Transactions | Jun 22, 2021 PATRIZIA AG fund makes first investment outside Germany by Released PATRIZIA AG has acquired an assisted living complex and medical center in Amsterdam.
Transactions | Jun 22, 2021 KGAL fund acquires first asset by Released KGALInvestment Management GmbH & Co. KG (KGAL) has acquired the first development project for its new fund.
Research | Jun 22, 2021 CBRE forecasts 300msf of additional European logistics space will be needed by 2025 by Released Ecommerce sales across Europe are expected to increase by $298 billion from 2020 to 2025.
Transactions | Jun 22, 2021 PGIM Real Estate’s European core strategy reaches €1b and acquires German residential portfolio by Andrea Zander PGIM Real Estate has acquired a portfolio consisting of three residential properties in Germany.
Research | Jun 22, 2021 Nareit releases 2021 REIT industry ESG report by Andrea Zander Nareit has released its third annual REIT Industry ESG Report, demonstrating the progress REITs and the publicly traded real estate industry have made in adopting, implementing, executing and reporting on environmental stewardship, social responsibility and good governance practices and outcomes.
Transactions | Jun 22, 2021 Legal & General signs largest affordable-housing deal to date by Released Legal & General Affordable Homes has announced the acquisition of its largest single scheme to date, Deanston Wharf.
People | Jun 22, 2021 CBRE Global Investors further enhances global logistics capabilities with specialist team by Andrea Zander CBRE Global Investors has created a global, sector-specific logistics team to enhance and better align its global expertise within the growing logistics sector.
People | Jun 22, 2021 Westmount Realty Capital names new president by Released Cliff Booth, Westmount Realty Capital’s founder, president and CEO, announced he is assuming a new role as chairman.
Investors | Jun 22, 2021 Greystar starts partnership for rental housing construction in Germany and Austria with a project development volume of €1b by Andrea Zander Greystar Real Estate Partners has entered into a new “develop-to-core” venture with a global institutional investor that focuses on the financing, planning and construction of residential houses concentrated throughout Germany and Austria.
Transactions | Jun 22, 2021 Blackstone Real Estate Income Trust to acquire Home Partners of America by Andrea Zander Blackstone Real Estate Income Trust has entered into a definitive agreement to acquire Home Partners of America (HPA), valuing the company at $6 billion.
Fundraising | Jun 21, 2021 EXCLUSIVE — Trion Properties launches its third investment vehicle by Kali Persall Trion Properties has launched a new value-add investment vehicle, Trion Multifamily Opportunity Fund III.
Investors | Jun 21, 2021 Belay Investment Group makes $75m equity commitment with emerging manager by Andrea Zander Elion Partners has received a $75 million commitment from Belay Investment Group.
Fundraising | Jun 21, 2021 GLP and partners upsize GLP CDP I fund by Kali Persall GLP and its partners CPP Investment Board Europe and QuadReal Property Group are expanding the investment capacity of the GLP Continental Europe Development Partners I.
Transactions | Jun 21, 2021 Hines and Cresset Real Estate Partners break ground on 1.1msf industrial project by Released Hines, in partnership with Cresset Real Estate Partners, has broken ground on Whiteland 65 Logistics Center.
Transactions | Jun 21, 2021 Legal & General to invest €409m in Bristol’s Temple Island development by Released Legal & General has agreed to terms with Bristol City Council to invest £350 million (€408 million/$487 million).
Investors | Jun 21, 2021 Invesco Real Estate partners with UBS Global Wealth Management for bespoke mandate by Andrea Zander Invesco Real Estate has partnered with UBS Global Wealth Management.
Transactions | Jun 21, 2021 BentallGreenOak closes two life sciences acquisitions in Oxford by Released BentallGreenOak (BGO), has acquired two retail warehouse assets in Oxford, U.K.
Fundraising | Jun 21, 2021 FCP Realty Fund V nears $500m in commitments by Kali Persall FCP Realty Fund V, a closed-end value-add fund managed by Maryland-based FCP, has secured more than $494 million.
Transactions | Jun 21, 2021 Kennedy Wilson expands Boise multifamily portfolio by Released Kennedy Wilson has acquired, in separate transactions, three existing apartment communities totaling 640 units for $143 million.
Investors | Jun 21, 2021 District of Columbia Retirement Board joins Carlyle Realty Partners IX’s investor base by Kali Persall The District of Columbia Retirement Board has approved a re-up commitment of up to $50 million to an opportunistic strategy managed by The Carlyle Group.
