Transactions | Jul 9, 2021 TE Capital Partners acquires second portfolio of multifamily asset in Tokyo by Released TE Capital Partners, acting on behalf of its TE Japan Income Partners series, has completed a transaction to acquire a portfolio of multifamily residential assets in central Tokyo for approximately $60 million.
Investors | Jul 9, 2021 Lone Star Funds to invest in Asia under consolidated leadership structure by Andrea Zander Lone Star Funds has consolidated global leadership of its Commercial Real Estate and Opportunity Fund investment activities to include its Asia operations.
People | Jul 9, 2021 Industry veteran Michael McGowan joins CalSTRS by Jennifer Molloy Michael McGowan has joined the $306.7 billion California State Teachers’ Retirement System (CalSTRS) as an associate portfolio manager, real estate investments, on July 1, 2021.
Fundraising | Jul 8, 2021 CapitaLand launches second India logistics fund by Kali Persall Singapore-based CapitaLand has launched a new fund to bolster its foothold in India’s logistics sector, according to several media sources.
Investors | Jul 8, 2021 CPP Investments and Greystar Real Estate Partners form $1.2b U.S. life sciences development JV by Andrea Zander Canada Pension Plan Investment Board (CPP Investments) and Greystar Real Estate Partners have formed a new joint venture to pursue life science real estate development opportunities in target markets in the United States.
Fundraising | Jul 8, 2021 FCP Realty Fund V more than halfway to $1.18b fundraising target by Kali Persall A closed-end, value-add fund managed by Maryland-based FCP raised $645.9 million in capital commitments, against a fundraising target of $1.188 billion.
People | Jul 8, 2021 Cbus Super names head of total portfolio management by Kali Persall Cbus Super, Australia’s super fund for the building, construction and allied industries, has appointed Mark Ferguson as head of total portfolio management
Research | Jul 8, 2021 L.A. multifamily market stages comeback by Andrea Zander Metro L.A. held the lead in both recent deliveries (3,087 units) and units underway (17,625 units), reported Yardi Matrix’s summer 2021 report.
Research | Jul 8, 2021 Greater Paris office markets hit hard by the economic slowdown by Andrea Zander Office take-up in Île-de-France came in at 765,600 square meters (8.2 million square feet) over the first six months of 2021.
Transactions | Jul 8, 2021 Qualitas Build-to-Rent Impact Debt Fund makes first transaction by Released Qualitas’ $1 billion Build-to-Rent Impact Debt Fund (QBIF) has made its first transaction, the development of Cordelia, delivering Brisbane’s first high-density, build-to-rent (BTR) development with sustainability at the forefront.
Transactions | Jul 8, 2021 CBRE Global Investors acquires 280-unit Kestra Apartments in Orlando by Released A fund sponsored by CBRE Global Investors has acquired a 280-unit residential apartment community in Orlando, Fla.
Research | Jul 8, 2021 Medical office sector: Broader recovery fortifies positive outlook by Andrea Zander Resilient during the health crisis, the medical-office segment is in a position of strength, according to Marcus & Millichap.
Investors | Jul 8, 2021 Warburg Pincus and Wensheng form China-focused real estate platform by Andrea Zander Warburg Pincus and Wensheng, a special-situations asset manager in China, have established Wensheng Special Situations Asset Management Co.
Fundraising | Jul 8, 2021 MCA Realty Industrial Growth Fund meets $50m fundraising target by Kali Persall Orange County–based MCA Realty has raised its first fund.
Transactions | Jul 8, 2021 PATRIZIA invests €145m in Helsinki residential portfolio by Released PATRIZIA AG has acquired a portfolio of multifamily residential properties in Helsinki, Finland.
Research | Jul 8, 2021 Workers looking to return to offices as homeworking fatigue grows, says JLL by Andrea Zander Employees want more balance in their working patterns.
Investors | Jul 7, 2021 BentallGreenOak invests $400m in White Oak partnership, with plans to acquire $1b of multifamily assets by Andrea Zander White Oak Partners announced that BentallGreenOak (BGO), a global real estate investment management adviser, acting on behalf of institutional investors, has committed $400 million of equity to form a strategic partnership that, with leverage and equity from White Oak, intends to acquire more than $1 billion of multifamily assets.
Research | Jul 7, 2021 Mall recovery continues as foot traffic at indoor malls shows slight improvement by Andrea Zander The mall recovery continues with visits to indoor malls down just 8.1 percent in June — a slight improvement from May, when visits were down 8.3 percent compared to the equivalent month in 2019.
Fundraising | Jul 7, 2021 Kingstone launches diversified AIF targeting German properties by Kali Persall Kingstone Real Estate has launched a new open-ended alternative investment fund.
Investors | Jul 7, 2021 Accesso launches multifamily division by Andrea Zander Accesso has launched a multifamily division to invest in rental housing assets in high-growth, housing-constrained markets across the United States.
