Transactions | Jun 3, 2022 Newly built class A+ industrial park in San Antonio trades by Released Hines has sold Corner Ridge Crossing, a four-building, class A+, last-mile industrial park totaling 576,047-square-feet in San Antonio.
Investors | Jun 3, 2022 Blackstone Innovations Investments invests in cove by Released cove announced the completion of a funding round from Blackstone Innovations Investments and other investors including Kastle Systems. They join existing investor, Second Century Ventures.
Fundraising | Jun 3, 2022 CRG expands offering in red-hot industrial market by Kali Persall CRG has wrapped up fundraising for its U.S. Logistics Fund II.
Transactions | Jun 3, 2022 Slate buys 800 acres in Hamilton, Ontario, from Stelco by Released Slate Asset Management has bought 800 acres of industrial land and buildings in Hamilton, Ontario, from Stelco.
Research | Jun 2, 2022 Hoteliers rise from pandemic difficulties and position for growth by Released National hotel occupancy is up nearly 2,000 basis points from pandemic lows to a trailing 12-month average of 60.6 percent in April, according to Marcus & Millichap.
Transactions | Jun 2, 2022 Grosvenor buys residential development site in Oakland, Calif. by Released Grosvenor has purchased 2600 Telegraph Ave. in Oakland, Calif., where it will begin construction in early 2023 to develop 225 rental homes and 6,000 square feet of specialty retail space.
People | Jun 2, 2022 Round Hill Capital hires new capital raiser to expand coverage across Asia by Released Round Hill Capital has announced the appointment of Jihoon Yim as regional head of capital markets group, Asia.
Investors | Jun 2, 2022 Florida SBA commits to three existing real estate managers by Kali Persall The State Board of Administration (SBA) of Florida has disclosed several real estate investments spanning the core, opportunistic and value-add spectrum.
Transactions | Jun 2, 2022 Post Brothers enters D.C. office market with $228m purchase by Andrea Zander Post Brothers enters D.C. office market with $228m purchase
Investors | Jun 2, 2022 Korea Investment Corp. discloses 9.13% return by Kali Persall Korea Investment Corp. (KIC), South Korea's sovereign wealth fund, has posted a 9.13 percent annualized return on total assets, representing a $16.9 billion return on investments as of December 2021.
Transactions | Jun 2, 2022 Colliers completes investment in leading infrastructure investment firm by Andrea Zander Colliers has completed its strategic investment in Basalt Infrastructure Partners, a trans-Atlantic infrastructure investment management firm with more than $8.5 billion of assets under management.
Fundraising | Jun 2, 2022 NorthBridge Partners surpasses $400m for fourth logistics fund by Kali Persall NB Partners Fund IV, a value-add fund managed by NorthBridge Partners, has secured more than $417 million, according to a recent filing with the SEC.
Transactions | Jun 2, 2022 Greystar invests in Frankfurt residential scheme by Released Greystar Real Estate Partners has acquired the Kanso development, a 303-unit mid-rise residential project in Frankfurt.
Investors | Jun 2, 2022 Montana adds $50m to AG Realty Value Fund XI by Kali Persall The Montana Board of Investments has committed $50 million to a closed-end real estate debt investment vehicle managed by Angelo, Gordon & Co, according to a recent board meeting document.
Transactions | Jun 2, 2022 €500m logistics fund buys German logistics property by Andrea Zander HIH Invest has acquired a logistics property comprising 7,050 square meters (75,885 square feet) from the Lange Family Office (LP MG GmbH).
Investors | Jun 2, 2022 State of Wisconsin Core Trust Fund return comes in ahead of benchmark by Kali Persall The $165.6 billion State of Wisconsin Investment Board (SWIB) has announced an –8.5 percent return for its Core Trust Fund, against a benchmark return of –8.82 percent, for the year ending April 30.
Investors | Jun 2, 2022 Lendlease Communities investing over $1b across SFR installations by Andrea Zander Lendlease Communities has raised more than $7 billion in the private market to fund housing redevelopment across its portfolio.
People | Jun 2, 2022 Former CIO of POBA joins Yulchon by Jennifer Molloy Dong Hun Jang joined Yulchon, a major law firm in South Korea, in April 2022 as a senior adviser.
Transactions | Jun 2, 2022 Toll Brothers and PGIM Real Estate to develop luxury rental community in Boston by Andrea Zander Toll Brothers, through its Toll Brothers Apartment Living (TBAL) rental division, and PGIM Real Estate have formed a new joint venture to develop Lyra, a 34-story, 432-unit multifamily rental community in downtown Boston.
Transactions | Jun 2, 2022 Ascott acquires first Lyf co-living property in Sydney by Released CapitaLand Investment’s wholly owned lodging business unit, The Ascott Ltd., is acquiring its first Lyf-branded co-living property in Sydney.
