Transactions | Jan 6, 2021 Apache Capital and Harrison Street JV funds Moda’s Glasgow BTR development by Andrea Zander Apache Capital Partners and Harrison Street plan to fund a build-to-rent (BTR) development in central Glasgow, Scotland.
Transactions | Jan 6, 2021 KBS sells office building in San Jose for $50m by Released KBS has sold a 96,502-square-foot building at District 237, an eight-building, 415,492-square-foot, class A office/R&D complex in San Jose, Calif.
People | Jan 6, 2021 Primonial Group appoints Benedetta Della Porta as real estate manager in Italy by Released Primonial Group has appointed Benedetta Della Porta as real estate asset manager in Italy.
People | Jan 6, 2021 CBRE Global Investors creates new EMEA head of ESG role by Released CBRE Global Investors has appointed Robbie Epsom as the EMEA head of ESG.
Transactions | Jan 6, 2021 CapMan to acquire mixed-use portfolio in Sweden by Kali Persall CapMan Nordic Real Estate III Fund plans to acquire a portfolio of three office and mixed-use buildings in Vastberga, Sweden.
Research | Jan 5, 2021 COOs more likely to increase total office space by Andrea Zander Surveyed COOs expect to increase their office space, despite the switch to remote work, according to PwC’s U.S. Pulse Survey.
Investors | Jan 5, 2021 Four California pension plans back BlackRock U.S. Core Property Fund by Kali Persall Four pension plans with the city of San Jose have made a combined $25 million follow-on commitment to the BlackRock U.S. Core Property Fund.
Transactions | Jan 5, 2021 EXCLUSIVE — Harrison Street and fifteenfortyseven Critical Systems Realty buy carrier hotel and data center in Portland, Ore. by Kali Persall Harrison Street and 1547 Data Center Real Estate Fund II, an affiliate of fifteenfortyseven Critical Systems Realty, have acquired a vital carrier hotel, colocation data center and office building located in downtown Portland, Ore.
Investors | Jan 5, 2021 OCERS makes first-time investment with Digital Colony by Kali Persall The $18.6 billion Orange County (Calif.) Employees Retirement System (OCERS) has committed $75 million to a communications infrastructure fund managed by Digital Colony.
Transactions | Jan 5, 2021 Brookfield Asset Management offers to take Brookfield Property private in $5.9b deal by Andrea Zander Brookfield Asset Management has made an offer to take its commercial real estate arm, Brookfield Property Partners, private in a $5.9 billion deal.
Transactions | Jan 5, 2021 Tishman Speyer completes sale of major London office property by Released Tishman Speyer announced the sale of Smithson Plaza, a world-class mixed-use property in London’s West End, to the real estate investment arm of the Portuguese insurance company Fidelidade.
Transactions | Jan 5, 2021 Mall to be converted into global HQ campus by Released Turnbridge Equities has plans to transfer ownership of the Cary Towne Center to Epic Games.
Transactions | Jan 5, 2021 Hines breaks ground on Busch Logistics Park in Atlanta by Released Hines has broken ground on Busch Logistics Park.
Research | Jan 5, 2021 JLL expects stronger appetite for assets with income stability in Asia Pacific by Andrea Zander JLL predicts there will be opportunities in enhancements and value-add in Asia Pacific real estate this year.
Transactions | Jan 5, 2021 Carrefour completes the acquisition of 224 proximity stores in Taiwan by Released French retailer Carrefour has closed the acquisition of Wellcome Taiwan from Dairy Farm.
Transactions | Jan 5, 2021 CIM Group sells 490-unit apartment building in Manhattan’s Lower East Side by Andrea Zander Related Fund Management has acquired 265–275 Cherry St., two 26-story towers with 490 units in Manhattan’s Lower East Side in the Two Bridges community.
Transactions | Jan 5, 2021 Lendlease, Aware Super buy L.A. site for $600m mixed-use development by Andrea Zander Lendlease, in partnership with Aware Super, an Australian superannuation fund, has secured a 3.5-acre transit-oriented, mixed-use development site at 3401 S. La Cienega Blvd. in Los Angeles.
Transactions | Jan 5, 2021 Bridge Development plans 1.9msf Seattle industrial park by Released Bridge Development Partners has acquired 117 acres in Milton, Wash., to be the future site of Bridge Point I-5 Seattle.
Research | Jan 5, 2021 Oxford Economics: Inflation — this time isn’t different by Released The prospect of large shares of some economies’ populations being vaccinated in first half 2021, supporting a return to some degree of normalcy, has stoked renewed concerns that inflation could pick up sharply this year, according to Oxford Economics.
People | Jan 5, 2021 Mark Versey becomes CEO of Aviva Investors by Kali Persall Aviva Investors has promoted Mark Versey from CIO, real assets, to CEO.
