Transactions | Dec 16, 2022 Invesco Real Estate, Logport Development to develop major last-mile Prague logistics park for U.S. client by Released Invesco Real Estate has committed to develop a last-mile logistics facility strategically located in Prague.
Transactions | Dec 16, 2022 Harrison Street sells four student housing assets within UK PBSA portfolio by Released Harrison Street has sold four purpose-built student housing properties in the United Kingdom to City Developments Limited (CDL).
Transactions | Dec 16, 2022 Highwoods, Granite Properties JV acquires mixed-use asset in Dallas for $395m by Andrea Zander Highwoods Properties has acquired McKinney & Olive, a 557,000-square-foot trophy mixed-use asset in the heart of Uptown Dallas, in a 50-50 joint venture with Granite Properties.
Transactions | Dec 16, 2022 Lendlease, Aware Super JV receives $360m of construction financing for Brooklyn waterfront community by Andrea Zander A joint venture of Lendlease and Aware Super has received a $360 million construction loan for 1 Java Street, a 36-story, mixed-use waterfront development in the Greenpoint neighborhood of Brooklyn adjacent to the East River.
Investors | Dec 15, 2022 TRS Illinois contributes $100m to Locust Point Private Credit Fund III by Kali Persall The $60.7 billion Teachers’ Retirement System (TRS) of the State of Illinois has committed $100 million to Locust Point Private Credit Fund III, a vehicle managed by Locust Point Capital.
Investors | Dec 15, 2022 Connecticut proposes 2023 pacing plan for real estate asset class by Kali Persall The $44.7 billion Connecticut Retirement Plans and Trust Funds (CRPTF) has proposed a pacing plan for 2023.
Transactions | Dec 15, 2022 Cromwell Property Group, Bain Capital to develop logistics warehouse in southern Italy by Andrea Zander Real estate investor and fund manager Cromwell Property Group will co-invest with Bain Capital Special Situations to develop a 55,000-square-meter (592,000-square-foot) modern class A logistics warehouse in Bari in southern Italy.
Transactions | Dec 15, 2022 Blackstone acquires Swedish portfolio from Corem for €490m by Andrea Zander Corem Property Group has signed an agreement to divest a portfolio of 47 properties.
Transactions | Dec 15, 2022 Square Mile Capital, Bank OZK arrange $202m construction loan for Bioterra Life Sciences Development in San Diego by Andrea Zander Square Mile Capital Management and Bank OZK have provided $202.6 million in construction financing for Bioterra.
Transactions | Dec 15, 2022 Generali Real Estate fund grows its portfolio in Frankfurt by Andrea Zander Generali Real Estate strengthens its presence in the Frankfurt real estate market.
Transactions | Dec 15, 2022 PATRIZIA's Kinland seals €76m deal for Nordic social infrastructure portfolio by Released PATRIZIA portfolio company Kinland AS has agreed to acquire a portfolio of 28 social infrastructure properties in Finland.
Research | Dec 15, 2022 Green shoots of recovery expected by the end of 2023 for U.K. real estate by Andrea Zander Real estate investment markets are expected to emerge from a period of uncertainty, and pricing will likely stabilize toward the end of 2023, with a continued flight to quality and ESG being key drivers of activity across all asset classes, according to the UK Real Estate Market Outlook 2023 published by CBRE.
Transactions | Dec 15, 2022 Hines acquires six Dutch logistics assets by Released Hines has advised its Hines European Core Fund (HECF) on the acquisition of six fully occupied logistics assets in the Randstad area in Aalsmeer, Honselersdijk and Rijnsburg in The Netherlands.
Transactions | Dec 15, 2022 Savills IM acquires commercial properties in France and Italy for German pension fund by Released Savills Investment Management (Savills IM), the international real estate investment manager, has acquired two properties in Lyon, France, and Milan, Italy.
Transactions | Dec 15, 2022 Meta shelves data center project in Denmark by Kali Persall Meta Platforms Inc., formerly known as Facebook Inc., has stopped construction of two data centers in Denmark.
People | Dec 14, 2022 Longfellow Real Estate Partners team grows in United Kingdom by Released Longfellow Real Estate Partners announced the expansion of its U.K. platform with the addition of Tom French as director of design & construction.
Fundraising | Dec 14, 2022 Northern Horizon closes fourth Nordic aged-care fund by Kali Persall Northern Horizon has confirmed the final closing of its fourth Nordic aged-care fund.
People | Dec 14, 2022 Harbor Group International hires CIO to lead office investment platform by Kali Persall Harbor Group International (HGI), a privately owned international real estate investment and management firm, has appointed Mike Nathan as CIO — office.
Investors | Dec 14, 2022 Contra Costa County employees contributes $80m to Blackstone secondaries fund by Kali Persall The Contra Costa County (Calif.) Employees’ Retirement Association (CCCERA) has committed to a real estate strategy managed by Blackstone, according to a board meeting packet from Dec. 14.
People | Dec 14, 2022 AIMCo appoints new CIO by Kali Persall Alberta Investment Management Corp. has appointed Marlene Puffer as CIO.
