Transactions | May 19, 2020 AEW and Catella Asset Management dispose of Dresden office asset by Released AEW has completed the second disposal on behalf of Europe Value Partners, its Pan-European value-added strategy.
People | May 19, 2020 CORE Real Estate appoints new VP of acquisitions by Kali Persall CORE Real Estate Capital (CREC) has hired Eric Henrickson to serve as vice president of acquisitions.
Transactions | May 19, 2020 PATRIZIA sells Hamburg office, largest single real estate transaction by value by Released PATRIZIA AG has sold the Ericus-Contor office building in Hamburg, Germany, to Union Investment Real Estate in the largest single real estate transaction by value in Hamburg this year.
Investors | May 19, 2020 San Francisco Employees backs latest opportunistic TriGate fund by Kali Persall IREI has learned the San Francisco Employees' Retirement System (SFERS) has approved a $75 million commitment to an opportunistic fund managed by TriGate Capital.
Transactions | May 19, 2020 Logos, CSC to redevelop warehouse in Singapore by Andrea Zander LOGOS, a logistics company backed by ARA Asset Management, has partnered with Singapore-listed CSC Holdings to redevelop 2 Tanjong Penjuru Crescent into a modern ramp-up warehouse for an estimated total development cost of S$108 million ($76 million).
Fundraising | May 19, 2020 Sortis Distressed Opportunity Fund eyes post-pandemic investment opportunities by Kali Persall Sortis Holdings (SOHI), an alternative investment fund manager based in Portland, Ore., has begun marketing its sixth investment fund, the Sortis Distressed Opportunity Fund.
Transactions | May 19, 2020 M7 sells Dutch light industrial portfolio for €140m by Released M7 Real Estate, on behalf of M7 European Real Estate Investment Partners IV, has sold a light industrial portfolio in the Netherlands to Canadian real estate investor.
Investors | May 19, 2020 Meyer Bergman on track to create €2b Pan-European last-mile logistics platform by Andrea Zander Meyer Bergman has plans to create a €2 billion ($2.2 billion) platform allowing institutional investors to tap into surging demand for last-mile distribution centers, with the launch of Crossbay.
Transactions | May 19, 2020 AEW and Catella Asset Management dispose of Dresden office asset by Released AEW has completed the second disposal on behalf of Europe Value Partners, its Pan-European value-added strategy.
Research | May 19, 2020 Asia Pacific: The negatives, the positives and the unknowns by Released With COVID-19 now a major global pandemic, questions have arisen regarding the fate of real estate investment in Asia Pacific.
People | May 19, 2020 Lionstone Investments appoints new head of analytics and research by Released Lionstone Investments has appointed Hans Nordby as head of analytics and research.
Transactions | May 19, 2020 Duke Realty develops 615,600-sf build-to-suit warehouse by Released Duke Realty Corp. is developing a 615,600-square-foot, build-to-suit warehouse.
Research | May 19, 2020 Student housing market: When will school be back in session? by Andrea Zander Compared to the broader multifamily market, the student housing debt submarket has consistently underperformed — posting higher-than-average delinquency and special servicing rates, reported Trepp in its Student Housing Multifamily Report.
Investors | May 19, 2020 COVID-19 crisis exposes digital shortcomings in real estate by Marek Handzel The COVID-19 crisis has exposed a “digital deficit” within the real estate industry, according to Alexandre Grellier, CEO and co-founder of Drooms.
Research | May 18, 2020 City of London tops long-term business attractiveness ranking by Released The City of London takes the top position in a ranking of global business districts (GBD), with New York’s Midtown, Tokyo’s Marunouchi and Paris’ La Défense close behind, according to the 2020 Attractiveness of Global Business Districts Report, published by EY and the Urban Land Institute (ULI), and commissioned by the GBD Innovation Club.
People | May 18, 2020 The Resmark Companies hires seasoned fundraising executive by Kali Persall The Resmark Companies has appointed former Kennedy Wilson executive Donald Bethe as executive vice president of capital markets.
Transactions | May 18, 2020 Blackstone completes €5.22b iQ Student Accommodation deal by Andrea Zander Goldman Sachs Merchant Banking Division and the Wellcome Trust have completed the sale of iQ Student Accommodation to Blackstone for €5.22 billion ($5.7 billion).
Investors | May 18, 2020 U.K. shopping center firm Intu seeks debt standstill as lockdown takes toll by Andrea Zander Struggling U.K. mall operator Intu Properties Plc is seeking standstill agreements from its lenders as it battles for survival after a collapse in rent payments from retailers.
Investors | May 18, 2020 J.C. Penney to spin off real estate division into a REIT by Andrea Zander J.C. Penney Co.’s plans to emerge from bankruptcy include spinning off a REIT, multiple media outlets have reported.
Fundraising | May 18, 2020 CapRock Partners Industrial Value-Add Fund III hits $180m by Kali Persall CapRock Partners has completed first and second closings for its fund.
