Investors | Apr 29, 2022 Dream Industrial REIT, Dream Unlimited Corp. establish $1.2b Toronto development JV by Andrea Zander Dream Industrial Real Estate Investment Trust (Trust) has formed a C$1.5 billion ($1.2 billion) develop-to-hold joint venture with a leading global sovereign wealth fund.
Transactions | Apr 29, 2022 R&F Properties to sell London asset by Andrea Zander R&F Properties has sold its 50 percent stake in the Thames City scheme at Nine Elms in London.
Fundraising | Apr 29, 2022 Pennybacker Real Estate Credit II holds final close by Kali Persall Pennybacker Capital has raised more than $160 million for its Pennybacker Real Estate Credit II fund, according to a filing with the SEC.
Transactions | Apr 29, 2022 Kennedy Wilson acquires 3 Mountain West multifamily communities for $418m by Andrea Zander Kennedy Wilson has acquired three wholly owned multifamily communities totaling 1,110 units in three separate off-market transactions for $418 million.
Transactions | Apr 29, 2022 Tishman Speyer acquires iconic Klöpperhaus at Mönckebergstraße in central Hamburg by Released Tishman Speyer has acquired Klöpperhaus at Mönckebergstraße 3.
Fundraising | Apr 29, 2022 LIP Invest announces first close for latest German logistics fund by Kali Persall LIP Invest, a provider of special logistics real estate funds in Germany, has completed the first closing.
Transactions | Apr 29, 2022 Decron Properties acquires eighth multifamily asset in Phoenix for $128m by Released Decron Properties has acquired Tamarron Apartments, a 328-unit garden-style multifamily community in Phoenix, for $128 million.
Transactions | Apr 29, 2022 Breakthrough Properties raises $3b to develop next generation life-science ecosystems by Andrea Zander Breakthrough Properties, a joint venture of Tishman Speyer and Bellco Capital, today announced the final closings for the Breakthrough Life Science Property Fund.
Transactions | Apr 29, 2022 KKR acquires seven industrial buildings for $272m by Andrea Zander KKR has purchased seven industrial distribution buildings totaling nearly 1.8 million square feet (SF) serving the Dallas, Fort Worth and Atlanta markets.
Transactions | Apr 29, 2022 DivcoWest buys Northridge Summit in San Diego for $76.1m by Released DivcoWest has paid $76.1 million for Northridge Summit, a class-A, single-tenant office building totaling approximately 130,000 square feet in San Diego.
Transactions | Apr 29, 2022 Trammell Crow acquires first site in Germany by Released Trammell Crow Co. (TCC) has acquired its first site in Germany and entered into an exclusivity agreement on another, marking the firm’s first-class A logistics projects in the country.
Transactions | Apr 28, 2022 Thor Equities plans for €600m data center in Spain by Released Thor Equities Group, a global leader in real estate, has signed a contract to acquire and develop a state-of-the-art €600 million ($630 million) data center facility in Madrid.
Investors | Apr 28, 2022 Under the surface: Could web scraping help improve real estate investment? by Julius ÄŚerniauskas While a relatively stable investment, real estate has to be evaluated based on numerous external and internal factors. Some of them might have an immediately obvious impact on pricing, such as construction, or the most up-to-date renovation date. These are also relatively easy to find.
Fundraising | Apr 28, 2022 M&G Real Estate raises €524m for European Property Fund by Released M&G Real Estate has secured €524 million ($555 million) for its €5 billion ($5.3 billion) European Property Fund during the past few months, representing the largest amount raised in a single quarter in the fund’s 15-year history.
Transactions | Apr 28, 2022 AMP sells Collimate Capital’s international infrastructure equity business by Released AMP has entered into an agreement for the sale of Collimate Capital’s international infrastructure equity business.
Transactions | Apr 28, 2022 IHP Capital Partners and Intracorp Homes to transform Southern California site into 33 single-family homes by Released IHP Capital Partners have formed a joint venture to acquire a 2.9-acre parcel in Arcadia, Calif.
Transactions | Apr 28, 2022 Colonial invests €485m in Paris office complex by Andrea Zander Colonial has finalized the purchase of the Amundi's headquarters in Paris for €485 million ($510 million).
People | Apr 28, 2022 Blackstone expands presence in South Korea by Released Blackstone has plans to expand its presence in South Korea, a key market where it has built a presence during the past 15 years.
Transactions | Apr 28, 2022 Upscale resort near Walt Disney World trades for approximately $121m by Released A joint venture between Tishman Realty and Cross Lake Partners has acquired Wyndham Grand Orlando Resort Bonnet Creek.
Transactions | Apr 28, 2022 Hudson Pacific completes acquisition of Washington 1000 development site by Released Hudson Pacific Properties has acquired Washington 1000, a fully entitled, state-of-the-art office development site in Seattle, for $85.6 million before closing adjustments.