Fundraising | Dec 17, 2020 PATRIZIA AG collects new capital for Pan-European fund by Kali Persall PATRIZIA AG has raised €220 million ($267 million) of new equity for its PanEuropean Property Limited Partnership, the firm’s flagship core open-ended balanced fund.
Research | Dec 17, 2020 Flex-office sector to emerge as a key component in evolution of workplaces by Released The pandemic-induced downturn that some feared would severely impact the flexible–office space sector has instead landed flex space a prime role in future office strategies, according to a new report from CBRE.
Transactions | Dec 17, 2020 AXA IM – Real Assets expands U.S. logistics platform with $875m buy by Released AXA Investment Managers – Real Assets has taken a significant step in its strategy to grow a U.S.-wide logistics platform.
Investors | Dec 17, 2020 Harrison Street and CA Ventures form JV by Andrea Zander Harrison Street and CA Venture have formed a new joint venture partnership.
Transactions | Dec 17, 2020 Tristan Fund acquires 27-site French logistics portfolio by Released EPISO 5, the real estate fund advised by Tristan Capital Partners, and Catella Asset Management have acquired a portfolio of 27 logistics sites.
Transactions | Dec 17, 2020 Rexford Industrial acquires industrial properties for $110m by Released Rexford Industrial Realty has acquired a six-building industrial portfolio for $93.8 million and an industrial outdoor storage yard for $16.8 million.
People | Dec 16, 2020 EXCLUSIVE: IEC appoints director of ESG to lead new initiatives by Released Interstate Equities Corp (IEC) has appointed a new director of ESG, Bakari Adams.
Transactions | Dec 16, 2020 Bell Partners acquires two Massachusetts apartment communities on behalf of Fund VII by Kali Persall Bell Partners has acquired two adjacent apartment communities in Westford, Mass., on behalf of the firm’s Fund VII investors.
Fundraising | Dec 16, 2020 ICAMAP launches open-end opportunistic fund in Europe by Kali Persall Luxembourg fund manager ICAMAP is launching a new open-ended fund ICAMAX, which is designed to benefit from the current attractive market conditions for listed real estate stocks in Europe.
Transactions | Dec 16, 2020 Tristan Capital fund acquires 14 U.K. logistics assets for €97m by Andrea Zander Tristan Capital Partners’ core-plus fund, Curzon Capital Partners 5 LL (CCP 5 LL) has acquired 14 logistics sites.
Transactions | Dec 16, 2020 CPP Investments acquires the ownership of the Trafford Center by Released Canada Pension Plan Investment Board (CPP Investments), through its wholly owned subsidiary CPPIB Credit Investments Inc. (CPPIB Credit), has acquired the ownership of prime shopping center.
Fundraising | Dec 16, 2020 Alliant Capital closes $130m low-income housing fund by Kali Persall Alliant Capital has closed Fund 104, its $130 million low-income housing tax credit fund.
Transactions | Dec 16, 2020 Heimstaden to acquire Danish property portfolio from Niam for €1.63b by Andrea Zander Heimstaden’s subsidiary, Heimstaden Bostad AB, has signed an agreement to acquire Niam AB’s Danish property portfolio.
Transactions | Dec 16, 2020 Tristan Fund sells €210m office building in Oslo by Andrea Zander EPISO 4, an opportunity fund advised by Tristan Capital Partners, has sold the €210 million ($256 million) landmark Telegrafen building in Oslo, Norway.
Research | Dec 16, 2020 Industrial predicted to continue strong performance in 2021 by Loretta Clodfelter Of all the major property types, industrial has performed the most strongly amid the COVID-19 pandemic. JLL recently forecast total U.S. industrial sale transactions in 2020 could reach as high as $85 billion.
Research | Dec 16, 2020 Returns for European non-listed real estate rebounded into positive territory in Q3 by Released Results from the latest INREV Quarterly Asset Level Index reveal an uptick in performance for the third quarter 2020, with total returns moving back into positive territory following the negative performance posted in the previous quarter.
Research | Dec 16, 2020 After a tough year, prospects brighten in Japan by Released There are three key themes to be more optimistic about the second half 2021 and beyond in Japan, according to Oxford Economics.
Research | Dec 16, 2020 ANREV publishes its first Australian Farmland Index by Released The Asian Association for Investors in Non-Listed Real Estate Vehicles (ANREV) has unveiled the findings of its first quarterly Australian Farmland Index. The index showed that returns were strong for managed Australian farmland investments in the third quarter of 2020.
Logistics Property Co. closes $1b develop-to-core industrial real estate fund by Andrea Zander Logistics Property Co. has closed it develop-to-core fund, LPC Logistics Venture One.
Investors | Dec 15, 2020 Keppel Land invests in Singapore-based co-living company Cove by Released Keppel Land has taken a strategic minority stake in Cove Living Pte Ltd., one of Southeast Asia’s fastest growing co-living companies, as the lead investor in the startup’s $4.6 million Series A funding round.
