Transactions | Feb 6, 2023 Public Storage proposes to acquire Life Storage by Andrea Zander Public Storage to acquire all outstanding shares and units of Life Storage in an all-stock transaction.
Investors | Feb 6, 2023 Hawaiian sovereign wealth fund seeks investment consultant by Kali Persall The Office of Hawaiian Affairs (OHA) is seeking proposals from qualified firms to perform the services of an independent non-discretionary board consultant.
Research | Feb 3, 2023 Amherst releases 2023 market outlook report by Andrea Zander Resilience in the housing market, despite softening home prices, according to Amherst in its market outlook report.
Research | Feb 3, 2023 ANREV: Australian farmland registers total annualized return of 13.13% by Released The Australian farmland total annualized return since inception, from March 2015 to 30 September 2022.
Transactions | Feb 3, 2023 Park Hotels & Resorts sells Miami hotel for $118m by Andrea Zander Park Hotels & Resorts has closed on the sale of the 508-room Hilton Miami Airport Blue Lagoon for $118.25 million, or $233,000 per key.
Fundraising | Feb 3, 2023 Graywood Developments seeks $150m for 10th private real estate fund by Kali Persall Graywood Developments has launched its 10th private real estate development fund, Graywood Fund X.
Transactions | Feb 3, 2023 NYSCRF buys medical office portfolio from Heitman for $73m by Kali Persall The New York State Common Retirement Fund (NYSCRF) has acquired a portfolio of five medical office buildings from Heitman Capital Management Separate Account for $73 million.
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.
