Transactions | Nov 19, 2021 Nuveen enters European self-storage sector by Released Nuveen Real Estate has acquired a majority interest in the Green Storage self-storage platform in Sweden.
Research | Nov 19, 2021 M&G outlook: Finding value in a new era by Andrea Zander The real estate investment market is entering a new era in which investors may need to be increasingly proactive, according to M&G Investments’ outlook report.
Investors | Nov 19, 2021 Walker & Dunlop forms JV with Avanta Residential, Invesco Real Estate by Andrea Zander Walker & Dunlop has formed a joint-venture partnership with Avanta Residential, a build-for-rent (BFR) developer, and Invesco Real Estate.
Research | Nov 19, 2021 New research reveals more investors will walk away from U.K. assets with ESG performance by Released The majority (73 percent) of the United Kingdom’s institutional real estate investors and property professionals expect more commercial property investors and buyers to walk away from commercial real estate with poor ESG performance.
Transactions | Nov 19, 2021 Related Group, BH Group team up to redevelop waterfront site by Released Billionaire real estate mogul Teddy Sagi, development powerhouse Related Group, and BH Group are teaming up to acquire the site of the former White House Inn at 2305 NE 123rd St. in North Miami, Fla.
Fundraising | Nov 19, 2021 L'Etoile Properties launches new “broken core” office fund, secures €115m in first close by Kali Persall L'Etoile Properties has launched a new investment vehicle in Europe, the EP Sienna IM European Broken Core Office Fund.
Transactions | Nov 19, 2021 CARROLL and PGIM Real Estate execute three portfolio sales totaling $1.1b by Andrea Zander CARROLL, in partnership with PGIM Real Estate has sold two multifamily communities, valued at more than $1.1 billion.
Transactions | Nov 19, 2021 German pension fund buys residential development in Germany by Released Pan-European investment manager Primevest Capital Partners has acquired a residential development in the city of Saarbrücken, Germany.
Transactions | Nov 19, 2021 Hines buys high-rise office building in Seattle by Andrea Zander Hines has acquired the Norton Building, a 269,000-square-foot office building located at 801 2nd Ave. in downtown Seattle.
Transactions | Nov 19, 2021 321-acre property in Arizona sells for $23m by Released Valley Land Group, a new Phoenix-based land investment and development company, has closed on a 321-acre property in Casa Grande, Ariz., for $23 million.
Fundraising | Nov 19, 2021 AXA Logistics Europe prices €800m green bond by Kali Persall AXA IM Alts' flagship European logistics fund, AXA Logistics Europe Master, has priced a €800 million ($907 million) green bond, and issued it under a green finance framework.
People | Nov 19, 2021 Jim Grossman to retire from PSERS by Kali Persall Jim Grossman, CIO of the Public School Employees’ Retirement System (PSERS), has announced his retirement after 24 years with the pension fund.
Transactions | Nov 18, 2021 Harrison Street and Cortland JV adds 440-unit build-to-rent development by Released Harrison Street, with its joint venture partner, Cortland, a multifamily real estate investment, development and management company, announced the development of a 440-unit build-to-rent (BTR) property in Birmingham, United Kingdom.
Transactions | Nov 18, 2021 Blackstone sells London office to Generali by Released Blackstone Group has sold Times Square.
Fundraising | Nov 18, 2021 PATRIZIA closes GLI urban logistics investment platform by Andrea Zander PATRIZIA AG has held a final close.
Transactions | Nov 18, 2021 Ascentris, Highline, SQUARE2 buys office campus in Doral, Fla. by Released Ascentris, Highline Real Estate Capital and SQUARE2 Capital have acquired Westside Plaza I, II and III.
Transactions | Nov 18, 2021 PCCP provides $85m to Trion Properties by Released PCCP has provided an $85 million loan to Trion Properties.
Investors | Nov 18, 2021 Los Angeles City Employees puts $50m in LBA Logistics Value Fund IX by Kali Persall Los Angeles City Employees Retirement System (LACERS) has agreed to invest up to $50 million in a value-add real estate fund managed by LBA Realty.
Research | Nov 18, 2021 Value-add office is back in favor, up sharply from 2020 levels by Andrea Zander Throughout the majority of the pandemic, office investors were widely driven by a flight-to-quality, as those assets offered the most resilience amid demand uncertainty, according to JLL.
Research | Nov 18, 2021 Cap rates for net-lease medical properties compress significantly by Andrea Zander In the third quarter, national asking cap rates in the single-tenant medical sector compressed to 5.95 percent.
