People | Feb 22, 2021 Heitman bolsters Asia Pacific team with several new appointments by Kali Persall Heitman has expanded its Asia Pacific operations and leadership team with the new appointments of Zhuo (Raymond) Zhang as head of Greater China and Southeast Asia, and Brad Fu and Yunjung (Yun) Choi as co-directors of Heitman’s Asia Pacific private equity business.
Investors | Feb 22, 2021 Transwestern and Stanmore Partners to develop garden-style multifamily project in Texas by Kali Persall Transwestern Investment Group (TIG) and Stanmore Partners have joined forces to develop a 336-unit multifamily project in Round Rock, Texas.
Transactions | Feb 22, 2021 Nuveen Real Estate and Value One expand European student housing JV by Released Eagle JVCo, the investment platform established in 2019 between Vienna-based Value One and Nuveen Real Estate on behalf of its parent TIAA, has agreed to acquire a portfolio of purpose-built student housing and two development sites in Poland.
People | Feb 22, 2021 John Longo named head of property at Cbus by Kali Persall John Longo has been appointed as the new head of property at Cbus, one of Australia’s largest superannuation funds.
Transactions | Feb 22, 2021 Accor sells stake in China’s Huazhu Group for €239m by Kali Persall Accor has sold a 1.5 percent stake in Huazhu Group Ltd. (HTHT), a hotel management company in China, for €239 million ($289 million), bringing its total ownership in Huazhu to 3.3 percent.
Research | Feb 22, 2021 Self-storage continues strong performance in January by Released Self-storage continues to be a standout sector as real estate struggles with the fallout of the year-long pandemic.
Investors | Feb 22, 2021 Sherman Associates announces capital commitment from Almanac Realty Investors by Andrea Zander Sherman Associates and Almanac Realty Investors have formed a new partnership.
Research | Feb 19, 2021 U.S. hotel industry shows higher performance levels in January by Released The U.S. hotel industry showed higher performance levels from the prior month, according to January 2021 data from STR.
Fundraising | Feb 19, 2021 Bain Capital nears $1.6b fundraising target by Kali Persall Bain Capital Real Estate Fund II, a value-add fund managed by Bain Capital, has raised $1.1 billion against a $1.6 billion target, according to sources familiar with the matter.
Transactions | Feb 19, 2021 Aware Super to acquire 25% interest in Lendlease Retirement Living business by Released Lendlease today announced that one of Australia’s largest superannuation funds, Aware Super, had entered into an agreement to acquire a 25 percent interest in the group’s Retirement Living business.
Research | Feb 19, 2021 January rent data: Rents rising in homebuyer hotspots by Andrea Zander Across the largest cities in the country, apartment rents have been growing at a slower pace since the onset of the COVID-19 pandemic in early 2020.
Investors | Feb 19, 2021 Sweden’s AP4 ends 2020 with 9.6% return by Kali Persall Swedish pension fund AP4 has ended 2020 with a 9.6 percent return after costs.
Investors | Feb 19, 2021 Maryland State Retirement backs opportunistic Morgan Stanley fund by Kali Persall The $62.5 billion Maryland State Retirement and Pension System has committed $100 million to an opportunistic fund managed by Morgan Stanley.
Investors | Feb 19, 2021 Q&A: Top trends in U.S. office markets by Kali Persall Chuck Schreiber is the co-founder and CEO at KBS, a private equity real estate company and an SEC-registered investment adviser. In a Q&A with IREI, Schreiber discusses trends in the sector, how the pandemic has influenced those trends, and some of the long-term impacts of the pandemic on office assets.
People | Feb 19, 2021 Hong developer Chinese Estates names new CEO by Andrea Zander Chinese Estates Holdings has named Chan Hoi-wan (HW Chan) to CEO, replacing Chan Sze-wan (SW Chan), her elder sister.
Transactions | Feb 19, 2021 Mapletree to develop data center in Fanling, New Territories, Hong Kong by Andrea Zander Mapletree Investments has acquired a land parcel at Fanling Sheung Shui Town in New Territories, Hong Kong SAR.
Transactions | Feb 19, 2021 Peakside and Partners Group sell office property in Hamburg by Released A joint venture between investment manager Peakside Capital Advisors AG and Partners Group has sold the Spaldingstrasse 77–79 office and commercial property in Hamburg, Germany.
Transactions | Feb 19, 2021 H.I.G. Capital acquires residential assets in Lisbon by Released H.I.G. Capital has recently completed the acquisition through multiple transactions of three residential buildings located within central Lisbon.
Transactions | Feb 18, 2021 Supermarket Income REIT increases its stake in Sainsbury’s portfolio by Released Supermarket Income REIT Plc. has acquired a further stake in the beneficial interest in one of the United Kingdom’s largest portfolios of supermarket properties.
Transactions | Feb 18, 2021 Deka Immobilien invests in France by Released Deka Immobilien has acquired an office building in Paris.
