Research | Sep 7, 2021 Global hotel construction pipeline projects in early planning stage rise year-over-year by Released Lodging Econometrics (LE) has released its Global Hotel Construction Pipeline Trend Report.
Transactions | Sep 3, 2021 Manulife Investment Management closes on more than 300,000 acres of Texas timberlands by Released Hancock Natural Resource Group, a company of Manulife Investment Management, announced the closing of a transaction on behalf of its client, AP3, with TexMark Timber Treasury L.P. (Triple T), a joint venture managed by CatchMark Timber Trust.
Investors | Sep 3, 2021 City of Fresno Retirement Systems re-ups in Artemis Real Estate Partners Fund IV by Kali Persall The City of Fresno Retirement Systems (CFRS) has approved a $30 million follow-on commitment in Artemis Real Estate Partners Fund IV, pending investment due diligence and legal reviews.
Investors | Sep 3, 2021 CalSTRS designs framework to help it reach net-zero by 2050 by Kali Persall The California State Teachers’ Retirement System (CalSTRS), has approved a four-part framework which includes a commitment to achieving net-zero greenhouse gas emissions across its investment portfolio by 2050 or sooner.
Fundraising | Sep 3, 2021 Smart city fund adds capital from Whitehelm and APG by Kali Persall Whitehelm Capital and APG Asset Management, acting on behalf of pension fund client ABP, have closed the second funding round of the Smart City Infrastructure Fund (SCIF).
Transactions | Sep 3, 2021 Decron Properties acquires multifamily community in Tempe for $106m by Released Decron Properties has purchased Broadstone Grand, a 300-unit multifamily community in Tempe, Ariz., for $106.5 million.
Transactions | Sep 3, 2021 ASB, Western National Group pay $227m for garden apartment in Inland Empire by Andrea Zander ASB Real Estate Investments announced the acquisition of a 521-unit garden apartment complex in Inland Empire for $227 million.
Research | Sep 3, 2021 Sustainability and the future of data management by Rosanna Woods, Drooms The virtues of Europe’s real estate market make it attractive to investors worldwide. It offers breadth, depth and reliable income streams, all of which investors covet.
Transactions | Sep 3, 2021 Tristan fund acquires office tower in Essen, Germany by Released Tristan Capital Partners' core-plus CCP 5 LL fund and Silverton Asset Solutions have acquired a landmark office tower in Essen, Germany.
Transactions | Sep 3, 2021 Lineage Logistics completes U.K. cold-storage warehouse expansion by Released Lineage Logistics has completed the expansion of its Heywood Northern Superhub.
Transactions | Sep 3, 2021 EfTEN Real Estate Fund acquires Riga office campus for €131m by Andrea Zander EfTEN Real Estate Fund 4 has acquired an office campus in Riga from Hanner Group for €131 million ($156 million), which makes it the largest office deal in Latvia to date.
Transactions | Sep 3, 2021 Melvin Marks Cos. JV to sell data center in Portland by Released A partnership between Melvin Mark Cos. and Downtown Development Group has plans to sell Union Bank Tower
Research | Sep 3, 2021 Australia: Don't write off the office by Released Commercial office vacancy rates should drop sharply in the next two years as Australia emerges from COVID lockdowns due to high vaccination rates, increasing employment and a decline in the popularity of work from home, according to AMP Capital research.
People | Sep 3, 2021 QIC appoints Allison Hill as CIO by Kali Persall QIC has promoted Allison Hill to CIO.
Research | Sep 3, 2021 U.S. solidly a net buyer as outbound investment accelerates by Andrea Zander The pandemic continues to hamper foreign investment in U.S. commercial real estate, according to CBRE.
Transactions | Sep 3, 2021 Real I.S. fund buys local retail center in Netherlands by Released Real I.S. AG has acquired the Keizerslanden local retail center in the Dutch city of Deventer.
Fundraising | Sep 3, 2021 Walton Street / BlackSoil fund holds first close by Kali Persall Walton Street BlackSoil Real Estate Debt Fund II (WSBREDF-II) has completed a first close.
Research | Sep 3, 2021 Hospitality market impresses during the first half of 2021 by Released The hospitality debt markets have been on an impressive tear in the first half of 2021, with spread tightening of 100 basis points to 200 basis points since January, according to JLL.
What is the future of the office industry post-pandemic? by Beth Mattson-Teig One of the big unanswered questions following the COVID-19 pandemic is exactly how significantly the great work-from-home experiment could shake up the urban office market.
The construction industry is navigating rising costs of lumber and other materials by Denise Moose When the pandemic struck last year, shutdowns caused sawmills to halt production at the same time that quarantining Americans rushed to Home Depot and Lowe’s to buy up materials for do-it-yourself projects.
