Fundraising | Oct 29, 2021 Heed Capital and IP Investment Management launch Golden Visa Portuguese fund by Released IP Investment Management (IPIM) and Heed Capital have made their first acquisition in Portugal, a 151-bed student housing development in Porto opening in 2023.
Investors | Oct 28, 2021 Ohio State Highway Patrol slates $10m for Harrison Street Core Property Fund by Kali Persall Ohio State Highway Patrol Retirement System has made a follow-on commitment to Harrison Street.
Investors | Oct 28, 2021 Ohio Police & Fire Pension Fund discloses real estate, real assets returns by Kali Persall Ohio Police & Fire Pension Fund (OP&F) has recorded a net return of 4.9 percent on its real estate portfolio.
Investors | Oct 28, 2021 NYSCRF commits $400m to Brookfield Strategic Real Estate Partners IV by Kali Persall The New York State Common Retirement Fund (NYSCRF) has committed $400 million to Brookfield Strategic Real Estate Partners IV.
Fundraising | Oct 28, 2021 Glenfield Capital launches $150m fund targeting core-plus office buildings by Kali Persall Glenfield Capital has launched a new $150 million fund that targets core-plus office buildings in the Southeast and Midwest regions of the United States.
Transactions | Oct 28, 2021 Kimco Realty and Blackstone Real Estate form Sunbelt shopping center JV by Andrea Zander Kimco Realty Corp. acquired the remaining 70 percent interest in a portfolio of six Publix-anchored, Sunbelt region shopping centers.
People | Oct 28, 2021 Student housing operator Yugo appoints CEO by Andrea Zander Following its launch in July 2021 as the first global student housing operator of its kind, Denver-based Yugo has appointed Aly El-Bassuni as its new CEO.
Transactions | Oct 28, 2021 SL Green sells Manhattan office for $103m by Released SL Green Realty Corp. has sold 590 Fifth Ave. in Manhattan for $103 million.
Investors | Oct 28, 2021 Ivanhoé Cambridge to invest $7.3b in APAC by Andrea Zander Ivanhoé Cambridge has plans to search for a new manager.
Research | Oct 28, 2021 Cap rates for net-lease drugstores reach historic low by Released In the third quarter, national asking cap rates in the single-tenant drugstore sector compressed to 5.8 percent, according to the 2021 Net Lease Drug Store Report by The Boulder Group.
Transactions | Oct 28, 2021 Canadian firm to develop 10th U.K. residential scheme by Released HUB and Bridges Fund Management with Canadian real estate investment company Realstar to deliver a high-quality residential scheme in Leeds, England.
Research | Oct 28, 2021 APAC retailers think recovery and positive outlook in 2022 by Andrea Zander To gauge the retail recovery and industry outlook for 2022, CBRE recently conducted its third Asia Pacific retail flash survey since the onset of the COVID-19 pandemic.
Transactions | Oct 28, 2021 Union Investment re-enters U.S. market by Released Following a pause of more than three years, Germany-based Union Investment is actively investing in the U.S. real estate market again and has acquired a trophy retail property on Chicago’s most exclusive shopping street.
Research | Oct 28, 2021 Activity climbs in third quarter for London office market by Released The London office market’s recovery continued in the third quarter of 2021.
Investors | Oct 28, 2021 Oregon Public Employees commits $250m to AEW Essential Housing Fund by Kali Persall The Oregon Public Employees Retirement Fund (OPERF) has approved a $250 million commitment.
Transactions | Oct 28, 2021 Haben Property Group JV buys A$402m Australian mall by Andrea Zander Haben Property Group has teamed up with Hong Kong–based JY Group to acquire Wollongong Central shopping center.
Investors | Oct 28, 2021 Samma Property Group forms $750m BtR JV with Brightlight by Andrea Zander Australia-based developer Samma Property Group has formed a $750 million build-to-rent partnership with investment firm Brightlight.
Transactions | Oct 28, 2021 Slate Asset Management announces €427m recapitalization of European grocery-anchored portfolio by Released Slate Asset Management has announced that Slate European Real Estate Limited Partnership I, Slate European Real Estate Limited Partnership II and Slate European Real Estate Fund III have agreed to recapitalize a €427 million ($499 million) portfolio of European grocery-anchored real estate assets with a group led by New Zealand Superannuation Fund.
Investors | Oct 28, 2021 PGIM’s Greg Kane on the reasons for optimism in today’s institutional real estate market by Denise Moose Despite there being some concerns now, i.e., the Delta variant, supply side disruptions, etc., there are reasons to be optimistic in today's institutional real estate market.
Transactions | Oct 27, 2021 QUEST Investment Partners takes ownership of Hamburg office building by Kali Persall QUEST Investment Partners has acquired an 11-story office and commercial building in Hamburg in an off-market transaction. The seller was a joint venture consisting of Tristan Capital Partners and Investa Real Estate.
