Transactions | Feb 18, 2021 Deka sells London office building to CBRE GI for €306m by Andrea Zander CBRE Global Investor (CBRE GI) has acquired an office building in London.
Fundraising | Feb 18, 2021 Lionstone U.S. Value-Add Five raises $745m, surpassing fundraising target by Kali Persall Lionstone U.S. Value-Add Five (LVA Five), a diversified value-add real estate investment vehicle managed by Lionstone Investments, has raised $745 million across a commingled fund and co-investment side car.
Investors | Feb 18, 2021 Ivanhoe Cambridge forms $500m JV with Embassy Group by Andrea Zander Ivanhoe Cambridge, a real estate subsidiary of Canada’s second-largest pension fund, and Embassy Group have formed a $500 million joint venture.
Transactions | Feb 18, 2021 Greystar Real Estate Partners pays €336m for five U.K. student accommodation assets by Andrea Zander KKR has sold five major student-housing developments across the United States to Greystar Real Estate Partners for £291 million (€336 million/$406 million).
Research | Feb 18, 2021 Japan: Exports improve as prospects for 2021 brighten by Released Export volumes improved notably in January, rising 8.4 percent year-over-year after 2.7 percent in December 2020, driven in large part by stronger shipments to China.
Research | Feb 18, 2021 European retail space 2020: Rising yields and fewer transactions by Released In a Europe-wide survey of transaction volumes, yields and rental prices of retail properties in 2020 in 31 locations.
Investors | Feb 18, 2021 Commodus to invest €400 million this year by Released Commodus, private equity investor with a focus on real estate, plans to allocate €400 million ($483 million) to the acquisition of office and mixed-use properties this year.
Transactions | Feb 17, 2021 Japanese investor to develop an industrial park in Las Vegas by Andrea Zander SunCap Property Group and project partner Diamond Realty Investments have plans to develop an industrial park called SunPoint West, located in North Las Vegas.
Transactions | Feb 17, 2021 Alexandria Real Estate Equities to buy three life science assets in Boston for $1.5b by Andrea Zander Alexandria Real Estate Equities has plans to purchase 401 Park Drive, 201 Brookline Ave., and one future development opportunity, located in the heart of the Greater Boston.
People | Feb 17, 2021 Elliot Faulkner joins Killian Pacific by Andrea Zander Elliot Faulkner has joined the Killian Pacific team in Portland, Ore., as its new director of portfolio management.Â
Research | Feb 17, 2021 Non-traded REITs raise $1.1b in January by Robert A. Stanger & Company Non-traded REITs raised $1.085 billion in January, posting their second month in a row above the $1 billion mark, reported Robert A. Stanger & Co., Inc.
Transactions | Feb 17, 2021 CenterPoint adds rail-served distribution facility in Texas to portfolio by Kali Persall CenterPoint Properties has acquired a 601,261-square-foot, rail-served distribution facility in Pasadena, Texas.
Investors | Feb 17, 2021 Hawaii Employees logs 15% return by Kali Persall The $18 billion Hawaii Employees’ Retirement System (ERS) has reported a 15 percent positive return for the first half of fiscal year 2021.
Transactions | Feb 17, 2021 Principal Real Estate acquires Irish social housing portfolio for €20m by Released Principal Real Estate has acquired a social housing portfolio in Dublin.
Fundraising | Feb 17, 2021 TriGate Capital announces final closing of Fund IV by Kali Persall TriGate Capital has recently completed a fourth and final closing.
Investors | Feb 17, 2021 Bouwinvest invests €100m in various sectors in Nordics by Andrea Zander Bouwinvest Real Estate Investors has committed €100 million ($120 million) to a strategy that targets various sectors.
Investors | Feb 17, 2021 Stoneweg rolls out last-mile logistics strategy in partnership with Glovo by Released Stoneweg  has launched a new urban logistics strategy on behalf of clients that will seek to capitalize on the supply/demand tension for last-mile delivery assets and the continued growth in ecommerce.
People | Feb 17, 2021 M&G Real Estate appoints new CIO and interim CEO, Asia by Released M&G Real Estate has appointed Lai Jing Dong as CIO and interim CEO, Asia.
Transactions | Feb 17, 2021 Kamco Invest Group and M7 aggregate €72m portfolio of regional U.K. offices by Released Kamco Invest Group and M7 Real Estate (M7) have completed the acquisition of three office buildings in three separate transactions across primary regional U.K. cities for £62.5 million (€71.89 million/$86.54 million).
Investors | Feb 17, 2021 Penn SERS reports positive return, rebounds from initial lows from early 2020 by Kali Persall The Pennsylvania State Employees’ Retirement System (Penn SERS) has recorded a net return of 11.1 percent in 2020.
