Investors | Sep 12, 2022 CalSTRS places $1.1b in industrial real estate by Kali Persall The California State Teachers Retirement System (CalSTRS) has invested $1.1 billion in three new industrial real estate commitments during the first half of 2022.
Research | Sep 12, 2022 U.S. pension funds in fragile state after highest returns in history by Kali Persall Despite recording some of the best investment returns in history, the state retirement systems in the United States are still fragile.
Transactions | Sep 12, 2022 Hersha Hospitality Trust to sell two West Coast hotels for $125m by Released Hersha Hospitality Trust has entered into definitive agreements to sell two of its West Coast properties for gross proceeds of $125 million, or about $455,000 per key.
Transactions | Sep 12, 2022 Watermark Lodging Trust announces stockholder approval of acquisition by Brookfield by Released Watermark Lodging Trust (WLT) announced at a special meeting of stockholders approval of the proposed acquisition of WLT by private real estate funds managed by Brookfield.
Investors | Sep 12, 2022 Inbest, GPF Capital launch new REIT by Andrea Zander Inbest and GPF Capital have created a new REIT.
Transactions | Sep 12, 2022 American Real Estate Partners fund makes fifth acquisition by Released American Real Estate Partners (AREP) has purchased 1101 King Street in the heart of Old Town in Alexandria, Va.
Investors | Sep 12, 2022 Palladius Capital Management seeks $300m in CRE debt investments by Andrea Zander Palladius Capital Management is seeking $300 million in commercial real estate debt investments in the United States.
People | Sep 12, 2022 PGIM Real Estate promotes Joanna Mulford to core equity fund by Released PGIM Real Estate has appointed Joanna Mulford as senior portfolio manager.
Transactions | Sep 12, 2022 SL Green sells NYC condominium for $300m by Andrea Zander SL Green Realty Corp. has entered into an agreement to sell 414,317 square feet of vacant office leasehold condominium units at 885 Third Avenue.
People | Sep 12, 2022 Goldman Sachs Asset Management makes slew of new hires by Kali Persall Goldman Sachs Asset Management (GSAM) has hired Elizabeth Burton, the former CIO of the Employees’ Retirement System of the State of Hawaii, as a managing director and client investment strategist of its client solutions and capital markets (CSCM) business, according to Reuters.
Research | Sep 9, 2022 U.S. retail net absorption remains positive for sixth consecutive quarter by Andrea Zander U.S. retail net absorption remained positive for the sixth consecutive quarter but dipped 12.2 percent to 18.9 million square feet, according to JLL. Total transaction volume coming in just less than $44.7 billion, including M&A transactions, an 81 percent increase year-over-year.
Research | Sep 9, 2022 European logistics occupier market proves resilient in H1 2022 by Andrea Zander The European logistics occupier market has shown good resilience during the first half of 2022.
Transactions | Sep 9, 2022 Swiss Life Asset Managers, Norges Bank Investment Management to invest in Berlin and Paris through an investment vehicle by Andrea Zander Swiss Life Asset Managers and Norges Bank Investment Management have acquired two landmark office buildings: VoltAir, a 30,000 square-meter (322,917-square-foot) property in Berlin and 86 Boulevard Haussmann, a 11,000-square-meter (118,403-square-foot) building in the heart of Paris.
Transactions | Sep 9, 2022 Berlin project sells for €456m by Andrea Zander Luxembourg-based real estate company Vivion Investments has agreed to acquire two segments of the Quartier Heidestrasse project.
Transactions | Sep 9, 2022 GARBE science & technology real estate fund buys The Lab in Berlin by Released GARBE Institutional Capital has acquired The Lab in Berlin for the GARBE Science and Technology Real Estate Fund 1 (GARBE STREF#1).
Investors | Sep 9, 2022 Aware Super unveils $4.7b real estate platform by Kali Persall Aware Super, Australia’s third-largest fund, has launched a new A$7 billion ($4.7 billion) real estate platform, Aware Real Estate.
Transactions | Sep 9, 2022 Flaherty & Collins Properties announces $200m waterfront mixed-use project by Andrea Zander Flaherty & Collins Properties announced a $200 million mixed-use waterfront development at Steelepointe Harbor.
Fundraising | Sep 9, 2022 WSB Real Estate Partners, Blacksoil Group hit target for real estate debt fund by Kali Persall WSB Real Estate Partners has raised more than its target Rs 500 crore ($66.7 million) for its residential property debt fund.
Investors | Sep 9, 2022 South Carolina Retirement System puts $200m in Blackstone, EQT Exeter funds by Kali Persall The South Carolina Retirement System Investment Commission has awarded $100 million each to two funds.
Transactions | Sep 9, 2022 Barings takes ownership of Digital Realty data center in Stockholm by Kali Persall Barings has acquired a Digital Realty data center in Stockholm from Pictet Alternative Advisors and Brunswick Real Estate.
