Investors | Oct 20, 2020 Bridge expands to Asia with Seoul office opening by Released Bridge Investment Group has opened an office in Seoul to better serve its Asian investor base.
Investors | Oct 20, 2020 Ann Arbor City Employees backs Torchlight fund by Kali Persall The Ann Arbor (Mich.) City Employees' Retirement System has approved a $9 million investment in a value-add real estate fund managed by Torchlight Investors.
Investors | Oct 20, 2020 Ontario Teachers’ leads $360m investment to Asian data center company by Released Singapore-based Princeton Digital Group (PDG) has entered into definitive agreement for a new $360 million equity investment led by Ontario Teachers’ Pension Plan Board.
Transactions | Oct 20, 2020 Mapletree Logistics Trust to acquire nine logistics properties by Released Mapletree Logistics Trust has plans to acquire nine logistics properties in China, Malaysia and Vietnam.
Fundraising | Oct 20, 2020 SEGRO launches final fundraising round for Centenary Fund by Kali Persall SEGRO, an owner, manager and developer of warehousing and industrial space, has launched the fourth and final fundraising round for its Centenary Fund.
Investors | Oct 20, 2020 Canadian investor to invest $2b in India by Andrea Zander Bengaluru-headquartered RMZ Corp has struck a deal to sell 12.5 million square feet of office and co-working assets across its portfolio in India.
Research | Oct 20, 2020 U.K. pension funds plan to increase allocations to renewables by Released Over the next five years, 68 percent of U.K. pension fund investors expect allocations to renewable energy to increase, compared to just 10 percent who expect allocations to fall, according to new research from Alpha Real Capital, the specialist manager of secure income real assets.
Research | Oct 20, 2020 San Francisco apartment rents continue to drop, still most expensive city to live in by Andrea Zander Apartment rents in the San Francisco Bay Area dropped by 0.7 percent on a trailing three-month basis through August to $2,588 per month.
Investors | Oct 20, 2020 Virginia Retirement System commits $50m to Apollo Fund by Kali Persall The $81.6 billion Virginia Retirement System (VRS) has disclosed a $50 million commitment to a closed-end fund managed by Apollo Global Management.
Research | Oct 20, 2020 Warsaw office market reacts to pandemic by Released Demand for office space in Warsaw in the first three quarters of 2020 was 35 percent lower than in the corresponding period of 2019, and a growing volume of office space has become available for sublease, according to JLL.
Transactions | Oct 20, 2020 New World Development to invest $1b in large-scale retail destination in China by Andrea Zander New World Development Co. has plans to invest more than HK$10 billion ($1.29 billion) to develop a large-scale cultural retail destination in Prince Bay of Shenzhen.
Transactions | Oct 20, 2020 Blackstone nears $2b deal in India with Prestige Estates by Andrea Zander Indian developer Prestige Estates Projects Ltd. said Blackstone Group has signed a non-binding agreement to buy some of its assets for $2 billion.
Research | Oct 20, 2020 Beijing property market continues recovery by Andrea Zander The overall property market in Beijing continued to recover in third quarter 2020 in the wake of the pandemic.
People | Oct 19, 2020 CalSTRS names new director of investment services by Kali Persall California State Teachers’ Retirement System (CalSTRS) has promoted April Wilcox to director of investment services.
Transactions | Oct 19, 2020 DRA Advisors and Prescott Partners pay $130m for Portland office park by Released A partnership between a fund controlled by DRA Advisors and Prescott Partners has purchased Nimbus Corporate Center.
Research | Oct 19, 2020 Nuveen Real Estate releases Asia Pacific report by Released Nuveen Real Estate has released the most updated commentary on real estate investing post-COVID-19, which points to a timely opportunity in property investments currently.
Transactions | Oct 19, 2020 Elite Commercial REIT buys 58 properties across U.K. in maiden acquisition by Andrea Zander Elite Commercial REIT has acquired 58 commercial buildings across the United Kingdom, its first acquisition since its listing on the Singapore Exchange (SGX) this February.
Transactions | Oct 19, 2020 Legal & General announces €220m funding of Oxford University innovation center for Life and Mind sciences by Released Legal & General announces that it will fund and deliver a new sciences building with the University of Oxford.
Fundraising | Oct 19, 2020 Homestead Capital raises $532m for Homestead Capital USA Farmland Fund III by Kali Persall Homestead Capital has collected $532 million for its Homestead Capital USA Farmland Fund III.
Research | Oct 19, 2020 German and French real estate investors already ahead of last year's investment volume by Andrea Zander German and French investors are on track to allocate more capital to real estate than last year in a number of European countries, according to Savills.
