Transactions | Mar 15, 2022 Monarch Alternative Capital enters Phoenix market by Released Monarch Alternative Capital has acquired The Esplanade, a marquee office portfolio comprised of four class A buildings in Phoenix.
Fundraising | Mar 15, 2022 Greenman launches grocery-anchored real estate fund in Europe by Kali Persall Greenman has launched a new open-ended fund that will invest primarily in grocery-anchored real estate.
Fundraising | Mar 15, 2022 Comunidad Partners closes social impact multifamily fund above target by Kali Persall Austin–based Comunidad Partners has closed its inaugural discretionary commingled institutional fund.
Fundraising | Mar 14, 2022 Crow Holdings raises $600m for industrial strategy by Kali Persall Crow Holdings Industrial Properties Trust (CHIPT), a strategy managed by Crow Holdings Capital, has closed on more than $600 million of equity commitments, which will unlock more than $1.5 billion of project-level investment.
Investors | Mar 14, 2022 Allianz Real Estate, Edge and BVK launch €1.3b smart office development program by Andrea Zander Allianz Real Estate, acting on behalf of several Allianz Group companies, is to build and develop a series of prime office assets in Germany’s top four cities in a €1.3 billion ($1.4 billion) program in conjunction with real estate developer EDGE and Bayerische Versorgungskammer (BVK), Germany's largest public-law pension group and an established co-investor of Allianz.
Investors | Mar 14, 2022 Strawberry Star launches €1.1b BTR platform by Andrea Zander Strawberry Star Group has launched Star Living, a build-to-rent arm.
Investors | Mar 14, 2022 San Diego City Employees adopts new real estate investment plan by Kali Persall The San Diego City Employees' Retirement System (SDCERS) has reevaluated its real estate investment policy and adopted a new real estate investment plan for fiscal year 2022.
Transactions | Mar 14, 2022 Tishman Speyer, Ryan Cos. break ground 58-story tower in Austin by Released Tishman Speyer and Ryan Cos. have broken ground on 321 West, a 58-story tower set to rise at 321 W. 6th St. in Austin’s iconic Southwest Quadrant.
Transactions | Mar 14, 2022 Oxford Science Enterprises to develop state-of-the-art R&D facilities in Oxford by Released Oxford Science Enterprises, the Science Business Builder and preferred investment partner of the University of Oxford, has entered into a joint venture with the Lothbury Property Trust to develop high-specification laboratory and office space, for early-stage life-science businesses, in the heart of Oxford city center.
People | Mar 14, 2022 CBRE Investment Management expands EMEA logistics operator team by Released CBRE Investment Management (CBRE IM) has made several appointments to its EMEA logistics-operator team, in a move that highlights the firm’s commitment to provide integrated investor and operator solutions.
Fundraising | Mar 14, 2022 FPA Multifamily closes Apartment Opportunity Fund VIII at $1.45b by Kali Persall San Francisco-based FPA Multifamily has closed its value-added Apartment Opportunity Fund VIII at $1.45 billion, surpassing its target of $1.15 billion in one close.
Fundraising | Mar 14, 2022 CREC Real Estate closes second real estate fund by Kali Persall CREC Real Estate, a private equity real estate investment firm based in Columbus, Ohio, has closed its second real estate fund with $80 million in commitments from institutions, family offices and high-net-worth investors.
Transactions | Mar 14, 2022 Swire JV buys Xi’an Taikoo Li site for $407m by Andrea Zander Hong Kong-based Swire Properties has plans to partner with Xi’an Cheng Huan Cultural Investment and Development Co., a state-owned subsidiary of Xi’an Qujiang New District Management Committee, to develop Taikoo Li Xi’an, the Company’s seventh development on the Chinese Mainland, located at the Small Wild Goose Pagoda historical and cultural zone in Beilin District, Xi’an in Shaanxi Province.
Fundraising | Mar 14, 2022 LOGOS Australian Logistics Venture completes capital raising, targets $3.6b by Andrea Zander LOGOS has secured an additional equity commitment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) for its flagship LOGOS Australian Logistics Venture (LALV), providing investment capacity to grow the LALV portfolio to a Gross Asset Value of more than A$5 billion ($3.64 billion).
Fundraising | Mar 14, 2022 Dalfen Last Mile Industrial Fund V advances toward $500m fundraising target by Kali Persall Dalfen Last Mile Industrial Fund V, a real estate fund managed by Dalfen Industrial, is almost halfway to its $500 million fundraising target.
Investors | Mar 11, 2022 CapStone Holdings and Blaq Projects grow partnership on new development in Australia by Released CapStone Holdings, a self-funded family office business incubator and investment group, announced its continued strategic partnership in real estate with Blaq Projects.
Transactions | Mar 11, 2022 EXCLUSIVE — Harrison Street sells medical-office portfolio in California by Kali Persall Harrison Street has sold a portfolio of eight medical office buildings.
Transactions | Mar 11, 2022 30-property industrial portfolio in Mexico offered for sale by Released Grupo Ayusa has plans to sell its Ayusa Mexican Industrial Portfolio.
Investors | Mar 11, 2022 CalSTRS shuns bill calling for fossil-fuel divestment, adopts holistic approach by Kali Persall The California State Teachers’ Retirement System (CalSTRS) board has opposed legislation that would prohibit CalSTRS from making additional or new investments in fossil-fuel companies and require divestment from these companies by July 1, 2021.
Investors | Mar 11, 2022 Waterton Partners with Second Avenue to execute SFR strategy by Released Waterton has plans to expand its investment strategy by investing in single-family rental (SFR) homes across Southeast and Southwest markets of the United States.
