Investors | Dec 8, 2022 Alaska Permanent Fund Corp. throws $300m into Fairfield, Aimco real estate funds by Kali Persall The $73 billion Alaska Permanent Fund Corp. (APFC) has disclosed $600 million of real estate investments, according to Dec. 7 meeting notes.
Research | Dec 8, 2022 Companies are paying more to rent space in Asia’s green buildings by Andrea Zander Occupiers in Asia are paying a rental premium of up to 28 percent for green certified offices in major Asia cities.
Transactions | Dec 8, 2022 Hines makes first investment in Japan's multifamily sector by Andrea Zander Hines Asia Property Partners (HAPP), the firm’s flagship commingled Asia Pacific core-plus fund, has acquired 11 multifamily properties in Japan.
People | Dec 8, 2022 CapitaLand Investment names new COO by Released CapitaLand Investment Limited (CLI) has named a new COO.
Investors | Dec 8, 2022 Blackstone chief defends BREIT decision of limiting withdraws by Andrea Zander Jon Gray, Blackstone president and COO, defends the firm’s the Blackstone Real Estate Income Trust (BREIT) decision to limiting withdrawals from the $69 billion REIT, on CNBC.
Research | Dec 7, 2022 Schroders top 10 predictions for 2023: Favors short-duration high-yield bonds, Hong Kong and mainland Chinese equities, clean energy by Released Over the course of 2022, global asset returns are among the worst on record, and challenges have persisted, according to Schroders in its report of 10 predictions for 2023 across various asset classes, which highlights the importance of a dynamic asset allocation and diversification investment approach in the face of economic headwinds.
Investors | Dec 7, 2022 Texas TRS contributes $100m to NB Alternatives Advisers’ fund by Kali Persall The Teacher Retirement System (TRS) of Texas has disclosed a $100 million commitment to AIMS Sidecar I, an opportunistic strategy managed by NB Alternatives Advisers, as part of its real estate exposure.
Research | Dec 7, 2022 Mall visits slip 6.4% in November — is it the economy, or a result of the extended shopping season? by Andrea Zander Visits to malls around the country during one of the busiest months of the year were down compared to 2021 and 2019.
Fundraising | Dec 7, 2022 InvestNet seeks $100m for new single-family investment fund by Kali Persall InvestNet has launched a new investment fund.
Transactions | Dec 7, 2022 STORE Capital announces CFIUS approval for proposed acquisition by GIC and Oak Street by Released STORE Capital Corporation announced that the Committee on Foreign Investment in the United States (CFIUS) has approved the previously announced all-cash acquisition of the company by affiliates of GIC and funds managed by Oak Street.
Transactions | Dec 7, 2022 Union Investment and GARBE enters Italy with €145m logistics portfolio by Released Union Investment and GARBE Industrial Real Estate have entered the Italian logistics market with a €145 million ($152 million) logistics acquisition.
Fundraising | Dec 7, 2022 Bouwinvest appoints Maya Savelkoul to oversee launch of community impact fund by Kali Persall Maya Savelkoul has been named director, Dutch impact investments at Bouwinvest and will oversee the launch of the firm’s Bouwinvest Community Impact Fund.
Transactions | Dec 7, 2022 Brennan acquires 37 acres in Thornton, Colo. by Released Brennan Investment Group has acquired approximately 37 acres
Investors | Dec 7, 2022 TRS Louisiana approves $250m of commitments for Berkshire, Harbert, Waterton funds by Kali Persall The Teachers' Retirement System (TRS) of Louisiana has approved three commitments on behalf of its private markets portfolio.
Investors | Dec 7, 2022 South Carolina Retirement System places $75m in value-add fund by Kali Persall The South Carolina Retirement System Investment Commission has invested $75 million to a closed-end vehicle managed by Equus Capital Partners.
Investors | Dec 7, 2022 Hawaii ERS appoints new CIO following extensive search by Kali Persall The $21.97 billion Employees’ Retirement System (ERS) of the State of Hawaii has appointed Kristin Varela as its new CIO following a nationwide search that yielded a pool of more than 200 applicants.
Transactions | Dec 6, 2022 Crescent Real Estate sells class A office portfolio in Colorado Springs by Released Crescent Real Estate has sold a premier class A office portfolio totaling 1.02 million square feet in Colorado Springs, Colo.
Research | Dec 6, 2022 U.K. hotel trading performance in 2022 exceeds expectations by Andrea Zander The U.K. hotel market has continued in its recovery, delivering a strong trading performance. Domestic leisure demand fueled the early recovery, but this has been supported by robust demand for business travel as well as flexible working trends generating new sources of demand.
Investors | Dec 6, 2022 Fortress Investment Group invests in modular housing manufacturer by Andrea Zander Modular housing manufacturer ilke Homes has raised a record-breaking £100 million (€116 million/$122 million) from new and existing shareholders.
Investors | Dec 6, 2022 Blackstone-backed Legence acquires LORD Green Strategies by Released Legence, a Blackstone company, announced its acquisition of LORD Green Strategies, a sustainability consultancy headquartered in Texas.
