SPONSORED: Trei Real Estate – Creative infill development: Turning single-story retail into mixed-use residential and retail by Jennifer Babcock Demand for housing in European cities is high, and available land is in short supply. Older single-story retail properties with large parking lots offer an opportunity for creative infill redevelopment.
SPONSORED: EG Funds Management – Real estate market shifting toward data-driven investment model by Jennifer Babcock Data has long been used to evaluate real estate investment decisions from a performance point of view, but investors are increasingly looking to data to formulate investment strategies and decisions on the front end.
How REITs are benefiting from the M&A wave by Sigrid Zialcita Although the Asia Pacific region’s REITs were not spared the unprecedented impact of the pandemic, the sector has recovered from its trough, with valuations gradually retraced to pre-pandemic levels. In the wake of the crisis, however, mergers and acquisitions of the region’s REITs have accelerated.
The appeal of ESG in Australia’s office sector by Leonie Wilkinson Premium Australian office is still an attractive place to invest despite lingering impacts from the pandemic and more recent concerns around rising inflation and interest rates. Within the sector, however, more attention is rightly being paid to environmental, social and governance (ESG) factors, particularly amid the transition to net zero.
Unlocking the value in uncertainty using real options by David Rees The future is shrouded in uncertainty. Real option modelling can give, at least in broad terms, an indication to the prospective tenant of the dollar value of the option on offer and to the landlord an assessment of how much is being put on the table.
How to manage, interpret and standardize information by Alex Frew McMillan Smart devices, reactive building systems, environmental assessments, sector breakdowns, financials and geographic market reports are all delivering greater amounts of data than ever before. The challenge is making sense of what can become an exponential rise in inputs and putting them to use.
SPONSORED: CBRE IM – Why now for U.S. and European residential real estate? by Jennifer Babcock In a challenging economic environment marked by rising inflation and rising interest rates, continued supply-chain disruption and Russia’s ongoing war on Ukraine, for-rent residential real estate is attracting investor attention for its long-term predictable income, among other features.
Fundraising | Sep 1, 2022 Yoo Capital Fund II collects $35m from The London Fund by Kali Persall Yoo Capital Fund II has captured a £30 million ($35 million) investment from The London Fund.
Shifting urban landscapes, housing demand and decarbonisation are leading to a growth in adaptive reuse across the globe by Marek Handzel Reimagining, rebuilding and repurposing real estate has always played a key role in investors’ ability to create value. In today’s post-COVID world, however, the ability to change a property’s use has taken on a new level of importance.
Tailwinds are coming from a new, unsteady direction by Markus Reinert The days when the real estate sector benefited from the sheer lack of alternatives — from an investor’s point of view — seem to be over.
Investors remain confident about German residential sector, despite consumer anxiety and the threat of further regulation by Marek Handzel As the German market has shown, investors remain confident about the residential sector, despite consumer anxiety and the threat of further regulation, writes Bennett Voyles.
The impact of higher interest rates on real estate by Kali Persall In August, an official from the U.S. Federal Reserve said the central bank — which has already raised interest rates three times from its near-zero levels at the beginning of 2022 — will keep increasing them until it sees compelling evidence that inflation is falling.
Recession-resistant healthcare real estate has strong supply and demand fundamentals by Loretta Clodfelter The fundamental story of healthcare real estate investment begins with demographics — everyone knows the U.S. population is getting older — but it doesn’t stop there.
Transactions | Aug 31, 2022 Montgomery Street Partners JV receives approval for $280m purpose-built life sciences project by Andrea Zander PMB in partnership with Montgomery Street Partners has received Superior Town Board approval on its final development plan for Coal Creek Innovation Park at Downtown Superior giving PMB discretionary approval to construct the $280 million purpose-built life sciences project.
Fundraising | Aug 31, 2022 Credit Suisse reviews issue of up to $175m for green property fund by Kali Persall Credit Suisse Asset Management reviewing an issue of CHF 140 million to CHF 170 million ($144 million to $175 million) for the Credit Suisse Real Estate Fund Green Property.
People | Aug 31, 2022 Texas TRS’ head of ESG vacates role by Kali Persall Lauren Gellhaus, head of ESG at the Teacher Retirement System (TRS) of Texas, has stepped down from her post.
Transactions | Aug 31, 2022 Foreign investor acquires prime residential development site west of Brickell, Fla. by Andrea Zander Empira Group, a Swiss real estate firm, has purchased CoralGrove Brickell.
Transactions | Aug 31, 2022 Logistics Property to build Chicago’s first multistory warehouse by Released Logistics Property Company has plans to develop its 1237 West Division.
Investors | Aug 31, 2022 San Antonio Fire & Police pours $25m into core open-ended real estate by Kali Persall The San Antonio Fire & Police Pension Fund has agreed to commit $25 million to a core open-ended real estate fund managed by IDR Investment Management, according to a recent board meeting document.The exact name of the IDR fund was not disclosed in the meeting minutes.
Investors | Aug 31, 2022 Bill to convert buildings into affordable housing unanimously clears California Assembly by Andrea Zander California Assembly Bill 1695 (Miguel Santiago, D- 53rd District), which will allow for state funding and loans for the development of affordable multifamily housing projects utilizing “adaptive reuse” of existing buildings, cleared the Assembly earlier today in a unanimous vote.