ATRS) is considering a follow-on investment of $50 million in Lone Star Real Estate Fund VII, according to a recent investment document.
Investors | Apr 7, 2023 Investment diversification in turbulent times by Jennifer Molloy As bank lending tightens on the heels of numerous interest rate hikes and recent U.S. and Swiss regional bank collapses, refinancing could become a greater issue for real estate investors globally.
Transactions | Apr 7, 2023 Terreno Realty Corp. acquires property in Newark, Calif., for $186m by Released Terreno Realty Corp. acquires property in Newark, Calif., for $186 million.
Investors | Apr 7, 2023 HOMMA Group forms partnership with Diamond Realty Investments by Released HOMMA Group has formed a partnership with Mitsubishi Corporation's real estate investment subsidiary, Diamond Realty Investments.
Research | Apr 7, 2023 Sales prices and asking rents for Tokyo apartments reach historic highs by Jennifer Molloy The average asking sales price for a 70-square-meter (754-square-foot) apartment in Tokyo’s 23 wards (23W) reached a record ¥69.77 million (US$530,057) in February, surpassing the previously recorded high from October 2022, according to data firm Tokyo Kantei, as reported by Japan Property Central.
Transactions | Apr 6, 2023 Helical selected for office JV in London by Kali Persall Helical has been selected by Transport for London’s (TfL) wholly owned commercial property company, TTL Properties, as the preferred investment partner for its commercial office portfolio joint venture.
Transactions | Apr 6, 2023 Elanor Investors Group to acquire Challenger’s Australian real estate funds management business by Released Elanor Investors Group has agreed to acquire 100 percent of Challenger’s A$3.4 billion ($2.3 billion) Australian real estate funds management business (CRE) for a maximum consideration of A$41.8 million ($28 million), and establish a broader strategic partnership between Elanor and Challenger.
Investors | Apr 6, 2023 Landsec moves forward with O2 Centre Masterplan in London by Kali Persall Landsec has received planning permission from Camden Council’s planning committee for its O2 Centre Masterplan, representing the largest planning application in Camden since Kings Cross.
Transactions | Apr 6, 2023 Savills Investment Management sells prime logistics property in Germany by Kali Persall Savills Investment Management has sold a prime logistics property in Germany to Ofi Invest Real Estate, the real estate arm of Ofi Invest, the fifth-largest French asset management group. Financial terms were not disclosed.
Transactions | Apr 6, 2023 KGAL Investment Management acquires sustainable office building in Brussels by Kali Persall KGAL Investment Management has acquired the sustainable Treesquare office building in Brussels from Nextensa, a mixed real estate investor and developer.
Transactions | Apr 6, 2023 Veris Residential sells class A office buildings in New Jersey for $420m by Kali Persall Veris Residential, an environmentally and socially conscious REIT, has sold its Harborside 1, 2 and 3 class A office buildings in Jersey City, N.J., for $420 million.
Research | Apr 6, 2023 DWS analyses how Asian insurers are responding to rising interest rates by Released After more than a decade of ultra-low interest rates, most central banks globally have started to tighten their monetary policy to fight high levels of inflation.
Research | Apr 6, 2023 AEW expects higher interest rates and tighter EPC regulations to trigger residential investment opportunities by Released European residential remains appealing for investors given its defensive characteristics and ability to hedge inflation through income growth, according to AEW.
Fundraising | Apr 6, 2023 Purpose Investments unveils private asset platform, new funds for Canadian investors by Kali Persall has unveiled an innovative private asset platform for alternative investments in Canada.
Investors | Apr 6, 2023 Union Investment, GBI Capital to create high-quality urban ensembles with affordable homes by Released Union Investment and GBI Capital have teamed up to develop affordable housing in urban districts.
Investors | Apr 5, 2023 New York City comptroller lays out net-zero plan for two pension funds by Kali Persall Brad Lander, New York City comptroller, has announced a four-step plan to reach net-zero emissions in two New York pension funds’ investment portfolios by 2040.
Investors | Apr 5, 2023 Safehold enters into JV with sovereign wealth fund by Released Safehold has entered into a joint venture arrangement with a sovereign wealth fund.
Transactions | Apr 5, 2023 Rexford Industrial Realty pays $374m for three industrial properties by Andrea Zander Rexford Industrial Realty has acquired three industrial properties for an aggregate purchase price of $357.2 million.
