Research | Jul 27, 2020 Convenience and safety drive continued expansion of medical retail space by Andrea Zander Prior to the onset of COVID-19, medical service providers had been expanding rapidly into retail spaces including shopping centers and urban storefronts.
Transactions | Jul 27, 2020 M7 acquires Polish office in maiden investment for M7 CREF II by Released M7 Real Estate has undertaken its first acquisition on behalf of M7 CEREF II.
Research | Jul 27, 2020 Commercial real estate returns turn negative with historical drop in rent by Released The NCREIF Property Index (NPI) total return was –0.99 percent in the second quarter, which represents a decrease from the 0.71 percent return for the prior quarter.
Transactions | Jul 27, 2020 Hines breaks ground on Bayside Toronto waterfront master-planned community by Released Hines has begun speculative construction on the workplace component of its Bayside Toronto waterfront master-planned community.
Investors | Jul 27, 2020 Brookfield Asset Management gears up for $500m–$700m REIT offering by Andrea Zander Canadian alternative investment manager Brookfield Asset Management is planning to raise $500 million to $700 million by listing an Indian REIT by the end of the current financial year.
Transactions | Jul 27, 2020 CAERUS provides €120m of financing for new Mandarin Oriental hotel in Vienna by Released CAERUS Debt Investments AG (CAERUS) has committed €120 million ($141 million) for the development of the Mandarin Oriental Vienna.
Research | Jul 27, 2020 Single-family housing market following positive trajectory by Andrea Zander Despite complications from the health crisis, sales of single-family homes are increasing as buyers adapt to new procedures, reported Marcus & Millichap.
Transactions | Jul 27, 2020 Asian REIT acquires London office building for €420m by Andrea Zander PATRIZIA has acted on behalf of Link, the largest REIT in Asia, as adviser and asset manager for the acquisition of an office building located at 25 Cabot Square, Canary Wharf, London, for €420 million ($495 million).
Energy efficiency as a service market to grow steadily in coming years by Kali Persall Increasing awareness of environmental impact and sustainability is propelling the growth of development models that utilize renewable energy.
Research | Jul 27, 2020 Survey results: Four themes that will drive behavioral change in real estate by Andrea Zander To better understand the pandemic’s long-term effects on real estate, Barings Real Estate (BRE) Research compiled a list of potential behavioral changes that have either been observed since COVID-19 upended daily life in March, or what might be possible in/after the non-normal pandemic world.
Fundraising | Jul 24, 2020 Catalyst Capital and Investec back Fairway Capital’s London residential fund by Released Fairway Capital, investment adviser to the Fairway Capital Property Fund, has secured a debt facility with Investec alongside cornerstone investor, Catalyst Capital.
Fundraising | Jul 24, 2020 Alliant Capital raises $92m for affordable housing fund by Kali Persall Alliant Capital has raised notable capital for affordable multifamily housing in the United States. Alliant said the closing of Fund 102, with $92 million in capital, bumped the firm to the $8 billion mark.
Investors | Jul 24, 2020 AP1 clocks -1.8% return in first half of 2020 by Kali Persall Swedish pension fund Forsta AP-fonden (AP1) saw a –1.8 percent return for first half 2020, according to a new report on the fund’s website.
Research | Jul 24, 2020 Nuveen Real Estate: The office is dead. … Long live the office by Andrea Zander Throughout the global COVID-19 pandemic, real estate news has been dominated by what it will mean for the future of offices, with media outlets speculating that occupiers will be ridding themselves of now “redundant” prime real estate, keeping their workforce at home and saving money in the process, according to Nuveen Real estate.
Transactions | Jul 24, 2020 GLP global leasing activity up 41% y-o-y by Released GLP announced strong global leasing performance in first half 2020, signing approximately 8.9 million square meters (96 million square feet) of lease agreements over the past six months, up more than 41 percent year-on-year.
Transactions | Jul 24, 2020 San Francisco office hits market with $250m price tag by Andrea Zander San Francisco–based Union Bank is planning a sale-leaseback transaction for its 297,642-square-foot office building in San Francisco located at 350 California St.
Transactions | Jul 24, 2020 New Harrison Street and Cortland JV to develop rental housing in U.K. by Released Harrison Street and Cortland have formed a joint venture with plans to develop a 367-unit build-to-rent residential property in Watford, United Kingdom.
Research | Jul 24, 2020 COVID-19 causes sharp drop in Q2 office demand, as expected by Released COVID-19’s full impact on the U.S. office market was evident in second quarter 2020, with the largest quarterly drop in demand since 2001.
Research | Jul 24, 2020 Office space offered for sublease in largest U.S. markets increases amid pandemic by Released The amount of office space offered for sublease in the 10 largest U.S. office markets has increased by 12 percent since the COVID-19 pandemic forced a shutdown of local economies in March, according to CBRE.
People | Jul 24, 2020 Union Investment Real Estate appoints new CEO by Released Union Investment Real Estate GmbH has appointed Michael Bütter to chairman of the management board (CEO) and head of the real estate segment.
