People | Aug 22, 2022 MOSERS names new executive director by Kali Persall The $9.7 billion Missouri State Employees’ Retirement System (MOSERS) has chosen a new leader to replace Ronda Stegmann.
Transactions | Aug 22, 2022 Toll Brothers, PGIM Real Estate form JV, make first project in San Diego by Released Toll Brothers, through its Toll Brothers Apartment Living® rental division, and PGIM Real Estate, the $208.7 billion real estate investment and financing business of PGIM, have announced a new joint venture to develop The Lindley, a 37-story, 422-unit multifamily rental community in San Diego.
Transactions | Aug 22, 2022 QUEST, Allianz develop Überseehaus in Hamburg by Released QUEST Investment Partners and Allianz have new plans for its Überseehaus in Hamburg.
Investors | Aug 22, 2022 LOGOS, Manulife IM form JV, purchase $200m asset in the Seoul Capital Area by Andrea Zander LOGOS and Manulife Investment Management, on behalf of Manulife Asia, have formed the LOGOS Korea Core Venture and acquired its seed asset, LOGOS Siheung Logistics Centre, a $200 million forward purchase logistics facility in the Seoul Capital Area (SCA).
Transactions | Aug 19, 2022 Heitman takes ownership of 34-story high-rise in Phoenix by Kali Persall Heitman has acquired a 34-story high-rise multifamily community in the heart of downtown Phoenix.
Research | Aug 19, 2022 U.S. net-lease market performs despite volatility, inflation pressures by Kali Persall U.S. net-lease market investors are “stress-testing” based on future rate increases and the potential for a recession, according to a new report from JLL Capital Markets.
Transactions | Aug 19, 2022 Third partner joins Man GPM, Bouwinvest JV focused on net-zero single-family rental homes by Kali Persall ZF Friedrichshafen, a German technology company, has joined Man Global Private Markets (Man GPM) and Bouwinvest as the third and final partner in a joint venture focused on building net-zero energy, single-family rental homes in the United States.
Transactions | Aug 19, 2022 Tishman Speyer captures 50% co-investment in Germany’s historic Klöpperhaus building by Kali Persall Tishman Speyer has secured a 50-percent co-investment in a mixed-use building in central Hamburg, Germany, from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA).
Investors | Aug 19, 2022 Despite the headlines, don't bet against office by Marc DeLuca A little more than two years after the COVID-19 pandemic-driven economic shutdown, news headlines continue announcing that employers are struggling to get their employees back to the office.
Investors | Aug 19, 2022 Student housing positioned for increasing investor demand by Loretta Clodfelter In the initial months of the COVID-19 pandemic, the move toward online education created some headwinds for investors in student accommodation. But fundamentals in the sector have strengthened remarkably.
Investors | Aug 19, 2022 International vs. domestic investing by Jennifer Molloy How should investors approach portfolio construction when it comes to international and domestic real estate investing? Do the benefits of international investing outweigh the risks? And, what are some of the main benefits and challenges of adding an international strategy to an investment program?
Transactions | Aug 19, 2022 Supermarket Income REIT takes ownership of four U.K. supermarkets by Kali Persall Supermarket Income REIT has paid £76.4 million ($91,7 million) for four supermarkets in the United Kingdom.
Investors | Aug 19, 2022 Miami Beach Firefighters and Police slates $18m for three real estate commitments by Kali Persall Miami Beach Firefighters' and Police Officers' Pension Plan has unveiled investments to three real estate funds, according to board-meeting minutes.
Investors | Aug 19, 2022 Kennedy Wilson nabs €77m green loan to develop mixed-use scheme in Dublin by Kali Persall Kennedy Wilson has captured a €77 million ($78 million) “green loan” from AIB for the development of a large mixed-used development in Dublin.
Fundraising | Aug 19, 2022 CARROLL raises $340m for seventh investment vehicle by Kali Persall CARROLL has closed its seventh investment vehicle, Carroll Multifamily Venture VII, with more than $340 million of capital commitments raised between two institutional-investor closings.
Investors | Aug 19, 2022 Goodstone Living moves ahead with its first build-to-rent residential scheme by Released Goodstone Living has secured planning permission from Birmingham City Council for its first build-to-rent residential scheme enabling the development of 550 new rental homes in the U.K city.
Research | Aug 18, 2022 Hybrid office model may be here to stay, says JLL survey by Kali Persall The COVID-19 pandemic may have permanently changed the way people work and do business; however, the office isn’t going anywhere.
Investors | Aug 18, 2022 Blackstone Real Estate Partners X adds Virginia Retirement System to investor base by Kali Persall Blackstone Real Estate Partners X (BREP X), the latest in Blackstone’s series of global flagship real estate funds, has picked up the Virginia Retirement System (VRS) as an investor, according to a recent investment report.
Transactions | Aug 18, 2022 Polish warehouse gets new owner in Elite Partners Capital by Released Elite Partners Capital has completed an off-market acquisition of a warehouse in Radomsko, Poland, for close to €30 million ($30.5 million).
Transactions | Aug 18, 2022 PRP buys class A distribution center in South Carolina by Kali Persall PRP, an investment management firm focused on credit net-lease investments, has taken ownership of a 1.85 million-square-foot, class A distribution center development in Moore, S.C.