Investors | Jul 28, 2022 Contra Costa County makes first investment in a Blackstone real estate fund by Kali Persall The Contra Costa County (Calif.) Employees' Retirement Association has contributed $100 million to Blackstone Real Estate Partners X.
Fundraising | Jul 28, 2022 EQT Exeter launches core-plus and value-add funds in the U.S. and Europe by Kali Persall EQT Exeter has brought two new funds to market in Europe and the United States.
Transactions | Jul 28, 2022 Foreign investor buys U.S. medical office portfolio by Released Newmark has arranged $200 million of Shariah-compliant financing for a medical office building portfolio.
Transactions | Jul 28, 2022 Round Hill Capital closes €200m Smart Studios acquisition in Portugal by Released Round Hill Capital has closed the €200 million ($203 million) acquisition of nine purpose-built student accommodation (PBSA) and co-living residences in Portugal.
Research | Jul 28, 2022 U.K. residential investment totals €2.4b in Q2 2022 by Andrea Zander The U.K. residential sector recorded a total of £2 billion (€2.39 billion/$2.42 billion) of investment in second quarter 2022, according to CBRE.
Transactions | Jul 28, 2022 Tristan fund, in partnership with Timeless Investments, debuts in Netherlands office sector by Andrea Zander Tristan Capital Partners’ EPISO 6 Fund, with its local partner Timeless Investments, has acquired the Siemens Netherlands headquarters located at Prinses Beatrixlaan in The Hague, Netherlands.
Investors | Jul 28, 2022 Legal & General launches suburban co-working product by Andrea Zander Legal & General Investment Management Real Assets (LGIM Real Assets) has launched FOUNDRY, its suburban co-working product to boost local employment and workspaces.
Transactions | Jul 28, 2022 KanAm Grund clears key hurdle for first redevelopment project in City of London by Released Frankfurt, Germany-based KanAm Grund Group has secured a resolution to grant planning consent from the City of London for its first redevelopment project.
Transactions | Jul 28, 2022 Intercontinental, Kennedy Wilson make first JV acquisition in Stockton, Calif. by Andrea Zander Intercontinental Real Estate Corp. in joint venture with Kennedy Wilson has acquired Stockton Industrial Park.
Investors | Jul 28, 2022 ESR-Logos REIT to sell noncore assets by Andrea Zander The manager of ESR-Logos REIT (E-LOG) has plans to sell its noncore assets.
Investors | Jul 27, 2022 StepStone Group invests $300m in ACRE by Kali Persall StepStone Group has committed $300 million of capital to global real estate private equity firm ACRE as part of a new strategic partnership.
Fundraising | Jul 27, 2022 South Street Partners closes inaugural luxury resort and residential fund by Kali Persall South Street Partners has completed the final close of its inaugural discretionary commingled fund, SSP GP Fund I.
Fundraising | Jul 27, 2022 SC Capital Partners seeks $1b for new Pan-Asia Pacific real estate investment vehicle by Kali Persall SC Capital Partners has launched a new investment vehicle, Real Estate Capital Asia Partners (RECAP VI, with a target size of $1 billion, according to a recent SEC filing.
Transactions | Jul 27, 2022 N.Y. state multifamily community sells for $306m by Andrea Zander Affiliates of Harbor Group International and Azure Partners have formed a joint venture for the $306 million acquisition of Avalon Green, a garden-style multifamily community in Elmsford, N.Y.
Investors | Jul 27, 2022 Ventura County Employees approves $40m commitment to Torchlight Debt Fund VIII by Kali Persall Ventura County (Calif.) Employees’ Retirement Association has slated $40 million for a debt fund launched by Torchlight Investors.
Transactions | Jul 27, 2022 American Landmark enters Arizona market by Released American Landmark Apartments has acquired Tempe Metro, a 408-unit apartment community located in Tempe, Ariz., within the Phoenix metropolitan area.
Research | Jul 27, 2022 Global Real Estate market grows 8.5%, led by U.S. property value rally by Andrea Zander The global real estate market grew by 8.5 percent in 2021, up to $11.4 trillion from $10.5 trillion in 2020, according to the MSCI Real Estate Market Size report.
Transactions | Jul 27, 2022 ESR Group acquires further 25% stake in ESR-LOGOS REIT manager as well as additional REIT units by Released ESR Group Limited and its subsidiaries (ESR) have completed the acquisition of 654,546 shares in ESR-LOGOS Funds Management (S) Limited, the manager of ESR-LOGOS REIT (E-LOG Manager) from Tong Jinquan (held via his wholly-owned subsidiary, Shanghai Summit Pte. Ltd.).
Research | Jul 27, 2022 European healthcare investment market continues trajectory of robust growth by Andrea Zander The European healthcare investment market is seeing continued growth with €9 billion ($9.1 billion) of transactions last year, up 17.4 percent since 2020, as investors capitalize on the persistent demand for quality healthcare property underpinned by the fundamentals of the elderly care market, according to Knight Frank.
Transactions | Jul 27, 2022 Barings acquires eight U.K. prime logistics assets for €278m by Andrea Zander Barings has agreed to acquire eight prime logistics assets from NFU Mutual for £234 million (€278 million/$282 million).
