People | Nov 18, 2020 Newly created Sonar Real Estate appoints managing director by Kali Persall Sonar Real Estate, a newly founded real estate company for investment, asset management and development, has appointed Holger Hosang as managing director, effective Jan 1. 2021.
Transactions | Nov 18, 2020 Hines and Metropolitan Real Estate Equity Management acquire cold-storage facility by Released Hines and a subsidiary of real estate funds managed by Metropolitan Real Estate Equity Management have acquired a 33,800-square-meter (363,820-square-foot) cold-storage facility and adjacent development site in China’s Greater Bay Area.
Investors | Nov 18, 2020 Pebblebrook launches independent hotel collection by Released Pebblebrook Hotel Trust and six industry-leading hotel operators today jointly announced the launch of Curator Hotel & Resort Collection.
Transactions | Nov 18, 2020 Plymouth Industrial REIT to expand its scale in Ohio by Released Plymouth Industrial REIT has signed a definitive agreement to acquire a portfolio of industrial buildings in Akron and Canton, Ohio, totaling 2.1 million square feet for approximately $94 million.
Investors | Nov 18, 2020 CPP Investments ends second quarter with positive returns by Kali Persall The Canada Pension Plan Investment Board (CPP Investments) ended the second quarter of fiscal 2021 with C$456.7 billion ($349 billion) in net assets, a $22.3 billion increase from the previous quarter.
Transactions | Nov 18, 2020 British Land sells mixed-used development for €198m by Released British Land has completed the sale of Clarges Mayfair to Deka for £177 million (€198 million/$235 million).
Transactions | Nov 18, 2020 Charter Hall partnership acquires Bunnings portfolio for $258m by Andrea Zander Charter Hall wholesale partnership LWHP, which comprises VFMC, Telstra Super and CHC as partners, has acquired a A$353 million ($258 million) portfolio.
Research | Nov 18, 2020 China’s consumer spending continues to pick up by Andrea Zander China’s consumer spending continued to pick up pace in October.
Transactions | Nov 18, 2020 Embassy REIT announces $1.3b acquisition by Released Embassy REIT, India’s first publicly listed REIT, has agreed to purchase Embassy TechVillage (ETV) assets from affiliates of Embassy Sponsor, Blackstone Sponsor and other selling shareholders for a total consideration of Rs 97,824 million ($1.3 billion).
People | Nov 18, 2020 Clarion Partners Europe strengthens senior team by Released Clarion Partners Europe has appointed Maqbool Mohamed as CFO and COO.
Fundraising | Nov 18, 2020 Milestone Real Estate Investors V nears $450m by Kali Persall Milestone Real Estate Investors V has raised nearly $428 million.
Transactions | Nov 18, 2020 Cain International enters Paris office market by Released Cain International and its partner FREO Group have entered the Paris office market.
Transactions | Nov 18, 2020 Rexford acquires two Southern California industrial properties for $339m by Released Rexford Industrial Realty has acquired a four-building industrial complex and a three-tenant industrial property for $339.2 million.
Transactions | Nov 18, 2020 Hines pan-European core fund expands logistics portfolio in Poland by Released Hines has acquired a major logistics park in a prime strategic location in Poland.
Research | Nov 18, 2020 Denver’s downtown office market fuels activity amid economic uncertainty by Andrea Zander The Denver office market continued to feel the impact of the recession brought on by the COVID-19 pandemic, posting negative net absorption of 546,861 square feet in the third quarter 2020.
Fundraising | Nov 18, 2020 Europa Capital collects €350m for its open-end diversified income fund by Kali Persall Pan-European investment manager Europa Capital has raised €350 million ($414 million) in the first closing of its new open-end vehicle, the Europa Diversified Income Fund (EDIF).
Fundraising | Nov 17, 2020 RXR Realty in talks to market $1b post-pandemic fund by Andrea Zander RXR Realty is seeking $1 billion for a new distressed real estate vehicle, reported Bloomberg.
Research | Nov 17, 2020 Real estate expert discusses the rise of build-to-rent by Andrea Zander Demand for "built-for-rent" homes is growing quickly. David Howard, housing expert and executive director of the National Rental Home Council, provides more details on the sector and what to expect in a Q&A on the topic.
Investors | Nov 17, 2020 TIAA, Healthcare Realty form medical office JV by Andrea Zander Healthcare Realty Trust has entered into a joint venture agreement with Teachers Insurance and Annuity Association (TIAA) to invest in a broad range of medical office buildings.