Fundraising | Apr 5, 2022 GI Real Estate Essential Tech + Science Fund completes $1.45b initial fundraise by Kali Persall GI Partners has closed its initial fundraising period for the firm's newest vehicle and first commingled real estate fund, the GI Real Estate Essential Tech + Science Fund (ETS Fund).
Transactions | Apr 5, 2022 CapitaLand Development pays $551m for two prime residential sites by Andrea Zander CapitaLand Development (CLD), the development arm of CapitaLand Group, has been awarded two prime residential sites in China, one each in the cities of Wuhan and Chengdu, at a total price of RMB3.49 billion ($551 million).
Transactions | Apr 5, 2022 ESR accelerating data center efforts with 20MW new development in West Tokyo by Released ESR Cayman has acquired a key data center asset in Higashi Kurume, which is in the Mitaka area of Tokyo.
Investors | Apr 5, 2022 Taurus and Kayne Anderson Real Estate form JV to acquire 1,020-unit multifamily property in Boston by Released Taurus Investment Holdings and Kayne Anderson Real Estate have formed a joint venture to acquire Halstead Framingham.
Research | Apr 5, 2022 Landlords seeing healthy potential of gyms as fitness industry set to lead U.K. high street revival by Andrea Zander Gyms and health clubs are set to benefit from the reinvigoration of the property market post-pandemic, with leading health club provider Anytime Fitness aiming to open more than 20 new clubs in 2022, according to CBRE.
Transactions | Apr 5, 2022 Tristan Capital buys €504m stake in Point A Hotels by Andrea Zander Tristan Capital Partners’ latest opportunistic fund has acquired a majority shareholding in Raag Hotels.
Fundraising | Apr 4, 2022 Amazon Property lines up $276m for alternative real estate sectors by Kali Persall Amazon Property, a London property investment and development group, has committed a £250 million ($276 million) real estate fund to provide private equity funding to joint venture partners/development managers and asset managers in the logistics, managed office solution, PBSA, life sciences and retirement sectors.
Transactions | Apr 4, 2022 Carr Properties JV breaks ground on Austin office tower by Andrea Zander Carr Properties has teamed up with Manifold Development to build its first project, Block 16, a 43-story office tower, to downtown Austin next to the Austin Convention Center.
People | Apr 4, 2022 Pieter Nel, new CEO of American Tower Europe by Released American Tower Corp. has named Pieter Nel CEO for Europe.
Transactions | Apr 4, 2022 BioMed Realty acquires largest life science and office campus in Boulder, Colo. by Released BioMed Realty has acquired Flatiron Park located in Boulder, Colo.
Transactions | Apr 4, 2022 Slate accelerates growth in Europe with $170m portfolio acquisition of 36 essential real estate assets in Norway by Released Slate Asset Management has bought 36 essential real estate assets in Norway for over NOK 1.5 billion ($170 million).
Transactions | Apr 4, 2022 GID Industrial and SunCap Property Group form Las Vegas development JV by Released In a joint-venture partnership, GID Industrial and SunCap Property Group have acquired more than 26 acres in the North Las Vegas submarket.
Transactions | Apr 4, 2022 Patron, Sonar Real Estate acquire Prisma office building in Frankfurt from Commerz Real by Released Patron Capital and its joint-venture partner Sonar Real Estate have acquired Prisma, a landmark office building at Hahnstrasse 55 in Frankfurt.
Measurabl launches ESG real estate data product by Released Measurabl has launched its ESG Real Estate Data offering.
Transactions | Apr 4, 2022 Hong Kong investor acquires City of London office for €228m by Andrea Zander Hong Kong-based Manhattan Garments Group has completed the acquisition of 5 Fleet Place, London, EC4 from Poly Global.
Transactions | Apr 4, 2022 Carter Multifamily purchases $121m multifamily portfolio in Alabama by Released Carter Multifamily has acquired a $121 million multifamily four-property portfolio located in the Mobile, Ala., market.
Transactions | Apr 4, 2022 Acorn Property buys South West England sites for €466m of development by Andrea Zander Acorn Property has announced a £390 million (€466 million/$512 million) residential development drive across the South West England, which will provide 821 homes.
People | Apr 4, 2022 CBRE Investment Management welcomes Zeke Patterson as portfolio management director for U.S. value-add fund series by Released CBRE Investment Management welcomes Zeke Patterson as portfolio management director for U.S. value-add fund series.
Transactions | Apr 4, 2022 URW to sell German shopping center for €116m by Andrea Zander Unibail-Rodamco-Westfield (URW) has entered an agreement with an institutional investor for the sale of Gera Arcaden, in Germany, for an agreed total of €116 million ($127 million).
Transactions | Apr 4, 2022 AEW sells Singapore office for $442m to KKR by Andrea Zander KKR has paid $442 million for office tower Twenty Anson in Singapore’s Tanjong Pagar area
