Research | Sep 9, 2022 U.S. retail net absorption remains positive for sixth consecutive quarter by Andrea Zander U.S. retail net absorption remained positive for the sixth consecutive quarter but dipped 12.2 percent to 18.9 million square feet, according to JLL. Total transaction volume coming in just less than $44.7 billion, including M&A transactions, an 81 percent increase year-over-year.
Research | Sep 9, 2022 European logistics occupier market proves resilient in H1 2022 by Andrea Zander The European logistics occupier market has shown good resilience during the first half of 2022.
Transactions | Sep 9, 2022 Swiss Life Asset Managers, Norges Bank Investment Management to invest in Berlin and Paris through an investment vehicle by Andrea Zander Swiss Life Asset Managers and Norges Bank Investment Management have acquired two landmark office buildings: VoltAir, a 30,000 square-meter (322,917-square-foot) property in Berlin and 86 Boulevard Haussmann, a 11,000-square-meter (118,403-square-foot) building in the heart of Paris.
Transactions | Sep 9, 2022 Berlin project sells for €456m by Andrea Zander Luxembourg-based real estate company Vivion Investments has agreed to acquire two segments of the Quartier Heidestrasse project.
Transactions | Sep 9, 2022 GARBE science & technology real estate fund buys The Lab in Berlin by Released GARBE Institutional Capital has acquired The Lab in Berlin for the GARBE Science and Technology Real Estate Fund 1 (GARBE STREF#1).
Investors | Sep 9, 2022 Aware Super unveils $4.7b real estate platform by Kali Persall Aware Super, Australia’s third-largest fund, has launched a new A$7 billion ($4.7 billion) real estate platform, Aware Real Estate.
Transactions | Sep 9, 2022 Flaherty & Collins Properties announces $200m waterfront mixed-use project by Andrea Zander Flaherty & Collins Properties announced a $200 million mixed-use waterfront development at Steelepointe Harbor.
Fundraising | Sep 9, 2022 WSB Real Estate Partners, Blacksoil Group hit target for real estate debt fund by Kali Persall WSB Real Estate Partners has raised more than its target Rs 500 crore ($66.7 million) for its residential property debt fund.
Investors | Sep 9, 2022 South Carolina Retirement System puts $200m in Blackstone, EQT Exeter funds by Kali Persall The South Carolina Retirement System Investment Commission has awarded $100 million each to two funds.
Transactions | Sep 9, 2022 Barings takes ownership of Digital Realty data center in Stockholm by Kali Persall Barings has acquired a Digital Realty data center in Stockholm from Pictet Alternative Advisors and Brunswick Real Estate.
Transactions | Sep 9, 2022 Multi Corporation makes first direct acquisition since buyout from Blackstone by Andrea Zander Multi Corporation has acquired three grocery-anchored retail centers in the Netherlands with a combined gross leasable area of almost 18,000 square meters (193,750 square feet).
Research | Sep 9, 2022 Oxford Economics: Teetering on the edge of global recession by Released Recent data provide conflicting signals about the underlying health of the global economy, according to Oxford Economics.
Transactions | Sep 9, 2022 Nuveen Global Cities REIT acquires $300m of medical office properties by Andrea Zander Nuveen Global Cities REIT (GCREIT) has acquired a 10-building healthcare portfolio.
Investors | Sep 9, 2022 ESR Partners, GIC to launch ESR Australia Logistics Partnership III by Andrea Zander ESR Group and GIC have announced the extension of the core plus logistics strategy with the launch of EALP III and an equity commitment of A$600 million ($405 million).
Investors | Sep 8, 2022 Iowa Public Employees' Retirement System logs positive returns for private real assets class by Kali Persall The Iowa Public Employees' Retirement System (IPERS) saw a net investment return of -3.9 percent for the fiscal year ending June 30, against a policy benchmark of -4.05 percent. The pension fund’s investment return for the quarter of -7.53 percent, net of fees.
Transactions | Sep 8, 2022 $278m financing secured for Massachusetts life science development by Released A joint venture between CV Properties, Cannon Hill Capital Partners and L&B Realty Advisors has secured the $278 million construction financing for Boynton Gateway, a to-be-developed, nine-story, 334,000-square-foot life science facility in Somerville, Mass.
Transactions | Sep 8, 2022 Toll Brothers, Equity Residential to develop three luxury rental communities in Dallas-Fort Worth area by Released Toll Brothers, through its Toll Brothers Apartment Living, and Equity Residential, have plans to develop three new luxury rental communities totaling 1,053 units in the Dallas-Fort Worth metropolitan area.
Transactions | Sep 8, 2022 Rexford Industrial pays $339m for seven L.A. industrial properties by Andrea Zander Rexford Industrial Realty has acquired seven industrial properties for an aggregate purchase price of $338.9 million.
Investors | Sep 8, 2022 Orange County Employees Retirement System invests $175m in two new real estate managers by Kali Persall The $20.9 billion Orange County (Calif.) Employees Retirement System (OCERS) has placed $175 million of capital with two real estate managers that are new for the pension fund.
Transactions | Sep 8, 2022 STACK Infrastructure and ESR partner to expand their APAC footprint into Korea with 48MW data center in Seoul by Released STACK Infrastructure and ESR Group have formed a joint venture to develop a 48-megawatt (MW) data center site in Incheon, Korea.