Research | Dec 14, 2022 KKR releases “Regime Change: The Benefits of Private Credit in the ‘Traditional’ Portfolio” by Andrea Zander KKR has released Regime Change: The Benefits of Private Credit in the ‘Traditional’ Portfolio by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA) and Racim Allouani, Head of Portfolio Construction, Investment Risk Management and Quantitative Analysis at KKR.
Research | Dec 14, 2022 Urban industrial & logistics, essential retail, affordable housing and real estate debt likely to be safest havens in 2023 by Andrea Zander While 2023 may prove challenging for all investors, in the context of global market turbulence, Savills Investment Management (Savills IM) sees select opportunities in asset classes with strong long-term fundamentals such as urban industrial and logistics, affordable housing and essential retail.
Research | Dec 14, 2022 Location, flexibility and quality shapes the future of how people live, work and shop in Asia Pacific by Andrea Zander While the adoption of hybrid work continues to have a major influence on where consumers are choosing to work and live, more people in Asia Pacific are planning to move closer to city centers, according to CBRE’s Asia Pacific Live-Work-Shop Report.
Research | Dec 14, 2022 LaSalle’s ISA Outlook 2023: Resilience in the face of severe macro headwinds by Released Despite global macroeconomic headwinds impacting Europe more severely than other global regions, the continent’s real estate market fundamentals remain sufficiently strong that attractive opportunities remain on offer next year for the right investment strategies, markets and asset types.
Transactions | Dec 14, 2022 AMP Capital takes ownership of student accommodation facility in Australia by Released AMP Capital has confirmed the acquisition of a newly developed 731-bed student accommodation facility from the Australian National University (ANU), bringing the total portfolio of on-campus beds at the institution to 4,915.
Transactions | Dec 13, 2022 CapitaLand India Trust to acquire Chennai site and develop its third data center in India by Andrea Zander CapitaLand India Trust Management Pte. Ltd., the trustee-manager of CapitaLand India Trust (CLINT), has acquired a 4.01-acre freehold site in Ambattur, Chennai, for S$14.1 million ($10.4 million) to develop its third data center in India.
Investors | Dec 13, 2022 NREP makes first real estate investment in Germany, part of €500m expansion by Released NREP announces the continued extension of its impact into northern European countries.
Research | Dec 13, 2022 Global RE DEI Survey 2022 results: Women and POC representation increases y-o-y, all regions by Andrea Zander The gender balance moved in favor of more female representation between 2021 and 2022 for the real estate industry, with each region showing upticks between almost 4 percent and 6 percent, according to the results of the Global Real Estate DEI Survey 2022.
Research | Dec 13, 2022 BofA global research calls for markets to turn “risk-on” midyear by Andrea Zander The global economy and markets were rattled by two significant shocks in 2022: an inflation shock and an interest rate shock.
Transactions | Dec 13, 2022 PREIT receives approvals for 460 apartments and 165-room hotel at Springfield Town Center, Va. by Released PREIT has obtained unanimous approval from the Fairfax County Board of Supervisors for the development of 460 apartments and a 165-room hotel, paving the way for the sale of the land parcels, both of which are under agreement of sale.
Fundraising | Dec 13, 2022 Fifth Wall closes record-breaking proptech fund at nearly $1b by Kali Persall Fifth Wall has completed the final closing of its Real Estate Technology Fund III.
Transactions | Dec 13, 2022 NexPoint Storage Partners acquires SAFStor to expand self-storage portfolio by Released NexPoint Storage Partners announced that it became the sole owner of 29 new, well-located and high-quality self-storage properties developed by SAFStor.
Fundraising | Dec 13, 2022 Elevation Advisors secures more than $404m for open-ended healthcare real estate fund by Kali Persall Elevation Advisors has completed an initial closing.
People | Dec 13, 2022 LACERA undertakes search for deputy CIO by Kali Persall The Los Angeles County Employees Retirement Association (LACERA) is seeking applications for the deputy CIO position.
Investors | Dec 13, 2022 Texas ERS contributes $50m to Abacus Multi-Family Partners VI by Kali Persall The Employees Retirement System of Texas (Texas ERS) has disclosed a $50 million commitment to Abacus Multi-Family Partners VI, managed by Abacus Capital Group, in a recent investment report.
Transactions | Dec 13, 2022 AXA IM Alts makes first PBSA by Released AXA IM Alts has acquired Vita Student Lewisham Exchange, a 758-bed purpose built student accommodation (PBSA) scheme in Lewisham, Southeast London.
Fundraising | Dec 12, 2022 Elion Industrial Fund II completes first closing by Kali Persall Elion Partners has completed a first closing for its Elion Industrial Fund II.
Transactions | Dec 12, 2022 Union Investment acquires hypermarket in Lisbon’s largest shopping center by Released Union Investment has acquired the Continente Colombo hypermarket operated by food retailer Sonae MC in the Portuguese capital, Lisbon.
People | Dec 12, 2022 Cromwell hires Lara Young as head of ESG by Released Cromwell Property Group has appointed Lara Young, as its head of environmental, social, and governance (ESG).
Investors | Dec 12, 2022 Indiana Public Retirement System’ defined benefit portfolio reports negative return by Kali Persall The Indiana Public Retirement System (INPRS) has reported a negative return of 4.95 percent return on its defined benefit (DB) portfolio for fiscal year-to-date 2023.
