Research | Sep 2, 2020 European investors keep faith with forward transactions in offices by Andrea Zander Investors stuck to the forward transactions route to acquire European office properties in the second quarter of 2020, indicating that investor demand for the asset type is still alive despite concerns over future needs for corporate space.
Transactions | Sep 2, 2020 Barings acquires Swedish office for €72m by Released Barings has completed a €72 million ($85 million) off-market acquisition.
Investors | Sep 2, 2020 Morgan Stanley Real Estate JV to invest in 306 rental apartments in Helsinki region by Andrea Zander RIM and Premico have invested in a joint venture together with a real estate fund advised by MSREI into a portfolio of 306 apartments in four residential properties in the Helsinki metropolitan area.
Transactions | Sep 2, 2020 CIM Group buys 2,346-unit property in Alexandria by Released CIM Group has acquired Southern Towers, a 2,346-unit multifamily property comprised of five 16-story high-rise apartment buildings.
People | Sep 2, 2020 EXCLUSIVE — Harrison Street appoints managing director and head of digital real estate by Kali Persall Michael Hochanadel, a former senior managing director at JLL, has joined Harrison Street as a managing director and head of digital real estate.
Investors | Sep 1, 2020 Executive director of Missouri PSRS announces retirement by Kali Persall Steve Youkum, executive director of the Public School Retirement System (PSRS) of Missouri for the past 26 years, has announced his retirement this week.
Investors | Sep 1, 2020 Denmark’s ATP reports strong second quarter by Kali Persall ATP, Denmark’s largest pension fund, has reported a strong second quarter, catching up with a large share of the investment return loss from the first quarter.
Transactions | Sep 1, 2020 RFR closes on $350m acquisition of 522 Fifth Ave. by Released RFR has acquired 522 Fifth Ave. in Manhattan in a $350 million transaction.
Transactions | Sep 1, 2020 PIC invests €146m in central Manchester BTR project by Released Pension Insurance Corp. (PIC), a specialist insurer of defined benefit pension funds, has acquired a prime city-center site in Manchester, England.
Transactions | Sep 1, 2020 Centennial launches omni-channel shopping platform for pre-plan mall buys by Released Centennial has launched Shop Now!, an omni-channel shopping platform created by Adeptmind, for each of its shopping centers nationwide.
Fundraising | Sep 1, 2020 Brunswick Real Estate launches third senior debt fund by Kali Persall Brunswick Real Estate is marketing its third senior debt fund, focused on lending to commercial property with clear sustainability goals.
Investors | Sep 1, 2020 Lendlease to accelerate development production over the next five years by Andrea Zander Lendlease has plans to accelerate development production over the next five years while also scaling up its investments.
Transactions | Sep 1, 2020 Catella Modern Living Fund buys in Berlin and Hamburg for more than €90m by Released Berlin-based Catella Residential Investment Management GmbH (CRIM) and Catella Real Estate AG via their AIFM platform have acquired two residential properties in Berlin and Hamburg.
Transactions | Sep 1, 2020 PATRIZIA buys planned Barcelona office for €72m by Released PATRIZIA AG has purchased an office building in Barcelona’s 22@ district at a prime location in one of the city’s most sought-after areas for businesses.
Transactions | Sep 1, 2020 Hines Global Income Trust acquires advanced manufacturing portfolio by Andrea Zander Hines Glob¬al Income Trust has acquired the advanced manufacturing portfolio (AMP), a 417,000-square-foot industrial and manufacturing campus in Santa Clara, Calif.
Transactions | Sep 1, 2020 CIP Real Estate acquires several industrial parks for $240m by Released CIP Real Estate has completed four off-market industrial and business park acquisitions in the East Coast’s sought-after Charlotte, N.C., and Atlanta markets.
Investors | Sep 1, 2020 Winthrop Management is now Mack Property Management by Released Mack Real Estate Group (MREG) announced the rebranding of its national property management affiliate, the latest step in MREG’s consolidation of its vertically integrated real estate platform under the Mack name.
Research | Sep 1, 2020 Impact of COVID-19 to accelerate European ecommerce growth by one year by Released Across Europe, ecommerce became an essential part of many people’s lives throughout the lockdown period, and online retail activity accounted for unprecedented levels of the total retail sales, spiking to as high as 33 percent in the United Kingdom.
Investors | Sep 1, 2020 Greystar joins CPP Investments JV, entering Brazilian rental housing market by Released Greystar Real Estate Partners is joining the Canada Pension Plan Investment Board (CPP Investments) and Cyrela Brazil Realty in a joint venture that will develop, own and operate purpose-built multifamily rental housing in Sao Paulo, Brazil.
Research | Sep 1, 2020 CBRE projects U.S. lodging sector recovery path by Released After facing the lowest occupancy levels since the 1930s and the greatest declines in revenues and profits ever experienced in the second quarter, the U.S. hotel industry is poised to begin a multiyear recovery in the third quarter, reported CBRE.
