Transactions | Jul 25, 2022 Seoul office tower sells for $487m by Andrea Zander Shinhan Financial Investment has signed a contract to sell its headquarters in Seoul to Aegis Asset Management.
Fundraising | Jul 25, 2022 China to launch $44b fund for property developers by Kali Persall China has plans to launch a 300 billion yuan ($44 billion) real estate fund to help property developers amid the current debt crisis.
Transactions | Jul 25, 2022 Landmark Properties expands purpose-build housing portfolio in Seattle by Released Landmark Properties has closed on the land that will become The Mark at Seattle.
People | Jul 25, 2022 Howard Hodel, Anthony Goo accept new CIO roles at ERS Hawaii by Kali Persall Howard Hodel has been named acting CIO of the Employees’ Retirement System of the State of Hawaii.
Transactions | Jul 25, 2022 AEW acquires urban logistics asset in Paris for LOGISTIS by Released AEW has completed the off-market acquisition of a 4,500 square-meter (48,438-square-foot) urban logistics asset on behalf of LOGISTIS, its specialist Pan-European logistics strategy.
People | Jul 25, 2022 Three Pillars Capital Group appoints new president, CEO by Released Three Pillars Capital Group has appointed co-founder and managing principal Gautam Goyal as president and CEO.
Fundraising | Jul 25, 2022 Actis completes first close of West African real estate fund by Kali Persall Actis has completed the first close of its real estate fund, Actis West Africa REIF (NREIF), with $45 million of commitments.
Transactions | Jul 25, 2022 Harbor Group International acquires class A multifamily property in Miami by Kali Persall Affiliates of Harbor Group International (HGI), a privately owned international real estate investment and management firm, have acquired a 372-unit, class A multifamily property in Miami.
Fundraising | Jul 22, 2022 Blackstone Real Estate Partners X surpasses $24b by Kali Persall Blackstone Real Estate Partners X (BREP X), an opportunistic fund launched by Blackstone in May to invest in diversified property types globally, has reached $24.1 billion, according to a recent filing with the SEC.
Fundraising | Jul 22, 2022 Atalaya Capital Management launches second commercial real estate fund by Kali Persall Atalaya Capital Management, a privately held alternative investment advisory firm focused primarily on making private credit and special opportunities investments, has launched a new commercial real estate fund, according to a filing with the SEC.
Transactions | Jul 22, 2022 CBRE Investment Management takes ownership of self-storage facility near Phoenix by Released A fund sponsored by CBRE Investment Management has acquired a 70,070-square-foot self-storage facility located in a northwest suburb of Phoenix.
International Campus begins construction on two-part apartment block in Frankfurt by Kali Persall International Campus (IC), an investor, developer and operator of concepts for student living and urban living in Europe, has broken ground on a two-part apartment block in Frankfurt.
Investors | Jul 22, 2022 CalSTRS increases long-term real estate target by 1% by Kali Persall The California State Teachers' Retirement System (CalSTRS) has approved a 1 percent increase to its current asset-allocation target for real estate, bringing the long-term target from 14 percent to 15 percent.
Transactions | Jul 22, 2022 Invel completes €600m landmark refinancing by Released Invel Real Estate has completed the refinancing of the facilities used to acquire its 95 percent share in Prodea Investments SA, the largest REIT in Greece.
Transactions | Jul 22, 2022 St. Modwen continues expansion of logistics footprint in London with €94m acquisition by Released St. Modwen has continued the expansion of its logistics portfolio in London with the £80 million (€94 million/$96 million) acquisition of Westlands industrial estate in Hayes.
Research | Jul 22, 2022 Landlords and tenants must collaborate to achieve sustainability goals in Asia Pacific by Andrea Zander With the pandemic now well into its third year, most office occupiers in Asia Pacific are displaying a clear shift toward embracing real estate strategies that recognize that COVID-19 is here to stay for the long term, according to CBRE Asia Pacific’s 2022 Spring Office Occupier Survey.
People | Jul 22, 2022 Cross-border investment specialist Callum Young joins CBRE by Released Callum Young has joined CBRE as executive director, capital markets, Asia Pacific.
Investors | Jul 22, 2022 WeWork forms software platform JV with Yardi by Released WeWork in partnership with Yardi has launched WeWork Workplace.
Transactions | Jul 22, 2022 Grosvenor acquires residential building in Maryland with net-zero objective by Released Grosvenor has acquired its latest multifamily value-add property, Grosvenor Tower.
Fundraising | Jul 21, 2022 Fifth Wall closes climate fund focused on technology by Kali Persall Fifth Wall has closed its inaugural Climate Fund at $500 million.
