Investors | Aug 25, 2022 Sweden’s AP2 battles market turbulence, finds alternative investments fared well by Kali Persall Swedish pension fund Andra AP-fonden (AP2) has reported a total return of –6.2 percent (after costs) in first half 2022. Despite historic financial market turbulence, however, alternative investments still generated positive returns.
Investors | Aug 25, 2022 NorthBridge Partners and Green Bridge Energy announce strategic partnership to advance clean energy infrastructure by Released NorthBridge Partners and Green Bridge Energy have launched NetZero Logistics Inc. (NetZero), a strategic venture to invest in energy transition infrastructure for the logistics real estate sector.
Investors | Aug 25, 2022 ADIA, Landmark Properties announce $2b U.S. student housing JV by Andrea Zander Landmark Properties has formed a new $2 billion build-to-core student housing joint venture with a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA).
People | Aug 25, 2022 LaSalle revamps European research strategy leadership by Released LaSalle Investment Management has announced a series of additions to its European research and strategy leadership team.
Transactions | Aug 25, 2022 JPI, Madera Residential and WayMaker form $1b JV in Dallas area by Andrea Zander JPI has formed a joint venture with Madera Residential and WayMaker on five new developments across the Dallas–Fort Worth metroplex.
Transactions | Aug 25, 2022 CPREIF buys three-building industrial portfolio in the Inland Empire West area by Released Clarion Partners Real Estate Income Fund (CPREIF) has strategically added to its property holdings.
Investors | Aug 25, 2022 Sentinel and PGGM partner on $1b Australian BTR venture by Andrea Zander Sentinel Fund Manager Australia, the Australian arm of U.S. real estate investment and development firm Sentinel Real Estate Corp., and Dutch pension fund manager PGGM have formed a new partnership to develop and manage up to A$1.5 billion ($1.04 billion) in build-to-rent (BTR) communities throughout Australia.
Transactions | Aug 25, 2022 CBC HIP closes two quality sizable life sciences real estate acquisitions in China by Andrea Zander CBC Healthcare Infrastructure Platform (CBC HIP) has closed its first project for China Life Science Infrastructure Venture (CLSIV), a joint venture established with APG in July, which is a 119,000-square-meter (1.3 million-square-foot) life sciences park located at China Bio-medicine Park in Beijing. The property comprises of eight manufacturing buildings, four R&D offices, and auxiliary facilities.
Investors | Aug 25, 2022 Asian capital backs launch of Savills IM’s U.K. build-to-rent strategy by Released Savills Investment Management (Savills IM), an international real estate investment manager, has launched a U.K. build-to-rent strategy.
Transactions | Aug 24, 2022 Patrizia invests in Barcelona student accommodation by Andrea Zander Patrizia has invested in a portfolio of purpose-built student accommodation (PBSA) in central Barcelona on behalf of its institutional clients.
Transactions | Aug 24, 2022 Keystone Development + Investment secures $265m loan to expand life science conversion by Released Keystone Development + Investment has secured a $265.2 million loan.
Transactions | Aug 24, 2022 Continental Realty enters Chicago market by Andrea Zander Continental Realty Corp. has entered the Chicago market.
Investors | Aug 24, 2022 Spokane Employees’ Retirement System rehires Hyas Group as its investment consultant by Kali Persall The Spokane (Wash.) Employees’ Retirement System has retained Hyas Group.
Transactions | Aug 24, 2022 Australia’s Lutheran Super anticipates merger with Mercer Super by Kali Persall Australia’s Lutheran Super has plans to merge into the Mercer Super Trust.
Transactions | Aug 24, 2022 Principal Real Estate data center fund makes first purchase in Barcelona by Andrea Zander Principal Real Estate has acquired the first asset for its Principal European Data Centre Fund I.
Fundraising | Aug 24, 2022 LEM Multifamily Fund VI closes above $450m target by Kali Persall LEM Capital has closed its LEM Multifamily Fund VI.
Investors | Aug 24, 2022 Illinois Municipal Retirement Fund commits to Blackstone, Long Wharf, Security Capital real estate funds by Kali Persall The $48.4 billion Illinois Municipal Retirement Fund has disclosed several real estate commitments.
Transactions | Aug 24, 2022 Whitbread invests €237m in new London hotel by Andrea Zander Whitbread PLC has acquired a prime freehold property on the Strand in central London, located just off Trafalgar Square.
Research | Aug 24, 2022 Renting in the suburbs isn’t as cheap as it used to be by Released Driven by migration away from expensive city centers during the pandemic, the rental price advantage of living in the suburbs has shrunk by 52.9 percent compared to three years ago.
People | Aug 24, 2022 Columbia Property Trust announces new CEO by Released Columbia Property Trust has appointed Adam Frazier as president and CEO, effective Sept. 19.
