Transactions | Dec 15, 2022 Savills IM acquires commercial properties in France and Italy for German pension fund by Released Savills Investment Management (Savills IM), the international real estate investment manager, has acquired two properties in Lyon, France, and Milan, Italy.
Transactions | Dec 15, 2022 Meta shelves data center project in Denmark by Kali Persall Meta Platforms Inc., formerly known as Facebook Inc., has stopped construction of two data centers in Denmark.
People | Dec 14, 2022 Longfellow Real Estate Partners team grows in United Kingdom by Released Longfellow Real Estate Partners announced the expansion of its U.K. platform with the addition of Tom French as director of design & construction.
Fundraising | Dec 14, 2022 Northern Horizon closes fourth Nordic aged-care fund by Kali Persall Northern Horizon has confirmed the final closing of its fourth Nordic aged-care fund.
People | Dec 14, 2022 Harbor Group International hires CIO to lead office investment platform by Kali Persall Harbor Group International (HGI), a privately owned international real estate investment and management firm, has appointed Mike Nathan as CIO — office.
Investors | Dec 14, 2022 Contra Costa County employees contributes $80m to Blackstone secondaries fund by Kali Persall The Contra Costa County (Calif.) Employees’ Retirement Association (CCCERA) has committed to a real estate strategy managed by Blackstone, according to a board meeting packet from Dec. 14.
People | Dec 14, 2022 AIMCo appoints new CIO by Kali Persall Alberta Investment Management Corp. has appointed Marlene Puffer as CIO.
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.
