Research | Mar 15, 2021 U.S. self-storage sales volume reaches record level in 2020 by Andrea Zander Transactions involving U.S. self-storage assets reached a record level in 2020, according to Real Capital Anyalytics.
Research | Mar 15, 2021 NYC apartment demand surges in February, since GFC by Released New apartment lease signings in Manhattan surged to their highest total for February since the financial crisis.
Research | Mar 15, 2021 Portland, Ore., multifamily transaction volume slows to $1b in 2020 by Andrea Zander In Portland, Ore., multifamily transaction volume stood at $1 billion in 2020, following two years when investment activity surpassed $1.7 billion.
Investors | Mar 15, 2021 InSite Property Group gets $140m construction facility for $250m pipeline by Andrea Zander InSite Property Group has received a $140 million construction facility with the ability to expand up to $215 million to fund its development pipeline of class A self-storage assets across the nation.
Investors | Mar 15, 2021 Australia unveils $928m COVID-19 stimulus package for tourism industry by Andrea Zander The Australian government unveiled a A$1.2 billion ($928 million) tourism support package on March 11, aimed at boosting local travel while international routes remain closed because of the COVID-19 pandemic, reported Reuters.
Research | Mar 15, 2021 Survey: Increased demand for solo travel by Released Two-thirds of respondents agree destinations and suppliers requiring immunity passports or e-vaccination certificates for international travel would likely boost bookings in 2021.
Investors | Mar 12, 2021 Minnesota SBI earmarks $300m for real estate strategies by Kali Persall Minnesota State Board of Investment (SBI) has approved up to $300 million in capital commitments to two real estate funds.
Research | Mar 12, 2021 Leading indicators of the potential long-term effects of COVID-19 on CRE by Kali Persall Martha Peyton, is the managing director of Real Assets Applied Research at Aegon Asset Management. In a Q&A with IREI, Peyton discusses how consumer behavior is informing CRE trends, how macroeconomic factors are coming in to play and the outlook for investment performance in 2021.
Investors | Mar 12, 2021 Los Angeles Water and Power earmarks $425m for real estate strategies in 2021 by Kali Persall Los Angeles Water and Power Employees’ Retirement Plan (WPERP) is planning to commit a total of $425 million to real estate in 2021, IREI has learned.
Transactions | Mar 12, 2021 Crescent Communities to develop life science campus in Holly Springs, N.C. by Released Crescent Communities has plans for its expansion to Raleigh-Durham in the Town of Holly Springs.
Transactions | Mar 12, 2021 PointOne Holdings JV to develop luxury community in Metro Atlanta’s Gwinnett County by Released PointOne Holdings and The Residential Group will jointly develop SODO (District at Duluth Phase II), a class A multifamily community in Duluth, a high-growth metro Atlanta suburb.
Research | Mar 12, 2021 UBS Asset Management REPM releases real estate outlook for Asia Pacific by Released As part of its Global Real Estate Outlook report, UBS Asset Management REPM has released its forecast for the real estate markets in the Asia Pacific region.
Transactions | Mar 12, 2021 Real I.S. acquires new distribution center near The Hague by Released Real estate investor Real I.S. has acquired a new logistics development of more than 15,500 square meters (161,460 square feet) in Den Hoorn, Netherlands.
Transactions | Mar 12, 2021 Godwin Developer submits plans for 336-unit apartment development in U.K. by Released U.K. residential and commercial property developer Godwin Developments has submitted plans for a gateway 336-unit build-to-rent apartment project on the edge of the city center in Sheffield, England.
Transactions | Mar 12, 2021 KGAL acquires Villa Office in Warsaw by Released KGAL Investment Management GmbH & Co. KG is expanding its managed real estate portfolio in the Polish capital.
Transactions | Mar 12, 2021 CBRE Global Investors acquires industrial assets in Tacoma, Wash. by Released A fund sponsored by CBRE Global Investors has acquired three industrial buildings, known collectively as Portside 55, in Tacoma, Wash.
Transactions | Mar 12, 2021 CHAB acquires asset in Brisbane by Released CHAB Office Trust (CHAB) has acquired he leasehold asset at 241 Adelaide St. in Brisbane, Australia.
Research | Mar 12, 2021 COVID-19 encourages adoption of multifamily proptech by Loretta Clodfelter The COVID-19 pandemic has encouraged the increased adoption of technology in the apartment sector, as property owners looked to provide safe and healthy alternatives for tenants.
Research | Mar 11, 2021 Digital infrastructure fuels North American data center market by Andrea Zander Data centers, one of the fastest growing real estate sectors pre-pandemic, remained strong in 2020.
Investors | Mar 11, 2021 Connecticut eyes $275m of investments in real estate, infrastructure by Kali Persall Connecticut State Treasurer Shawn Wooden said the state is considering several infrastructure and real estate investment opportunities on behalf of the Connecticut Retirement Plans and Trust Funds.
