Transactions | Mar 8, 2021 EXCLUSIVE: Harrison Street and Alta Real Estate sign deal on new student housing project in Salamanca by Marek Handzel Harrison Street and Spanish developer Alta Real Estate have continued their joint venture partnership with a new deal to develop a purpose-built student accommodation (PBSA) property in Salamanca, Spain.
Research | Mar 8, 2021 Multifamily investment now core in Europe as demand for affordable housing on the rise by Released Multifamily investment proved to be the most resilient real estate sector in Europe during 2020 and the new core asset, with a 6 percent increase year-on-year and a 17 percent increase on the past five-year average, according to Savills.
Fundraising | Mar 8, 2021 BentallGreenOak opens U.S. Cold Storage fund by Kali Persall BentallGreenOak has launched a new industrial fund focused on the cold-storage market.
Fundraising | Mar 8, 2021 Kennedy Wilson’s debt platform surpasses $1b by Kali Persall Kennedy Wilson’s debt investment platform has secured more than $1 billion in loans by high-quality real estate across the Western United States.
Transactions | Mar 8, 2021 Kilroy Realty to sell San Francisco office for $1.1b by Andrea Zander Kilroy Realty Corp. (KRC) has signed a definitive agreement to sell The Exchange on 16th.
Research | Mar 8, 2021 Global grocery retail to grow by an additional $440b by 2022 by Andrea Zander The global grocery retail market is on track to generate an additional €370 billion ($440 billion) in sales between 2020 and 2022.
Research | Mar 8, 2021 China: Jump in exports amid strong demand and low base by Released Export receipts in US$ terms soared by a whopping 60.6 percent year-over-year (y/y) in January-February combined, reported Oxcord Economics.
Research | Mar 8, 2021 Investors seeking more Asia Pacific hotel assets in 2021 by Released Investors are confident in the long-term future of the Asia Pacific hotels market despite ongoing COVID-19 pressure on the tourism and hospitality sectors.
Transactions | Mar 8, 2021 TPG Real Estate, Round hill grow student accommodation portfolio in Germany by Released TPG Real Estate Partners (TREP) and Round Hill Capital have acquired two residential complexes for student living in Germany.
Transactions | Mar 8, 2021 Europa Capital completes acquisition of 178 residential units in Copenhagen for €88m by Released Europa Capital orking with Copenhagen-based Keystone Investment Management, has completed the acquisition of 178 newly developed residential units.
Research | Mar 8, 2021 REITs rise 4% in February, led by retail, hotels by Loretta Clodfelter U.S. REITs rose 4.0 percent in February, according to the FTSE Nareit Equity REITs Index, led by gains in the beaten-down hotel and retail segments. By comparison, the S&P 500 Index rose 2.6 percent in February.
Transactions | Mar 8, 2021 Chancerygate announces €187m of urban logistics space across nine sites by Released Chancerygate has announced it has committed to starting the development of nine sites.
The industrial sector: Pre- and post-pandemic by Denise DeChaine “So, pre-pandemic, we just felt like a surfer that had a good surf out there in point break and we went out there and were riding a nice break and everything was going good,” says James Lambert, senior managing director of industrial investments at Elion Partners (previously with Amazon) in part one of a series of discussions with Juan DeAngulo, managing partner at Elion Partners. “In 2015, really starting in 2012, Amazon led the entire industrial real estate sector.”
Research | Mar 5, 2021 Home prices in cities rise 16 percent, surpassing suburban and rural price growth for first time since before pandemic by Released The median home-sale price in urban areas nationwide rose 15.9 percent year-over-year to $292,263 in the four weeks ending February 21.
Investors | Mar 5, 2021 Fairfax County commits $43m to Carlyle Property Investors by Kali Persall Fairfax County (Va.) Educational Employees' Supplementary Retirement System has committed $43 million to an open-end core-plus real estate fund managed by The Carlyle Group.
Research | Mar 5, 2021 Easing restrictions push employment up by 379,000 jobs in February by Loretta Clodfelter With the easing of lockdown restrictions in February, the United States added 379,000 jobs, with most of the gains in leisure and hospitality.
Investors | Mar 5, 2021 City of Pontiac backs TerraCap Partners V by Kali Persall The $567 million City of Pontiac (Mich.) General Employees Retirement has approved a $5 million commitment to a value-add real estate fund managed by TerraCap Partners.
Transactions | Mar 5, 2021 The Georgetown Co. to develop life sciences hub in Manhattan by Released The Georgetown Co., a developer and owner of commercial, retail and mixed-use properties throughout the United States, is planning to create a life sciences hub at 787 11th Ave. on Manhattan’s Far West Side.
Research | Mar 5, 2021 Mid-Counties attract attention from developers for last-mile infill locations by Andrea Zander Sales and leasing activity totaled 3.87 million square feet in Mid-Counties of Southern California during the fourth quarter 2020, which is more than double the five-year quarterly average.