Newsline

Realterm has appointed Joe Noon to senior vice president, head of U.S. investments. 

Round Hill Capital has appointed Sandra Burrows as COO.

Colocation vacancy in North America data centers hit an all-time low, 2.6 percent, with absorption doubling in just two years, according to JLL’s North America Data Center Year-End 2024 Report.

A unit of Singaporean fund manager Cambridge RE Partners has struck a deal to purchase 400 Kent St., a building in Sydney, occupied by Central Queensland Univer­sity (CQU) for a A$111.58 million ($72.53 million), according to media outlets.

Kristin Catalano, lead portfolio manager – core-plus residential strategy and separate accounts at DWS Group, recently participated in a special feature highlighting accomplished women in the real estate sector for the Institutional Real Estate Americas publication. She shared her career experiences, provided expert perspectives on the industry and extended empowering guidance to fellow women professionals in the field.

Ryan Sullivan, executive vice president and national data center group leader at Lincoln Property Co., discusses the evolving landscape of data center investments and how they compare to other alternative asset classes in terms of risk and return. He highlights how data centers have emerged as a core institutional asset class, offering high, steady returns driven by long-term leases, low tenant turnover, and strong demand fundamentals.

Nrep, Urban Partners’ real estate investor and developer, has entered into a strategic joint venture focused on the Finnish care home market with Plus Hoivakiinteistöt, a local company that specializes in care home operations.

Aboria Capital, the new living-focused real estate investment management business, has appointed Eric Byrne, former head of UBS Asset Management’s real estate and private markets multi-manager business, as a senior adviser to support the firm’s growth.

Although ready to commence a new real estate cycle, real estate leaders globally are braced for another challenging year of uncertainty, with lingering inflation, largely driven by factors including geopolitical instability, and persistently higher interest rates in some regions, potentially delaying a hoped-for recovery in capital markets and occupancy metrics.

Franklin BSP Realty Trust has entered into a definitive agreement to acquire NewPoint Holdings JV, a privately held commercial real estate finance company headquartered in Plano, Texas.

Rayonier and The Rohatyn Group has announced an agreement for Rayonier to sell the entities that hold its entire 77 percent interest in the New Zealand joint venture to a special purpose vehicle formed by Ents LP, an investment fund managed by TRG, for $710 million, subject to net debt, working capital, and other adjustments.

CareTrust REIT has agreed with Care REIT plc's board on a cash offer for its acquisition by CR United Bidco Ltd., a CareTrust subsidiary. The offer is £1.08 ($1.39) per Care REIT share.

Ambrose, an investor, developer, and operator of industrial, logistics and e-commerce real estate, has announced the final close of Ambrose Fund IV.

Rahul Agrawal has been promoted to the Actis partnership. He was previously energy director for SEA at Actis.

Demand for office space across Asia Pacific’s (APAC) top 11 markets surged 15.9 percent annually to 8.8 million square meters (94.7 million square feet), led by India, Mainland China and Japan.

Warburg Pincus, one of South Korea’s largest multifamily operators and developers, and D&D Investment, the subsidiary asset management arm of SK D&D, have signed a joint agreement to invest in the senior housing market in South Korea. This partnership will focus on acquiring and developing senior housing for the senior population in the greater Seoul area.

M&G Real Estate has made a student accommodation investment in Melbourne’s inner north, according to media outlets.

Nonfarm payrolls increased by a seasonally adjusted 151,000 on the month in February, better than the downwardly revised 125,000 in January. The unemployment rate rose slightly to 4.1 percent.

Lauren Hochfelder, co-CEO, Morgan Stanley Real Estate Investing, recently participated in a special feature highlighting accomplished women in the real estate sector for the Institutional Real Estate Americas publication. She shared her career experiences, provided expert perspectives on the industry, and extended empowering guidance to fellow women professionals in the field.

The Teacher Retirement System of Texas (TRS) committed $100 million to CS Bevo I, a real estate fund, in the month of February, according to a monthly report from TRS on March 7.