Transactions | Oct 14, 2021 WPT Industrial REIT receives court approval for $3.1b deal with Blackstone by Andrea Zander An affiliate of Blackstone Real Estate Income Trust Inc. will acquire all of the outstanding trust units of WPT Industrial Real Estate Investment Trust.
Research | Oct 14, 2021 U.S. fast-casual restaurant visits rebound after steep declines in 2020 by Andrea Zander U.S. fast-casual restaurants did n.ot fare as well as traditional quick-service restaurants early in the pandemic, but their customers are returning
Research | Oct 14, 2021 Another record-breaking quarter for industrial by Released The U.S. industrial market ended the third quarter of 2021 with record-setting statistics and demand outpacing supply for the third quarter in a row.
Research | Oct 14, 2021 Institutional investment continued to flow into the U.K. seniors housing market, 73% increase from 2020 by Andrea Zander Institutional investment continued to flow into the U.K. seniors housing market in 2021, with more than £800 million (€945 million/$1 billion) spent in the first nine months of the year.
Research | Oct 14, 2021 JLL's Q3 Office Outlook: Promising signs for the office market by Andrea Zander Tenant demand is stabilizing. Despite the Delta variant and slower re-entry timeframes than expected, tenant demand remains firm for quality space that meets health, safety and flexibility needs.
Transactions | Oct 13, 2021 Lincoln Property Co. and Cara Investment makes third JV, buys San Francisco asset by Released A joint venture of Lincoln Property Co. and Cara Investment has acquired 384 Post Street on Union Square in the heart of San Francisco’s luxury retail district.
Transactions | Oct 13, 2021 GID receives financing for $2b Atlanta mixed-use project by Released JLL Capital Markets has arranged a construction loan for the development of Phase I of High Street.
Transactions | Oct 13, 2021 Digital infrastructure REIT completes acquisition of stake in Vertical Bridge by Released DigitalBridge Group announced that funds affiliated with DigitalBridge Investment Management, the company’s investment management platform, have completed the previously announced acquisition of a controlling stake in Vertical Bridge Holdings.
Investors | Oct 13, 2021 TRS Louisiana backs Centerbridge, Sares Regis funds by Kali Persall The $27.2 billion Teachers’ Retirement System (TRS) of Louisiana has put a total of $135 million in two real estate funds.
Fundraising | Oct 13, 2021 ElmTree Funds closed its largest commingled fund to date by Kali Persall Missouri-based ElmTree Funds has closed its largest commingled fund to date.
Transactions | Oct 13, 2021 Toll Brothers and Principal Real Estate JV to develop rental community in Massachusetts by Released Toll Brothers, through its Toll Brothers Apartment Living rental division, and Principal Real Estate Investors have formed a new joint venture to develop Atwood.
Transactions | Oct 13, 2021 WPC breaks ground on $107m apartment community in Bethesda, Md. by Released Washington Property Co. (WPC) has broken ground on a new $107 million apartment community in downtown Bethesda, Md.
Research | Oct 13, 2021 Investors pour €2.94b into Southeast office market by Released Investment volumes in London’s Southeast office market so far this year have already eclipsed the full-year tallies from 2020 and 2019, according to Knight Frank.
Transactions | Oct 13, 2021 Avanti Residential acquires apartments in South Florida for $102m by Released Avanti Residential has acquired Sanctuary Doral, an ultra-luxury 226-unit multifamily community in Doral, Fla., for $102 million.
Research | Oct 13, 2021 Capital raised for European non-listed real estate debt hits highest level since 2015 by Released 2020 recorded the highest share of capital raised for European non-listed real estate debt products since 2015, a sharp increase to 19 percent from just 5 percent in 2019.
Transactions | Oct 13, 2021 AnaCap and Maya Capital acquire London office and hotel scheme for €147m by Released AnaCap Financial Partners and Maya Capital have completed the acquisition of 160 Blackfriars Road in London’s Southbank for €147 million ($170 million).
Transactions | Oct 13, 2021 China Merchants Shekou and Poly Developments and Holdings join forces to build high-end commercial complex in Wenzhou, China by Released China Merchants Shekou Industrial Zone Holdings Co., Ltd. and Poly Developments and Holdings Group Co. have formed a joint venture to develop Majestic Mansion, a large-scale high-end commercial complex.
People | Oct 13, 2021 Wheeler Real Estate Investment Trust appoints CEO and president by Andrea Zander Wheeler Real Estate Investment Trust has appointed M. Andrew Franklin as CEO and president.
Fundraising | Oct 13, 2021 BNP Paribas REIM secures €300m for European Impact Property Fund by Kali Persall BNP Paribas Real Estate Investment Management (BNP Paribas REIM) has raised €300 million ($346 million) in equity capital commitments for its open-ended European Impact Property Fund (EIPF).
Transactions | Oct 13, 2021 Charter Hall completes more than $75m in acquisitions in South Australia by Released Charter Hall Group (Charter Hall) has purchased two high-quality, government-leased industrial assets in South Australia for more than A$100 million ($75 million).