People | Mar 1, 2022 CBRE appoints new Asia Pacific head of advisory & transaction services by Released CBRE has appointed Luke Moffat as regional managing director, head of advisory & transaction services, Asia Pacific.
Fundraising | Mar 1, 2022 Europa Capital launches new logistics platform in Central Europe, plans park development by Kali Persall Europa Capital has partnered with White Star Real Estate to launch a new Central European Logistics Platform on behalf of its latest value-add fund, Europa Fund VI.
Investors | Mar 1, 2022 CPP Investments, RMZ Corp form second office JV by Andrea Zander Canada Pension Plan Investment Board (CPP Investments) and Bengaluru-based RMZ Corp. have formed a second joint venture to develop and own commercial office space in India.
Transactions | Mar 1, 2022 Oxford Properties Group makes first investment in Philadelphia by Andrea Zander Ensemble/Mosaic and Oxford Properties Group have entered into a strategic partnership that will, over time, own and develop up to 3 million square feet of life science properties at the Navy Yard in Philadelphia.
Investors | Mar 1, 2022 Oklahoma Public Employees seeks investment consultant by Kali Persall The Oklahoma Public Employees Retirement System (OPERS) has launched an RFP.
Fundraising | Mar 1, 2022 Principal European Data Centre Fund achieves first closing by Kali Persall Principal Real Estate has completed the first close of its European data center fund.
Real Estate | Mar 1, 2022 CIM Group and Tides Equities acquire largest market rate apartment community in Phoenix by Andrea Zander CIM Group, in partnership with Tides Equities, has acquired Del Mar Terrace, a 1,012-unit apartment community in Phoenix, in a $255 million off-market transaction.
Fundraising | Mar 1, 2022 H.I.G. Capital closes H.I.G. Realty Partners IV Fund by Andrea Zander H.I.G. Capital has closed its fourth U.S. Realty Partners fund, H.I.G. Realty Partners IV.
Transactions | Mar 1, 2022 Kennedy Wilson and Partners acquire three multifamily communities for $264m by Released Kennedy Wilson and its partners have in separate transactions acquired three multifamily communities for a total of $264 million, excluding closing costs.
Fundraising | Mar 1, 2022 Wheelock Street Real Estate Long Term Value Fund surpasses $800m by Kali Persall Wheelock Street Capital has secured more than $812 million for its Wheelock Street Real Estate Long Term Value Fund.
Investors | Mar 1, 2022 Staying ahead of the curve: Key trends and strategies shaping the real estate industry in 2022 by Dr. Marie Puybaraud, JLL The global COVID-19 pandemic has been a massive accelerant of change and transformation for all industries and workplaces. While some of these changes, such as the push toward a more tech-enabled and sustainable world, were a long time in the making, others, like evolving working habits, were greatly accelerated by the pandemic.
A look at global real estate capital flows by Andrea Zander Surveys indicated investors are enthusiastic about their investment plans for 2022, following such a record year.
Single-family rental is a promising investment opportunity by Carolyn Marshall Single-family rental (SFR) homes promise to be a hot commodity in 2022. Investors have been mesmerized by the prospects and are banking on what some see as a groundbreaking shift away from the urban ambience of high-rise apartments to suburbia’s aura of open space and single-family dwellings.
Maintain a flexible investment approach by Joe Chien COVID-19 has had a profound impact on the real estate market, with capital shifting increasingly toward the residential and industrial sectors and away from office and retail. To remain flexible in this environment, Partners Group combines its thematic investment approach — targeting subsectors that benefit from transformative trends — with situational investing in opportunities that have a strong need for a solutions provider.
South Korea’s property market is more consumer-based by Jaryoung Choi South Korean real estate asset sales prices have increased due to high liquidity and demand, despite the COVID-19 pandemic. In 2021, national commercial real estate trading volume was KRW 21.5 trillion ($18.0 billion), an increase of approximately 75 percent (CAGR 12 percent) over the KRW 12.4 trillion ($10.3 billion) seen in 2016.
A roundtable discussion on South Korea by Jennifer Molloy Compared with other nations, South Korea has weathered the pandemic well and, as a result, has seen increased interest in its property markets from foreign investors. In January, Institutional Real Estate Asia Pacific senior editor Jennifer Molloy spoke with three experts on South Korea.
SPONSORED: Trei Real Estate – The pandemic created ‘pockets of opportunity’ in Europe property markets by Jennifer Babcock The economic recovery from COVID-19 restrictions was swift. “When the economy opened after the Delta wave, we were trading 20 percent above 2019 levels for 10 weeks,” said Keith Breslauer, managing director and senior partner of Patron Capital Partners.
SPONSORED: Actis – What investors need to know about South Korea’s property markets by Jennifer Babcock Property markets in South Korea can offer solid investment opportunities, but managers need deep knowledge of the local players, the local ESG requirements and the different ways participants in development work together to build properties in this market, according to Brian Chinappi, partner and head of real estate based in Hong Kong, and Scott Choi, director, real estate, based in Seoul, both of Actis.
SPONSORED: Nuveen Real Estate – Real estate can still offer hedge against inflation by Jennifer Babcock Rising inflation has caused some investors to question whether real estate still serves as an effective inflation hedge. The answer is a qualified yes, according to Donald Hall, head of research, Americas, for Nuveen Real Estate.
SPONSORED: Morgan Stanley Real Estate Investing – Global property market recovery likely to moderate in the year ahead by Jennifer Babcock A sponsored report by Morgan Stanley Real Estate Investing, 2022 global real estate outlook — Late-cycle investing philosophy comes early, which was published in the March issue of Institutional Real Estate Americas, breaks down the property markets sector by sector to examine the likely effects higher inflation, increased competition for core property assets and accelerating prices will have on global property markets in 2022.