CBRE IM appoints leader for transactions, investments in the Nordics by Kali Persall CBRE Investment Management (CBRE IM) has appointed Jenny Tuleby as head of transactions and investment operations for the Nordics, based in Stockholm.
Transactions | May 6, 2022 Lofter Group, BentallGreenOak, Schroders acquire redevelopment site in Hong Kong by Kali Persall Hong Kong property developer Lofter Group has partnered with BentallGreenOak and Schroders Capital to acquire a majority portion of Nos. 31-37 Hankow Road in core Tsim Sha Tsui, an urban area in Hong Kong, for grade-A commercial redevelopment.
Research | May 6, 2022 Dodge Momentum Index moves near all-time high in April by Released The Dodge Momentum Index (DMI), issued by Dodge Construction Network, moved 6 percent higher in April to 164.8, up from the revised March reading of 155.0.
Research | May 6, 2022 Asia Pacific attractive for life-science occupiers, report finds by Kali Persall Life-science occupiers are flocking to the Asia Pacific region, lured by its proximity to quality talent and strong consumer markets, according to a recent report from JLL.
Fundraising | May 6, 2022 Lone Star brings new debt fund to market by Kali Persall Lone Star, a Texas-based private-equity firm advising funds that invest globally in real estate, equity, credit and other financial assets, has brought a new debt fund to market, according to a recent filing with the SEC.
Research | May 6, 2022 U.S. economy adds 428,000 jobs in April by Loretta Clodfelter The United States added 428,000 jobs in April, according to the Bureau of Labor Statistics, and the unemployment rate remains unchanged at 3.6 percent.
Transactions | May 6, 2022 Hines European Value Fund signs office agreements in Poland by Released The Hines European Value Fund (HEVF 1) has signed four agreements for office space spanning a total of 7,500 square meters (80,729 square feet) at Wola Center in Warsaw.
Transactions | May 6, 2022 Multifamily property in Scottsdale, Ariz., sells for $145m by Kali Persall Liv Communities has sold Liv North Scottsdale, its 240-unit multifamily property in Scottsdale, Ariz., for $145 million.
Transactions | May 6, 2022 EPC and Promecap to convert two extended-stay hotels in Florida into apartments by Kali Persall Eagle Property Capital Investments (EPC), a vertically integrated real estate investment manager focused on the value-add multifamily space, has acquired two extended-stay hotels near Tampa, Fla., alongside its joint venture partner, Promecap.
Research | May 6, 2022 Private debt prospers despite high-inflation environment by Kali Persall Even as the United States contends with the worst period of inflation in 40 years, the private-debt market is flourishing.
Transactions | May 6, 2022 Nuveen, Taconic, North American Properties acquire mixed-use lifestyle center in New York by Kali Persall Nuveen Real Estate, Taconic Partners and North American Properties have acquired Ridge Hill, a 1.2 million-square-foot, mixed-use lifestyle center in Yonkers, N.Y., for $220 million.
Transactions | May 5, 2022 SHVO and Rosewood Hotels & Resorts partner up for restoration project of iconic Miami hotel by Released SHVO and Rosewood Hotels & Resorts have partnered up for the revival and restoration of The Raleigh, an iconic Miami Beach property.
Transactions | May 5, 2022 Octopus Real Estate enters U.K. specialist care market through €117m deal by Released Octopus Real Estate, part of Octopus Group and a U.K. specialist real estate lender and investor and The Hamberley Group, a healthcare operator and developer, have announced Octopus Real Estate’s entrance into the specialist care market through an acquisition of six of Hamberley’s assets.
Research | May 5, 2022 Asia Pacific office absorption falls in first quarter by Andrea Zander Asia Pacific regional net absorption in the office sector fell from fourth quarter 2021’s 15.4 million square feet to 11.8 million square feet net floor area in first quarter 2022.
Transactions | May 5, 2022 Heitman to repurpose Hong Kong industrial asset into cold storage facility by Andrea Zander Heitman has acquired a 100,000-square-foot logistics asset in Hong Kong.
Transactions | May 5, 2022 Cold storage REIT plans major expansion into Singapore by Released Lineage Logistics has acquired Mandai Link Logistics.
Investors | May 5, 2022 Nashville pension fund seeks general pension investment consultant by Kali Persall The Metropolitan Government of Nashville & Davidson County Employee Benefit Trust Fund has launched an RFP for a general pension investment consultant.
Fundraising | May 5, 2022 Mirabaud Grand Paris strategy secures €150m by Kali Persall Mirabaud Asset Management has raised €150 million ($158 million) for its Mirabaud Grand Paris strategy from large institutional and family office clients across Europe.
Transactions | May 5, 2022 Miami hotel sells for $232m by Released Sunstone Hotel Investors has entered into a definitive agreement with an affiliate of Hyatt Hotels Corp. to acquire the 339-room The Confidante Miami Beach.
Fundraising | May 5, 2022 Machine Investment Group closes inaugural fund with $312m by Kali Persall Machine Investment Group has closed its inaugural fund vehicle.
