Fundraising | Feb 2, 2022 PATRIZIA seeks €500m for new impact investment fund by Kali Persall PATRIZIA Global Partners has launched a €500 million ($562 million) impact investment fund.
Investors | Feb 2, 2022 Florida SBA puts capital into CBRE, JP Morgan, Blackstone funds by Kali Persall The State Board of Administration (SBA) of Florida has committed nearly $400 million of capital to three real estate managers, according to a fourth quarter new managers report.
Fundraising | Feb 2, 2022 German investors contribute €200m to Edmond de Rothschild’s industrial fund by Kali Persall The Edmond de Rothschild Euro Industrial Real Estate Fund (EIREF) has increased its investment capacity to €500 million ($562 million) following the influx of €200 million ($225 million) of new equity from several large German investors.
Transactions | Feb 2, 2022 RXR and Hudson Realty Capital merge real estate lending operations by Released RXR and Hudson Reality Capital announced the formation of RXR-Hudson, a lending platform designed to achieve risk-adjusted returns through direct commercial real estate lending across major markets throughout the United States.
People | Feb 2, 2022 Soon Su Lin named new CEO of Frasers Property Singapore by Released Frasers Property has named Soon Su Lin as Frasers Property Singapore’s new CEO.
Transactions | Feb 2, 2022 Greystar and PSP Investments start work on Chapter London Bridge student housing by Released Greystar Real Estate Partners and Canada’s Public Sector Pension Investment Board (PSP Investments) have begun on a new purpose-built student accommodation asset near London Bridge Station.
Transactions | Feb 2, 2022 Tishman Speyer JV acquires site for U.K. life sciences development by Released Breakthrough Properties, a global developer of life sciences real estate backed by a joint venture of Tishman Speyer and Bellco Capital, has acquired the 1.7-acre Trinity House site in Oxford, England.
Transactions | Feb 2, 2022 Kennedy Wilson and Goldman Sachs acquire apartment community in Seattle for $106m by Released Kennedy Wilson and the real estate business within Goldman Sachs Asset Management have acquired Coppins Well.
Transactions | Feb 2, 2022 AEW acquires Nova BTR development in The Hague for German pension scheme by Released AEW has agreed to forward fund the development of Nova.
Transactions | Feb 2, 2022 Equus purchases 5.4msf industrial portfolio by Andrea Zander Equus Capital Partners has purchased a 75-property, 5.4 million-square-foot industrial portfolio.
Transactions | Feb 2, 2022 Harrison Street, Sterling Bay, Botanic Properties buy first Philadelphia-based site for life sciences development by Andrea Zander Sterling Bay, Harrison Street and Botanic Properties have entered into a joint venture to acquire and develop a 33,400-square-foot land parcel in Philadelphia.
Transactions | Feb 2, 2022 Henderson Park enters Italian market with €221m acquisition by Andrea Zander Henderson Park has acquired a portfolio of three well located assets in Milan.
People | Feb 2, 2022 Yugo names global COO by Released Yugo, which launched in July 2021, has appointed Rui Barros as its new global COO.
Transactions | Feb 2, 2022 Carlyle Global Credit to acquire $3b net-lease business by Andrea Zander Carlyle’s Global Credit platform has agreed to acquire iStar’s net-lease business.
Transactions | Feb 1, 2022 Blackstone pours $250m into Chinese data center firm, VNET by Kali Persall Blackstone has invested $250 million in Chinese data center services provider VNET Group through the acquisition of convertible notes.
Transactions | Feb 1, 2022 Diversified Healthcare Trust forms $703m JV by Andrea Zander Diversified Healthcare Trust (DHC) has entered into a $703 million joint venture for 10 properties in DHC’s Office Portfolio segment with two global institutional investors.
Transactions | Feb 1, 2022 Charter Hall, PGGM make bid for ASX-listed REIT Irongate by Andrea Zander Australia-listed REIT Irongate Group (IAP) has received a A$1.29 billion ($901.45 million) takeover bid from a partnership managed by property investor Charter Hall Group and Dutch pension fund PGGM.
Research | Feb 1, 2022 2021 finishes with record multifamily demand by Andrea Zander The multifamily market set an annual absorption record of 617,500 units in 2021, according to CBRE.
Fundraising | Feb 1, 2022 Tristan Capital Partners and Bricks Group form new PBSA JV in the U.K. by Kali Persall Tristan Capital Partners’ core-plus fund, Curzon Property Partners Long-Life Fund (CCP 5 LL), has launched a joint venture with Bricks Group.
Transactions | Feb 1, 2022 Newsec acquires major Baltic property manager BPT Real Estate by Released Newsec has acquired BPT Real Estate, one of the largest property management companies in the Baltics, from private equity fund manager Baltcap.
