Transactions | Jul 14, 2021 Landmark Properties to break ground on three communities totaling 2,544 beds by Released Landmark Properties has plans for three new student housing projects in Philadelphia; Bloomington, Ind.; and Columbia, S.C.
Transactions | Jul 14, 2021 Goldman Sachs JV acquires $488m worth of Chinese logistics assets by Andrea Zander Goldman Sachs Asset Management and New Ease have formed a joint venture.
Transactions | Jul 14, 2021 AXA Investment Managers – Real Assets completes acquisition of $390m Tokyo logistics facility by Released AXA Investment Managers – Real Assets has completed, on behalf of clients, the acquisition of a ¥39 billion (€330 million/$390 million) logistics facility in Tokyo.
Transactions | Jul 14, 2021 Investcorp pays $420m for multifamily assets by Andrea Zander An Investcorp fund has acquired five new U.S. multifamily properties across Arizona, Texas and Georgia.
Investors | Jul 14, 2021 Kennedy Wilson launches $3b new European partnership by Andrea Zander Kennedy Wilson has expanded its global debt platform to more than $3 billion.
Research | Jul 14, 2021 INREV: Funds of funds post record high €43.4b AUM in 2020 by Released Funds of funds globally increased their total value of assets under management (AUM) to a record high of at least €43.4 billion ($51.32 billion) at the end of 2020.
Research | Jul 14, 2021 China: Export growth picked up, defying supply chain headwinds by Andrea Zander Exports surprised on the upside in June, shrugging off the impact of the temporary Shenzhen port closure and other local supply chain bottlenecks.
Research | Jul 14, 2021 Alternative real estate poised for larger role in portfolio by Andrea Zander Alternative real estate sectors, including healthcare, alternative housing, and technology, are poised for a bigger role in portfolios based on longer-term demographic trends as well as pandemic-related changes in how people live and work.
Research | Jul 14, 2021 Investors buying up Chinese hotels, betting on rebound by Andrea Zander Investors are snapping up more hotels and service apartments in Mainland China, betting on a rebound in tourism.
Transactions | Jul 14, 2021 M&G Investments sells Melbourne shopping mall for $168m by Andrea Zander Haben Property Fund and Hong Kong investor JY Group have acquired the Casey Central shopping mall in Melbourne.
Investors | Jul 14, 2021 Boston Properties, CPP Investments and GIC form JV by Andrea Zander Boston Properties, Canada Pension Plan Investment Board (CPP Investments) and GIC have established a co-investment program for future acquisitions of office properties in the United States.
Investors | Jul 14, 2021 French investors flock to residential assets by Marek Handzel France’s residential sector is continuing to grow as large numbers of French investors seek exposure to domestic housing portfolios in an acknowledgment of their defensive nature and ability to deliver stable returns.
Transactions | Jul 13, 2021 Alagem Capital Group and Cain International announce JV for One Beverly Hills by Released Alagem Capital Group, in partnership with Cain International, has unveiled its plans for One Beverly Hills, a mixed-use urban-resort in Beverly Hills, Calif.
Investors | Jul 13, 2021 KDC, Cadillac Fairview and Compatriot Capital form JV by Andrea Zander Cadillac Fairview has acquired a 50 percent interest in KDC alongside management and its long-standing partner, Compatriot Capital, a wholly owned subsidiary of Sammons Enterprises. Cadillac Fairview is the global real estate arm of the Ontario Teachers’ Pension Plan, which has more than $200 billion of assets.
Research | Jul 13, 2021 North American tech talent hubs poised for growth by Andrea Zander North American tech-talent employment weathered the pandemic better than most other professions due to demand for tech to facilitate continued remote work, robust ecommerce growth and streaming services.
Investors | Jul 13, 2021 Texas ERS commits nearly $100m to private real estate, infra funds by Kali Persall The Employees Retirement System (ERS) of Texas has committed $75 million to an undisclosed private real estate fund, and $15 million to a private infrastructure fund.
People | Jul 13, 2021 Gaw Capital Partners names new managing director by Released Gaw Capital Partners has announced the appointment of Kok-Chye Ong as managing director and head of IDC (ex-China) at Gaw Capital Partners, effective July 13. Ong will be based in Singapore.
Research | Jul 13, 2021 Manhattan office occupancy and leasing tick up, still long road ahead by Andrea Zander New York City is slowly rebounding from pandemic fallout with physical office occupancy increasing as tenants formulate return-to-office plans, according to Savills.
People | Jul 13, 2021 Carlton Lenoir appointed as executive director of the Chicago Teachers' Pension Fund by Kali Persall Carlton Lenoir Sr. has been selected as executive director of the Chicago Teachers' Pension Fund (CTPF), following a nationwide search.
Transactions | Jul 13, 2021 Park Hotels & Resorts sells two assets for $303m by Andrea Zander Park Hotels & Resorts has entered into two separate, definitive contracts to sell two hotels in San Francisco.