Transactions | Jan 15, 2021 CBRE Global Investors funds Stockholm apartment development by Released CBRE Global Investors, on behalf of one of its pan-European funds, has agreed the forward funding and acquisition of a 10,005-square-meter (6,217-square-foot) private rented sector (PRS) development.
Transactions | Jan 15, 2021 Patrizia acquires residential development in greater Stockholm for €62m by Released Patrizia has acquired a residential development near Stockholm.
People | Jan 15, 2021 CIO of Connecticut Retirement Plans & Trust Funds announces departure by Kali Persall Laurie Martin, CIO of the Connecticut Retirement Plans & Trust Funds (CRPTF), is planning to leave the pension fund for a new opportunity.
Transactions | Jan 15, 2021 Catella Fund buys two residential buildings in Amsterdam by Released Catella Investment Management Benelux (CIMB) and Catella Residential Investment Management (CRIM) have acquired the Project Twin residential complex in Osdorp, Netherlands, a suburb to the west of Amsterdam, from Heitman.
Research | Jan 15, 2021 COVID-19 drives international ‘smart cities’ market by Released The need to increase resilience and optimize resource management in light of COVID-19 will be among the key drivers for the growth of “digital twins” — sophisticated data models of a physical asset or system — over the next five years.
Research | Jan 15, 2021 Apartments take record share of European real estate investment in 2020 by Andrea Zander The rental apartment sector, including student housing, took a record share of European real estate investment by the top 50 institutional property investors in 2020.
Research | Jan 15, 2021 Demand for German commercial real estate set to continue by Released Commercial real estate transaction volumes in Germany in 2020 were €59 billion ($71 billion), only 6 percent below the five-year average.
Transactions | Jan 15, 2021 GARBE acquires logistics portfolio in Germany from Goodman by Released GARBE Industrial Real Estate GmbH has acquired a portfolio of four new-build logistics properties for two institutional logistics special AIF that are managed by GARBE. The seller is Goodman.
Fundraising | Jan 15, 2021 GLP Europe Income Partners II raises €1.6b by Kali Persall GLP has raised an additional €500 million ($607 million) for its pan-European logistics fund.
Transactions | Jan 15, 2021 Deka Immobilien secures project, buys office by Andrea Zander Deka Immobilien has exchanged contracts to secure the purchase of the Südkreuz Offices development project.
Transactions | Jan 14, 2021 Pretium, Ares Management and Front Yard Residential complete first-ever single-family rental take-private transaction by Released Pretium and a group of its investors, along with funds managed by the Real Estate Equity and Alternative Credit strategies of Ares Management Corp., have completed the acquisition of Front Yard Residential Corp.
Fundraising | Jan 14, 2021 VanWest Partners launches second self-storage fund by Andrea Zander VanWest Partners has launched VanWest Self Storage Fund II.
Research | Jan 14, 2021 Manhattan investment sales activity increases in 4Q20 compared with 3Q20 by Andrea Zander Manhattan investment sales saw a significant increase in activity in the fourth quarter with $2.2 billion in total dollar volume across 44 sales, compared with $1.1 billion in total volume across 21 sales in the third quarter 2020.
Investors | Jan 14, 2021 Berkshire Multifamily Debt Fund III collects $60m from Texas Permanent School Fund by Kali Persall The Texas Permanent School Fund has committed $60 million to Berkshire Multifamily Debt Fund III, managed by Berkshire Group, IREI has learned.
Fundraising | Jan 14, 2021 Dalfen Last Mile Industrial Fund IV completes final close by Kali Persall Dalfen Last Mile Industrial Fund IV, a U.S. industrial real estate fund managed by Dalfen Industrial, has reportedly held a final close with $290.6 million in equity commitments.
Investors | Jan 14, 2021 San Francisco Employees commits $25m to CapRock’s third industrial value-add fund by Kali Persall The $30.6 billion San Francisco Employees' Retirement System (SFERS) has committed $25 million to the CapRock Partners Industrial Value-Add Fund III.
Fundraising | Jan 14, 2021 KKR Asia Real Estate Partners raises $1.7b by Kali Persall KKR has completed a final close of its inaugural pan-Asian real estate fund, KKR Asia Real Estate Partners (AREP), with $1.7 billion in capital commitments.
Research | Jan 14, 2021 China: Continued strong exports point to healthy global demand by Andrea Zander Exports ended 2020 on a positive note, registering strong year-over-year growth in December and for the fourth quarter as a whole, according to Oxford Economics.
Research | Jan 14, 2021 Multifamily rents drop in December as disparate impacts on markets persist by Released 2020 will go down as the year COVID-19 changed everything. As the pandemic became rampant, many initially feared that rents would rapidly decline.
Transactions | Jan 14, 2021 Heitman sells Amsterdam residential complex by Released Heitman announced the sale of a two-building, 196 residential unit portfolio located in Amsterdam.
