People | Feb 17, 2021 Elliot Faulkner joins Killian Pacific by Andrea Zander Elliot Faulkner has joined the Killian Pacific team in Portland, Ore., as its new director of portfolio management.
Research | Feb 17, 2021 Non-traded REITs raise $1.1b in January by Robert A. Stanger & Company Non-traded REITs raised $1.085 billion in January, posting their second month in a row above the $1 billion mark, reported Robert A. Stanger & Co., Inc.
Transactions | Feb 17, 2021 CenterPoint adds rail-served distribution facility in Texas to portfolio by Kali Persall CenterPoint Properties has acquired a 601,261-square-foot, rail-served distribution facility in Pasadena, Texas.
Investors | Feb 17, 2021 Hawaii Employees logs 15% return by Kali Persall The $18 billion Hawaii Employees’ Retirement System (ERS) has reported a 15 percent positive return for the first half of fiscal year 2021.
Transactions | Feb 17, 2021 Principal Real Estate acquires Irish social housing portfolio for €20m by Released Principal Real Estate has acquired a social housing portfolio in Dublin.
Fundraising | Feb 17, 2021 TriGate Capital announces final closing of Fund IV by Kali Persall TriGate Capital has recently completed a fourth and final closing.
Investors | Feb 17, 2021 Bouwinvest invests €100m in various sectors in Nordics by Andrea Zander Bouwinvest Real Estate Investors has committed €100 million ($120 million) to a strategy that targets various sectors.
Investors | Feb 17, 2021 Stoneweg rolls out last-mile logistics strategy in partnership with Glovo by Released Stoneweg has launched a new urban logistics strategy on behalf of clients that will seek to capitalize on the supply/demand tension for last-mile delivery assets and the continued growth in ecommerce.
People | Feb 17, 2021 M&G Real Estate appoints new CIO and interim CEO, Asia by Released M&G Real Estate has appointed Lai Jing Dong as CIO and interim CEO, Asia.
Transactions | Feb 17, 2021 Kamco Invest Group and M7 aggregate €72m portfolio of regional U.K. offices by Released Kamco Invest Group and M7 Real Estate (M7) have completed the acquisition of three office buildings in three separate transactions across primary regional U.K. cities for £62.5 million (€71.89 million/$86.54 million).
Investors | Feb 17, 2021 Penn SERS reports positive return, rebounds from initial lows from early 2020 by Kali Persall The Pennsylvania State Employees’ Retirement System (Penn SERS) has recorded a net return of 11.1 percent in 2020.
Transactions | Feb 17, 2021 Mapletree Logistics Trust buys five logistics assets for $250m by Released Mapletree Logistics Trust Management has plans to acquire five modern, freehold logistics assets located in Yongin-Icheon, South Korea, for $250 million.
Investors | Feb 17, 2021 Scottish government extends business rates relief by Released The Scottish government has announced a relief extension plan.
People | Feb 17, 2021 Jürgen Schmid joins Barings German management as head of acquisition & sourcing by Released Barings has named Jürgen Schmid head of acquisition & sourcing and appointed him to the German management board.
Transactions | Feb 16, 2021 SL Green Realty Corp. sells stake in NYC condominium valued at $275m by Andrea Zander SL Green Realty Corp. has entered into a contract to sell its 25 percent interest in the commercial condominium units located at 55 W. 46th St.
Transactions | Feb 16, 2021 Brookfield, Silverstein to develop residential tower on World Trade Center Campus by Andrea Zander The Port Authority of New York and New Jersey Board of Commissioners and the Lower Manhattan Development Corporation Board (LMDC) has approved the recommendation of the selection committee for the RFP.
Transactions | Feb 16, 2021 Invesco provides €150m for Milan-based residential project by Andrea Zander Future Projections, the joint venture between Borio Mangiarotti and Värde Partners, has finalized an agreement with Invesco Real Estate for the sale and development of the second residential lot of SeiMilano.
Transactions | Feb 16, 2021 M7 Real Estate sells office building in Porto, Portugal by Released M7 Real Estate has sold an office building in Porto, Portugal.
Transactions | Feb 16, 2021 TPG Real Estate Partners launches 4i Platform by Released TPG Real Estate Partners (TREP)has launched 4th Industrial (4i), a new venture to invest in U.K. industrial real estate.
Transactions | Feb 16, 2021 Aviva Investors acquires distribution center for €159m by Released Aviva Investors, the global asset management business of Aviva, has completed the acquisition of a distribution unit in Hams Hall, one of the Midland’s premier logistics parks, for £139 million (€159.25 million/$192.92 million).
