Transactions | May 27, 2022 BentallGreenOak announces completion of 78 St James’s Street redevelopment by Released BentallGreenOak has completed its 78 St James’s Street redevelopment, with 50 percent of the scheme let or under offer at practical completion.
Fundraising | May 26, 2022 Argosy Real Estate Partners V closes in on $400m fundraising target by Kali Persall Argosy Real Estate Partners V (AREP V), a value-added and opportunistic fund managed by Argosy Real Estate Partners, is on the brink of reaching its fundraising target.
People | May 26, 2022 Former BlackRock director joins MetLife Investment Management by Kali Persall Chris Aiken has been appointed head of acquisitions within MetLife Investment Management’s Real Estate Equity Strategies Group. Aiken brings nearly two decades of real estate investment experience to the role.
Investors | May 26, 2022 OP&F reports 9.3% return on real estate portfolio for Q1 2022 by Kali Persall The $17.89 billion Ohio Police & Fire Pension Fund investment (OP&F) has reported a 9.3 percent net return on its real estate portfolio for the first quarter of the year.
Transactions | May 26, 2022 Blackstone invests in U.K. logistics developments by Andrea Zander Oxenwood Real Estate has secured a £63 million (€74 million/$79 million) debt facility from Blackstone Real Estate Debt Strategies.
Research | May 26, 2022 Strong storage demand continues to drive up rates by Released As the traditional busy season begins for the self-storage sector, street rates continued to increase nationwide in April.
Transactions | May 26, 2022 CapMan fund purchases portfolio of four office properties in Helsinki by Released The CapMan Nordic Real Estate III fund has purchased four office properties.
Transactions | May 26, 2022 UBS-AM acquires purpose-built DIY retail unit for €29m by Released UBS Asset Management (UBS-AM) Real Estate & Private Markets (REPM) has acquired a purpose-built retail unit in Harlow, Essex, U.K.
Fundraising | May 26, 2022 Phoenix Real Estate Fund X holds $715m final close by Kali Persall Dallas-based Phoenix Capital Management has closed its 10th opportunistic real estate fund at more than two times the size of the previous fund.
Transactions | May 26, 2022 Harrison Street, Torsion to develop 297-bed student housing project in U.K. by Released Harrison Street, alongside joint venture partner Torsion Developments announced the construction of a purpose-built student accommodation development.
Transactions | May 26, 2022 Ares Management, MRP Realty to develop HQ site in Washington, D.C. by Released Ares Management Corp. and MRP Realty have announced the land closing.
Investors | May 26, 2022 PGIM Real Estate enters new joint venture in U.K. hotels by Released PGIM Real Estate has entered into a joint venture with Madison Cairn.
Transactions | May 26, 2022 Hillwood Communities buys 540 acres near Houston by Released Hillwood Communities has purchased 540 acres.
Transactions | May 26, 2022 HPI buys 55 acres to build 829 multifamily and single-family rental units by Released HPI Real Estate Services & Investments has acquired 55 acres in north Fort Worth.
Transactions | May 26, 2022 Aegon Asset Management closes first deal in ESG-centric venture by Released Aegon Asset Management has completed an equity investment for Canopy Villa Apartments.
Investors | May 26, 2022 Swiss-Belhotel International joint ventures with Odyssey Group by Andrea Zander Swiss-Belhotel International and Odyssey Asset Management have signed a joint venture agreement.
Climate change is generating a technological revolution by Jeffrey Kanne and Darob Malek-Madani The future, as advertised in the face of climate change, looks bleak. The world expects, and is already experiencing, more droughts and floods, deadlier fires, bigger storms, more disease, and rising sea levels.
Investors | May 25, 2022 Thailand luxury residential developer enters data center sector with U.S. firm by Andrea Zander Raimon Land Public Co. has formed a strategic partnership with U.S.-based Nautilus Data Technologies to enter the data center sector.
Fundraising | May 25, 2022 Buckingham attracts capital for two multifamily funding vehicles by Kali Persall Indianapolis-based Buckingham Companies has closed its second real estate fund, the value-add Buckingham Multifamily Fund 2 (BMF2), at $215 million.
Transactions | May 25, 2022 EXCLUSIVE — Blue Vista Capital Management acquires two build-to-rent development projects in Arizona by Kali Persall Blue Vista Capital Management has acquired land for two single-family build-to-rent (BTR) development projects in Litchfield Park and Goodyear, located outside Phoenix.