Research | Feb 15, 2022 IREI.Q: Fourth quarter activity sets records by Denise Moose Following a fundraising surge that posted a record-setting third quarter total of $40.8 billion, fourth quarter 2021 raised $64.8 billion, the highest fourth quarter total ever recorded, according to the IREI.Q database.
Transactions | Feb 14, 2022 GIC JV sells India-based mall for $251m by Andrea Zander The Abu Dhabi Investment Authority-backed Lake Shore India Advisory has acquired Viviana Mall in Thane, India.
Transactions | Feb 14, 2022 American Finance Trust closes first tranche of $1.3b acquisition by Released American Finance Trust through its operating partnership, completed the initial acquisition of 44 open-air shopping centers for a total of $547 million.
Investors | Feb 14, 2022 Apollo to invest in Aldar through landmark $1.4b transaction by Andrea Zander Aldar Properties PJSC and Apollo Global Management have signed a landmark commitment that will see Apollo-managed funds and clients invest a total of $1.4 billion in strategic capital to drive Aldar’s transformational-growth initiatives.
Investors | Feb 14, 2022 Manulife takes stake in ARCH Capital to form Asia real estate partnership by Andrea Zander Manulife Investment Management has formed a strategic partnership with ARCH Capital Management, a Hong Kong-based Asia-focused real estate-investment boutique.
Transactions | Feb 14, 2022 Crown Resorts backs $6.3b Blackstone bid by Andrea Zander Australia’s Crown Resorts has agreed to the sale of all of its shares to Blackstone for $6.5 billion.
Investors | Feb 14, 2022 CalPERS selects new asset-allocation mix by Kali Persall In November 2021, the California Public Employees’ Retirement System (CalPERS) selected a new asset-allocation mix that will guide the fund’s investment portfolio for the next four years.
Research | Feb 14, 2022 Commercial real estate lending continues to rise with markets highly liquid by Released Commercial real estate lending markets were highly liquid in fourth quarter 2021 and the availability of debt capital continued to expand.
Transactions | Feb 14, 2022 Round Hill Capital, CPP Investments purchase 506-student bed acquisition in the Netherlands by Released Round Hill Capital has purchased a new 506-bed asset in Maastricht, the Netherlands.
Transactions | Feb 14, 2022 LaSalle acquires fulfilment center in Verona, Italy, on behalf of Encore+ by Released LaSalle Investment Management acquired Verona DC1, a fulfilment center in Verona, Italy, a center of strategic importance connecting Northern and Southern Europe.
Research | Feb 14, 2022 Asia Pacific hotels industry attracts $8.5b of investment in 2021 by Andrea Zander Asia Pacific’s hotel market recorded a sharp investment rebound in 2021.
People | Feb 14, 2022 PSP Investments’ president and CEO announces future retirement by Released The C$204.5 billion ($160.5 billion) Public Sector Pension Investment Board (PSP Investments) announced the retirement of Neil Cunningham, president and CEO, to take place on March 31, 2023.
Investors | Feb 14, 2022 Illinois Municipal Retirement Fund allocates $75m to TA Realty Value-Add Fund XIII by Kali Persall The $55.8 billion Illinois Municipal Retirement Fund (IMRF) has approved up to $75 million to the TA Realty Value-Add Fund XIII, a vehicle managed by TA Realty.
People | Feb 14, 2022 Whitestone REIT appoints new COO by Released Whitestone REIT has appointed Christine Mastandrea as executive vice president of corporate strategy to COO.
Fundraising | Feb 14, 2022 SilkRoad holds first close for core-plus real estate fund by Kali Persall SilkRoad Property Partners has completed a first close of its open-ended core-plus real estate fund with $144 million, including top-up commitments.
Research | Feb 14, 2022 Commercial real estate values forecast to rise 11% in 2022 by Andrea Zander With inflation being potentially being less transitory than thought a few quarters ago.
Transactions | Feb 11, 2022 Piedmont Office Realty Trust sells two-building trophy office/research campus for $129m by Andrea Zander Piedmont Office Realty Trust has sold a two-building trophy office/research campus in Woburn, Mass., for $129 million, according to the firm’s fourth quarter report.
People | Feb 11, 2022 PFA pension group CEO steps down by Kali Persall Allan Polack, group CEO of Denmark’s PFA Pension, has resigned after seven years in the role.
Transactions | Feb 11, 2022 Real I.S. sells Bielefeld logistics property of its BGV III fund by Released Real I.S. AG has sold a logistics property, located on Ludwig-Erhard-Allee in Bielefeld, Germany.
Research | Feb 11, 2022 Asia Pacific real estate investments rose 26 percent in 2021 compared to 2020, hitting pre-pandemic levels by Released Asia Pacific’s commercial real estate market attracted $177 billion in direct investments in 2021, with capital-deployment volumes returning to levels last seen in 2019.
