Research | Feb 3, 2023 January employment gains surprise to the upside with 517,000-job increase by Loretta Clodfelter Employment growth in January was stronger than forecast.
Transactions | Feb 3, 2023 GIC, Oak Street complete $15b acquisition of STORE Capital by Released GIC in partnership with Oak Street has completed the acquisition of STORE Capital Corp.
Fundraising | Feb 3, 2023 Nuveen’s Strategic Alternatives Fund I completes final closing by Kali Persall Nuveen’s Strategic Alternatives Fund I held its final close in fourth quarter 2022 with $214 million of equity commitments/
Research | Feb 3, 2023 Equity REITs strengthened in January, up more than 10% by Loretta Clodfelter Equity REITs advanced 10.7 percent in January, according to the FTSE Nareit Equity REITs Index, amid a broad-based stock market recovery. The S&P 500 Index rose 6.3 percent in January, and the tech-heavy Nasdaq Composite increased 10.7 percent.
Investors | Feb 3, 2023 Interest rates, recession risk have investors on edge by Jennifer Molloy During the past year, markets — and investors — have been reeling from a dizzying number of interest-rate hikes by central banks globally to tame inflation.
Transactions | Feb 3, 2023 Bouwinvest acquires 108 assisted-living apartments in Houthavenkade development near Amsterdam apartments in Houthavenkade development near Amsterdam by Released The Bouwinvest Healthcare Fund has acquired 108 assisted-living units from Porten Houthavenkade, a joint venture between developers Porten Development and Ten Brinke.
Transactions | Feb 3, 2023 Historic office campus to convert into $250m life sciences park by Released SkyREM has plans to convert Philadelphia’s historic Quartermaster site into the Quartermaster Science + Technology Park.
Transactions | Feb 2, 2023 Panattoni sells Hamburg logistics property to JP Morgan and Cromwell JV by Andrea Zander Panattoni has sold its fully leased logistics park in Hamburg, Germany, to a joint venture between J.P. Morgan Asset Management and Australia-based Cromwell Property Group.
Fundraising | Feb 2, 2023 Dexus captures $297m in equity for real estate, healthcare property funds by Kali Persall Dexus has raised A$420 million ($297 million) in new equity across Dexus Real Estate Partnership 1 (DREP1) and Dexus Healthcare Property Fund (DHPF).
Fundraising | Feb 2, 2023 London CIV UK Housing Fund secures $308m commitment by Kali Persall London CIV has captured a £250 million ($308 million) commitment from the London Borough of Lambeth pension fund for its open-end London CIV U.K. Housing Fund.
Transactions | Feb 2, 2023 ADIA to buy Spanish portfolio for €250m by Andrea Zander The Abu Dhabi Investment Authority (ADIA) is in negotiations to acquire Spanish hotel portfolio.
Investors | Feb 2, 2023 CalSTRS appoints RCLCO Fund Advisors as real estate consultant by Kali Persall The $302.1 billion California State Teachers’ Retirement System (CalSTRS) has issued a notice of intent to award RCLCO Fund Advisors a real estate board consultant contract.
Transactions | Feb 2, 2023 CBRE Investment Management Fund acquires residential property in Charlotte, N.C. by Released CBRE Investment Management, on behalf of a separate account client, has acquired Madison Place, a 226-unit residential property located at 3125 Furr Court in Charlotte, N.C.
Transactions | Feb 2, 2023 Swire Properties enters Bangkok property market by Andrea Zander Swire Properties has acquired a 40 percent interest in a site in Bangkok.
Transactions | Feb 2, 2023 Henley and Chartway sign deal for delivery of 162 new homes in England with an estimated GDV of €90m by Released Henley Investment Management and Chartway Partnerships Group have plans to deliver 162 homes in Alkerden Village, Whitecliffe, Ebbsfleet, in England, including a mix of private for-sale, affordable and purpose-built rental properties.
People | Feb 2, 2023 Natixis CIB Appoints Cécile De Sousa as COO, Asia Pacific by Released Natixis Corporate & Investment Banking (Natixis CIB) has appointed Cécile De Sousa as COO, Asia Pacific.
Research | Feb 2, 2023 Aviva Investors: Why London remains the ultimate city of the future by Andrea Zander Aviva Investors, the global asset management business of Aviva plc, has published a new paper, Why London Remains the Ultimate City of the Future.
People | Feb 2, 2023 abrdn appoints Peter Branner as CIO by Kali Persall abrdn has tapped Peter Branner as its new CIO.
Transactions | Feb 2, 2023 AXA IM Alts acquires $459m multifamily portfolio in Japan by Andrea Zander AXA IM Alts has acquired a 33-asset multifamily portfolio in Japan for approximately ¥59 billion (€420 million/$459 million).
Transactions | Feb 2, 2023 U.S. firm acquires cross-dock high-flow-through facility in Lieusaint, France by Released Realterm has expanded its transportation logistics real estate platform in Europe.
