People | Jan 24, 2022 Rob Samuel joins AXA IM Alts as U.K. head of development by Kali Persall AXA IM Alts has appointed Rob Samuel as U.K. head of development, based in London.
Investors | Jan 24, 2022 Office JV launched to capture investment opportunities in Germany by Kali Persall The Silverton Group and Europi Property Group, a pan-European real estate investment company with Swedish roots, have established an office joint venture.
Fundraising | Jan 24, 2022 Hines to launch open-ended European real estate fund later this year by Kali Persall Hines is planning to launch a new open-ended, core-plus real estate fund focused on key European markets.
Research | Jan 24, 2022 Despite anticipated rent slowdown, multifamily poised for a strong 2022 by Released The multifamily market appears poised for another solid year in 2022, according to the U.S. Multifamily Outlook for Winter 2022, released today by Yardi Matrix.
Fundraising | Jan 24, 2022 Israeli fund targets $158m by Kali Persall Israeli real estate fund Timora has raised ILS 250 million ($79 million) in a funding round led by Israel-based financial services company Clal Insurance Enterprises Holdings, according to The Jerusalem Post.
Transactions | Jan 24, 2022 Keppel Land acquires three residential land sites in Hanoi by Jennifer Molloy Keppel Land, through its wholly owned subsidiary, Keppel Land Vietnam Properties, together with Keppel Vietnam Fund (KVF) and a co-investor of KVF (jointly, the Keppel Consortium, have entered into an agreement with Phu Long Real Estates Joint Stock Co. and its subsidiary to acquire a 49-percent interest in three residential land plots in Mailand Hanoi City, Hoai Duc District in Hanoi for VND 2,715 billion ($120 million).
Fundraising | Jan 24, 2022 Commercial real estate fund announced in South Wales by Kali Persall A new fund has been launched to support the development of commercial real estate projects in South Wales, according to Insider Media.
Transactions | Jan 24, 2022 Norges Bank Investment Management acquires 50% interest in U.K. logistics portfolio by Kali Persall Norges Bank Investment Management, manager of the Norwegian Government Pension Fund Global, has paid £220 ($298 million) for a 50 percent ownership interest in 14 logistics properties in the United Kingdom.
Transactions | Jan 24, 2022 HIH Invest Real Estate acquires Warnow Park in Germany by Kali Persall HIH Invest Real Estate has acquired Warnow Park in Rostock, Germany, on behalf of an individual mandate given by an institutional investor. The district center was sold by Highstreet VIII, a retail property fund managed by Corestate.
Fundraising | Jan 24, 2022 GLP launches one of largest logistics development funds in Southeast Asia by Kali Persall GLP has launched a new Vietnam-focused fund with an investment capacity of $1.1 billion.
Fundraising | Jan 24, 2022 Venture One Real Estate fund raises nearly $100m by Larry Gray Venture One Real Estate, through its partnership with Kovitz Investment Group, has raised $99 million of equity to date from more than 300 investors for its latest fund, VK Industrial VI, LP, according to a recent SEC filing.
Fundraising | Jan 21, 2022 Keppel Capital Holdings closes second data-center fund at $1.1b by Kali Persall Keppel Capital Holdings has closed its Keppel Data Centre Fund II (KDC Fund II) with $1.1 billion of total commitments, including co-investment capital.
Research | Jan 21, 2022 Blackstone Real Estate Income Trust surpasses $50b by Kali Persall Blackstone Real Estate Income Trust (BREIT), the largest fund administered by Blackstone Group, has surpassed $50 billion since it started five years ago.
Research | Jan 21, 2022 Rents rise 14% in December for biggest jump in more than 2 years by Released Average monthly listed rents in the United States increased 14.1 percent year-over-year to $1,877 in December, according to Redfin. This was the largest annual jump since at least February 2019, the earliest month in Redfin’s rental data.
Transactions | Jan 21, 2022 Post Brothers JV to develop $750m residential project Philadelphia by Released Post Brothers has partnered with Tower Investments in building the largest residential project in unit size in the United States.
Investors | Jan 21, 2022 Gaw Capital Partners completes $3b privatization of Office J-REIT in Japan by Released Real estate private equity firm Gaw Capital Partners, through a fund under its management and in conjunction with Invesco, has completed the $3 billion privatization of Invesco Office J-REIT Inc., which comprises 18 fully stabilized class-A/B office assets, primarily in Tokyo.
Transactions | Jan 21, 2022 Prologis and CBRE Investment Management agree on 7.6msf U.K. logistics portfolio by Released CBRE Investment Management, on behalf of the European Co-Investment Fund (ECF) has sold its 85 percent share of a 7.6 million-square-foot U.K. logistics portfolio to Prologis.
Research | Jan 21, 2022 German office real estate investment market achieves significant growth in 2021 by Released The German office real estate investment market achieved a transaction volume of €30.5 billion ($34.6 billion) in 2021.
Investors | Jan 21, 2022 Blackstone launches $1b affordable housing program by Andrea Zander Home Partners of America has launched Choice Lease.
Transactions | Jan 21, 2022 CapitaLand Development sells office in Vietnam for $550m by Andrea Zander CapitaLand Development (CLD) has sold Capital Place, its international grade-A office building in Hanoi, Vietnam for S$751 million ($550 million) to an unrelated-third party.
