Transactions | Mar 22, 2021 Shorenstein Properties sells Miami assets to Blackstone for $230m by Andrea Zander Shorenstein Properties has sold 2 & 3 MiamiCentral to funds managed by Blackstone Real Estate for approximately $230 million.
Investors | Mar 22, 2021 JV forms build-to-rent single-family housing strategy targeting Sunbelt by Andrea Zander Three investors have plans to source land opportunities, develop, build, own and operate dedicated build-to-rent single-family housing communities in the U.S. Sunbelt through a new venture.
People | Mar 22, 2021 American Hotel Income Properties REIT CFO departs by Released American Hotel Income Properties REIT has announced the departure of Azim Lalani, CFO of the organization.
Transactions | Mar 22, 2021 BentallGreenOak makes logistics acquisition in Malmö, Sweden by Andrea Zander BentallGreenOak (BGO) has acquired a 19,600-square-meter (211,000-square-foot) logistics asset located in Malmö, Sweden, as part of its continued growth in the European logistics sector.
People | Mar 22, 2021 CalPERS extends search for CIO by Kali Persall The $445 billion California Public Employees’ Retirement System (CalPERS) has extended its global search for a new CIO, following the resignation of CIO Ben Meng in August 2020.
Investors | Mar 22, 2021 Legal & General secures pipeline of 5,500 new affordable homes by Andrea Zander Legal & General Affordable Homes has increased its development pipeline to 5,500 homes across the United Kingdom, with a gross asset value of nearly £1 billion (€1.16 billion/$1.38 billion).
Investors | Mar 22, 2021 CapitaLand proposes organizational restructuring by Released CapitaLand has proposed restructuring of its organization to sharpen business focus and unlock shareholder value.
Transactions | Mar 22, 2021 Frasers Centrepoint Trust to divest YewTee Point for $164m by Released Frasers Centrepoint Asset Management sells YewTee Point for S$220 million ($164 million).
People | Mar 22, 2021 Maris LeBlanc named executive director at Louisiana MERS by Kali Persall Maris LeBlanc has taken over as executive director of the Louisiana Municipal Employees Retirement System (MERS), following the retirement of Warren Ponder on March 1.
Transactions | Mar 22, 2021 Swire Pacific invests in hospital development in China by Released Swire Pacific has made an associate investment in Shenzhen New Frontier United Family Hospital, a new premium private hospital being developed in Shenzhen, China.
Investors | Mar 22, 2021 CalSTRS increase target to real estate in latest report by Kali Persall The $287 billion California State Teachers’ Retirement System (CalSTRS) has released its latest sustainability report for 2019-2020.
Transactions | Mar 22, 2021 Blackstone makes $6.2b bid for Australia’s Crown Resorts by Andrea Zander Blackstone Group, which already owns 10 percent of Crown Resorts Ltd., offered to buy the casino operator.
Fundraising | Mar 22, 2021 Atlantic Creek Real Estate Partners seeks $300m for latest fund by Kali Persall New York City–based Atlantic Creek Real Estate Partners has opened a new real estate fund to investors.
Investors | Mar 22, 2021 PGIM Real Estate invests in U.K. senior housing by Released PGIM Real Estate, on behalf of an investment strategy, has entered into a joint venture with Elevation.
Transactions | Mar 22, 2021 Cabot Properties forms JV to develop new spec industrial project near Philadelphia by Released Cabot Properties has formed a partnership with J.G. Petrucci Co. to develop a 148,960-square-foot, single-tenant speculative industrial facility.
Research | Mar 22, 2021 Compelling fundamentals to drive momentum in Australian multifamily by Andrea Zander Fundamentals are set to drive momentum in the multifamily sector in Australia.
Investors | Mar 22, 2021 TRSL issues RFP for general investment consulting services by Andrea Zander The $23 billion Teachers’ Retirement System of Louisiana (TRSL) is soliciting proposals for an investment consultant to provide general investment consulting services.
Transactions | Mar 19, 2021 Healthpeak Properties breaks ground on life science asset in San Francisco by Released Healthpeak Properties has plans to construct its Nexus on Grand development located at 233 East Grand Avenue in South San Francisco.
Transactions | Mar 19, 2021 Sonesta completes acquisition of Red Lion Hotels by Released Sonesta International Hotels Corp. announced the completion of its acquisition of RLH Corp.
Transactions | Mar 19, 2021 Warburg-HIH Invest acquires logistics property in Grossbeeren near Berlin by Released Warburg-HIH Invest Real Estate has acquired a logistics property at the GVZ Grossbeeren freight center south of Berlin for its open-ended special AIF, Warburg-HIH Deutschland Logistik Invest.
