Transactions | Aug 15, 2023 CBRE appointed to sell U.K. cinema portfolio by Released CBRE has been appointed to sell a portfolio of eight cinemas comprising two luxury boutique Tivoli cinemas, five multiplex cinemas and one classic stand-alone cinema.
Transactions | Aug 15, 2023 Bell Core Fund I acquires multifamily community in Raleigh, NC by Released Bell Partners has acquired Vintage Jones Franklin.
Transactions | Aug 15, 2023 Blue Vista completes 11 self-storage, industrial and BTR transactions by Released Blue Vista Capital Management has acquired 11 self-storage, industrial/flex and build-to-rent (BTR) properties across six U.S. states.
Transactions | Aug 15, 2023 JLL arranges $233m for 569-unit Brooklyn development by Released JLL Capital Markets has secured $233 million in construction financing for the ground-up development of 54 Crown.
Investors | Aug 15, 2023 MSCI announces acquisition of Burgiss, expanding private assets leadership and strengthening multi-asset class offering by Released MSCI has entered into a definitive agreement to acquire the remaining 66 percent of The Burgiss Group for $697 million.
Transactions | Aug 15, 2023 Loci Capital leads preferred equity investments in 21-asset portfolio by Released Funds controlled by Loci Fund II GP, an affiliate of Loci Capital Group, a private real estate fund manager, completed a preferred equity investment for the acquisition & recapitalization of a 21-asset retail and commercial net lease portfolio.
Transactions | Aug 15, 2023 Valor agrees acquisition of Tera 40 industrial estate in Greenford, West London for €170m by Released Valor Real Estate Partners has agreed to terms for the acquisition of the Tera 40 industrial estate.
Transactions | Aug 15, 2023 Atlantic Pacific Cos. forms development JV with GTIS Partners by Andrea Zander Atlantic Pacific Cos. nd GTIS Partners have formed a joint venture to invest in the ongoing development of Atlantic Station.
Transactions | Aug 15, 2023 Stonewater secures €233m from Lloyds Bank to invest in homes by Released Stonewater, which owns and manages around 36,000 homes for more than 78,000 customers, predominantly across central and the south of England, has refinanced its existing £125 million (€146 million/$159 million) facility and increased it by £75 million (€87 million/$96 million).
Fundraising | Aug 15, 2023 Corebridge Real Estate Investors raises $1b for value-add real estate fund by Andrea Zander Corebridge Real Estate Investors has held a final closing of its U.S. Real Estate Fund IV.
Investors | Aug 15, 2023 Envision Cold received $500m from an institutional investor by Andrea Zander Envision Cold has received $500 million from an institutional investor to capitalize a new cold storage operating and development company.
Transactions | Aug 15, 2023 Bain buys back Chindata in $3.2b data center deal by Andrea Zander Bain Capital has signed a definitive agreement with Chindata Group Holdings.
Investors | Aug 15, 2023 LatAm Logistic Properties to combine with two to form publicly traded logistics real estate firm in Central and South America by Released LatAm Logistic Properties S.A. and two have plans to combine and to become publicly listed on a U.S. stock exchange as LLP.
Fundraising | Aug 15, 2023 MetLife Investment Management holds $390m final close for Single Family Rental Fund by Andrea Zander MetLife Investment Management (MIM), the institutional asset management business of MetLife, has closed the MetLife Single Family Rental Fund (SFR Fund) with $390 million in capital commitments.
People | Aug 14, 2023 ULI’s global CEO to retire by Released Ron Pressman, ULI’s Global CEO, has announced his retirement from the organization.
Research | Aug 14, 2023 Investors in Australia not as active, says Australian Property Investor Magazine survey by Craig Francis, editor of API Magazine Respondents have been the most inactive since the start of these surveys, a clear sign that economic turbulence and market uncertainty has kept so many on the sidelines.
Transactions | Aug 14, 2023 Davidson Kempner Capital Management announces Prelios S.p.A. sale by Andrea Zander Davidson Kempner Capital Management, a global investment management firm, has announced the signing of a binding agreement with X3 Group, a subsidiary of ION, for the sale of Prelios S.p.A.
Transactions | Aug 14, 2023 CBRE Investment Management fund acquires class A residential property in Raleigh, N.C. by Released CBRE Strategic Partners U.S. Value 9 has acquired The Legacy at Wakefield, a 369-unit residential property located at 14411 Calloway Gap Road in Raleigh, N.C.
Research | Aug 14, 2023 Data center capex to skyrocket amid AI infrastructure spending by Kali Persall AI infrastructure investments are expected to lift data center capex to more than $500 billion by 2027.
Transactions | Aug 14, 2023 British Land in talks for $380m sale to Realty Income by Andrea Zander Property developer British Land is considering selling a number of its assets to U.S. real estate group Realty Income, reports say.