People | Oct 26, 2022 Global Student Accommodation strengthens U.S. team, appointing new director by Released Michael Neeley has joined Global Student Accommodation (GSA) as asset management director.
Transactions | Oct 26, 2022 Amro Partners and Falco Capital acquire new PBSA project in Alicante by Andrea Zander Amro has purchased a new student housing project in Alicante, Spain, alongside joint venture partner Falco Capital.
People | Oct 26, 2022 H.I.G. Realty hires Alessio Lucentini as real estate head of asset management in Europe by Released H.I.G. Capital has hired Alessio Lucentini as a managing director and head of real estate asset management in Europe.
Research | Oct 26, 2022 INREV: European non-listed real estate debt market grows steadily, led by the UK by Andrea Zander According to the 2022 INREV Debt Vehicles Universe study, the European non-listed real estate market has grown steadily to 98 vehicles with a total target equity of €60.3 billion ($60.71 billion)[1]. Over the last seven years, vehicles in the Universe have more than doubled in number and size.
Transactions | Oct 26, 2022 Security Properties JV makes second purchase, pays $104m for multifamily property in Seattle by Released A joint venture between Security Properties and STARS REI purchased 624 Yale, a trophy type-one midrise style multifamily property located in Seattle's South Lake Union neighborhood for $104 million.
Transactions | Oct 26, 2022 Manulife Investment Management announces acquisition of industrial warehouse in Fort Worth by Released Manulife Investment Management has acquired Alliance Gateway 11, a 788,160-square-foot industrial warehouse located in the NE Tarrant/Alliance submarket of Fort Worth, Texas.
Investors | Oct 26, 2022 SWIB to increase real estate allocation by Kali Persall The $166 billion State of Wisconsin Investment Board (SWIB) is planning a vote to increase its real estate allocation from 7 percent to 8 percent at the recommendation of investment adviser NEPC.
Investors | Oct 26, 2022 Chicago Public School Teachers' Pension & Retirement Fund backs Longpoint Realty Fund III by Kali Persall The Chicago Public School Teachers' Pension & Retirement Fund has approved a $35 million commitment to a value-added real estate fund managed by Longpoint Realty Partners.
Investors | Oct 26, 2022 Illinois SURS slates $50m for Torchlight Debt Opportunity Fund VIII by Kali Persall Illinois State Universities Retirement System (SURS) has set aside $50 million for a closed-end debt fund managed by Torchlight Investors.
Transactions | Oct 26, 2022 Swire Properties, China Tourism Duty Free Unit to develop retail complex in Hainan by Released Swire Properties has plans to partner with state-owned China Tourism Group Duty Free Corporation to develop a resort-style retail complex in Hainan province.
Transactions | Oct 26, 2022 Midway reveals mixed-use plans for former ConocoPhillips campus in Houston’s Energy Corridor by Andrea Zander Midway has revealed its plans to transform ConocoPhillips’ corporate headquarters site into a premier mixed-use destination that will be known as Watermark District at Woodcreek, Houston.
Transactions | Oct 25, 2022 Sydney office sells for $253m by Andrea Zander ESR Australia, part of the pan Asian logistics ESR group, and Partners Group of Switzerland on behalf of a client have closed the sale of its office tower at 73 Miller Street in North Sydney for A$400 million ($253 million).
Investors | Oct 25, 2022 Fiera Real Estate hires Cheyne duo to lead European debt strategy by Andrea Zander Fiera Real Estate UK Limited to set up a pan-European real estate debt strategy.
Transactions | Oct 25, 2022 Barings completes sale of logistics asset in France by Released Barings has completed the sale of an asset in Béziers, France.
Investors | Oct 25, 2022 Former Avant Homes CEO launches Sheffield-based housebuilding business by Andrea Zander The former chief executive of Avant Homes, Mark Mitchell, has plans to launch a new housebuilding venture backed by private equity firm Alchemy Partners.
Research | Oct 25, 2022 Retail real estate encourages comeback in United States by Andrea Zander The retail real estate has been mounting an encouraging comeback in the United States, according to Hines in its report.
Research | Oct 25, 2022 CBRE professionals in Asia Pacific see investors more risk averse by Kali Persall CBRE professionals in Asia Pacific see that a majority of investors have become more risk averse amid the rising interest rate environment.
Fundraising | Oct 25, 2022 Abacus Multi-Family Partners VI soars past $1.25b target by Kali Persall Abacus Capital Group has secured $1.45 billion for its latest value-add multifamily fund against its target of $1.25 billion, according to a filing with the SEC.
Research | Oct 25, 2022 How biotechs can scale faster amid industry challenges by Andrea Zander Since 2013, scaling biotech companies — early-stage and fast-growing companies — have brought two-thirds of new therapies to market, and, with billions of dollars of capital deployed into the life sciences sector, the opportunities for positive clinical impact are larger than ever before.
Investors | Oct 25, 2022 SFERS to launch RFP for general investment consultant by Kali Persall The San Francisco City & County Employees' Retirement System (SFERS) has decided to move forward with issuing an RFP for general investment consulting services, according to a recent board agenda.
