Transactions | Sep 22, 2021 Stratus Properties sells garden-style luxury apartment for $152m by Released Stratus Properties has sold The Santal, located in Austin, for $152 million.
Fundraising | Sep 22, 2021 GLP raises $1.75b in first closing by Kali Persall GLP has completed a $1.75 billion first close.
Fundraising | Sep 22, 2021 EXCLUSIVE — Coretrust Capital Partners launches new value-add fund by Kali Persall Coretrust Capital Partners, a vertically integrated, operating company and investment manager (RIA), has brought a new fund to market.
Research | Sep 22, 2021 Venture capital investment in life sciences hits record high by Andrea Zander The life sciences industry is experiencing record levels of investment across both businesses and associated real estate, with the pandemic having highlighted both the sector’s importance and its resilience as an asset class, reported JLL.
Fundraising | Sep 21, 2021 Gaw Capital Partners launches new real estate fund in Hong Kong by Kali Persall Gaw Capital Partners has opened a new fund to real estate investors, Gateway Real Estate Fund VII (Hong Kong).
Fundraising | Sep 21, 2021 Pi Labs adds LPs to its third institutional proptech fund by Kali Persall Three new investors have joined as limited partners in Pi Labs’ third institutional fund.
Transactions | Sep 21, 2021 BC Partners Real Estate makes first investment in Germany by Released BC Partners Real Estate (BCPRE), the real estate investment arm of BC Partners has made its first investment in Germany.
Transactions | Sep 21, 2021 UBS Asset Management acquires premium office property in central Madrid by Released UBS Asset Management Real Estate & Private Markets has acquired a prime, recently refurbished office asset in central Madrid.
Transactions | Sep 21, 2021 Lendlease, Morgan Stanley buy $310m portfolio by Andrea Zander Lendlease and Morgan Stanley Real Estate Investing have acquired five warehouses and three blocks of industrial land in Australia for A$430 million ($310 million), reported other media outlets.
Transactions | Sep 21, 2021 JBG Smith, Landmark JV sells office for $167m by Released JBG Smith has announced the sale of 500 L’Enfant Plaza.
Investors | Sep 21, 2021 Executive director of Florida SBA to retire at month-end by Kali Persall Ashbel Williams, executive director and CIO of the $250 billion Florida State Board of Administration (SBA), will retire from the pension fund after 13 years.
Transactions | Sep 21, 2021 RREAF Holdings, DLP Capital and 3650 REIT Partner in $534m portfolio acquisition by Released RREAF Holdings, a private real estate investment and development firm based in Dallas, together with its partners DLP Capital and 3650 REIT, has acquired a 13-asset multifamily portfolio in the Sun Belt region consisting of more than 2,000 units.
Transactions | Sep 21, 2021 Heitman acquires office building in prime London submarket by Released the acquisition of 15 Suffolk St.
People | Sep 21, 2021 EXCLUSIVE: Harrison Street bolsters its European team by Marek Handzel Harrison Street has bolstered its European investment and investor relations teams with the addition of three professionals.
Transactions | Sep 21, 2021 Avanti Residential pays $159m for apartment complex in Denver by Released Denver-based Avanti Residential has announced the acquisition of Forum Fitzsimons.
Research | Sep 21, 2021 U.S. office asking rates rest below $40 per sf in August by Released Average U.S. office asking rents inched up to $38.72 per square foot across the 50 largest U.S. office markets, plateauing at a 1.2 percent year-over-year increase.
Research | Sep 21, 2021 Value of global real estate rises 5% to $326.5t by Released The value of the world’s real estate assets rose 5 percent in 2020 to $326.5 trillion, making it the world’s most significant store of wealth and more valuable than all global equities and debt securities combined, and worth almost four times that of global GDP.
Investors | Sep 21, 2021 NAS Real Nordics launches with initial €200m Danish real estate portfolio by Released NAS Real Nordics A/S, a newly established Copenhagen-based Nordic affiliate of property investor and investment manager NAS Invest Group, which is headquartered in Frankfurt am Main, has appointed Peter Back as its managing director.
Research | Sep 21, 2021 London, Dublin top EMEA data center growth as demand on digital infrastructure continues by Andrea Zander While 2021 initially brought uncertainty as to what data center demand would look like after the increased buying cycles accelerated by the global pandemic, supply growth in fact continued to be strong across EMEA.
Transactions | Sep 21, 2021 Invesco Real Estate acquires The Fort Shopping Park in partnership with George Capital by Released Invesco Real Estate has completed the acquisition of The Fort Shopping Park in Birmingham, England.
