People | Jan 21, 2021 Redwood Capital Group expands investments team by Released Redwood Capital Group, a vertically integrated multifamily investment manager, announced two executive promotions.
Research | Jan 21, 2021 Secondary market volume drops in 2020 by Andrea Zander After hitting a record $85.4 billion in 2019, secondary market transaction volume dropped to $61.8 billion in fiscal year (FY) 2020.
Research | Jan 21, 2021 Asia Pacific real estate market revival expected to gain momentum this year by Andrea Zander A resurgence of COVID-19 infection rates has led to the tightening of restrictions in several Asia Pacific markets in recent weeks, pointing to a potentially bumpy economic recovery.
Transactions | Jan 21, 2021 Round Hill Capital seals deal for new student housing investment in Spain by Released Round Hill Capital (RHC) has closed a deal to acquire a 12,800-square-meter (137,800-square-foot) site for its first purpose-built student accommodation.
Transactions | Jan 20, 2021 Hines Global REIT sells San Antonio retail center for $220m by Andrea Zander Hines Global REIT San Antonio Retail I, a subsidiary of HGR Liquidating Trust, has entered into an agreement of sale and purchase with Big V Acquisitions, to sell The Rim.
Transactions | Jan 20, 2021 KBS sells class A office property in Phoenix for $104m by Released KBS has sold a 333,014 square-foot class A office property in Phoenix, Arizona.
Transactions | Jan 20, 2021 PCCP, Bainbridge Co. JV to develop second multifamily project in Jacksonville by Released A joint venture of PCCP and The Bainbridge Co. has acquired a 32.6-acre site for the construction of Bainbridge Avenues Walk.
Transactions | Jan 20, 2021 Blackstone completes acquisition stake in China’s largest urban logistics park by Released Blackstone Real Estate’s opportunistic funds have completed the previously announced acquisition of a majority stake in China’s Greater Bay Area’s largest urban logistics park.
People | Jan 20, 2021 PGIM Real Estate appoints managing director for its agency lending platform by Kali Persall PGIM Real Estate, the real estate investment and financing business of the $1.4 trillion PGIM, has appointed Stephanie Wiggins as managing director and head of production for the firm’s agency lending platform.
Investors | Jan 20, 2021 San Jose pension funds increase their commitment to core real estate by Kali Persall Two San Jose, Calif., pension funds have invested in the Clarion Lion Industrial Trust, a core real estate fund managed by Clarion Partners.
Transactions | Jan 20, 2021 BioMed Realty acquires Assembly Square site in Somerville, Mass by Released BioMed Realty has announced the acquisition of an existing 162,000-square-foot office building and adjacent 7.5-acre site at Assembly Square in Somerville, Mass.
Investors | Jan 20, 2021 Four Springs Capital Trust announces $50m investment from Goldman Sachs’ Vintage Funds by Released Four Springs Capital Trust has received a $50 million strategic preferred investment from Goldman Sachs’ Vintage Funds.
Transactions | Jan 20, 2021 L&G and Oxford University to build €225m life sciences scheme by Andrea Zander The University of Oxford and Legal & General have achieved planning permission for The University of Oxford’s largest-ever building project.
Transactions | Jan 20, 2021 Eagle Hospitality’s U.S.-based units file for bankruptcy by Andrea Zander Twenty-seven U.S.-based units of Eagle Hospitality Real Estate Investment Trust, which owns a portfolio of corporate, leisure and airport hotels across the United States, have filed for bankruptcy protection in Delaware.
Transactions | Jan 20, 2021 Keppel Capital to sell two office buildings in Seoul by Andrea Zander Singapore-based Keppel Capital is preparing to sell two office buildings.
People | Jan 20, 2021 Arizona State seeks new CIO by Kali Persall The Arizona State Retirement System is seeking to hire a new CIO.
Transactions | Jan 20, 2021 Valor and QuadReal to accelerate last-mile logistics JV investment by Released Valor Real Estate Partners, a pan-European logistics platform, and QuadReal Property Group have secured a new dual tranche revolving credit line.
Transactions | Jan 20, 2021 Mitsubishi Estate acquires Stockholm CBD office building by Released Mitsubishi Estate London has acquired a 7,000-square-meter (75,000-square-foot) office building in Stockholm.
Investors | Jan 20, 2021 Rastegar founder discuses REIT launch, investing in vintage multifamily real estate across the U.S. Sun Belt region by Andrea Zander Today, Rastegar Property Co., a technology-enabled private real estate investment firm focused on value-add and development in all asset classes throughout Austin and the Sun Belt region of the United States, announced a REIT launch, a $200 million private real estate investment trust offering. In a separate exclusive interview, Rastegar discussed the REIT and the firm’s plans for 2021.
Research | Jan 20, 2021 Invesco: The fifth quarter of 2020, economy may not truly turn the page until spring by Kristina Hooper, chief global market strategists at Invesco We haven’t yet turned the page on all the difficulties of the past year, so it seems like we are stuck in 2020.
