Research | Oct 20, 2021 China’s commercial real estate market performs well in Q3 by Andrea Zander China’s commercial real estate market performed well during third quarter 2021, according to CBRE.
Transactions | Oct 20, 2021 Kite Realty Group Shareholders and Retail Properties of America stockholders approve merger by Released Kite Realty Group Trust and Retail Properties of America stockholders approved merger.
Transactions | Oct 20, 2021 Seefried Industrial Properties, Crow Holdings Capital forms JV by Released Atlanta-based Seefried Industrial Properties has formed a joint venture with a real estate fund advised by Crow Holdings Capital.
Transactions | Oct 20, 2021 PGIM Real Estate adds another Queen Street tower in Brisbane’s CBD by Andrea Zander PGIM Real Estate has acquired 444 Queen Street, Brisbane, from vendors Abacus Property Group and The Public Trustee of Queensland for $54.4 million.
Fundraising | Oct 20, 2021 Origin Investments launches $300m multifamily QOZ Fund II by Released Origin Investments has launched a second QOZ Fund.
Transactions | Oct 20, 2021 Finger Cos. sells $2b multifamily portfolio by Andrea Zander Finger Cos. has sold a portfolio comprised of more than 20 garden and mid-rise assets from its national holdings to a venture led by Greystar in a transaction valued at $2 billion.
Investors | Oct 20, 2021 Cushman & Wakefield enters into strategic JV with Greystone by Andrea Zander Cushman & Wakefield has entered a strategic joint venture with Greystone.
Research | Oct 20, 2021 September retail sales outperform as foot traffic remains elevated by Andrea Zander Consumer spending was sturdy last month.
Research | Oct 20, 2021 NCREIF PREA Reporting Standards releases best practices for reporting ESG matters by Loretta Clodfelter The NCREIF PREA Reporting Standards has released “ESG Principles of Reporting for Private Real Estate,” a collection of best practices for reporting the incorporation of environmental, social and governance (ESG) factors, as well as diversity, equity and inclusion (DEI), for private real estate investment managers.
Fundraising | Oct 19, 2021 Pathfinder Partners secures $137m for class-B apartment fund by Kali Persall San Diego–based Pathfinder Partners has added more than $5 million in new commitments to its Pathfinder Income Fund.
Investors | Oct 19, 2021 City of Jacksonville slates $25m for H.I.G. Realty Partners IV by Kali Persall The City of Jacksonville (Fla.) Retirement System has voted to commit $25 million to a fund managed by H.I.G. Realty Partners.
Fundraising | Oct 19, 2021 CapRidge Partners brings new office fund to market by Kali Persall Austin-based CapRidge Partners has launched a new value-add fund, according to a recent filing with the SEC.
People | Oct 19, 2021 KKR names managing director and head of KKR core plus real estate in Europe by Released Ian Williamson has been named a managing director and head of core plus real estate in Europe at KKR.
Transactions | Oct 19, 2021 HAP Investments sells remaining stake in $500m project by Released HAP Investments, a New York–based international real estate investment and development company, announced the landmark sale of the firm’s remaining equity in The Maverick to Daiwa House Texas, a subsidiary of Japan’s largest homebuilder Daiwa House Group and the joint venture partner on the project.
Transactions | Oct 19, 2021 Seoul hotel sells for $900m by Andrea Zander Seoul-based IGIS Asset Management Co. has acquired Millennium Hilton Seoul from Singapore-listed City Developments Limited (CDL) for $900 million.
Investors | Oct 19, 2021 Cypress Equity Investments forms multifamily JV with Winter Properties by Released Cypress Equity Investments (CEI) has formed a joint venture partnership with Winter Properties.
People | Oct 19, 2021 Delin Property appoints new CEO by Released Rob Reiskin has been formally appointed as the new CEO of Delin Property, a vertically integrated European logistics real estate investment and development firm.
Fundraising | Oct 19, 2021 GLP establishes largest ever Japanese private real estate fund by Kali Persall GLP has established the largest ever Japan-focused private real estate fund, GLP Japan Development Partners IV (GLP JDP IV), the fourth vintage of the firm’s flagship logistics development fund series in Japan.
Investors | Oct 19, 2021 Capreon and Revere Life form senior living JV by Released Capreon, the Noé Group’s real estate investment and advisory arm, has formed a joint venture with Revere Life to develop a senior living provision in the South East of England and Midlands.
Transactions | Oct 19, 2021 AXA Alts sells Tokyo office scheme by Released AXA IM Alts has reached practical completion on the development of a 4,000-square-meter (43,000-square-foot) office in Roppongi in Tokyo.
