People | Jun 14, 2021 PennSRS CIO leaves to pursue a new opportunity by Kali Persall Seth Kelly, CIO for the Pennsylvania State Employees' Retirement System (PennSRS), has resigned from his post after a year in the role.
Investors | Jun 14, 2021 Illinois SURS backs Brookfield Strategic Real Estate Partners Fund IV by Kali Persall The Illinois State Universities Retirement System (SURS) has committed $75 million to a $17 billion real estate fund.
Research | Jun 14, 2021 CBRE releases its global investor intentions survey by Andrea Zander As the global economy bounces back from the pandemic-induced downturn, CBRE’s 2021 Global Investor Intentions Survey highlights the major strategies and asset preferences of global investors.
Investors | Jun 14, 2021 U.S. mall owner files for bankruptcy by Andrea Zander Washington Prime Group (WPG) has filed for bankruptcy due to the COVID-19 pandemic creating significant challenges.
Research | Jun 14, 2021 Melbourne’s hotel industry reports lower performance levels by Andrea Zander Melbourne’s hotel industry reported lower performance levels compared with the month prior, according to preliminary May 2021 data from STR.
Investors | Jun 14, 2021 Equinix forms partnership with GIC by Released Equinix has formed a partnership with GIC.
Investors | Jun 14, 2021 Jera Asset Management and Invesco Real Estate form industrial JV by Andrea Zander Invesco Real Estate has formed an industrial joint venture with Jera Asset Management.
Investors | Jun 14, 2021 Nebraska makes $10m follow-on to Kayne Anderson Real Estate Partners VI by Kali Persall Nebraska Investment Council has made a $10 million follow-on commitment to a fund managed by Kayne Anderson.
Investors | Jun 14, 2021 Retailers to use variety of tactics to attract in-store consumers by Loretta Clodfelter As more and more of the U.S. adult population becomes vaccinated against COVID-19, the economy is moving toward a full reopening and retailers will attempt to take advantage of consumers who are flush with cash and ready to spend.
Investors | Jun 14, 2021 GMH Capital Partners rebrands to GMH Communities by Released GMH Capital Partners, the real estate investment subsidiary of GMH Associates, has been renamed GMH Communities.
Transactions | Jun 14, 2021 M7 Real Estate sells two assets on behalf of M7 REIP III by Released M7 Real Estate has completed the sale of two further assets totaling 130,000 square feet, on behalf of M7 Real Estate Investment Partners III (M7 REIP III).
Transactions | Jun 14, 2021 Matter Real Estate invests in Auxesia Homes by Released Matter Real Estate has invested in Auxesia Homes.
Research | Jun 14, 2021 Student housing outlook for fall 2021 improves by Andrea Zander Preleasing for the fall 2021 college term is still lagging prior years, but Yardi Matrix analysts expect performance will improve over the summer, with most colleges and universities planning to return to in-person instruction beginning in August and September.
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Investors | Jun 11, 2021 San Francisco Employees' commits $40m to Milestone Real Estate Investors V by Kali Persall The San Francisco Employees' Retirement System (SFERS) has committed $40 million to a closed-end value-add real estate fund managed by The Milestone Group.
Research | Jun 11, 2021 Retail sales to exceed $4.44t in 2021 by Andrea Zander The National Retail Federation (NRF) has revised its annual forecast for 2021, anticipating U.S. retail sales will now grow between 10.5 percent and 13.5 percent to more than $4.44 trillion this year as the economy accelerates its pace of recovery.
Investors | Jun 11, 2021 Nashville & Davidson County backs Centerbridge Partners Real Estate Fund II by Kali Persall IREI has learned that the Metropolitan Government of Nashville & Davidson County (Tenn.) Employee Benefit Trust Fund has committed $30 million to a fund managed Centerbridge Partners.
Fundraising | Jun 11, 2021 Red Rock Developments nears $200m for industrial fund by Kali Persall Red Rock Developments has collected $193.3 million for its Red Rock Industrial Fund I, according to a recent filing with the SEC.
Fundraising | Jun 11, 2021 China Life Insurance backs Warburg Pincus’ new Asian fund by Kali Persall China Life Insurance Co. has committed $30 million to Warburg Pincus Asia Real Estate, IREI understands.
Transactions | Jun 11, 2021 Sigma Capital agrees to €220m takeover by PineBridge Benson Elliot by Released Sigma Capital Group has agreed to be bought by a subsidiary of investment funds managed by PineBridge Benson Elliot.
