Research | Aug 18, 2022 Life sciences segment continues strong performance by Kali Persall The life sciences sector is holding strong, despite recent macroeconomic deceleration, interest rate volatility and a slowdown in venture capital funding, a recent report from Newmark has found.
People | Aug 18, 2022 Alliance Global Advisors brings on VP of partner engagement by Kali Persall Alliance Global Advisors has hired Michael Byrne as vice president of partner engagement.
Transactions | Aug 18, 2022 AXA IM Alts snaps up class A residential property in North Carolina by Kali Persall AXA IM Alts has acquired a 287-unit multifamily residential asset in Raleigh, N.C., representing its second joint venture with Hawthorne Residential Partners. Financial terms were not disclosed.
People | Aug 18, 2022 Kevin McKenzie joins F&F Capital Group as CIO by Released F&F Capital Group, an investment firm specializing in real estate, technology and aviation investments, has named Kevin McKenzie as its new CIO.
People | Aug 18, 2022 NewPoint Real Estate Capital brings on new managing director by Released NewPoint Real Estate Capital has appointed Tonya Barnes as managing director, head of closing, based in Irvine, Calif.
Research | Aug 18, 2022 Supply and demand trends favor multifamily investment by Loretta Clodfelter With many Americans delaying homeownership — given low supply, high pricing and rising interest rates — that has in turn created a growing demand for rental housing. This is contributing to rising rents and presenting opportunity for investors to capitalize on the abundance of new renters, increased competition and demand that is outpacing supply, Larry Jacobson, president and CEO of The Jacobson Company, said in an interview with IREI.
People | Aug 17, 2022 Accord Group names Rita Ling managing director, Asia by Released Accord Group, a global real estate strategic investment and capital advisory firm, has appointed Rita Ling to managing director, Asia, as part of the firm’s commitment to strategic and ongoing global growth.
Transactions | Aug 17, 2022 Electra America Hospitality Group adds upscale hotel in Boston by Kali Persall Electra America Hospitality Group (EAHG), a joint venture between Electra America and AKA, has acquired an upscale hotel in the heart of Boston’s Back Bay neighborhood, marking its sixth hotel acquisition in the past 18 months.
Transactions | Aug 17, 2022 Prologis U.K. grows London logistics presence with prime urban estates by Kali Persall Prologis U.K. has acquired two prime urban logistics estates in London and the South East from Schroders Capital. Financial terms were not disclosed.
Transactions | Aug 17, 2022 Apollo takes 11% stake in Aldar to drive transformational growth initiatives by Kali Persall Apollo Global Management has taken an 11.1 percent minority stake in Aldar Investment Properties (AIP), a subsidiary of Abu Dhabi–listed Aldar Properties PJSC and the region’s largest institutional-class real estate platform.
People | Aug 17, 2022 Immobel adds Andrew MacDonald to senior team focused on green strategies by Released Immobel Capital Partners, a London-based investment management business of Immobel Group, has appointed Andrew MacDonald as head of finance and joint ventures.
Investors | Aug 17, 2022 San Jose, Calif., pension funds allocate $183m to real estate by Kali Persall Four San Jose, Calif., pension funds have placed $183 million of capital with both new and existing real estate managers.
Transactions | Aug 17, 2022 EXCLUSIVE — Harrison Street snaps up 10 class A self-storage assets by Kali Persall Harrison Street has acquired a portfolio of 10 class A self-storage properties consisting of 9,031 units spread across five U.S. states.
Investors | Aug 17, 2022 South Korea investment outlook by Jennifer Molloy A virtual roundtable with institutional investors and investment managers was held on July 20 by Institutional Real Estate, Inc. on the outlook for real estate investing in South Korea. The in-depth discussion was moderated by Reno Sio, managing director, Asia Pacific, at IREI.
Transactions | Aug 17, 2022 MEAG takes ownership of Brussels office asset by Released MEAG has acquired an office building in Brussels.
Investors | Aug 17, 2022 Maryland State Retirement and Pension System beats policy benchmark for the fiscal year by Kali Persall The Maryland State Retirement and Pension System (MSRPS) has generated a modestly negative return of -2.97 percent, net of fees, for the fiscal year ending June 30, beating its policy benchmark of -3.48 percent.
Investors | Aug 16, 2022 Cain International, Saudi Arabia’s PIF pour $900m into luxury hotel group Aman by Kali Persall Cain International, a London-based privately held investment firm focused on real estate–backed opportunities, has joined with Saudi Arabia's Public Investment Fund (PIF) to invest $900 million in Aman Group.
Fundraising | Aug 16, 2022 GARBE adds €200m to logistics real estate fund by Kali Persall GARBE Industrial Real Estate has secured an additional €200 million ($204 million) through a second closing for its Article 8 investment fund, GARBE Logistics Real Estate Fund Plus III (GLIF+III).
People | Aug 16, 2022 Frans Heijbel joins Heimstaden as a managing director by Kali Persall Heimstaden, a European residential real estate manager and investor, has appointed Frans Heijbel as managing director within strategy and M&A.
Transactions | Aug 16, 2022 Hines and partners deliver Houston’s tallest residential tower at former Houston Chronicle location by Kali Persall Hines and investment partners Cresset-Diversified QOZ Fund and Levy Family Partners have delivered Houston’s tallest residential tower, Brava, situated on the former Houston Chronicle site.
