Transactions | Jul 14, 2020 PfP Capital fund on track to reach €175m target for affordable housing in Scotland by Released PfP Capital, the fund management business established by Places for People, has secured investments from two major U.K. pension funds as part of its fundraising target of £160 million (€175.78 million/$199.81 million).
Research | Jul 14, 2020 COVID-19 prompts reallocation of real estate investment toward China and South Korea by Andrea Zander The most senior investors and investment managers in Asia Pacific nonlisted real estate have expressed a strong intention to increase their allocations to China and South Korea, while at the same time decreasing allocations to Australia and Japan.
Research | Jul 14, 2020 Nonlisted REIT fundraising shows early signs of recovery by Andrea Zander Nonlisted REIT fundraising rose to $454 million in June 2020, up 83 percent from $247 million in May and up 42 percent from $319 million in April, reported Robert A. Stanger & Co.
Transactions | Jul 13, 2020 CBREGI buys office in San Francisco by Andrea Zander CBRE Global Investors has paid $150 million for the Townsend Building in San Francisco.
Transactions | Jul 13, 2020 Kamco Invest and M7 acquire three office assets in the United Kingdom by Kali Persall Kamco Invest and M7 Real Estate have acquired three office buildings in three separate transactions in the United Kingdom.
Transactions | Jul 13, 2020 Amro Real Estate Partners sells student-housing complex to Belgian REIT by Kali Persall Student- and multifamily-housing investor Amro Real Estate Partners has sold a student residence to Xior Student Housing NV, a Belgian REIT, for €37 million ($41 million).
Transactions | Jul 13, 2020 Logik Developments submits planning for Manchester commercial scheme by Released Logik Developments has submitted a planning application to Manchester City Council for a U.K. commercial scheme that will form part of the €1.12 billion ($1.27 billion) Mayfield Masterplan.
Transactions | Jul 13, 2020 Chancerygate and Hines secure planning for 15-unit industrial development in Tonbridge, Kent by Released A joint venture between Chancerygate and Hines has been granted planning permission to speculatively develop a new 100,000-square-foot trade park in Tonbridge, Kent, England.
Investors | Jul 13, 2020 Hines consolidates European expansions with new asset management mandates by Andrea Zander Hines is expanding its asset management business in Europe through a mandate from a German pension fund to manage eight mixed-used properties.
Transactions | Jul 13, 2020 AXA IM – Real Assets buys 10-story residential tower in Nagoya, Japan by Released AXA Investment Managers – Real Assets has completed, on behalf of clients, the acquisition of a 10-story residential tower in Nagoya, Japan’s third largest city.
Investors | Jul 13, 2020 Cromwell Property Group and Cromwell European REIT partner with EXS and Stratus for new data center property platform by Andrea Zander Cromwell Property Group has entered into a strategic partnership with Stratus Data Centers, a member of the EXS Capital Group (EXS), to invest in and manage the rollout of a data center property platform across Europe and Asia Pacific through the new Stratus Cromwell Data Centre Fund (SCDC Fund).
People | Jul 13, 2020 UBS Asset Management appoints new U.K. asset Manager by Released UBS Asset Management (UBS-AM) Real Estate & Private Markets (REPM) has appointed Jonathan Ufton as an asset manager for its U.K. real estate team, based in London.
Transactions | Jul 13, 2020 Clarion Partners and Crow Holdings partnership to develop 7msf industrial project by Andrea Zander Clarion Partners and Crow Holdings Capital, in partnership with Rob Riner Cos., have acquired 556 acres in South Forth Worth to develop a state-of-the-art industrial and logistics park totaling approximately 7 million square feet.
Has the U.S. become a renter nation? by Denise DeChaine The United States has experienced changes in how people live and work. The younger generations are getting married and having children later in their lives, and this has caused a shift in the multifamily market.
History suggests major cities will continue to thrive in a post-pandemic world by Milan Khatri A key question is whether the experience of the pandemic and economic shutdowns will change the nature of urbanization and real estate demand in the future.
People | Jul 10, 2020 CenterPoint Properties appoints new executive VP, CFO by Released CenterPoint Properties announced it has appointed Christopher Papa as executive vice president, CFO.
Investors | Jul 10, 2020 NYSCRF backs new Fairfield Residential fund with $600m commitment by Kali Persall The $210.5 billion New York State Common Retirement Fund (NYSCRF) committed $600 million to the Fairfield Create Core Multifamily Fund in May.
Research | Jul 10, 2020 Senior housing occupancy decreases sharply in second quarter due to COVID-19 by Released Senior housing occupancy fell 2.8 percentage points in the second quarter of 2020 from 87.7 percent to 84.9 percent, according to new data from NIC MAP Data Service provided by the National Investment Center for Seniors Housing & Care (NIC).
Transactions | Jul 10, 2020 AEW acquires Wakefield site from Caddick Developments for U.K. logistics development venture by Released AEW and Allianz Real Estate, acting on behalf of several Allianz group companies, have completed the acquisition of Wakefield 515 in West Yorkshire, England.
