Fundraising | Mar 9, 2022 Ardian launches real estate debt strategy by Kali Persall Ardian has created a real estate-debt strategy.
Transactions | Mar 9, 2022 Metlife's Mountain Technology Center becomes first U.S. development to earn BREEAM INC Certification by Released BREEAM has announced that Mountain Technology Center is the first development in the U.S. to earn BREEAM International New Construction (INC) certification.
Transactions | Mar 9, 2022 Lineage Logistics acquires MTC Logistics, expanding access to ports by Released Lineage Logistics has acquired MTC Logistics (MTC), a cold-chain provider with four strategic locations on or near the ports of Baltimore, Wilmington, Del., and Mobile, Ala.
Fundraising | Mar 9, 2022 Jadwa Investment launches new real estate fund in the Middle East by Kali Persall Jadwa Investment has launched a new closed-end real estate fund in partnership with Liwan Real Estate Company and Riyad Bank.
Transactions | Mar 8, 2022 ElmTree Funds buys five properties for $275m by Released ElmTree Funds has acquired five assets for $275 million on behalf of its flagship fund, ElmTree U.S. Net Lease Fund IV.
Transactions | Mar 8, 2022 U.S. Realty Advisors invests $580m in real estate investments by Released U.S. Realty Advisors (USRA) has paid $580 million for four single-tenant net-lease assets in separate deals.
Transactions | Mar 8, 2022 Ghelamco sells The Warsaw HUB to Google for €583m by Andrea Zander Ghelamco has sold its Warsaw Hub Development to Google for €583 million ($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.
