Transactions | Apr 7, 2022 LDR Capital Management announces merger with REMS Group by Released LDR Capital Management, an investment advisory firm specializing in REITs and real estate–related securities, announced the successful completion of a merger with Real Estate Management Services Group.
Transactions | Apr 7, 2022 Hackman Capital, Square Mile Capital and The MBS Group to develop and operate media campus near Dublin by Released Hackman Capital Partners and partner Square Mile Capital Management announced their further investment in the Irish creative industries.
Transactions | Apr 7, 2022 Legacy Partners, Pacific Life JV closes on residential high-rise in Denver by Released Legacy Partners and Pacific Life, a provider of equity and debt capital to the real estate market, have announced the close of Araceli DTC.
Investors | Apr 7, 2022 Legal & General and Oxford University set to deliver new postgraduate accommodation as part of €4.8b partnership by Released Legal & General and Oxford University have agreed the development of Court Place Gardens, an estate containing new postgraduate homes specifically designed for families, as part of Legal & General and Oxford University’s £4 billion (€4.8 billion/$5.23 billion) partnership.
Investors | Apr 7, 2022 CBRE Investment Management and NN Group launch venture to invest in Dutch sustainable residential real estate by Andrea Zander CBRE Investment Management and NN Group have launched Positive Impact Programmatic Venture (PIPV), a collaboration between NN and CBRE Investment Management with an initial equity commitment of €500 million ($546 million).
Investors | Apr 7, 2022 M&G enters Australia’s multifamily market after agreeing $337m partnership with Novus by Andrea Zander M&G Real Estate, part of M&G plc’s £72 billion ($94.4 billion) private assets and alternatives division, has made its first foray into Australia’s multifamily market (also known as build-to-rent) via a develop-to-core partnership with Novus, a developer, owner and operator of multifamily assets.
Research | Apr 7, 2022 Opportunities and challenges in the apartment sector by Loretta Clodfelter The apartment sector is likely to be well positioned in the year ahead, though rising inflation may create some challenges for residents.
Investors | Apr 6, 2022 CalSTRS and South Korea’s KTCU launch U.S. logistics JV by Kali Persall The California State Teachers’ Retirement System (CalSTRS) and Korean Teachers’ Credit Union (KTCU), a public pension fund based in South Korea, have launched a joint venture targeting logistics centers in the United States.
Transactions | Apr 6, 2022 Tristan Fund further expands its French logistics platform by Released EPISO 5, a fund managed by Tristan Capital Partners, has acquired a portfolio of three logistics assets (Essentials portfolio) from Ivanhoé Cambridge, a global real estate investor, for €43.6 million ($47.56 million).
People | Apr 6, 2022 Europa Capital appoints Rachel Hanke as managing director, portfolio manager by Released Europa Capital, a pan-European real estate investment manager, has appointed Rachel Hanke as managing director, portfolio manager.
Investors | Apr 6, 2022 Arkansas Public Employees backs Carlyle, Clarion and Principal open-ended funds by Kali Persall The $11.6 billion Arkansas Public Employees Retirement System (APERS) has approved new commitments to three open-ended, core-plus real estate funds, IREI has learned.
People | Apr 6, 2022 Tim Siegman joins TruAmerica Mulitfamily as CFO by Released Tim Siegman has joined TruAmerica Multifamily as CFO.
Transactions | Apr 6, 2022 Nuveen continues expansion and diversification of its Asia Pacific Cities portfolio by Released The Asia Pacific Cities Fund (APCF), a part of Nuveen’s Global Resilient Cities series, has acquired a data center in Hong Kong, the fund’s first investment in the city, and three multifamily properties in Osaka, Japan.
Research | Apr 6, 2022 U.S. industrial vacancy reaches new all-time low at 3.3% by Released The strong demand for U.S. industrial space has pushed vacancy to an all-time low of 3.3 percent, and increased rental rates 15.2 percent year-over-year (YOY), according to Cushman & Wakefield in its first quarter 2022 U.S. industrial statistics.
Transactions | Apr 6, 2022 Savills IM U.K. Value Boxes Fund deploys €84m following launch in October by Released Savills Investment Management has announced that its U.K. Value Boxes Fund (UKVB) has deployed £75 million (€84 million/$49.05 million) with the closing of its first four assets across the United Kingdom since its launch in October 2021.
People | Apr 6, 2022 PS Business Parks names new president and CEO by Released Stephen Wilson has been appointed president and CEO at PS Business Parks.
Fundraising | Apr 6, 2022 Actis Asia Real Estate 2 wraps up fundraising at $700m by Kali Persall Actis has wrapped up fundraising for its Actis Asia Real Estate 2 (AARE2) vehicle, raising $700 million of LP fund and co-investment commitments.
Investors | Apr 6, 2022 GPT, QuadReal expands Australian JV to $1.5b by Andrea Zander The GPT Group and QuadReal Property Group have expanded their 50-50 joint venture to A$2 billion ($1.51 billion).
Investors | Apr 5, 2022 Creation RE and J.P. Morgan form $1b JV by Andrea Zander Creation RE and institutional investors advised by J.P. Morgan Global Alternatives have formed a joint venture that will invest $1 billion in industrial, warehouse and logistics real estate projects across four states.
Transactions | Apr 5, 2022 Macy’s to build $584m fulfillment center in North Carolina by Released Macy’s has plans to open a new fulfillment center in China Grove, N.C., in 2024 to meet the growing demands of its omnichannel business.
