Research | Jun 1, 2021 Q1 2021 net-lease investment volume close to fully recovered by Released Net-lease investment volume decreased by 2.6 percent year-over-year in first quarter 2021 to $14.3 billion, reported CBRE.
Investors | Jun 1, 2021 Almanac Realty Investors invests $200m in Klein Enterprises by Andrea Zander Klein Enterprises, a vertically integrated investor, developer and operator of diversified real estate holdings, has received a $200 million investment from Almanac Realty Investors.
Transactions | Jun 1, 2021 CBRE Global Investors acquires mixed-use portfolio in North Carolina by Released A fund sponsored by CBRE Global Investors has acquired the South End Collection, a recently renovated mixed-use portfolio in Charlotte, N.C., from Asana Partners.
Transactions | May 28, 2021 Taconic Capital Advisors acquires former Z NYC Hotel building in Long Island City by Kali Persall Taconic Capital Advisors has paid $38.4 million for the former Z NYC Hotel building in Long Island City in Queens, N.Y., according to several news reports.
Fundraising | May 28, 2021 JD Logistics raises more than $3b in IPO by Kali Persall JD Logistics, the logistics arm of China’s largest online retailer, JD.com, has raised $3.2 billion in an IPO after pricing its shares at the lower half of an indicative range, according to various news reports.
People | May 28, 2021 Larry Hull, chairman emeritus of IREI, passes away by Loretta Clodfelter Lawrence Hull, Jr., founding director, past chairman and chairman emeritus of Institutional Real Estate, Inc., has passed away.
Transactions | May 28, 2021 ST Telemedia and partners to develop new data center campus in Indonesia by Released Singapore-based ST Telemedia Global Data Centres (STT GDC) has entered into a strategic partnership with Indonesian conglomerate Triputra Group as well as Temasek, a global investment company, to develop a new data center operating platform in Jakarta, Indonesia.
Investors | May 28, 2021 Deutsche Investment pays €55m for German residential portfolio by Released Deutsche Investment has invested €55 million ($67 million) in eight properties across Germany — six residential properties in Berlin and one property each in the Hamburg metro region and the Rhineland metro region. The properties divide into 257 residential and 19 commercial units.
Transactions | May 28, 2021 Summix to deliver massive urban regeneration scheme in Ireland by Kali Persall Summix, a developer of sustainable property projects across the United Kingdom and Ireland, has been given the green light to deliver one of the largest, most significant urban regeneration projects in Ireland.
Investors | May 28, 2021 Mississippi PERS backs Invesco U.S. Fund VI by Kali Persall The Mississippi Public Employees' Retirement System (PERS) has approved a $75 million commitment to Invesco U.S. Fund VI, a private real estate fund managed by Invesco Real Estate.
Transactions | May 28, 2021 Immobel sells carbon-neutral office building in Brussels by Kali Persall Immobel, the largest listed property developer in Belgium, has sold shares of the company that owns Commerce 46, a sustainable office building in Brussels, to Allianz Real Estate.
Investors | May 28, 2021 New Mexico Educational Retirement Board backs latest Kildare fund by Kali Persall The New Mexico Educational Retirement Board (NMERB) has committed $50 million to Kildare European Partners III, a closed-end opportunistic real estate fund managed by Kildare Partners.
Research | May 28, 2021 German property market retains positive economic outlook by Released The COVID-19 pandemic has so far had little impact on Germany’s ongoing property boom. Even more than a year after the start of the pandemic, German property markets remain astonishingly stable, according to a new statement from Hamburg Commercial Bank, Becken Holding and DIOK RealEstate.
Transactions | May 28, 2021 UBS-AM REPM funds data center in Norwegian oil mine by Kali Persall UBS Asset Management (UBS-AM) Real Estate & Private Markets (REPM) has agreed to finance LMD, a data center facility located in the repurposed Lefdal olivine mine in western Norway.
Transactions | May 28, 2021 Oxford Properties Group acquires its first life science park in Europe by Kali Persall Oxford Properties Group, a real estate investment business of Canada’s OMERS, has made its first investment in the global life sciences sector in Europe.
Research | May 28, 2021 Spanish real estate sector continues healthy upward trend by Released As the number of coronavirus cases continues to drop in Spain, the real estate sector has recorded another healthy performance for the third month in a row, with a steady recovery in April on the back of improved indicators for the economy, travel and the sector in general.
Transactions | May 27, 2021 Brookfield Asset Management pays $200m for Bellevue office by Andrea Zander A real estate fund managed by Brookfield Asset Management has acquired Block 24 office building in The Spring District, a new urban Bellevue neighborhood in Washington, for $300 million.
Investors | May 27, 2021 SamCERA backs sixth Invesco real estate fund by Kali Persall IREI has learned that the San Mateo County Employees Retirement Association (SamCERA) has invested $50 million in a private real estate fund managed by Invesco Real Estate.
Investors | May 27, 2021 OP&F commits $60m to open-ended healthcare fund by Kali Persall The $18 billion Ohio Police & Fire Pension Fund (OP&F) has committed up to $60 million to a core, open-end fund targeting high-quality healthcare-related assets.
Transactions | May 27, 2021 Union Investment pays €500m for London office tower by Andrea Zander Union Investment has acquired the One Braham office tower in London.
