Investors | Jul 7, 2021 Texas Municipal Retirement System puts $300m in Virtus, Grain Communications funds by Kali Persall The Texas Municipal Retirement System (TMRS) has invested a total of $300 million in a real estate and real return fund.
Research | Jul 7, 2021 CenterSquare Investment Management publishes inaugural ESG report by Released CenterSquare Investment Management has released its inaugural Environment, Social and Governance Report.
Investors | Jul 7, 2021 TCDRS pours $125m into Carlyle Realty Partners IX by Kali Persall Texas County & District Retirement System (TCDRS) has invested $125 million in Carlyle Realty Partners IX, according to a transaction report from June 30.
Fundraising | Jul 7, 2021 GLP Japan Income Fund raises more than $2.7b by Kali Persall GLP Japan Income Fund (GLP JIF), the largest private open-ended logistics fund in Japan, collected an additional JPY 22.2 billion ($200 million) from 18 investors during the first half of 2021, bringing the total amount raised to more than JPY 300 billion ($2.7 billion).
Investors | Jul 7, 2021 Real estate investment will never be the same again after COVID-19 by Marek Handzel Real estate investment will never be the same again following the COVID-19 crisis, as a growing focus on ESG and the increasingly operational nature of the asset class alter investors’ priorities and behavior.
People | Jul 7, 2021 M&G Real Estate appoints Martijn Vos to lead European living sector expansion by Released M&G Real Estate (M&G) has appointed Martijn Vos as head of Continental European Living.
Investors | Jul 7, 2021 Azora and PGIM Real Estate launch €150m last-mile logistics platform in Spain by Andrea Zander Azora, together with PGIM Real Estate, has launched PGIM Real Estate Última Milla, S.L., a new Spanish-focused last-mile logistics joint venture.
Transactions | Jul 7, 2021 €400m Long Harbour fund makes first acquisitions in The Netherlands by Released Long Harbour has completed the structuring and acquisition of commercial ground leases for the central guest facilities of two holiday parks in The Netherlands.
Research | Jul 7, 2021 Riding the wave of China logistics by Andrea Zander Representing the largest ecommerce market in the world, China accounts for over half of all global ecommerce sales.
Investors | Jul 7, 2021 Landmark Properties announces Atlanta office and new build-to-rent division by Andrea Zander Landmark Properties has plans to open an Atlanta office at One Buckhead Plaza this fall.
Transactions | Jul 7, 2021 CIC receives approval for stake acquisition in Sydney office tower by Andrea Zander Canberra has approved the acquisition of an additional stake in the 44-story Grosvenor Place, an iconic Sydney office building.
Investors | Jul 7, 2021 U.S. digital infrastructure REIT forms wireless towers platform in Asia by Andrea Zander DigitalBridge Group has formed EdgePoint Infrastructure.
Investors | Jul 7, 2021 Ontario Teachers’ shifts focus to private markets by Kali Persall The C$221 billion ($179 billion) Ontario Teachers’ Pension Plan (OTPP) is planning to inject C$70 billion ($57 billion) into private markets during the next five years.
Transactions | Jul 6, 2021 Lendlease and CPP Investments agree JV at Milano Innovation District by Andrea Zander Lendlease has established a joint venture with the Canada Pension Plan Investment Board.
Transactions | Jul 6, 2021 Host Hotels & Resorts acquires Florida resort for $200m by Andrea Zander Host Hotels & Resorts has acquired the fee simple interest in the 200-room Baker’s Cay Resort Key Largo, Curio Collection in the Florida Keys for approximately $200 million.
Fundraising | Jul 6, 2021 KKR closes Real Estate Partners Europe II at $2.2b by Kali Persall KKR has completed the final closing of its value-add/opportunistic fund, KKR Real Estate Partners Europe II (REPE II), with commitments coming from a diverse group of both new and existing investors globally.
Transactions | Jul 6, 2021 Tishman Speyer purchases first Portuguese investment by Andrea Zander Tishman Speyer has acquired a new office asset located in Lisbon via the Tishman Speyer European Core Fund (TSEC).
Transactions | Jul 6, 2021 International Campus acquires two micro-living properties for €230m by Andrea Zander International Campus Group (IC) has acquired two properties in Germany with more than 1,100 micro-apartments from Capital Bay.
Transactions | Jul 6, 2021 MG Properties Group to expand Inland Empire multifamily presence with $137m purchase by Released MG Properties Group announced the acquisition of Victoria Arbors Apartment Homes for $137.6 million from Sares Regis Group.
Transactions | Jul 6, 2021 ESR upsizes Japan Logistics Fund III to $1.4b by Andrea Zander ESR Cayman Limited announced a JPY 75 billion ($675 million) expansion of ESR Japan Logistics Fund III (RJLF3), a development joint venture established with Dutch pension fund APG and a global institutional investor.