Transactions | Jan 13, 2025 M&G Real Estate acquires two best-in-class logistics developments in France by RELEASED M&G Real Estate has announced €49 million ($49.97 million) of forward funding for two logistics warehouses in the established submarket of Orléans.
People | Jan 13, 2025 Savills IM appoints Michael Neal as global CIO, equity investment by Andrea Zander Savills Investment Management announces the appointment of Michael Neal to the role of global chief investment officer (CIO) for equity investment.
Investors | Jan 13, 2025 AustralianSuper invests in Oxford Properties’ €840m European industrial & logistics portfolio and manager M7 Real Estate by Andrea Zander AustralianSuper, Australia’s largest superannuation fund, and Oxford Properties Group have formed a new strategic partnership that aims to build a significant industrial and logistics venture across Europe, which will be managed by M7 Real Estate.
Research | Jan 13, 2025 Cushman & Wakefield: U.S. industrial quarterly net absorption up 10.5 percent by RELEASED The overall national industrial vacancy rate edged higher in the fourth quarter, climbing 20 basis points to 6.7 percent, according to the latest research by Cushman & Wakefield. This remains 30 basis points below the 10-year, pre-pandemic average.
People | Jan 13, 2025 Madison Realty Capital appoints Brad Cohen as managing director and head of asset and portfolio management by Released Brad Cohen has joined Madison Realty Capital as managing director and head of asset and portfolio management.
Research | Jan 13, 2025 Market cap of Asia Pacific’s top 50 firms hits $8.1t in 2024, led by tech giants amid economic uncertainty by Released The combined market capitalization of the top 50 companies in the Asia Pacific region surged to $8.1 trillion in 2024, reflecting a 20.6 percent year-on-year increase, according to GlobalData, a data and analytics company.
Transactions | Jan 10, 2025 Sterling Organization, Cohen & Steers JV acquire trophy retail center in San Francisco Bay Area for $127m by Denise Moose A joint venture between Sterling Organization and Cohen & Steers has acquired Bridgepointe Shopping Center, a trophy 231,700-square-foot community retail center in San Mateo, Calif., for $127 million.
Transactions | Jan 10, 2025 JLL secures $300m refinancing for Omni Nashville Hotel by RELEASED JLL’s Capital Markets has arranged a $300 million refinancing for the Omni Nashville Hotel, an 800-key luxury hotel in downtown Nashville.
Transactions | Jan 10, 2025 Tishman Speyer completes $2.85b refinancing of The Spiral by RELEASED Tishman Speyer has refinanced The Spiral, its new Manhattan office tower, with a $2.85 billion CMBS loan.
Investors | Jan 10, 2025 Standard expands investment programs with GCM Grosvenor, targets additional $600m of industrial development and multifamily acquisitions by Andrea Zander Standard Real Estate Investments has expanded its investment ventures with assets managed by GCM Grosvenor, adding up to $600 million of new investment capacity for industrial and multifamily transactions.
People | Jan 10, 2025 Cain International appoints Lisa Feifer as global head of capital formation by RELEASED Cain International has appointed Lisa Feifer to the newly created role of global head of capital formation.
Investors | Jan 10, 2025 Long Harbour secures seed investment of $369m from NPS into single-family housing fund by Andrea Zander Long Harbour, the investment manager and specialist in operational real estate, has secured a £300 million ($369 million) equity commitment from South Korea’s National Pension Service (NPS) for its Single Family Housing Fund.
Transactions | Jan 10, 2025 Barings completes $126m logistics portfolio sale in Sweden by RELEASED Barings has completed the sale of five Swedish logistics assets to the listed real estate company Swedish Logistic Property AB (SLP) for SEK 1.4 billion ($126 million).
Fundraising | Jan 10, 2025 Berkshire Bridge Loan Investors-MF1 III holds $1.99b final close by Andrea Zander Berkshire Residential Investments and Limekiln Real Estate have held a final close for its Berkshire Bridge Loan Investors-MF1 III (BBLI III), raising $1.99 billion in commitments. This represents the largest commingled fund in the series to date.
Transactions | Jan 10, 2025 Wynn Resorts set to acquire Crown London from Crown Resorts by RELEASED Wynn Resorts has plans to acquire Crown London.