Transactions | May 18, 2021 Greystar closes on remaining 55% interest in Thackeray Partners by Released Greystar Real Estate Partners has closed on the previously announced acquisition of Thackeray Partners.
Fundraising | May 18, 2021 Westport Capital Partners surpasses $1b for latest value-add fund by Kali Persall Connecticut-based Westport Capital Partners has raised $1.26 billion for its value-add fund.
Investors | May 17, 2021 Warburg Pincus ends JV with Lemon Tree Hotels for student housing by Andrea Zander Warburg Pincus has ended a two-year-old joint venture (JV) with Lemon Tree Hotels for developing student housing and co-living spaces in India.
People | May 17, 2021 Paul Cheng to leave CalPERS after nearly a decade by Kali Persall Paul Cheng, an investment officer at the California Public Employees’ Retirement System (CalPERS), is leaving the pension fund after nine years.
Fundraising | May 17, 2021 Canyon Partners Real Estate raises its largest U.S. real estate debt vehicle by Kali Persall Canyon Partners Real Estate has completed a $650 million final close for its latest U.S. real estate debt vehicle.
Transactions | May 17, 2021 Crown Resorts rejects $6.5b Blackstone bid by Andrea Zander Australian casino operator Crown Resorts Ltd. has rejected a takeover offer from Blackstone Group.
Investors | May 17, 2021 Preferred Apartment Communities to focus more on grocery-anchored retail by Andrea Zander Preferred Apartment Communities has plans to focus more on multifamily and grocery-anchored retail properties.
Investors | May 17, 2021 Europa Capital and the Skjerven Group form value-add JV in Berlin by Kali Persall Europa Capital and the Skjerven Group have formed a joint venture partnership for Europa’s new value-add fund focused on Berlin, according to the firms.
Transactions | May 17, 2021 Timberland Investment JV pays $386m for 199k acres in Chile by Andrea Zander BTG Pactual announced that a consortium led by its Timberland Investment Group (TIG), along with British Columbia Investment Management Corporation (BCI), one of Canada’s largest institutional investors, and APG, one of the world’s largest pension providers, has agreed to acquire Chilean timberland assets from Arauco for $385.5 million.
Transactions | May 17, 2021 Carr Properties enters Austin market by Andrea Zander Carr Properties has acquired 100 Congress Avenue.
Research | May 17, 2021 China: Domestic demand is losing steam by Released Activity indicators suggest that economic growth generally slowed in China last month, according to Oxford Economics.
People | May 17, 2021 New Jersey Division of Investment CIO resigns for new opportunity by Kali Persall Corey Amon, director and CIO at the $85.8 billion New Jersey Division of Investment, has announced his resignation, effective June 4.
Transactions | May 17, 2021 Paramount to modernize and reimagine 60 Wall Street office tower by Released Paramount Group has plans for an extensive repositioning of Manhattan’s 60 Wall Street. The project will include the base and interiors, as well as the building’s soaring lobby and vast public atrium.
Transactions | May 17, 2021 ARA Asset Management increases stake in Kenedix by Andrea Zander ARA Asset Management Limited (ARA), the largest real assets manager in Asia Pacific, has increased its strategic stake in Kenedix to 30 percent, up from 20.27 percent previously.
Transactions | May 17, 2021 Digital Colony to acquire Landmark Dividend by Released Affiliates of Digital Colony Management, a global digital infrastructure investment firm, have entered into a definitive agreement to acquire Landmark Dividend.
Long Harbour expands BtR platform by Released London-based Long Harbour has appointed Richard MacDowel as capital solutions director as part of the firm’s ongoing expansion in the Build to Rent (BtR) sector.
Research | May 14, 2021 South East of England set to experience chronic shortage of sustainable office stock by Marek Handzel The South East of England is set to experience a "chronic shortage" in office stock that meets strong sustainability requirements over the next few years.
People | May 14, 2021 Trammell Crow Co. appoints head of Iberia logistics by Released Thierry Bougeard has been appointed director, head of Iberia logistics, for Trammell Crow Co.
Investors | May 14, 2021 Connecticut pension invests $150m, considers additional $300m for U.S. real estate by Andrea Zander The Connecticut Retirement Plans & Trust Funds has committed $150 million to two value-added real estate funds, according to its May 12 minutes.
Investors | May 14, 2021 M&G continues property management partnership with CBRE by Andrea Zander CBRE has been appointed to provide U.K. property management services for M&G Real Estate.
