Transactions | Jun 6, 2022 SL Green announces sale of 609 Fifth Avenue in NYC by Released SL Green Realty Corp. has sold the vacant office condominium at 609 Fifth Avenue in Manhattan to a domestic investor for a gross sale price of $100.5 million.
Investors | Jun 6, 2022 CLP Power, CLPe to develop sustainable data centers and logistics centers in China by Released CLP Power Hong Kong Limited (CLP Power) and CLPe Group (CLPe) have signed a memorandum of understanding (MoU) with ESR HK Limited (ESR).
Transactions | Jun 6, 2022 American Homes 4 Rent and Värde Partners enter into $500m land banking facility agreement by Andrea Zander American Homes 4 Rent (AMH), a provider of high-quality single-family homes for rent, and Värde Partners have entered into a land banking facility agreement.
Transactions | Jun 6, 2022 DP World, CDPQ announce $5b investment in strategic assets in the UAE by Released DP World, a global infrastructure-led supply chain solutions provider, and CDPQ, a global investment group, announced an investment of $5 billion in three of DP World's flagship UAE assets.
Transactions | Jun 6, 2022 LaSalle receives a resolution to grant planning permission from London for redevelopment by Released On behalf of Malaysian investor Permodalan Nasional Berhad (PNB), LaSalle Investment Management and development manager M3 Consulting have received a resolution to grant planning permission for the redevelopment of One Exchange Square in London.
Investors | Jun 6, 2022 GPA appoints BNP Paribas Real Estate as new strategic partner by Released The Government Property Agency (GPA) has appointed BNP Paribas Real Estate (BNPPRE) as its new strategic partner for national property and property-related financial services.
Investors | Jun 6, 2022 Ashcroft Capital closes new partnership backed by institutional investors by Andrea Zander Ashcroft Capital has closed a strategic partnership with institutional investors including investment funds advised by Goldman Sachs Asset Management and Blackstone Strategic Partners.
Investors | Jun 6, 2022 Apartment market sees continued rental growth in 2022 by Loretta Clodfelter Rent growth in the multifamily sector has held up strong in 2022, despite concerns about a softening economy.
Transactions | Jun 6, 2022 China SF REIT pays $81m for logistics property by Andrea Zander China SF REIT, one of the first and only logistics-focused REIT listed in Hong Kong, has acquired a warehouse complex in central China for RMB 540 million ($81.2 million).
Investors | Jun 3, 2022 District of Columbia puts $100m in open-ended Carlyle fund, rehires Meketa by Kali Persall The District of Columbia Retirement Board (DCRB) has slated an initial $100 million for Carlyle Property Investors (CPI), according to a board meeting document released in late May.
Investors | Jun 3, 2022 CapitaLand Investment commits to Net Zero by 2050 by Released CapitaLand Investment Limited (CLI) has elevated its commitment to sustainability by aiming to achieve Net Zero emissions by 2050.
Transactions | Jun 3, 2022 CIM Group acquires Cement plant property in Hollywood by Released CIM Group announced the acquisition of multiple parcels totaling 1.6 acres, at a high-profile location on and around 1000 N. La Brea Ave.
Investors | Jun 3, 2022 Artemis Real Estate Partners Healthcare Fund II picks up Jacksonville Police & Fire as an investor by Kali Persall The Jacksonville (Fla.) Police & Fire Pension Fund (PFPF) has committed $25 million to Artemis Real Estate Partners Healthcare Fund II.
Investors | Jun 3, 2022 San Antonio Fire & Police makes $30m re-up in EQT Exeter US Industrial Value Add Fund VI by Kali Persall The EQT Exeter US Industrial Value Add Fund VI has added a new $30 million commitment from the San Antonio Fire & Police Pension System.
Transactions | Jun 3, 2022 London tourist attraction up for sale with €1.75b price tag by Andrea Zander Camden Market, famed for its market, a warren of fashion and curiosities by the Regent’s Canal in London, has been placed on the market for £1.5 billion (€1.76 billion/$1.88 billion).
Transactions | Jun 3, 2022 Starhotels to open 150 apartments in Florence with Hines and Blue Noble by Released Joint investors Hines and Blue Noble, an international real estate investment manager, confirm that a lease agreement with Starhotels.
Transactions | Jun 3, 2022 CalPERS JV begins renovations at Las Vegas mall by Andrea Zander Institutional Mall Investors, a joint venture between Miller Capital Advisory and California Public Employees' Retirement System (CalPERS), has started renovations at Miracle Mile Shops at Planet Hollywood Resort & Casino.
Research | Jun 3, 2022 May job gains total 390,000 by Loretta Clodfelter The U.S. economy gained 390,000 jobs in May, according to the Bureau of Labor Statistics, and the unemployment rate held steady at 3.6 percent.
People | Jun 3, 2022 Bouwinvest appoints new senior portfolio manager European investments by Released Bouwinvest Real Estate Investors has appointed Hielke Bokma as senior portfolio manager European Investments.
Transactions | Jun 3, 2022 Gray Capital purchases 122-unit apartment property, first acquisition of $100m multifamily fund by Released Gray Capital has closed on Stonybrook Commons, a 122-unit apartment community on Indianapolis' East side, built in 1991.