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.
Investors | Jan 21, 2022 Greystar Real Estate Partners, Ivanhoé Cambridge to form multifamily JV in Chile by Andrea Zander Greystar Real Estate Partners and Ivanhoé have formed a new joint venture to pursue multifamily real estate opportunities in Chile.
Investors | Jan 21, 2022 Japan firm buys U.S. homebuilding developer by Released Sekisui House Holdings, the wholly owned U.S. subsidiary of Sekisui House, one of Japan’s largest homebuilders, has acquired The Holt Group.
Fundraising | Jan 21, 2022 GARBE Institutional Capital launches science and technology real estate fund by Kali Persall GARBE Institutional Capital is launching a new institutional club-deal strategy to invest in science and technology-led real estate.
Investors | Jan 21, 2022 Onyx+East and Pretium form $600m single-family, build-to-rent JV by Andrea Zander Onyx+East, a homebuilder headquartered in Indianapolis, has formed a joint venture with Pretium.
Transactions | Jan 20, 2022 ESR completes acquisition of ARA Asset Management by Andrea Zander ESR Cayman Ltd. has announced the completion of its acquisition of ARA Asset Management.
Transactions | Jan 20, 2022 FCP announces $105.5m sale of Fields at Cascades Apartments in Sterling, Va. by Released FCP, with partner KETTLER, has sold Fields at Cascades Apartments in Sterling, Va., to Jair Lynch Real Estate Partners and Nuveen Real Estate for $105.5 million.
Research | Jan 20, 2022 Majority of investors plan more real estate acquisitions in Asia Pacific this year by Andrea Zander CBRE has released its 2022 Asia Pacific Investor Intentions Survey, which reveals how and where investors intend to deploy capital across Asia Pacific markets in the coming year.
Investors | Jan 20, 2022 Amro Partners, Flemyn acquire hotel for multifamily expansion plan in London by Andrea Zander Amro Partners, in partnership with Flemyn LLP, has acquired the Croydon Park Hotel in Croydon, South London.
Fundraising | Jan 20, 2022 Crown Realty Partners plans final close for fifth value-add fund by Kali Persall Crown Realty Partners is preparing to close its fifth value-add fund later in first quarter 2022, IREI has learned.
Transactions | Jan 20, 2022 Mitsui Fudosan enters Australian property with Frasers Property JV by Andrea Zander Frasers Property Australia has established a new capital partnership with international diversified group Mitsui Fudosan to deliver the landmark MAC Residences development at the new Midtown MacPark master planned community in Sydney.
Transactions | Jan 20, 2022 Rockhill Capital Plans 1,807-acre mixed-use development near Fort Worth by Released Rockhill Capital and Investments has acquired Shoop Ranch in New Fairview, Texas.
Fundraising | Jan 20, 2022 Aquila Capital raises €330m for Southern European logistics fund by Kali Persall Aquila Capital has completed a first closing of its new open-end Southern European logistics fund.
Transactions | Jan 20, 2022 Ridgeline Property Group plans for 416-acre, logistics park in Minooka, Ill. by Andrea Zander Ridgeline Property Group has plans to develop a 416-acre Logistics and Rail Park known as I-80 Logistics Park.
