Transactions | Dec 17, 2019 ARA Asset Management to acquire second asset in China by Released ARA Asset Management announced the proposed joint acquisition of Sanlin InCity, a retail mall located in the Sanlin District of Pudong, Shanghai.
Transactions | Dec 17, 2019 Intercontinental Real Estate acquires office complex in Seattle by Andrea Zander Intercontinental Real Estate Corp., on behalf of one of its managed funds, has acquired its first commercial office asset in Seattle.
Fundraising | Dec 17, 2019 JVM Realty Corp. acquires luxury apartment asset in Illinois, anticipates close of two funds by Released JVM Realty Corp., a vertically integrated multifamily real estate investment and property management firm, has acquired Maple & Main, a 115-unit luxury apartment community in Downers Grove, Ill.
Transactions | Dec 17, 2019 Keppel Land acquires stake in the joint venture company by Released Keppel Land, through its wholly owned subsidiary, has entered into a joint venture with leading Indian developer Rustomjee Group to jointly develop the 51.4-hectare Urbania integrated township located in Thane, a mature and well-connected district within the Mumbai metropolitan region.
Transactions | Dec 17, 2019 Catella Wohnen Europa Fund acquires six properties throughout Europe by Released The Catella Wohnen Europa Fund has made six acquisitions, three in Germany, two in the Netherlands and one in Denmark.
People | Dec 17, 2019 Allianz Real Estate appoints new Asia Pacific head of acquisitions by Released Allianz Real Estate has appointed Danny Phuan as Asia Pacific head of acquisitions,.
Transactions | Dec 17, 2019 PGIM Real Estate buys Berlin office tower STREAM from SIGNA by Released PGIM Real Estate has acquired Berlin office tower STREAM, from SIGNA, as part of a forward deal on behalf of German and Swiss institutional investors.
Investors | Dec 17, 2019 Boris Johnson could spook financial markets in 2020, investors cautioned by Released Boris Johnson could spook financial markets in 2020 and investors must avoid complacency, warns the CEO of one of the world’s largest independent financial advisory organizations.
Transactions | Dec 17, 2019 Starlight Investments completes $1.7b Greater Toronto Area portfolio acquisition by Released Starlight Investments has completed the acquisition of a 44-building, multi-residential concrete high-rise portfolio predominantly in the Greater Toronto Area comprising 6,271 rental units.
Investors | Dec 17, 2019 Greystar, PATRIZIA secure Korea Post’s $100m housing investment by Andrea Zander U.S.-based Greystar Real Estate Partners and Germany’s PATRIZIA AG have won a $100 million mandate from Korea Post.
Fundraising | Dec 17, 2019 LaSalle adds almost $200m more to eighth income and growth fund by Kali Persall LaSalle Investment Management has raised $798 million for its eighth income and growth fund.
Fundraising | Dec 17, 2019 Harrison Street launches third European property partners fund by Kali Persall Harrison Street is expanding its fund series with the launch of its European Property Partners III fund, eight months after the fund’s predecessor completed its final close.
Fundraising | Dec 17, 2019 Gerding Edlen Green Cities IV fund closes in on fundraising target by Kali Persall Gerding Edlen, a Portland, Ore.–based investment company, has raised $353 million for its value-added investment vehicle.
Transactions | Dec 17, 2019 Ado Properties agrees to Adler takeover to create €8.6b group by Released ADO Properties and ADLER Real Estate will combine their businesses and create a top three residential real estate company in Germany.
Transactions | Dec 16, 2019 AFI Europe signs €300m deal for NEPI Rockcastle’s Romanian office portfolio by Andrea Zander Dutch-registered real estate developer AFI Europe has signed an €300 million ($335.3 million) deal for the Romanian office property portfolio of NEPI Rockcastle.
Transactions | Dec 16, 2019 ING closes $402m financing for Paramount Group by Released ING Capital has closed a $402 million financing for Paramount Group to fund its acquisition of Market Center.
Transactions | Dec 16, 2019 Kilroy Realty acquires 1.37-acre mixed-use land site in Seattle CBD by Released Kilroy Realty Corp. has completed the acquisition of a 1.37-acre, five parcel land site in Seattle’s central business district for a purchase price of $133 million.
Transactions | Dec 16, 2019 CIM Group adds to Northern Virginia multifamily portfolio by Andrea Zander CIM Group has acquired Skyline Towers, two 26-story high-rise apartment buildings located at 5599 Seminary Road in the Bailey’s Crossroads submarket of Falls Church, Va.
Research | Dec 16, 2019 Real estate investment activity in Asia Pacific to outperform other regions in 2020 by Andrea Zander Investment in Asia Pacific real estate has reached $125 billion in the first three quarters of 2019, up 10 percent year-on-year, and is set for another strong year in 2020, said JLL.
Investors | Dec 16, 2019 Maine Public Employees Retirement System invests in Angelo Gordon fund by Andrea Zander The $15.1 billion Maine Public Employees Retirement System has approved a $50 million investment to real estate fund managed by Angelo Gordon & Co.
