Landmark Properties forms $1b student housing platform with ADIA by Andrea Zander Landmark Properties has formed a joint venture with a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) initially targeting $1 billion for investments.
Transactions | Mar 24, 2022 COIMA acquires 11 properties from the ENPAM Foundation for €300m by Andrea Zander COIMA SGR has reached an agreement with leading Italian and international institutional investors for the acquisition of a portfolio consisting of 11 properties located in Rome and Milan for more than €300 million ($330 million).
Research | Mar 24, 2022 Asian outbound real estate investment rebounds in 2021, led by Singaporean capital by Released Asian outbound commercial real estate investment surged 69 percent year-over-year in 2021 to $54.6 billion, surpassing 2019’s pre-pandemic volume, according to data from CBRE.
Transactions | Mar 24, 2022 Grosvenor to build six residential towers, among largest rental housing schemes in Vancouver by Released Grosvenor has just unveiled its master plan for a pedestrian-focused development that will include one of the largest rental housing schemes in Metro Vancouver.
Investors | Mar 23, 2022 BentallGreenOak, RWDI debut proptech platform by Released BentallGreenOak (BGO) has plans to debut a new data-driven, science-based technology platform developed by RWDI to be deployed across BGO’s Canadian real estate portfolio in 2022.
Investors | Mar 23, 2022 ShopOne forms strategic JV with Pantheon and global institutional investor by Andrea Zander ShopOne Centers REIT has formed a joint venture to acquire institutional-quality shopping centers based in key growth markets across the United States.
Investors | Mar 23, 2022 PSERS slates $100m for EQT Exeter Industrial Core‐Plus Fund IV by Kali Persall The Pennsylvania Public School Employees’ Retirement (PSERS) has slated up to $100 million for a closed-end commingled fund managed by EQT Exeter.
Transactions | Mar 23, 2022 Howard University announces $785m investment by Released Howard University officials have plans to invest $785 million to build three new state-of-the-art multidisciplinary academic halls and renovate several existing structures.
Research | Mar 23, 2022 Affordability issues rise as national rents reach 30 percent of Americans’ incomes by Released New rental data shows affordability issues are on the rise, as Americans spent 30 percent of their monthly budgets on rents in February on average.
Research | Mar 23, 2022 Major investors ready to re-think portfolio strategies by Released Around the world, about two-thirds (66 percent) of major institutional investors are more worried now than two years ago about extreme events disrupting their investment strategies, and nearly as many (64 percent) believe investors need to completely re-think how they approach portfolio construction.
Investors | Mar 23, 2022 Alliance Global Advisors forms partnership with Lebec Consulting by Released Alliance Global Advisors has announced an exclusive partnership with Miami-based Lebec Consulting to further elevate industry best practices in the environmental, social and governance (ESG) and diversity, equity and inclusion (DEI) space.
Fundraising | Mar 23, 2022 Avanath Capital Management secures $536m for affordable housing fund by Kali Persall Avanath Capital Management, a multifamily owner and operator focused on affordable housing, has completed the initial closing of its open-ended affordable housing fund.
Fundraising | Mar 23, 2022 GLP holds $1.3b first closing of third vintage of pan-European logistics income fund series by Kali Persall GLP said it has reached a €1.2 billion ($1.3 billion) first close.
Transactions | Mar 23, 2022 CBRE pays $588m for 64-property self-storage portfolio by Andrea Zander World Class Holdings, a multibillion-dollar holding company, has sold a 64-property self-storage portfolio across 10 states to CBRE and facility operator William Warren Group/StorQuest for $588 million.
Transactions | Mar 23, 2022 Ascott acquires two properties in Ningbo and Amsterdam by Released The Ascott Limited has invested in two properties.
Research | Mar 23, 2022 Marcus & Millichap releases investor sentiment report by Released Marcus & Millichap has published its Investor Sentiment Report 2022.
Transactions | Mar 23, 2022 Fosun International buys stake back in Shanghai office for $1b by Andrea Zander Fosun International has agreed to repurchase a 50 percent stake in its Bund Finance Center in Shanghai for $1 billion.
Transactions | Mar 23, 2022 Preiss Company acquires 828-bed University Trails College Station by Released The Preiss Co. (TPCO) has announced the acquisition of the 828-bed University Trails College Station student housing community.
Fundraising | Mar 23, 2022 PATRIZIA’s open-ended core fund solicits $99m for ESG-related projects by Kali Persall PATRIZIA has launched a £75 million ($99 million) fundraise for ESG-linked capex projects in its flagship U.K. open-ended core fund, PATRIZIA Hanover Property Unit Trust.
Investors | Mar 23, 2022 Taurus Investment Holdings and Aegon Asset Management announce ESG-centric decarbonization venture by Andrea Zander Taurus Investment Holdings (Taurus), a global private equity real estate firm, and Aegon Asset Management (Aegon AM) have entered into four-year, $600 million ESG-centric venture to acquire value-add multifamily assets and considerably reduce the energy consumption and carbon output of those assets.