Transactions | Jul 28, 2022 Tristan fund, in partnership with Timeless Investments, debuts in Netherlands office sector by Andrea Zander Tristan Capital Partners’ EPISO 6 Fund, with its local partner Timeless Investments, has acquired the Siemens Netherlands headquarters located at Prinses Beatrixlaan in The Hague, Netherlands.
Investors | Jul 28, 2022 Legal & General launches suburban co-working product by Andrea Zander Legal & General Investment Management Real Assets (LGIM Real Assets) has launched FOUNDRY, its suburban co-working product to boost local employment and workspaces.
Transactions | Jul 28, 2022 KanAm Grund clears key hurdle for first redevelopment project in City of London by Released Frankfurt, Germany-based KanAm Grund Group has secured a resolution to grant planning consent from the City of London for its first redevelopment project.
Transactions | Jul 28, 2022 Intercontinental, Kennedy Wilson make first JV acquisition in Stockton, Calif. by Andrea Zander Intercontinental Real Estate Corp. in joint venture with Kennedy Wilson has acquired Stockton Industrial Park.
Investors | Jul 28, 2022 ESR-Logos REIT to sell noncore assets by Andrea Zander The manager of ESR-Logos REIT (E-LOG) has plans to sell its noncore assets.
Investors | Jul 27, 2022 StepStone Group invests $300m in ACRE by Kali Persall StepStone Group has committed $300 million of capital to global real estate private equity firm ACRE as part of a new strategic partnership.
Fundraising | Jul 27, 2022 South Street Partners closes inaugural luxury resort and residential fund by Kali Persall South Street Partners has completed the final close of its inaugural discretionary commingled fund, SSP GP Fund I.
Fundraising | Jul 27, 2022 SC Capital Partners seeks $1b for new Pan-Asia Pacific real estate investment vehicle by Kali Persall SC Capital Partners has launched a new investment vehicle, Real Estate Capital Asia Partners (RECAP VI, with a target size of $1 billion, according to a recent SEC filing.
Transactions | Jul 27, 2022 N.Y. state multifamily community sells for $306m by Andrea Zander Affiliates of Harbor Group International and Azure Partners have formed a joint venture for the $306 million acquisition of Avalon Green, a garden-style multifamily community in Elmsford, N.Y.
Investors | Jul 27, 2022 Ventura County Employees approves $40m commitment to Torchlight Debt Fund VIII by Kali Persall Ventura County (Calif.) Employees’ Retirement Association has slated $40 million for a debt fund launched by Torchlight Investors.
Transactions | Jul 27, 2022 American Landmark enters Arizona market by Released American Landmark Apartments has acquired Tempe Metro, a 408-unit apartment community located in Tempe, Ariz., within the Phoenix metropolitan area.
Research | Jul 27, 2022 Global Real Estate market grows 8.5%, led by U.S. property value rally by Andrea Zander The global real estate market grew by 8.5 percent in 2021, up to $11.4 trillion from $10.5 trillion in 2020, according to the MSCI Real Estate Market Size report.
Transactions | Jul 27, 2022 ESR Group acquires further 25% stake in ESR-LOGOS REIT manager as well as additional REIT units by Released ESR Group Limited and its subsidiaries (ESR) have completed the acquisition of 654,546 shares in ESR-LOGOS Funds Management (S) Limited, the manager of ESR-LOGOS REIT (E-LOG Manager) from Tong Jinquan (held via his wholly-owned subsidiary, Shanghai Summit Pte. Ltd.).
Research | Jul 27, 2022 European healthcare investment market continues trajectory of robust growth by Andrea Zander The European healthcare investment market is seeing continued growth with €9 billion ($9.1 billion) of transactions last year, up 17.4 percent since 2020, as investors capitalize on the persistent demand for quality healthcare property underpinned by the fundamentals of the elderly care market, according to Knight Frank.
Transactions | Jul 27, 2022 Barings acquires eight U.K. prime logistics assets for €278m by Andrea Zander Barings has agreed to acquire eight prime logistics assets from NFU Mutual for £234 million (€278 million/$282 million).
Investors | Jul 27, 2022 Pillarstone Capital REIT to grow as multi- and single-family rental REIT by Andrea Zander Maryland-based Pillarstone Capital REIT has plans to become a self-directed, self-managed multi- and single-family rental real estate company.
Transactions | Jul 27, 2022 Hines Global Income Trust acquires boutique office building in Houston by Andrea Zander Hines, a global real estate firm, announced that Hines Global Income Trust (HGIT) has acquired 200 Park Place in Houston for $145 million.
Fundraising | Jul 27, 2022 EXCLUSIVE: Eagle Rock Properties launches Eagle Rock Multifamily Income & Value Fund II by Andrea Zander Eagle Rock Properties (ERP) has launched Eagle Rock Multifamily Income & Value Fund II (ERIV II) with $425 million in equity commitments inclusive of a $300 million re-up from one of the largest U.S.-based endowments.
Investors | Jul 27, 2022 Connecticut proposes $300m commitment to mandate managed by GCM Grosvenor by Kali Persall Connecticut Treasurer Shawn Wooden is considering a commitment of up to $300 million to a custom fund of a mandate managed by GCM Grosvenor, Gabriella Martin, Esq., director of public affairs for the Office of the Treasurer, confirmed in an email.
Fundraising | Jul 26, 2022 JB Capital joins with Taylor Street for new real estate lending fund by Kali Persall JB Capital, an alternative credit manager investing in areas of the market underserved by traditional banks, has partnered with Taylor Street for JB Capital’s Real Estate Lending Income Fund.
