Investors | Oct 7, 2021 Tennessee pension makes $50m investment to medical office portfolio by Andrea Zander Texas County & District Retirement System (TCDRS) has made a $50 million co-commitment to a joint venture with AEW and Montecito Medical, as part of the $245 million recapitalization of a 31-property medical office–building portfolio across 10 states.
Research | Oct 7, 2021 World trade growth has peaked, risks skew to downside by Andrea Zander World goods trade volumes have been edging downward since March.
Research | Oct 7, 2021 MIM: Multifaceted approach to real estate investing for resilience management by Andrea Zander Regan Smith, managing director of real estate sustainability at Manulife Investment Management, explores why climate resilience management is vital in the face of climate change and the initiatives that can be undertaken in real estate portfolios and management practices.
Transactions | Oct 6, 2021 Ares Management Funds and Generation Partners fund Leeds student accommodation scheme by Released McLaren Property’s Leonardo and Thoresby buildings Leeds student accommodation scheme in the United Kingdom has been funded by funds managed by the Real Estate Group of Ares Management and Generation Partners, who will also acquire the completed development.
Transactions | Oct 6, 2021 Hausinvest to enter Irish market with office property in Dublin by Released Commerz Real has acquired an office property.
People | Oct 6, 2021 Madison International Realty promotes two co-heads by Released Madison International Realty has announced two promotions.
KGAL fund acquires office building in London by Released German asset manager KGAL Investment Management GmbH & Co. KG has acquired the office building 101 St Martin’s Lane in London’s West End.
Transactions | Oct 6, 2021 HUB and Bridges Fund Management submits plans for residential-led regeneration scheme by Released Developer HUB and Bridges Fund Management have submitted plans for a residential-led regeneration scheme in Leeds, U.K.
Research | Oct 6, 2021 U.K. M&A in food and beverage sector highest since 2010 by Andrea Zander U.K. food and beverage mergers & acquisitions (M&A) market activity was at its highest since 2010, according to Oghma Partners.
Transactions | Oct 6, 2021 GIC enters strategic partnership with Magdalen College by Andrea Zander U.K.-based Magdalen College has formed a strategic partnership with an affiliate of GIC for the future development of The Oxford Science Park (TOSP).
Transactions | Oct 6, 2021 Atlantic American Partners JV sells luxury multifamily property for $112m by Released The Trillist Cos. and Atlantic American Partners, its joint venture equity partner, have announced the record-setting sale of YOO on the Park, a 25-story, 243-unit luxury multifamily property in the heart of Atlanta’s Midtown.
Investors | Oct 6, 2021 Nuveen restructures real assets platform by Released Nuveen has plans to strengthen its real assets platform by launching two new business units.
Investors | Oct 6, 2021 Texas pension fund makes $100m commitment to Almanac Realty by Andrea Zander Teacher Retirement System of Texas has committed $100 million to Almanac Realty Securities IX.
Transactions | Oct 6, 2021 Heitman expands U.K. self-storage platform with second acquisition by Released Heitman has announced the acquisition of Squab Daventry.
Research | Oct 6, 2021 REITs fall 5.4% in September by Loretta Clodfelter The FTSE Nareit Equity REITs Index recorded its first down month in 2021 — falling 5.4 percent in September to close out the third quarter with 0.23 percent return.
Investors | Oct 5, 2021 Ivanhoé Cambridge invests in Mount Auburn Multifamily by Kali Persall Ivanhoé Cambridge has invested $150 million of preferred equity into Mount Auburn Multifamily, a firm focused on acquiring and developing well-located multifamily assets.
Investors | Oct 5, 2021 EXCLUSIVE — Blue Vista Capital Management forms student housing JV with Korean partners by Kali Persall Chicago-based Blue Vista Capital Management has formed a new joint venture partnership with South Korean investment firm Koramco Asset Management and a second South Korean institution to invest in top-tier core student housing assets across the United States.
Transactions | Oct 5, 2021 KKR JV sells logistics park for €108m by Andrea Zander KKR, Round Hill Capital and Pulsar Properties have sold Pulsar Iberia Logistics, a Spanish logistics portfolio joint venture, to P3 Logistics Parks for €108.3 million ($125 million).
Fundraising | Oct 5, 2021 Harrison Street raises the largest closed-end fund in firm’s history by Kali Persall Harrison Street has wrapped up fundraising for its eighth U.S. opportunistic real estate fund.
Fundraising | Oct 5, 2021 Ares European Property Enhancement Partners III closes above target at €1.5b by Kali Persall The value-add Ares European Property Enhancement Partners III (EPEP III), managed by Ares Management Corp., has reached final close.