Transactions | Jun 17, 2022 Hines acquires South Temple Tower as first office-to-residential conversion by Andrea Zander Hines has acquired South Temple Tower in Salt Lake City.
Investors | Jun 17, 2022 Bay Street Capital announces national IOS JV with Drake Real Estate Partners by Andrea Zander Bay Street Capital has announced a joint venture with Drake Real Estate Partners.
Transactions | Jun 17, 2022 London-based firm forms U.S. JV, makes first purchase by Andrea Zander in their joint venture, have acquired Elliot Gateway, formerly Discovery Gateway, a garden-style community located in Marietta, Ga., one of metro Atlanta’s thriving suburbs.
Research | Jun 17, 2022 M&G’s mid-year Global Outlook report highlights the impact of rising inflation and interest rates on real estate markets by Released With inflation fast becoming a global phenomenon on a scale not seen for decades, investors everywhere are galvanised to reconsider their property strategies.
Transactions | Jun 17, 2022 USAA Real Estate, PGGM JV purchase luxury apartment rental property in Brooklyn by Andrea Zander BentallGreenOak has sold The Addison, a two-building, 271-unit luxury apartment rental property with three ground-floor retail spaces located at 225 Schermerhorn St. in Brooklyn, New York.
Transactions | Jun 17, 2022 Node breaks ground for 827-bed accommodation project in Madrid by Released Global alternative residential and co-living asset manager Node has broken ground on its first large-scale, purpose-built community in Alcobendas, Madrid.
Transactions | Jun 17, 2022 Sutton Harbour to build €70m Sugar Quay scheme in England by Released The City of Plymouth, a port city in Devon, England, has granted approval for the development of the Sugar Quay at Sutton Harbour.
Research | Jun 17, 2022 U.K. institutional investors are taking steps combat rising inflation by Kali Persall As inflation pressures continue to rise, investors are taking steps to brace for its impact, with many choosing to invest in assets that can hedge the risk.
Transactions | Jun 17, 2022 EDF Invest, Swiss Life invest $1.2b in Databank by Released DigitalBridge Group has sold ownership interests to affiliates of Swiss Life Asset Management AG (SLAM) and EDF Invest, which is part of the firm’s recapitalization of its portfolio company DataBank.
Fundraising | Jun 17, 2022 CBRE Investment Management seeks €5b for new European logistics fund by Kali Persall CBRE Investment Management has formed a new European logistics fund through the combination of its European Industrial Fund and Logistics Venture Fund.
Transactions | Jun 17, 2022 TCC, CBRE Investment Management sell technology park in Northern California by Released Trammell Crow Company (TCC) and joint venture partner CBRE Investment Management, on behalf of one of its funds, have sold Butterfield 5 Technology Park in Morgan Hill, Calif.
Transactions | Jun 17, 2022 Preferred Apartment Communities stockholders approve acquisition by Blackstone Real Estate Income Trust by Released Preferred Apartment Communities (PAC) has announced that, at the reconvened special meeting of stockholders, its stockholders approved the acquisition of PAC by Blackstone Real Estate Income Trust, Inc.
Transactions | Jun 17, 2022 Union Investment buys Helsinki wooden office scheme for €58m by Released SRV has sold the WithSecure headquarters to Union Investment.
Fundraising | Jun 17, 2022 Silicon Valley opportunity zone fund secures $100m by Kali Persall Urban Catalyst has raised more than $100 million for its Urban Catalyst Opportunity Zone Fund II.
Transactions | Jun 16, 2022 Cerberus adds two more logistics assets to its Dutch SIRE portfolio by Released Arrow Capital Partners has acquired two logistic assets in the Netherlands.
People | Jun 16, 2022 Tishman Speyer Appoints Graham Mackie to diversify and grow its Asia Pacific business by Released Tishman Speyer has appointed Graham Mackie to lead the firm’s expansion strategy across the Asia Pacific region.
People | Jun 16, 2022 Lincoln Property appoints U.K. managing director as it eyes expansion by Released Lincoln Property Co. has appointed Alex Aitchison as the new managing director for its operations in the United Kingdom.
Investors | Jun 16, 2022 Baltics industrial real estate developer to invest €100m in the city of Riga by Released Sirin Development has plans to build a modern warehouse complex valued at more than €100 million ($105 million).
Research | Jun 16, 2022 Private capital investment needed to improve skilled nursing facilities by Released A new ATI Advisory analysis commissioned by the National Investment Center for Seniors Housing & Care (NIC) highlights a history of often uncoordinated policy decisions that have resulted in a failure to attract needed capital to modernize skilled nursing facilities.
Investors | Jun 16, 2022 PLP closes second U.K. develop-to-core logistics venture by Andrea Zander PLP has closed its second U.K. develop-to-core logistics venture (UKLV2).
