Research | Mar 10, 2021 Second straight double-digit gain in REIT earnings in Q4 2020 reflects REIT recove by Released A recovery in REIT earnings is well under way after the sharp decline that occurred during the shutdowns at the beginning of the pandemic.
Transactions | Mar 10, 2021 Crocker Partners acquires three offices for $220m by Andrea Zander Franklin Street Properties Corp.’s wholly owned subsidiaries has agreed to sell two office buildings in Dunwoody, Ga., and another one in Atlanta to an affiliate of Crocker Partners for $219.5 million.
People | Mar 9, 2021 Chase McWhorter named managing director, Americas at IREI by Andrea Zander Institutional Real Estate, Inc. is pleased to announce that Chase McWhorter, managing director of the firm’s Infrastructure publication and VIP program platform, has been appointed to the recently vacated position of managing director for IREI’s original flagship publication, Institutional Real Estate Americas.   Â
Research | Mar 9, 2021 COVID-19 slows 2020 inbound capital to seven-year low by Released The COVID-19 pandemic, and restrictions implemented to slow the spread of the disease, took a heavy toll on global investment in 2020.
Transactions | Mar 9, 2021 Landmark, AECOM-Canyon to develop student housing tower in Atlanta by Released Landmark Properties and AECOM-Canyon Partners have partnered to co-develop The Metropolitan at Atlanta.
People | Mar 9, 2021 Oklahoma Teachers executive director announces retirement by Kali Persall After leading the Oklahoma Teachers’ Retirement System (TRS) since 2014, executive director Thomas Spencer is stepping down from his role on July 1.
Research | Mar 9, 2021 Record 5.8msf of industrial space completed in Tampa Bay in 2020 by Andrea Zander A record of 5.8 million square feet was delivered in 2020 for the Tampa Bay industrial sector, according to Colliers International in its fourth quarter report.
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.
