Investors | Aug 24, 2021 Ontario Teachers hits $179b of net assets by Kali Persall The Ontario Teachers’ Pension Plan had a total-fund net return of 3.8 percent for the first six months of 2021, with a total-fund net return for the past 12 months of 13.2 percent.
Transactions | Aug 24, 2021 CalPERS makes eighth investment with Paragon Commercial Group by Released Paragon Commercial Group and Canyon Partners Real Estate have acquired Village Center.
Investors | Aug 24, 2021 Starwood Capital, Arrow Capital JV recapitalizes properties in Australia by Released A joint venture between an affiliate of Starwood Capital Group and Arrow Capital Partners has entered into an agreement for the recapitalization of a portfolio of office and industrial assets alongside Altis Property Partners.
Fundraising | Aug 24, 2021 Schroders and Civitas hold final close for Social Supported Housing Fund by Kali Persall Schroders Capital and Civitas Investment Management have raised £192 million ($262 million) for their Social Supported Housing Fund.
Investors | Aug 24, 2021 Equity Residential and Toll Bros. form $1.9b strategic apartment partnership by Andrea Zander Equity Residential and Toll Bros., through its Toll Brothers Apartment Living division, have established a strategic partnership to develop new rental apartment communities in key U.S. markets.
Investors | Aug 24, 2021 Faring, Standard to invest $2b in middle-income housing by Andrea Zander Faring and Standard Communities plan to invest more than $2 billion of middle-income housing across California.
Investors | Aug 24, 2021 Ohio STRS clocks returns of more than 29% by Kali Persall The State Teachers Retirement System (STRS) of Ohio saw a 29.2 percent return on investments for fiscal year 2021.
Investors | Aug 24, 2021 Europa Capital and Cromwell launch €150m German logistics JV by Andrea Zander Europa Capital and Cromwell Property Group have launched a German logistics joint venture.
Research | Aug 24, 2021 Commercial real estate lending markets mirror economic recovery by Released Commercial lending markets strengthened in second quarter 2021.
Transactions | Aug 24, 2021 Hines to develop first BTR multifamily asset in Melbourne by Released Hines announced its entrance into the nascent Australian build-to-rent (BTR) sector.
Transactions | Aug 24, 2021 M&G adds Japanese logistics facility to core Asia Pacific property portfolio by Released M&G has acquired a 40 percent interest in a prime logistics facility in Nagoya, Japan.
Transactions | Aug 24, 2021 Savills IM acquires distribution center near Amsterdam for European logistics fund by Released Savills Investment Management has acquired a newly constructed distribution center near Amsterdam.
Strong opportunities for office investment remain amid the uncertainty by Jennifer Babcock Despite the unprecedented shifts COVID-19 has caused in the U.S. office market, some excellent investment opportunities are likely to emerge for the careful and experienced office investor, according to a sponsored report by CIM.
Transactions | Aug 24, 2021 PRP makes $2b in net lease office and logistics deals by Released PRP, an investment management firm focused on credit net-lease investments, has agreed to acquire a series of logistic properties and data center land sites nationwide and sell several net-lease office investments for a total consideration of $2 billion.Â
People | Aug 24, 2021 ShopOne Centers REIT makes two executive promotions by Kali Persall ShopOne Centers REIT has promoted two members of its executive team.
Investors | Aug 23, 2021 Homes England provides $54m loan for Mayfield Village retirement homes by Released Homes England, the government’s housing agency, has provided a £40 million ($54 million) funding injection from its £4.5 billion ($6.1 billion) Home Building Fund to accelerate the construction of 255 mid-market retirement homes in Audley Group’s Mayfield Villages portfolio in Watford.
Investors | Aug 23, 2021 San Jose makes more than $130m of commitments to real estate in first half of the year by Kali Persall The San Jose (Calif.) Office of Retirement Services has disclosed $133 million in real estate commitments on behalf of two of its plans during the first half of the year.
Transactions | Aug 23, 2021 China Evergrande Group to sell 26-story property for $2b by Kali Persall Developer China Evergrande Group is in talks to sell China Evergrande Center in Hong Kong’s Wanchai district, the firm’s largest single-property asset, sources familiar with the matter told Mingtiandi.
Transactions | Aug 23, 2021 Savills IM parts with Mowlem Trading Estate after seven-year redevelopment by Kali Persall Savills Investment Management has sold the multi-let Mowlem Trading Estate in North London, to Goodman for an unknown amount.
Transactions | Aug 23, 2021 Avanti Residential pays $105m for class A apartment building in Florida by Released Avanti Residential has acquired 500 Ocean, a 341-unit class A apartment community in Boynton Beach, Fla., for $105 million ($308,000 per unit).
