Research | Oct 18, 2024 Q&A: Jen Wichmann of LaSalle discusses the case for investing in real estate debt by Andrea Zander Jen Wichmann, senior strategist and senior vice president on the research and strategy team at LaSalle, discusses the case for investing in debt today and long-term trends.
People | Oct 18, 2024 Former principal at Trammell Crow Co., Yewande Fapohunda, launches Akoni Advisory & Investments by Released Yewande Fapohunda, a former principal at Trammell Crow Company, the wholly owned development arm of publicly traded CBRE, announced the launch of the real estate investment, development and consulting company, Akoni Advisory & Investments.
People | Oct 18, 2024 Kennedy Wilson appoints Jake Harris as managing director by Released Global real estate investment company Kennedy Wilson announced the appointment of Jake Harris as managing director, who will be responsible for overseeing the company’s industrial and logistics investment activities in the United Kingdom.
Transactions | Oct 18, 2024 Indurent starts construction of 420,000sf industrial and logistics asset at in northwest England by Denise Moose Indurent, a developer and operator of industrial and logistics space across the United Kingdom, has commenced construction of an approximately 420,000-square-foot industrial and logistics unit at Omega West in Warrington, England.
People | Oct 18, 2024 Steffen Uttich appointed managing director at GARBE by Released GARBE announced the appointment of Steffen Uttich, former managing director of INBRIGHT Investment GmbH, as its new managing director, responsible for driving the company’s institutional investor relations.
Transactions | Oct 18, 2024 Harrison Street announces third Calgary University District investment by Released Harrison Street announced its third investment in Calgary’s University District.
Research | Oct 17, 2024 Sale-leasebacks offer a compelling opportunity at this point in the economic cycle by Marek Handzel European sale-leaseback investments offer a compelling opportunity for investors relative to other strategies at this point in the economic cycle, according to Clarion Partners.
Transactions | Oct 17, 2024 Azora acquires mixed-use office asset in Boston for $101m by Released Azora announced it has completed the purchase of a modern office building in Boston, located at 149 Newbury St., for $101 million.
Research | Oct 17, 2024 Bank of Korea starts easing cycle by Jennifer Molloy Following the recent interest-rate cut by the U.S. Federal Reserve, the Bank of Korea (BOK) lowered its policy rate by 25 basis points to 3.25 percent on Oct. 11, marking the first time since May 2020 the central bank has sought to lower borrowing costs.
Investors | Oct 17, 2024 Matter Real Estate, GCM Grosvenor continue strategic European residential partnership with investments in Germany and Denmark by Released Matter Real Estate, a London-based real estate investment firm, with support from one of its investors, GCM Grosvenor, announced its initial investment in residential development platform 15 Degree in Germany, as well as further investment into the Velkomn platform in Denmark.
Investors | Oct 17, 2024 Ardian, Rockfield launch pan-European student accommodation strategy with a €500m commitment from CBRE IM by Released Ardian, a private investment house, and Rockfield, a vertically integrated student housing platform, have launched a long-term, strategic partnership to invest in purpose-built student accommodation (PBSA) assets across continental Europe.
Research | Oct 17, 2024 Report: Diving ‘debt-first’ into U.S. office by Denise Moose Work-from-home (WFH) headwinds combined with pressure from elevated interest rates, higher borrowing costs, and decreasing investor flows have hit the U.S. office sector especially hard, according to a recent report from Hines titled, “Diving ‘Debt-First’ into U.S. Office.”
Transactions | Oct 17, 2024 GLP Capital Partners completes the sale of Brazilian logistics assets to BTG Pactual for $300m by Released GLP Capital Partners (GCP) announced it has sold 13 logistics assets from its portfolio in Brazil for a total of R$1.77 billion ($300.3 million) to BTG Pactual Logistica FI Imobiliario (BTLG11) managed by BTG Pactual.
Investors | Oct 16, 2024 NYSCRF places $700m in Carlyle, Principal real estate funds by Kali Persall The New York State Common Retirement Fund (NYSCRF) committed a total of $700 million to two real estate funds in recent months.
Investors | Oct 16, 2024 San Joaquin CERA unveils real estate pacing plan, $50m commitment to self-storage fund by Kali Persall At its retirement board meeting on Sept. 13, the San Joaquin County (Calif.) Employees’ Retirement Association (SJCERA) revealed details about its real estate pacing plan.
Transactions | Oct 16, 2024 Hillhouse Investment Management lobs $1.1b tender offer at Japan’s Samty Holdings by Kali Persall Hillhouse Investment Management, one of the world’s largest global private alternative asset managers, along with its dedicated real assets strategy, Rava Partners, and other affiliated entities are undertaking a tender offer to acquire the common shares of Samty Holdings for ¥3,300 ($22.11) per share, implying a total enterprise value of ¥169 billion ($1.1 billion).
Transactions | Oct 16, 2024 Salters Bros. opens Japan office by Jennifer Molloy Rahul Ghai, managing director for Asia at Salter Bros., will lead the firm’s new office in central Tokyo.
People | Oct 16, 2024 Fusion appoints Daniel Harris as CIO to capitalize on European living sector growth by Released Fusion Group, a privately owned student accommodation developer and operator in the United Kingdom, has appointed Daniel Harris as chief investment officer to support its continued growth.
People | Oct 16, 2024 Amundi hires Philippe d’Orgeval as deputy group CIO by Kali Persall Amundi has appointed Philippe d’Orgeval as deputy group CIO.
Transactions | Oct 16, 2024 Harrison Street, fifteenfortyseven Critical Systems Realty acquire Carrier Hotel Data Center in Hawaii by Released Harrison Street and fifteenfortyseven Critical Systems Realty (1547) announced the acquisition of AlohaNAP, a premier carrier hotel data center located on the island of Oahu in Hawaii.
