Research | Dec 21, 2020 Heitman: Top-tier global hub cities continue to lead rankings by Andrea Zander Heitman announced the results of its annual real estate market rankings for its Global Prime Real Estate Securities Strategies (Prime). This year’s metro rankings were topped by London, New York and Paris.
Investors | Dec 21, 2020 Jamestown and Related form JV by Released Jamestown has sold a 50 percent stake in Boston’s Innovation and Design Building (IDB) to Related Fund Management.
Research | Dec 21, 2020 COVID vaccine and return of big-ticket deals inject confidence into London office market by Andrea Zander London’s office market is benefiting from a sharp rebound in activity during the final quarter of 2020, with pent up investor demand released as confidence in the future of the office is reinforced by the rollout of a COVID vaccine.
Transactions | Dec 21, 2020 Hines acquires prime development site in Melbourne by Released Hines has acquired one of the last remaining prime development sites, 600 Collins Street, in Melbourne’s central business district.
Transactions | Dec 21, 2020 Sealy & Co. buys 1 MSF distribution facility by Released Sealy & Co. has acquired a 1.11 million-square-foot, cross-docked distribution warehouse in the St. Louis market.
Transactions | Dec 21, 2020 Blackwells to acquire Monmouth Real Estate Investment Corp. by Released Blackwells Capital, an alternative investment management firm that is one of the largest owners of Monmouth Real Estate Investment Corp.
Investors | Dec 18, 2020 Nebraska Investment Council commits $96m to two real estate funds by Kali Persall The Nebraska Investment Council (NIC) has committed nearly $100 million to two opportunistic real estate funds.
People | Dec 18, 2020 Summit Hotel Properties names new CEO by Released Jonathan Stanner will become president and CEO of Summit Hotel Properties.
Transactions | Dec 18, 2020 Madison International Realty, Plymouth JV acquires $86m industrial portfolio by Released Plymouth MIR JV, a joint venture between affiliates of Plymouth Industrial REIT and Madison International Realty, has closed on a portfolio of infill industrial buildings in metropolitan Memphis for $86 million.
People | Dec 18, 2020 CEO of Cromwell Property Group to step down by Andrea Zander Paul Weightman, CEO of Cromwell Property Group, plans to depart the firm at the end of the year.
Transactions | Dec 18, 2020 CBRE GI fund backs HUB and Bridges Ventures’ affordable housing project by Released HUB and Bridges Fund Management have secured a forward funding deal with CBRE UK Affordable Housing Fund.
People | Dec 18, 2020 CIO of LAFPP to retire after 40 years by Kali Persall The Los Angeles Fire and Police Pensions’ (LAFPP) longstanding CIO Tom Lopez has announced plans to retire after more than 40 years with the pension fund.
Transactions | Dec 18, 2020 Foreign investor acquires Downtown L.A. asset for $196m by Andrea Zander Rockwood Capital and Lincoln Property Company West (LPC West) have sold a 22-story office tower located at 915 Wilshire Blvd. in Downtown Los Angeles.
Transactions | Dec 18, 2020 PATRIZIA sells major logistics portfolio across key German hubs for €500m by Andrea Zander PATRIZIA AG has transferred a core German logistics portfolio to a fund newly established by PATRIZIA for AEW Invest GmbH.
Investors | Dec 18, 2020 Kennedy Wilson and GIC enter into $1b urban logistics JV by Andrea Zander Kennedy Wilson and GIC, Singapore’s sovereign wealth fund, have entered into a joint venture to acquire and manage urban logistics properties in the United Kingdom, with the potential to expand into Ireland and Spain.
Transactions | Dec 18, 2020 Arrow makes strategic acquisition in Spain by Released Arrow Capital Partners has acquired a major warehouse acquisition in Spain for its €3 billion ($3.7 billion) Strategic Industrial Real Estate (SIRE) platform.
Transactions | Dec 18, 2020 Tishman Speyer, PSP Investments acquire two Paris properties by Released Tishman Speyer, with its partner Public Sector Pension Investment Board (PSP Investments), has made two acquisitions in Paris.
Transactions | Dec 18, 2020 Trei opens another two Vendo Parks in Poland by Released Trei Real Estate GmbH, an international developer and asset holder for residential and retail real estate, has opened two new retail parks.
Transactions | Dec 18, 2020 Warburg-HIH Invest acquires logistics property in Dresden, Germany by Released Warburg-HIH Invest Real Estate has acquired a logistics property completed in 2019, on behalf of its Warburg-HIH Logistik Deutschland Invest.
Investors | Dec 18, 2020 Taylor/Theus Holdings forms self-storage JV with Iron Point Partners by Released Taylor/Theus Holdings has entered into a new programmatic joint venture with Iron Point Partners.
