Transactions | Aug 13, 2021 Trammell Crow Co. plans for mixed-use development in Northern Virginia by Released Trammell Crow Co. (TCC) has plans for a 383,000-square-foot healthcare mixed-use development in Alexandria, Va.
Transactions | Aug 13, 2021 Castleforge makes first acquisition in Germany by Released Castleforge Partners has acquired its first office building in Germany, in the historic old town of Bremen.
Transactions | Aug 13, 2021 Limestone Asset Management closes on $133m Walgreens portfolio by Released Limestone Asset Management, via a joint venture with Orion Real Estate Group, closed on a portfolio of properties occupied by Walgreens for $133 million.
Transactions | Aug 13, 2021 Realty Income and VEREIT stockholders approve merger by Released Realty Income stockholders and VEREIT stockholders approved all proposals necessary for the closing of the previously announced merger.
Fundraising | Aug 12, 2021 Berkshire Multifamily Debt Fund III closes at $1.85b by Kali Persall Berkshire Residential Investments has announced a final closing of its Berkshire Multifamily Debt Fund III with $1.85 billion in equity commitments.
Investors | Aug 12, 2021 St. Louis County Retirement Plans launches RFP for investment consultant by Kali Persall The $900 million St. Louis County (Mo.) Retirement Plans has launched a search for an investment consultant.
Transactions | Aug 12, 2021 Palmira makes next acquisition for ECLF Fund with purchase of Dutch logistics hub by Released Palmira Capital Partners has acquired a further property for the European Core Logistics Fund (ECLF).
Fundraising | Aug 12, 2021 Platform Ventures collects more than $119m for real estate strategies fund by Kali Persall Platform Ventures has raised more than $119 million for its Platform Ventures Real Estate Strategies V fund.
Investors | Aug 12, 2021 VRS ends fiscal year at a record $101.8b by Kali Persall The Virginia Retirement System (VRS) has reported a 27.5 percent return on its investment portfolio for fiscal year 2021, finishing the year with $101.8 billion and exceeding the $100 billion mark for the first time ever.
Research | Aug 12, 2021 Traveling to decrease, hotel CEOs remain optimistic by Andrea Zander The pent-up demand from U.S. travelers, as well as the easing of travel and other restrictions, has allowed for renewed interest in travel and tourism, with families embarking on long-delayed trips, and businesses scheduling in-person meetings again.
People | Aug 12, 2021 DWS appoints Aleksandra Njagulj as global head of ESG for real estate by Released DWS has appointed Aleksandra (Sasha) Njagulj as global head of ESG for real estate.
Investors | Aug 12, 2021 Property companies should be targeting net-zero carbon emissions by 2030 by Marek Handzel It should be possible for most listed real estate businesses to hit a net-zero carbon emissions target by 2030.
Research | Aug 12, 2021 U.S. commercial real estate investment recovering rapidly by Released Robust economic recovery and vaccinations have greatly restored investor confidence.
Transactions | Aug 12, 2021 Manulife Investment Management acquires U.S. timberlands for impact-first investment by Released Hancock Natural Resource Group, a Manulife Investment Management company, has acquired 89,800 acres of timberland in Maine.Â
Research | Aug 12, 2021 France tops European office investment by Andrea Zander France (€3.6 billion/$4.22 billion) superseded Germany (€2.9 billion/$3.4 billion) as largest recipient of European office investment in first quarter 2021, with United Kingdom in third position (€2 billion/$2.35 billion), reported Knight Frank.
Research | Aug 12, 2021 REITs rise 4.8% July, led by residential sector by Loretta Clodfelter U.S. REITs advanced 4.8 percent in July, according to the FTSE Nareit Equity REITs Index.
Fundraising | Aug 11, 2021 Alabama developer closes second multifamily investment fund by Kali Persall StoneRiver Investment Fund II, a multifamily real estate fund managed by Alabama multifamily real estate investor, developer and operator StoneRiver Co., has achieved its final closing.
People | Aug 11, 2021 CIO of District of Columbia Retirement Board departs, interim replacement named by Kali Persall Mark Spindel, CIO of the $10.8 billion District of Columbia Retirement Board (DCRB), left his post on July 30 after less than a year with the pension fund.
Investors | Aug 11, 2021 Chicago Teachers’ Pension Fund reports highest fiscal year return ever by Kali Persall The $13.1 billion Chicago Teachers’ Pension Fund (CTPF) has posted a record-setting 28.68 percent net return on investments.
Transactions | Aug 11, 2021 Cresset Real Estate Partners and Clarius Partners to develop 1.7msf logistics project in Arizona by Released Cresset Real Estate Partners and Clarius Partners have closed on the land acquisition for 303 Crossroads, a 1,758,410-square-foot logistics development in Glendale, Ariz.
