Transactions | Jul 6, 2021 LeadCrest Capital Partners makes €70m investment in food supermarket portfolio in France by Released LeadCrest Capital Partners announced the acquisition of a €70 million ($83 million) portfolio of six food supermarkets and the forward purchase of a seventh asset.
Research | Jul 5, 2021 Single-tenant net-lease cap rates rise due to high concentration of lower-quality assets by Released In the second quarter, cap rates in the single-tenant net-lease sector rose slightly after hitting historic low levels in the previous quarter.
Research | Jul 5, 2021 Q&A: Robust office fundamentals drive positive lending outlook by Loretta Clodfelter The office sector is positioned to perform well in the second half of the year, as employees’ “fear of missing out” drives a return to the office.
Research | Jul 5, 2021 U.S. hotel profit improved to 70% of 2019 level, labor spending flat by Released Gross operating profit for U.S. hotels reached 70 percent of the comparable 2019 level.
Research | Jul 5, 2021 CMBS delinquency rate surges for third month by Released Trepp’s CMBS Delinquency Rate in June was 10.32 percent, a jump of 317 basis points over the May number.
Research | Jul 5, 2021 AHLA report indicates 21 of top 25 U.S. hotel markets in depression or recession by Andrea Zander Despite an uptick in leisure travel, a new report released by the American Hotel & Lodging Association (AHLA) shows the road to recovery for the hotel industry is long.
Research | Jul 5, 2021 Multifamily rents rebound in May 2021 by Released Record-setting month-over-month rent increases for apartments in some U.S. markets seem likely to continue until fall.
Fundraising amid the pandemic poses challenges and opportunities by Loretta Clodfelter Amid the COVID-19 pandemic, with its lockdowns and travel restrictions, the role of an experienced placement agent became even more important, especially for those navigating the fundraising waters for the first time.
Five real estate investment opportunities to watch in the next 12 months by Kelly Whitman As the vaccine rollout takes effect, the U.S. economy is set to benefit from several tailwinds through the second half of the year, including the prospect of a full reopening, a boost to spending from accumulated savings and further fiscal stimulus.
Young professionals are moving to where the action is by Mike Consol Increasingly, it seems, rather than strictly relocating to cities with strong employment opportunities, young professionals are choosing markets based on cultural and quality-of-life issues, and then seeking employment — and employers are following the migrations.
What’s so special about special purpose acquisition companies, or SPACs? by Loretta Clodfelter The SPAC offers an alternative to the traditional initial public offering process. First, the entity, which operates as an empty shell, raises a pot of capital by selling public shares to investors.
Research | Jul 2, 2021 U.S. REITs rise 2.6% in June by Loretta Clodfelter The FTSE Nareit All Equity REITs Index increased 2.77 percent in June, led by strong performances by self-storage REITs (up 7.99 percent), data center REITs (up 5.72 percent) and infrastructure REITs (up 5.38 percent).
Research | Jul 2, 2021 U.S. adds 850,000 jobs in June, exceeding consensus expectations by Loretta Clodfelter The U.S. economy added 850,000 jobs in June, according to the Bureau of Labor Statistics.
Investors | Jul 2, 2021 Pennsylvania SERS logs 11.1% return by Kali Persall The Pennsylvania State Employees' Retirement System (SERS) portfolio has returned 11.1 percent, several percentage points above the fund’s assumed rate of return.
Investors | Jul 2, 2021 New Mexico Educational Retirement Board makes follow-on to Realterm Europe Logistics Fund by Kali Persall The New Mexico Educational Retirement Board (NMERB) has made a $50 million follow-on commitment to the Realterm Europe Logistics Fund (RELF), IREI has learned.
Transactions | Jul 2, 2021 ADIA-backed group in India in talks to acquire $267m Thane mall From GIC by Andrea Zander The Abu Dhabi Investment Authority–backed Lake Shore India Advisory is in talks GIC to acquire Viviana Mall in Thane.
Transactions | Jul 2, 2021 CapitaLand to invest $67m for modern logistics facility in Japan, sells two malls for $386m by Andrea Zander CapitaLand will invest about JPY 7.5 billion (S$90.8 million/$67million) to fully acquire a freehold site and develop a four-story modern logistics facility in Ibaraki City, Osaka, Japan.
Transactions | Jul 2, 2021 Schroders and BentallGreenOak acquire industrial property in Hong Kong by Released Schroders Capital Real Estate Asia Pacific and BentallGreenOak have completed the acquisition of an industrial property and parking lot at Cable TV Tower and One Midtown in Hong Kong from Wharf Development Ltd.
People | Jul 2, 2021 Paul Muno joins Kingstone Living & Care as new managing partner by Released Kingstone Real Estate has announced that Paul Muno is joining its Kingstone Living & Care (KLC) healthcare investment subsidiary as managing partner.
Transactions | Jul 2, 2021 CBRE Global Investors sells high street retail asset in the Netherlands by Released CBRE Global Investors, on behalf of the CBRE Dutch High Street Club (DHC), has agreed the sale of an 18,000-square-meter (193,750-square-foot) high street retail property in the Netherlands.
