Investors | Feb 8, 2022 Virginia Retirement System seeks to hire investment analyst for real assets by Kali Persall The Virginia Retirement System (VRS) is seeking to hire an investment analyst for its real assets portfolio, according to a recent job posting.
Investors | Feb 7, 2022 Grubb Properties launches Link Apartments Opportunity Zone REIT by Released Grubb Properties, a vertically integrated commercial real estate firm, has launched the Link Apartments Opportunity Zone REIT.
Panelists highlight opportunities for niche strategies at VIP Americas 2022 by Kali Persall A lot of recent talk has been about what’s in store for niche strategies such as single-family rental (SFR), data centers and self-storage.
Investors | Feb 7, 2022 JP Morgan, Zenith IOS launch $700m industrial outdoor storage JV by Andrea Zander Zenith IOS and J.P. Morgan Global Alternatives have formed a $700 million joint venture that will focus on creating a national industrial outdoor (IOS) storage platform.
Research | Feb 7, 2022 Why industrial real estate prospects may weaken by Andrea Zander While industrial real estate performance is expected to remain strong in the near term, longer-term prospects are more uncertain, according to Oxford Economics.
Transactions | Feb 7, 2022 Rockwell and Cerberus buy waterfront site in London by Andrea Zander Royal London Asset Management, on behalf of the Royal London U.K. Real Estate Fund, has sold Hurlingham Retail Park in London to a joint venture between London-based property developer Rockwell and Cerberus Capital Management.
Transactions | Feb 7, 2022 Hysan Development, Empire acquire stakes in project for $780m by Released Hong Kong-listed Hysan Development and privately held Empire Group each have agreed to acquire respective 25 percent stakes in a Henderson Land residential project in Kowloon’s To Kwa Wan area.
Transactions | Feb 7, 2022 Japanese investor re-enters U.S. market with Continental Realty Group by Andrea Zander Tokyo-based Nippon Steel Kowa Real Estate Co. has re-entered the U.S. real estate market in a joint venture with Denver-based Continental Realty Assets.
Transactions | Feb 7, 2022 $1b JV buys sixth acquisition by Released Värde Partners and Hawkins Way Capital have purchased 39 Dalton Street in the Back Bay neighborhood of downtown Boston, from Host Hotels & Resorts.
Fundraising | Feb 7, 2022 Unison announces securitization of $443m Unison residential equity agreements by Released Unison has closed a $443 million securitization.
Transactions | Feb 7, 2022 LaSalle acquires luxury Sarasota area apartment community by Released LaSalle Investment Management has acquired Summerhouse Lakewood Ranch.
Transactions | Feb 7, 2022 Mastern Asset Management buys Seoul office trophy asset in Korea for $853m by Andrea Zander ARA Korea has sold Alpharium Tower in Pangyo near Seoul.
Transactions | Feb 7, 2022 CBRE Investment Management sells portfolio of six U.K. industrial estates to Legal & General by Released CBRE Investment Management, on behalf of a separate account client, has sold the Porto Portfolio.
Investors | Feb 7, 2022 Eurazeo, PSP Investments form €300m European hospitality JV by Andrea Zander Eurazeo and the Public Sector Pension Investment Board has formed a strategic partnership to focus on investing in hotels across Europe.
Transactions | Feb 7, 2022 Tishman Speyer acquires iconic Q207 in Berlin’s CBD by Released Tishman Speyer has purchased Q207 at Friedrichstrasse 76-78 in central Berlin.
Transactions | Feb 4, 2022 Fairstead makes first acquisition in Philadelphia with $233m buy by Andrea Zander Barings has sold 1500 Locust, a 45-story, mixed-use multifamily building in the famous Rittenhouse Square Submarket of Center City Philadelphia.
Investors | Feb 4, 2022 SWIB records strong investment performance for 2021 by Released The State of Wisconsin Investment Board (SWIB) today announced that its 2021 performance generated strong returns for the fully funded $147 billion Wisconsin Retirement System (WRS).
Transactions | Feb 4, 2022 Stockbridge Capital Group pays $132m for apartment community in Georgia by Released Stockbridge Capital Group, a private equity real estate firm, has paid $132 million for Park at Abernathy Square, a 484-unit apartment community located in Sandy Springs, Ga.
Fundraising | Feb 4, 2022 Related Fund Management closes debt fund at $792m by Kali Persall Related Fund Management (RFM) has closed its Related Real Estate Debt Fund (RDF) with $792 million of capital commitments.
Investors | Feb 4, 2022 Kansas City pension fund puts $10m in Brookfield, PGIM funds by Kali Persall The Kansas City (Mo.) Public Schools Retirement System (KCPSRS) has approved $10 million of investments in two real estate funds managed by Brookfield Asset Management and PGIM Real Estate.