People | Jul 20, 2020 Matthew Lunt joins CA Immo as head of asset management Austria and CEE by Kali Persall CA Immo has named Matthew Lunt as head of asset management Austria and Central and Eastern Europe.
Transactions | Jul 20, 2020 Harbor Group sells Kansas City apartments for $81m by Andrea Zander Harbor Group International has sold Coach House, an 807-unit garden-style multifamily property in Kansas City, Mo., for $81 million.
People | Jul 20, 2020 Purpose Investments renames real estate fund, appoints new managers by Kali Persall Purpose Investments Inc. an asset management company with more than $9 billion under management, has announced several changes to its Purpose Duration Hedged Real Estate Fund to more accurately reflect the fund’s new investment strategy.
Investors | Jul 20, 2020 Blackstone launches second Indian REIT by Andrea Zander Mindspace Business Parks REIT has filed its final offer document with markets regulator Securities and Exchange Board of India (SEBI).
Transactions | Jul 20, 2020 Chuang’s Consortium International acquires redevelopment site in Hong Kong by Andrea Zander Chuang’s Consortium International has acquired full ownership of No. 20 Gage Street, and about 88.9 percent and 87.5 percent ownership of No. 16 and No. 18 Gage Street in Hong Kong, respectively.
Transactions | Jul 20, 2020 L.A. tower sells for $430m by Andrea Zander Beringia Central, an indirect wholly-owned subsidiary of OUE Limited, the Singapore-based property developer controlled by Indonesian conglomerate Lippo Group, has agreed to sell the iconic U.S. Bank Tower in Los Angeles for $430 million.
Fundraising | Jul 20, 2020 Brookfield raises $300m for new residential fund by Kali Persall Brookfield Asset Management has launched a new real estate fund.
Transactions | Jul 20, 2020 L&G commits to major Edinburgh regeneration project by Released Legal & General, on behalf of the L&G U.K. Property Fund, will invest over £50 million (€55 million/$63 million) into a major regeneration project in Princes Street, Edinburgh, Scotland.
Transactions | Jul 20, 2020 Chancerygare and Hines JV submits plans for industrial development in Cheshire by Released Chancerygare and Hines have submitted plans to speculatively build 115,000 square feet of industrial and warehousing space in Warrington, Cheshire, United Kingdom.
Transactions | Jul 20, 2020 Nuveen Real Estate makes Danish investment debut by Released Nuveen Real Estate has agreed to acquire Campus, Copenhagen.
Transactions | Jul 20, 2020 PATRIZIA U.K. launches new industrial mandate with €41m acquisition by Released PATRIZIA has acquired a multi-let industrial estate near Maidstone, United Kingdom.
Research | Jul 20, 2020 Poland retail: New opportunities for convenience centers and retail park developers by Released The outbreak of the pandemic has certainly slowed construction activity. Nevertheless, in the first half of 2020, developers in Poland completed nearly 148,000 square meters (1.6 million square feet) of retail space in large-scale projects, according to JLL.
People | Jul 20, 2020 Prelios SGR selects head of new asset management unit by Kali Persall Prelios SGR, the management company of Italy’s Prelios Group, has appointed Piergiulio Dentice di Accadia as head of the company’s new asset management unit, reporting directly to CEO Patrick Del Bigio.
Office design during and after COVID-19 by Denise DeChaine Precautions are being put in place and stay-at-home orders have gone into place, been lifted in some areas and seem to be on their way to being put back in place, if are not there already. So what does all of this mean for those that haven’t left the office or will eventually head back to the office when restrictions are lifted?
Opportunities for investors in Australian nondiscretionary retail by Peter Mitchell The nondiscretionary retail space in Australia is an exception to the general gloomy sentiment directed at the retail sector.
Transactions | Jul 17, 2020 GORE takes over German office property portfolio from PREOS for €200m by Andrea Zander GORE German Office Real Estate AG has acquired a real estate portfolio consisting of 12 office properties with individual market values of up to €19.2 million ($21.9 million) from PREOS Real Estate AG.
Fundraising | Jul 17, 2020 Blackstone’s Strategic Partners Real Estate VII hits $1.9b in final close by Kali Persall Blackstone’s secondary and fund solutions business, Strategic Partners, has raised $1.9 billion in a final close for its Strategic Partners Real Estate VII and related committed program vehicles.
Investors | Jul 17, 2020 Radisson signs 15 new hotels across EMEA in Q2 2020 by Released Radisson Hotel Group has announced 15 new hotel signings across EMEA in second quarter 2020.
Fundraising | Jul 17, 2020 Castleforge Partners raises $339m for third value-add fund by Kali Persall Castleforge Partners, a London-based private equity real estate investment firm, has completed a final close of Castleforge Partners III with £270 million ($339 million) in capital commitments.
Transactions | Jul 17, 2020 Real I.S. acquires Dublin apartment block by Kali Persall Real I.S. has purchased an apartment block in Dublin from Irish property developer Marlet Property Group, according to several news reports.
