People | Feb 16, 2022 Manulife names new global head of real estate for private markets by Released Manulife Investment Management has named Marc Feliciano as global head of real estate, private markets.
Research | Feb 16, 2022 146 more U.S. cities pass the $1m home value mark, the most ever in a single year by Released A record 146 U.S. cities became new “million-dollar cities” in 2021, Zillow data shows.
Transactions | Feb 16, 2022 Tristan Fund acquires Northwest Paris office campus for €175m by Released CCP 5 L.L, a fund managed by Tristan Capital Partners, has acquired the iconic Ateliers du Parc office campus.
Transactions | Feb 16, 2022 Blackstone Real Estate Income Trust to acquire Preferred Apartment Communities for $5.8b by Andrea Zander Preferred Apartment Communities has entered into a $5.8 billion definitive agreement with Blackstone Real Estate Income Trust
People | Feb 16, 2022 ATP Group CEO to resign this summer by Kali Persall Bo Foged, CEO of ATP Group, Denmark’s largest pension fund, has announced his resignation after more than seven years in the role.
Transactions | Feb 16, 2022 Realty Income makes first gaming industry buy, totaling $1.7b by Andrea Zander Realty Income Corp. has signed a definitive agreement to acquire the Encore Boston Harbor Resort and Casino for $1.7 billion.
Investors | Feb 16, 2022 Firms call on investment managers to focus on affordable housing in the U.K. by Marek Handzel Cardano and Big Society Capital have called on real estate managers to focus on fund strategies that increase the supply of good quality, affordable housing in the United Kingdom.
Transactions | Feb 15, 2022 Macquarie Asset Management purchases 3.8msf multi-level logistics warehouse by Released Macquarie Asset Management Real Estate has finalized the purchase of a newly-opened, almost four million square foot warehouse distribution facility.
Transactions | Feb 15, 2022 Investcorp announces $640m industrial acquisition by Released Investcorp has acquired 64 industrial properties totaling approximately 5.6 million square feet across seven major U.S. markets for $640 million.
Transactions | Feb 15, 2022 Blackstone announces €21b recapitalization of Mileway by Released Blackstone announced that existing investors in Mileway , have agreed to recapitalize the company.
People | Feb 15, 2022 Prologis announces new CFO by Released Tim Arndt will be the new CFO of Prologis effective April 1, 2022.
Transactions | Feb 15, 2022 WashREIT achieves first-ever BREEAM certification for multifamily industry by Released WashREIT announced the successful certification of eight multifamily assets under BREEAM’s In-Use certification standard.
Transactions | Feb 15, 2022 Global Student Accommodation buys 1,450-bed portfolio by Released Global Student Accommodation (GSA) has purchased a portfolio of 1,450 beds across four student housing assets from real estate investment and development firm Rael Development Corporation.
Investors | Feb 15, 2022 Texas ERS commits $100m to AEW, PAG real estate funds by Kali Persall The $35.5 billion Employees’ Retirement System (ERS) of Texas made two new commitments to private real estate funds during the month of January, according to a recent investment report.
Fundraising | Feb 15, 2022 DRC Savills Investment Management raises €600m for high-yield debt strategy by Kali Persall DRC Savills Investment Management has completed a final close of its fourth fund.
Transactions | Feb 15, 2022 National Real Estate Advisors JV receives $260m in refinancing for mixed-use development by Released National Real Estate Advisors, JOSS Realty Partners, SSH and Young Capital have plans to develop East Market.
Fundraising | Feb 15, 2022 Bell Partners closes $930m core venture by Andrea Zander Bell Partners has completed the final close for its core multifamily venture.
Fundraising | Feb 15, 2022 The Bascom Group raises $150m for fifth value-add apartment fund by Kali Persall The Bascom Group has closed the offering for its fifth fund.
Transactions | Feb 15, 2022 Lendlease REIT to acquire commercial complex for $1.5b by Andrea Zander Lendlease Global Commercial REIT (LREIT) has plans to acquire the remaining interests in the property known as Jem.
Transactions | Feb 15, 2022 PATRIZIA further increases logistics footprint with acquisition of two German logistics assets for €139m by Released PATRIZIA AG has acquired two logistics assets in western Germany.