Annual Southeast and Greater London office take up highest since 2019 by Andrea Zander Office take-up across the Southeast England and Greater London markets in 2024 was the highest in five years, according to Knight Frank. Leasing volumes totaled 3.6 million square feet, 5 percent higher than last year, driven by occupiers gravitating toward the region’s newest, prime workspaces.
Research | Jan 22, 2025 Nearly 60% of CEOs optimistic about global economic outlook as they plan headcount increases and continued AI rollout by RELEASED Almost 60 percent of CEOs around the world expect global economic growth to increase over the next 12 months, according to PwC's 28th Annual Global CEO Survey.
Transactions | Jan 22, 2025 Paramount announces sale of 45% interest Manhattan office by RELEASED Paramount Group has sold a 45 percent interest in 900 Third Avenue.
Transactions | Jan 22, 2025 Primaris REIT acquires interest in two Canadian malls for $408m by RELEASED Primaris REIT has agreed to acquire a 50 percent interest in Southgate Centre in Edmonton, Alberta and 100 percent ownership interest in Oshawa Centre in Oshawa, Ontario, for aggregate consideration of C$585 million ($408.1 million).
People | Jan 22, 2025 Eagle Property Capital welcomes senior real estate executive Barry Chase by RELEASED Barry Chase, a real estate leader with more than 40 years of experience, has joined Eagle Property Capital (EPC) as a partner and managing principal.
People | Jan 22, 2025 Jenny Buck named CIO at London CIV by Elise Mackanych London CIV, the U.K. Local Government Pension Scheme pool, has appointed Jenny Buck as the incoming chief investment officer (CIO).
Fundraising | Jan 22, 2025 GMF Group Fund II closes with $250m by Elise Mackanych GMF Group has announced the closure of GMF Group Fund II with commitments of $250 million.
Research | Jan 21, 2025 Office REITs remain on the downturn, but may see hope with international returning-to-office trends by Elise Mackanych The poor performance of office REITs is holding down the recovery pace for the real estate sector, according to the S&P Global Ratings 2025 Real Estate Industry Outlook. With a negative rating, leverage for U.S. office REITs is still elevated compared to other property types. Material improvement is unlikely, due to low utilization and poor tenant retention.
Investors | Jan 21, 2025 New Jersey DOI launches search for real estate investment consultant by Elise Mackanych The New Jersey Division of Investment (DOI) has issued a request for proposals (RFP) for real estate investment consulting services, according to the Department of the Treasury’s materials.
Research | Jan 21, 2025 Living takes top spot for cross-border real estate investment demand for the first time by RELEASED The Living sector is now the top target for European cross-border real estate investment, according to CBRE’s 2025 European Investor Intentions Survey.
Investors | Jan 21, 2025 M&G, TPG create logistics joint venture on €859m multi-let portfolio by RELEASED M&G Real Estate and TPG Real Estate have formed a £700 million ($859 million) strategic joint venture to manage and grow the Active Growth Logistics Partnership (AGLP).
Transactions | Jan 21, 2025 M7 makes first acquisition for newly formed Oxford Properties and AustralianSuper JV by RELEASED M7 Real Estate has acquired Broadheath Network Centre in greater Manchester for £47 million ($57.7 million) from Network Space Developments.
Research | Jan 21, 2025 Mall visits increase during 2024 holiday season by Elise Mackanych This past year’s holiday shopping levels at indoor malls and open-air shopping centers exceeded 2023 levels, according to Placer.ai’s “Mall December 2024 Index.”
Investors | Jan 21, 2025 SBCERA announces plan for $145m in real estate commitments for 2025 by Elise Mackanych The San Bernardino County (Calif.) Employees Retirement Association (SBCERA) plans to commit up to $145 million to real estate assets in 2025.
Research | Jan 21, 2025 North American pension fund real estate portfolios most exposed to climate change and net-zero risks by Marek Handzel Globally, North American pension fund real estate portfolios are at most risk from climate change and the transition to net-zero carbon dioxide emission economies, according to Ortec Finance.
Transactions | Jan 17, 2025 CapRock Partners sells San Gabriel Valley, Calif., distribution center by RELEASED Caprock Partners has sold West Valley Logistics, a new LEED-certified, 270,000-square-foot industrial warehouse in Walnut, Calif.
Transactions | Jan 17, 2025 Rockpoint, Related Group announce sale of class A apartment community in Phoenix by RELEASED Rockpoint and Related Group has sold Town Deer Valley, a class A luxury apartment community in Phoenix.
People | Jan 17, 2025 Manulife Investment Management welcomes Ryan Hanna as global chief operating officer of private markets by RELEASED Manulife Investment Management (Manulife IM), a Manulife Wealth & Asset Management company, has appointed Ryan Hanna as global COO of private markets.
Research | Jan 17, 2025 Occupied senior housing units reach new high by RELEASED Senior housing occupancy rates in the United States increased 0.7 percentage points, from 86.5 percent occupied in the third quarter 2024 to 87.2 percent in the fourth quarter, according to the National Investment Center for Seniors Housing & Care (NIC).
Fundraising | Jan 17, 2025 JPI, Pinnacle Partners launch $200m workforce housing fund by RELEASED JPI and Pinnacle Partners has launched a $200 million Workforce Housing Fund.
