Research | Aug 12, 2022 Strong summer travel season helps hotels put pandemic in rear-view mirror by Andrea Zander Travel demand is improving, although inflation presents headwinds, reported Marcus & Millichap.
Investors | Aug 12, 2022 Intriva Capital launches self-storage platforms in Germany by Released Intriva Capital has launched its German drive-up self-storage company, SpaceGenie.
Transactions | Aug 12, 2022 Hines, MetLife acquire final site for Tabler Station Logistics Park in W.Va. by Released Hines along with MetLife Investment Management announced the acquisition of the final site for the Tabler Station Logistics Park in Martinsburg, W.Va.
Transactions | Aug 12, 2022 Crow Holdings, Panattoni to build 4msf project in Seattle by Andrea Zander A joint venture between Crow Holdings Capital and Panattoni has plans to develop FRED310.
Research | Aug 12, 2022 CBRE’s Mid-Year Asia Pacific Real Estate Outlook: Rising inflation, interest rates to moderate growth by Released CBRE foresees Asia Pacific’s commercial real estate markets moderating in the second half of the year as rising inflationary pressure and interest-rate increases provide the major challenge to economic growth in the region.
Investors | Aug 11, 2022 Pennsylvania PSERS slates $100m for EQT Exeter US Industrial Value-Add Fund VI by Kali Persall The Pennsylvania Public School Employees' Retirement System (PSERS) has approved a $100 million commitment.
Investors | Aug 11, 2022 Texas Permanent backs Blackstone, Longpoint Realty, BentallGreenOak, VILA, Ares funds by Kali Persall The Texas Permanent School Fund (TPSF) has awarded more than $300 million in commitments to high-profile real estate managers.
Investors | Aug 11, 2022 Climate change transition risk denial is widespread by Marek Handzel Climate change transition risk denial is widespread among the commercial real estate investment industry, as many investors are not accurately pricing assets that are not only now obsolescent, but would also require significant capex to bring up to required "green" building regulation standards.
Investors | Aug 11, 2022 Barings to acquire Altis Property Partners by Released Barings has signed a share sale agreement to acquire 100 percent of Altis Property Partners, a real estate firm based in Australia.
Social impact investing can apply to all real estate and become best practice over time by Released All real estate investment and development has the potential to deliver social impact, according to a new report by the Urban Land Institute (ULI) in partnership with global law firm DLA Piper.
Research | Aug 11, 2022 Investment in Asia Pacific cold storage real estate to reach $5b in next decade by Andrea Zander Investment in Asia Pacific’s cold storage market is expected to grow fivefold in the next decade, driven by a shortage of new supply, outdated existing facilities and rapidly changing consumer demands created by the widespread adoption of online grocery shopping.
Transactions | Aug 11, 2022 ESR acquires its first life sciences business park in Shanghai Zhangjiang Hi Tech Development Zone by Released ESR Group has made its strategic milestone entry into China’s biopharmaceutical R&D cluster in Shanghai.
Investors | Aug 11, 2022 Aimco forms $1b multifamily JV with APFC by Andrea Zander Apartment Investment and Management Co. (Aimco) and the $79.5 billion Alaska Permanent Fund Corporation (APFC) have entered into an agreement to fund up to $1 billion of future Aimco-led multifamily developments.
Fundraising | Aug 11, 2022 Chinese city to set up $1.5b real estate fund to ease residential market distress by Kali Persall A 10 billion yuan ($1.47 billion) real estate fund is in the works in Zhengzhou, the capital of Central China’s Henan Province.
Transactions | Aug 11, 2022 Strategic Storage Growth Trust III makes first acquisition by Andrea Zander Strategic Storage Growth Trust III has announced the acquisition of two self-storage facilities in The Villages in Florida.
People | Aug 10, 2022 Barings BDC names Jonathan Bock as new CEO by Released Barings BDC has named Eric Lloyd as executive chairman of the board and promoted three of its longstanding senior executive officers.
Investors | Aug 10, 2022 San Antonio Fire & Police re-ups $20m in Covenant Apartment Fund XI by Kali Persall San Antonio Fire & Police Pension Fund has unanimously approved a $20 million follow-on commitment to Covenant Apartment Fund XI, a value-add fund managed by Nashville-based Covenant Capital Group.
Fundraising | Aug 10, 2022 Pantzer Properties secures $599m for fifth multifamily real estate fund by Kali Persall Pantzer Properties has locked in more than $599 million for its latest fund, Panco Strategic Real Estate Fund V, according to a recent filing with the SEC.
Investors | Aug 10, 2022 EQT Exeter Industrial Value Fund VI adds Los Angeles City Employees as an investor by Kali Persall The $21.74 billion Los Angeles City Employees’ Retirement System (LACERS) has approved up to $75 million for EQT Exeter Industrial Value Fund VI (EIVF VI), managed by EQT Exeter.
Transactions | Aug 10, 2022 GI Partners announces Northern Virginia ‘Always On’ real estate acquisitions for its Essential Tech + Science Fund by Released GI Partners has announced the acquisition of five “Always On” properties totaling 860,000 square feet in the nation’s leading market for defense technology employment, on behalf of its Essential Tech + Science Fund.
