Transactions | Mar 8, 2022 Ghelamco sells The Warsaw HUB to Google for €583m by Andrea Zander Ghelamco has sold its Warsaw Hub Development to Google for €583 million ($tk million). It is considered to be the largest single office transaction in Central and Eastern Europe.
Investors | Mar 8, 2022 British Land enters JV with AustralianSuper after selling London project stake by Andrea Zander British Land has sold its 50 percent stake in the Canada Water Masterplan.
Transactions | Mar 8, 2022 EXCLUSIVE — Harrison Street sells senior housing portfolio in Oregon and Montana by Kali Persall Harrison Street has sold a portfolio of five senior housing properties valued at $193.50 million in Oregon and Montana. The buyer was The Springs Living, a senior housing operator that has partnered with Harrison Street since 2011.
Fundraising | Mar 8, 2022 Palladius nears $100m fundraising target for real estate fund by Kali Persall Palladius has raised more than $76 million for its Palladius Real Estate Fund I.
Transactions | Mar 8, 2022 Leeds, U.K., office sells for €132m by Andrea Zander Immobel Capital Partners, a listed real estate developer based in Belgium, has agreed to acquire 50 percent of the White Rose Park from OIRP Investment 10, part of Orion Capital Managers, for £110 million (€132 million/$144 million).
Fundraising | Mar 8, 2022 Newcore Capital Management seeks $394m for social infrastructure fund by Kali Persall Newcore Capital Management, a U.K.-based social infrastructure real estate investment manager, has launched a new £300 million ($394 million) value-add social infrastructure fund for institutional and family office investors.
Transactions | Mar 8, 2022 U.S. insurance company, Middle Eastern sovereign wealth fund make first Italian deal for €1b JV by Andrea Zander Barings has agreed the forward purchase of a 90,000-square-meter (968,750-square-foot) class A logistics development in Mantua, Italy, in an off-market transaction on behalf of PELV, a pan-European logistics joint venture between a U.S. insurance company and a Middle Eastern sovereign wealth fund targeting core-plus/value-add assets.
Research | Mar 8, 2022 Despite near-term public market headwinds, REIT and commercial real estate outlook remains positive by Released REIT M&A volume soared to $140 billion in 2021, marking one of the strongest years on record.
Research | Mar 8, 2022 Retail recovery poised to accelerate this year by Andrea Zander Austin’s growing appeal as a relocation destination for both companies and individuals is fostering the creation of new employment opportunities and households.
Transactions | Mar 8, 2022 Lone Star pays €368m for 11 student housing properties by Andrea Zander Student accommodation provider Unite Group has sold a portfolio of 11 properties to an affiliate of Lone Star Funds for £306 million (€368 million/$401 million).
Fundraising | Mar 7, 2022 Evoke Advisors closes industrial real estate fund by Kali Persall Evoke Industrial Real Estate Fund I, a closed-end industrial fund managed by Evoke Advisors, closed in late 2021 with more than $109.6 million of capital commitments.
Investors | Mar 7, 2022 New Mexico SIC strengthens noncore portfolio with Blackstone, EQT Exeter commitments by Kali Persall New Mexico State Investment Council (NMSIC) has voted to commit $175 million to two real estate funds on behalf of its noncore real estate portfolio.
People | Mar 7, 2022 Anthony Curtiss appointed deputy CIO of Texas ERS by Kali Persall The Employees Retirement System (ERS) of Texas has named Anthony Curtiss as deputy CIO, effective March 1.
Transactions | Mar 7, 2022 StoryPoint Senior Living JV purchases senior living portfolios, totaling $548m by Andrea Zander StoryPoint Senior Living in partnership with Welltower has agreed to purchase three distinct senior living portfolios.
Transactions | Mar 7, 2022 Related Cos. JV buys two Silicon Valley Developments in Santa Clara and Cupertino by Released A joint venture between Related Cos. and Atria Senior Living, in conjunction with Welltower Inc., signed a strategic partnership to develop two world class senior living communities in Silicon Valley, one in Santa Clara, Calif. (graphic above), and the other in Cupertino, Calif., as part of a larger strategic partnership among the three companies.
Investors | Mar 7, 2022 Welltower reorganizes into UPREIT structure by Released Welltower announced that it intends to implement a holding company reorganization that would structure Welltower as an Umbrella Partnership REIT, or UPREIT.
Transactions | Mar 7, 2022 Brookfield expands into student accommodation in Australia by Andrea Zander Brookfield has made its first investment in the student accommodation sector in Australia.
Transactions | Mar 7, 2022 Westbrook Partners buys industrial portfolios for €208m by Andrea Zander Westbrook Partners has acquired two urban logistics portfolios for £172.5 million (€208.78 million/$274 million).
Transactions | Mar 7, 2022 AXA IM Alts JV makes 237-unit multifamily acquisition in Charlotte by Released AXA IM Alts has acquired Metro 808, a 237-unit multifamily asset in Charlotte, N.C.
