Investors | Jul 2, 2021 Tennessee Consolidated backs open-end Cortland Partners fund by Kali Persall The Tennessee Consolidated Retirement System (TCRS) has shuffled $100 million to the open-end Cortland Growth and Income Fund, managed by Cortland Partners.
Research | Jul 2, 2021 €1.5b invested in Irish property market in Q2 2021 by Released A total of €1.5 billion ($1.8 billion) was invested in the Irish property market in second quarter 2021.
Transactions | Jul 2, 2021 Florida SBA acquires life sciences development property in California by Kali Persall The Florida State Board of Administration (SBA) has closed on a life sciences development property in the San Francisco Bay Area.
Investors | Jul 2, 2021 Warburg Pincus launches $7.7b platform by Andrea Zander Warburg Pincus has formed a new platform.
Transactions | Jul 2, 2021 Castellum acquires Swedish office complex for €100m by Andrea Zander NCC has sold the K11 office project in Jarva Krog, Sweden, to Castellum for slightly more than €100 million ($118 million). K11 encompasses slightly less than 13,000 square meters (139,930 square feet) of leasable floorspace, four-fifths of which has been leased.
Transactions | Jul 2, 2021 Europa Capital completes €270m logistics portfolio sale to Arrow Capital Partners by Andrea Zander Europa Capital has completed the sale of a Dutch and German portfolio of urban logistics and warehouse assets to Arrow Capital Partners.
Transactions | Jul 2, 2021 Hines Global Income Trust acquires Miramar Activity Business Center in San Diego by Released Hines Global Income Trust, Inc. has acquired Miramar Activity Business Center, which consists of five industrial flex buildings in the Miramar submarket of San Diego.
Transactions | Jul 1, 2021 Aggregate Holdings acquires €4.5b German portfolio by Andrea Zander Aggregate Holdings S.A. has completed the acquisition of a real estate portfolio consisting of 10 development projects spread across Berlin, Düsseldorf and Frankfurt.
Transactions | Jul 1, 2021 Blackstone acquires more Las Vegas properties for $3.89b by Andrea Zander MGM Resorts International has ntered into a definitive agreement with Blackstone.
Research | Jul 1, 2021 U.K. industrial & logistics sector sees record H1 take up and investment by Released Take up of warehouse space in units larger than 50,000 square feet reached a record 30.8 million square feet in the first half of 2021.
Transactions | Jul 1, 2021 ActivumSG fund agrees to buy CASA by Released ActivumSG Capital Management has agreed to acquire CASA.
Transactions | Jul 1, 2021 Altarea enters into exclusive negotiations with Primonial Group by Released Altarea, a property developer in France, has entered into exclusive negotiations with the shareholders (Bridgepoint, Latour Capital, Société Générale Assurances) and management of Primonial Group.
Transactions | Jul 1, 2021 Invesco Real Estate completes its first residential investment in France by Released Invesco Real Estate has completed its first residential investment in France in a forward funding deal.
Transactions | Jul 1, 2021 LaSalle acquires hotel in Barcelona on behalf of Encore+ by Released LaSalle Investment Management has acquired NH Collection Gran Hotel Calderon.
Investors | Jul 1, 2021 Northwestern Capital Partners, JLL form strategy with Urban Pacific Group by Released Northwestern Capital Partners and JLL have plans to raise $150 million in connection with an engagement between Northwestern Capital Partners and the Urban Pacific Group of Companies.
People | Jul 1, 2021 BVK appoints head of global real estate investment management by Released Germany’s Bayerische Versorgungskammer (BVK) has appointed Manuel Philippe Wormer as head of global real estate investment management.
Fundraising | Jul 1, 2021 Real I.S. launches open-ended Modern Living fund by Kali Persall Real I.S. has launched a new open-ended domestic specialized institutional AIF known as “Modern Living.”
Transactions | Jul 1, 2021 Lendlease, Mitsubishi Estate form new JV for Sydney residential tower by Andrea Zander Lendlease has established a joint venture with Mitsubishi Estate to deliver Residences Two, the second residential tower at One Sydney Harbour, Barangaroo, New South Wales, Australia.
Fundraising | Jul 1, 2021 Pantheon launches new real estate strategy by Kali Persall Pantheon is making its foray into real estate with a new investment strategy.
People | Jul 1, 2021 Kian Fong Lim joins Hines to lead Singapore office by Released Kian Fong Lim has joined Hines as managing director and will oversee new business initiatives in Singapore and Southeast Asia.
