Secular demand drivers will help Asian real estate rebound amid coronavirus pandemic by Kali Persall While the COVID-19 pandemic has put pressure on the various property classes in Asia during the past several months, investment professionals remain confident that certain demand drivers will help activity in the region rebound.
Fundraising | Aug 21, 2020 Ladera Capital Partners opens new multifamily fund to investors by Kali Persall Ladera Capital Partners has begun marketing a new multifamily fund.
Investors | Aug 21, 2020 Chicago Teachers backs value-add Newport Fund III by Kali Persall The $9.7 billion Chicago Teachers' Pension Fund (CTPF) has voted to commit $30 million to a value-add fund managed by Chicago-based Newport Capital Partners.
Transactions | Aug 21, 2020 Vinci starts €56m Redhill mixed-use scheme by Released VINCI Construction UK will deliver Reigate & Banstead Borough Council’s new €56 million ($66 million) cinema, retail and homes development at Marketfield Way in Redhill, U.K.
Investors | Aug 21, 2020 Ohio Public Employees advances with investment consultant selection by Kali Persall The $94.1 billion Ohio Public Employees Retirement System (OPERS) is moving forward in its selection of a new investment consultant.
Research | Aug 21, 2020 Survey of investors: Coronavirus crisis causing significant changes in investment strategies by Released The COVID-19 pandemic has led to a significant shift in the investment strategies of institutional real estate investors in Europe.
Research | Aug 21, 2020 Houston industrial vacancy rate increases quarterly and yearly basis by Andrea Zander Second quarter 2020 marked the first full quarter in which the Houston industrial market faced pressure from COVID-19, a national recession and yet another energy downturn, reported Savills in its second quarter report on the market.
Transactions | Aug 21, 2020 Alexandria pays $98m for National University HQ in San Diego by Released National University System, a veteran-founded nonprofit university with more than 45,000 students across 28 campuses around the world, has sold an 11.4-acre site near San Diego.
Transactions | Aug 21, 2020 CenterPoint Properties acquires trophy last-mile site in New Jersey by Released CenterPoint Properties has acquired 349–369 First St. in Elizabeth, N.J.
Research | Aug 21, 2020 Investors expect Asia Pacific real estate investment to accelerate in 2021 by Andrea Zander Asia Pacific real estate investment volumes are expected to rebound in the first of half of 2021 as investors continue to evaluate current market uncertainties due to the COVID-19 pandemic.
Investors | Aug 21, 2020 CA Ventures launches PBSA platform for Europe by Andrea Zander CA Ventures has launched a new property-management platform, Novel Student, to operate the company’s portfolio of purpose-built student accommodation assets throughout Europe.
Research | Aug 20, 2020 Co-working space expands five times in size by Andrea Zander In June 2020, the total supply of co-working space in the Seoul office market reached 578,700 square meters (6.23 million square feet), a six-fold increase compared with 2016, according to Savills Korea Co-Working Market Post-COVID report.
Investors | Aug 20, 2020 Mississippi Public Employees' discloses 3.35% return for the fiscal year by Kali Persall The $28.2 billion Mississippi Public Employees' Retirement System has recorded a 3.35 percent return for the fiscal year ending June 30.
Investors | Aug 20, 2020 Iowa’s Municipal Fire and Police seeks deputy CIO to run $2.7b portfolio by Kali Persall Municipal Fire and Police Retirement System of Iowa (MFPRSI) is seeking to hire a deputy CIO to oversee the pension fund’s $2.7 billion investment portfolio.
Investors | Aug 20, 2020 Montana Board of Investments commits $130m to two real estate funds by Kali Persall Montana Board of Investments (MBI) has disclosed $130 million in real estate investments.
People | Aug 20, 2020 Cerberus head of international real estate passes away by Andrea Zander Ron Rawald, senior managing director and head of international real estate at Cerberus Capital Management, died over the weekend, according to media outlets.
Research | Aug 20, 2020 Hotel industry faces historic wave of foreclosures by Released The hotel industry is facing a historic wave of foreclosures as the COVID-19 pandemic continues to devastate small business hotel owners and its workforce, according to a national report by Trepp.
Research | Aug 20, 2020 Investors (re)imagining India’s data-center market as capacity expected to triple by 2025 by Released India’s data-center capacity is expected to grow from 375 megawatts in first half 2020 to 1.1 gigawatts by 2025, presenting a $4.9 billion investment opportunity.
Transactions | Aug 20, 2020 South Korean REIT to buy office space for $201m by Andrea Zander South Korea’s Shinhan Alpha REIT has plans to buy 37,600 square meters (404,720 square feet) of office space in Twincity Namsan in central Seoul for 238.6 billion won ($201.6 million) from KB Asset Management.
Transactions | Aug 20, 2020 Hines-DLF JV wins $346m loan for Gurugram office project by Andrea Zander A joint venture between India’s largest property developer DLF Ltd and global real estate firm Hines has secured a construction loan of INR 2,600 crore ($346 million) from HDFC Ltd for an upcoming office project in the Indian city of Gurugram.
