Research | Mar 9, 2021 Multifamily absorption surprisingly strong in 2020 by Released Despite a disruptive pandemic, investor demand for multifamily real estate was strong in 2020, according to a newly released Yardi Matrix Bulletin.
Fundraising | Mar 9, 2021 BNP Paribas REIM raises €340m for European healthcare assets by Kali Persall BNP Paribas REIM has collected €340 million ($403 million) from French, German and Italian pension funds and insurance companies for its Healthcare Property Fund Europe (HPF).
Transactions | Mar 9, 2021 Exeter Property Group acquires Royal Mail distribution center for €37m by Andrea Zander BMO Real Estate Partners (BMO REP) has completed the sale of a 227,000-square-foot industrial asset in Bristol, England, for €36.6 million ($43.5 million) to Exeter Property Group.Â
People | Mar 9, 2021 District of Columbia Retirement Board executive director announces retirement by Kali Persall Sheila Morgan-Johnson, executive director of the District of Columbia Retirement Board (DCRB), has announced her retirement after leading the fund since 2017.
Transactions | Mar 9, 2021 Swiss Life Asset Managers acquires healthcare portfolio for new fund by Andrea Zander Threestones Capital has sold its care homes portfolio to Swiss Life Asset Managers for €425 million ($505 million).
Transactions | Mar 9, 2021 ESR to develop a new industrial & logistics park in India by Andrea Zander ESR has plans to develop a state-of-the-art, multitenant industrial and logistics facility at Chakan near Pune, India.
Investors | Mar 9, 2021 Frasers Property to raise capital to increase industrial exposure by Andrea Zander Frasers Property plans to raise S$1.28 billion ($950 million) via a rights issue to invest more into industrial and logistics assets, according to a statement.Â
Transactions | Mar 9, 2021 Hilltop Credit Partners to deploy up to $418m to fund U.K. house building by Released Hilltop Credit Partners, a U.K.-based specialist development funding partner, has secured an investment from Metropolitan Real Estate.
People | Mar 9, 2021 Optimum further strengthens senior team with new managing director by Released Optimum Asset Management as appointed Ljiljana Macdonald as managing director as the firm continues its growth in key markets.Â
Research | Mar 9, 2021 Pandemic diversifies investment land market in Poland by Released JLL has analyzed trends in the investment land market for office, residential, retail, logistics/industrial and hotel projects in Poland, and found the pandemic has diversified market.
Research | Mar 9, 2021 Domestic travel expected to drive European hotel recovery by Andrea Zander The recovery of the European hotel market will initially be driven by domestic travel demand, with hotel revenues not forecast to recover across the market to pre-pandemic levels until 2024, according to the latest research from global real estate advisor, CBRE.
Transactions | Mar 9, 2021 Curator Hotel & Resort Collection welcomes 13 member hotels from Noble House Hotels & Resorts by Released Curator Hotel & Resort Collection has welcomed 13 new member hotels into its collection from Noble House Hotels & Resorts, an owner and manager of lifestyle hotels and resorts.
Transactions | Mar 8, 2021 State of New York issues RFP for site near Javits Center by Andrea Zander New York Convention Center Development Corp. (CCDC), a subsidiary of Empire State Development, is seeking proposals for the commercial or mixed-use development of a 1.2-acre site on Midtown Manhattan’s West Side.
Investors | Mar 8, 2021 Cook County Employees and Officers makes follow-on commitment to Mesirow Financial by Kali Persall The Cook County (Ill.) Employees’ and Officers’ Annuity and Benefit Fund (CCPF) has disclosed a follow-on commitment to the Mesirow Real Estate Value Fund IV.
Transactions | Mar 8, 2021 EXCLUSIVE: Harrison Street and Alta Real Estate sign deal on new student housing project in Salamanca by Marek Handzel Harrison Street and Spanish developer Alta Real Estate have continued their joint venture partnership with a new deal to develop a purpose-built student accommodation (PBSA) property in Salamanca, Spain.
Research | Mar 8, 2021 Multifamily investment now core in Europe as demand for affordable housing on the rise by Released Multifamily investment proved to be the most resilient real estate sector in Europe during 2020 and the new core asset, with a 6 percent increase year-on-year and a 17 percent increase on the past five-year average, according to Savills.
Fundraising | Mar 8, 2021 BentallGreenOak opens U.S. Cold Storage fund by Kali Persall BentallGreenOak has launched a new industrial fund focused on the cold-storage market.
Fundraising | Mar 8, 2021 Kennedy Wilson’s debt platform surpasses $1b by Kali Persall Kennedy Wilson’s debt investment platform has secured more than $1 billion in loans by high-quality real estate across the Western United States.
Transactions | Mar 8, 2021 Kilroy Realty to sell San Francisco office for $1.1b by Andrea Zander Kilroy Realty Corp. (KRC)Â Â has signed a definitive agreement to sell The Exchange on 16th.
Research | Mar 8, 2021 Global grocery retail to grow by an additional $440b by 2022 by Andrea Zander The global grocery retail market is on track to generate an additional €370 billion ($440 billion) in sales between 2020 and 2022.
