Investors | Jan 4, 2022 Rockpoint Group and BEB Capital form $1b industrial-focused JV by Andrea Zander BEB Capital has formed a joint venture with Rockpoint Group.
Investors | Jan 4, 2022 Lineage Logistics announces $1.7b in new equity to fuel supply chain innovation and growth by Andrea Zander Lineage Logistics has raised $1.7 billion in equity from new and existing strategic partners.
People | Jan 4, 2022 PGIM Real Estate adds ESG lead for Europe and Asia Pacific by Released PGIM Real Estate has further strengthened its commitment to environmental, social and governance (ESG) investing.
Transactions | Jan 4, 2022 American House Senior Living Communities enter Tennessee market by Released American House Senior Living Communities has entered into an agreement with Ventas, in a transaction of 13 former Elmcroft Senior Living campuses in Tennessee.
Transactions | Jan 4, 2022 Two Georgia-based apartment communities sell for $125.75m by Released ECI Group has sold two apartment communities in Georgia.
Transactions | Jan 4, 2022 Rexford Industrial Realty buys 8 properties for $270m by Released Rexford Industrial Realty has purchased eight industrial properties for an aggregate purchase price of $270 million.
Fundraising | Jan 4, 2022 EXCLUSIVE: Drake Real Estate Partners announces final close of DREP Fund IV by Andrea Zander Drake Real Estate Partners has announced the closing of its fourth flagship fund.
Transactions | Jan 4, 2022 City Office sells buys Raleigh-based office for $330m by Released City Office REIT has closed the acquisition of Bloc 83, a premier two-building office complex in Raleigh, N.C., for a gross purchase price of $330 million.
Research | Jan 4, 2022 Transaction volume for net lease sector reaches all-time high by Released Cap rates in the single-tenant net lease sector rose slightly in fourth quarter 2021, following historic low levels reached in third quarter 2021.
Transactions | Jan 4, 2022 CBRE Investment Management purchases $4.9b portfolio from Hillwood Investment Properties by Andrea Zander CBRE Investment Management will acquire a more than 57-asset, 28.4-million square-foot portfolio.
Transactions | Jan 3, 2022 Teacher Retirement System of Texas buys office in Austin by Andrea Zander Shorenstein Properties has sold the Alpha Building to the Teacher Retirement System of Texas (TRS).
Transactions | Jan 3, 2022 Abu Dhabi Fund for Development enters Thailand market by Andrea Zander Minor International Public Company Limited (MINT) and Abu Dhabi Fund for Development (ADFD) have formed a joint-venture agreement to hold shares in four resorts and a plaza-mall assets in Thailand.
Transactions | Jan 3, 2022 Mapletree Commercial Trust and Mapletree North Asia Commercial Trust to merge in $3b deal by Andrea Zander Mapletree Commercial Trust and Mapletree North Asia Commercial Trust have proposed a plan to merge in a $3.13 billion deal, creating Mapletree Pan Asia Commercial Trust.
Transactions | Jan 3, 2022 Shenzhen SEZ to buy stake in China South City Holdings for $245m by Andrea Zander Shenzhen SEZ Construction and Development Group Co., a unit of the southern Chinese city’s local state asset regulator, has agreed to pay HK$1.91 billion ($245 million) for a 29-percent stake in the struggling Hong Kong-listed developer, China South City Holdings.
Transactions | Jan 3, 2022 Catella acquires Danish residential portfolio for €260m by Andrea Zander Catella Residential Investment Management GmbH (CRIM) has acquired a portfolio of 643 units in Copenhagen and Aarhus, Denmark.
Fundraising | Jan 3, 2022 Sterling Investors exceeds target for inaugural fund by Andrea Zander Sterling Investors has raised more than $410 million for its inaugural real estate fund.
Investors | Jan 3, 2022 Savills IM announces completion of transformational strategic alliance with Samsung Life by Released Savills Investment Management (Savills IM), the international real estate investment manager, has completed its strategic alliance with Samsung Life, a Life insurer in Korea, and its real estate asset management subsidiary, Samsung SRA.
Investors | Jan 3, 2022 Technology makes real estate investment more accessible by Loretta Clodfelter The biggest trend in fintech and proptech is digitization and the accessibility it has created, according to Nicky Senyard, founder of Fintel Connect.
Transactions | Jan 3, 2022 Pension Protection Fund (PPF) closes sale in U.K. by Andrea Zander The Pension Protection Fund (PPF) has closed on a sale of One Hardman Boulevard in Manchester, England.
Transactions | Jan 3, 2022 LXP Industrial Trust launches JV by Released LXP Industrial Trust (LXP) has recapitalized a 22-property special-purpose industrial portfolio consisting primarily of manufacturing assets through a sale to a new joint venture with an affiliate of Davidson Kempner Capital Management LP.
