People | Feb 22, 2021 John Longo named head of property at Cbus by Kali Persall John Longo has been appointed as the new head of property at Cbus, one of Australia’s largest superannuation funds.
Transactions | Feb 22, 2021 Accor sells stake in China’s Huazhu Group for €239m by Kali Persall Accor has sold a 1.5 percent stake in Huazhu Group Ltd. (HTHT), a hotel management company in China, for €239 million ($289 million), bringing its total ownership in Huazhu to 3.3 percent.
Research | Feb 22, 2021 Self-storage continues strong performance in January by Released Self-storage continues to be a standout sector as real estate struggles with the fallout of the year-long pandemic.
Investors | Feb 22, 2021 Sherman Associates announces capital commitment from Almanac Realty Investors by Andrea Zander Sherman Associates and Almanac Realty Investors have formed a new partnership.
Research | Feb 19, 2021 U.S. hotel industry shows higher performance levels in January by Released The U.S. hotel industry showed higher performance levels from the prior month, according to January 2021 data from STR.
Fundraising | Feb 19, 2021 Bain Capital nears $1.6b fundraising target by Kali Persall Bain Capital Real Estate Fund II, a value-add fund managed by Bain Capital, has raised $1.1 billion against a $1.6 billion target, according to sources familiar with the matter.
Transactions | Feb 19, 2021 Aware Super to acquire 25% interest in Lendlease Retirement Living business by Released Lendlease today announced that one of Australia’s largest superannuation funds, Aware Super, had entered into an agreement to acquire a 25 percent interest in the group’s Retirement Living business.
Research | Feb 19, 2021 January rent data: Rents rising in homebuyer hotspots by Andrea Zander Across the largest cities in the country, apartment rents have been growing at a slower pace since the onset of the COVID-19 pandemic in early 2020.
Investors | Feb 19, 2021 Sweden’s AP4 ends 2020 with 9.6% return by Kali Persall Swedish pension fund AP4 has ended 2020 with a 9.6 percent return after costs.
Investors | Feb 19, 2021 Maryland State Retirement backs opportunistic Morgan Stanley fund by Kali Persall The $62.5 billion Maryland State Retirement and Pension System has committed $100 million to an opportunistic fund managed by Morgan Stanley.
Investors | Feb 19, 2021 Q&A: Top trends in U.S. office markets by Kali Persall Chuck Schreiber is the co-founder and CEO at KBS, a private equity real estate company and an SEC-registered investment adviser. In a Q&A with IREI, Schreiber discusses trends in the sector, how the pandemic has influenced those trends, and some of the long-term impacts of the pandemic on office assets.
People | Feb 19, 2021 Hong developer Chinese Estates names new CEO by Andrea Zander Chinese Estates Holdings has named Chan Hoi-wan (HW Chan) to CEO, replacing Chan Sze-wan (SW Chan), her elder sister.
Transactions | Feb 19, 2021 Mapletree to develop data center in Fanling, New Territories, Hong Kong by Andrea Zander Mapletree Investments has acquired a land parcel at Fanling Sheung Shui Town in New Territories, Hong Kong SAR.
Transactions | Feb 19, 2021 Peakside and Partners Group sell office property in Hamburg by Released A joint venture between investment manager Peakside Capital Advisors AG and Partners Group has sold the Spaldingstrasse 77–79 office and commercial property in Hamburg, Germany.
Transactions | Feb 19, 2021 H.I.G. Capital acquires residential assets in Lisbon by Released H.I.G. Capital has recently completed the acquisition through multiple transactions of three residential buildings located within central Lisbon.
Transactions | Feb 18, 2021 Supermarket Income REIT increases its stake in Sainsbury’s portfolio by Released Supermarket Income REIT Plc. has acquired a further stake in the beneficial interest in one of the United Kingdom’s largest portfolios of supermarket properties.
Transactions | Feb 18, 2021 Deka Immobilien invests in France by Released Deka Immobilien has acquired an office building in Paris.
Investors | Feb 18, 2021 The Firemen’s Annuity and Benefit Fund of Chicago seeks executive director by Kali Persall The Firemen’s Annuity and Benefit Fund of Chicago is seeking an executive director to lead the $1.14 billion fund.
Transactions | Feb 18, 2021 Round Hill Capital’s European multifamily fund acquires 1,000-unit German portfolio by Released Round Hill Capital’s European Residential Income Fund II (ERIF II) has completed a 1,000-unit multifamily housing portfolio transaction.
Investors | Feb 18, 2021 U.K. government unveils plan to transform Oxford-Cambridge Arc into the country’s fastest-growing economic region by Released U.K. Housing Minister Christopher Pincher announced plans to transform the Oxford-Cambridge Arc into one of the world’s premier growth corridors and a world leader in sustainability.