Transactions | Feb 11, 2021 Nuveen Real Estate’s U.S. Cities Multifamily Fund acquires two multifamily assets by Released The U.S. Cities Multifamily Fund, managed by Nuveen Real Estate, has completed the acquisition of two multifamily properties.
Fundraising | Feb 11, 2021 Corestate Capital launches special AIF focused on German cities by Kali Persall Corestate Capital Holding has launched Stadtquartiere I, a new open-end special AIF that will invest in urban developments in the center of medium-sized and large cities in Germany.
Fundraising | Feb 11, 2021 Frasers Property plans $1.28b rights issue to acquire more industrial and logistics assets by Andrea Zander Frasers Property has plans to raise $1.28 billion via a rights issue, so that it can have more resources to invest in industrial and logistics assets.
People | Feb 11, 2021 Rachel Lord to lead BlackRock in Asia Pacific region by Released BlackRock has appointed Rachel Lord to lead its Asia Pacific business.
Research | Feb 11, 2021 Investment volume for Dutch student housing up 62% in 2020, occupancy stable by Released The market for student housing continues to remain of interest to investors, even during the pandemic, according to Savills.
People | Feb 11, 2021 Slate Asset Management appoints first chief technology officer by Released Slate Asset Management announced that Matt Edgar has been appointed to the newly created role of chief technology officer, based in Slate’s London office.Â
Investors | Feb 10, 2021 Simon Property Group expects growth in cash flow in 2021, states suburbs hot market by Andrea Zander Collections from its U.S. retail portfolio continue to improve said David Simon CEO of Simon Property Group on a conference call with Wall Street analysts Monday evening.
Investors | Feb 10, 2021 Värde Partners invests $250m in U.S. residential real estate developments by Andrea Zander Värde Partners has provided more than $250 million of capital to purchase and fund the development of single-family residential projects across three transactions in the United States.
People | Feb 10, 2021 Lendlease CEO to retire by Andrea Zander Steve McCann has plans to retire as CEO and managing director at Lendlease of Lendlease Asia, and Tony Lombardo, current CEO of Asia Lendlease, will succeed him as CEO.
Fundraising | Feb 10, 2021 Crown Realty Partners announces initial closing for fifth fund by Andrea Zander Crown Realty Partners has launched its fifth value-add fund.
Research | Feb 10, 2021 U.S. office demand continues to decline as remote work continues by Kali Persall Moving further into 2021, there has been much discussion about how the COVID-19 pandemic will redefine the office sector in years to come, as an increasing number of companies turn to a work-from-home model.
Investors | Feb 10, 2021 NYSTRS commits $550m to Blackstone, GCM Grosvenor vehicles by Kali Persall New York State Teachers’ Retirement System (NYSTRS) has committed $550 million to two real estate funds.
Fundraising | Feb 10, 2021 Pygmalion’s second European hotel fund picks up bank, pension investors by Kali Persall Pygmalion Capital Advisers has completed a first close.
Transactions | Feb 10, 2021 Oxford Properties enters Phoenix multifamily market by Andrea Zander Toronto-based Oxford Properties Group has acquired Ten01 on the Lake, a 523-unit multifamily property located in the Phoenix submarket of Tempe, Ariz.
Research | Feb 10, 2021 Las Vegas industrial vacancy levels remain stable by Andrea Zander Industrial transaction activity in Las Vegas is down from 2019, but there are still new lease and sale transactions closing in the market area at levels more comparable to 2017 and 2018 levels.
Research | Feb 10, 2021 Southern California residents leave urban areas for the suburbs in large numbers by Andrea Zander 2021 looks likely to be a boom year for Southern California’s suburban periphery after the COVID-19 pandemic jump-started a period of rapid growth for less dense communities, reported CBRE.
Fundraising | Feb 10, 2021 Principal Real Estate Debt Fund III brings in $578.6m by Kali Persall Principal Real Estate Investors has announced the final closing of its third high-yield, private debt fund, collecting 30 limited partner commitments for a total of $578.6 million.                                                         Â
Investors | Feb 10, 2021 Texas ERS contributes $50m to Marcus Capital Partners Fund III’s final closing by Kali Persall Texas ERS contributes $50m to a fund managed by Marcus Capital Partners.
Transactions | Feb 10, 2021 Clarion Partners Europe to invest €47m in French logistics development by Released Clarion Partners Europe has agreed to forward fund a class warehouse in Boisseaux, south of Paris.
Transactions | Feb 10, 2021 Keppel Land to sell asset in London for €146m by Andrea Zander A London & Oxford fund has acquired the shares in First King Properties Limited.