Transactions | Apr 1, 2020 Korean institutional investor acquires Leroy Merlin logistics unit in Poland by Andrea Zander Savills Investment Management (Savills IM) has completed the acquisition of a logistics unit leased to Leroy Merlin in Piątek from Invesco Real Estate, on behalf of Korean institutional investors managed by Vestas Investment Management.
Research | Apr 1, 2020 European pension funds anticipate dramatic increase of investments in long-income property by Kali Persall Institutional pension fund investors say expected long-term performance is the thing they find most attractive about long-income properties, according to a new study by Alpha Real Capital, a specialist manager of long-income assets.
Transactions | Apr 1, 2020 PATRIZIA sells residential portfolio in the Netherlands for €375m by Andrea Zander PATRIZIA AG, the global partner for pan-European real estate investment, has announced the sale of a large, mainly residential portfolio for €375 million ($410 million).
Transactions | Apr 1, 2020 SBB sells a portfolio of residential properties in Sweden by Released Samhällsbyggnadsbolaget i Norden AB (SBB) has sold a portfolio of 545 rental apartments in southern Sweden to Kuststaden.
Transactions | Apr 1, 2020 Blackstone cancels $405m Oakland purchase by Andrea Zander Blackstone Group has backed out on its $405 million purchase of the 396,808-square-foot Uptown Station office building in Oakland, Calif., located at 1955 Broadway.
Transactions | Apr 1, 2020 CBRE Global Investors buys German logistics park on behalf of European Industrial Fund by Released CBRE Global Investors has acquired a 177,400-square-meter (1.9 million-square-foot) logistics park in Trebur, Germany.
Transactions | Apr 1, 2020 Menlo Equities buys office in Falls Church, Virginia by Released An affiliate of Menlo Equities has acquired 2941 Fairview Park Drive, a 367,349-square-foot trophy office building prominently located in one of the region’s only inside-the-beltway corporate office parks, Fairview Park in Falls Church, Va.
People | Apr 1, 2020 Simon Lutz expands partner base at Peakside by Released Simon Lutz has been appointed partner at Peakside Capital Advisors.
Transactions | Apr 1, 2020 Columbia Property Trust completes sale of office park in suburban Los Angeles by Released Columbia Property Trust has completed the sale of Pasadena Corporate Park, a three-building office complex containing 260,000 square feet in Pasadena, Calif., for a gross sales price of $78 million.
Beating the odds by By Irène Fossé, Dennis Schoenmaker and Hans Vrensen As real estate contributes nearly 40 percent of greenhouse gas (GHG) emissions globally, a deeper understanding with investors, managers, tenants and policy makers of climate risk for the commercial real estate sector is starting to develop.
Uncertainties around COVID-19 loom for 2020 real estate performance by Loretta Clodfelter There will likely be hit to growth in 2020 from the COVID-19 pandemic argues Indraneel Karlekar, global head of research and strategy for Principal Real Estate Investors, in “Ground-up economics” in the April 2020 issue of Institutional Real Estate Americas.
Key considerations to make in an ever-evolving market by Denise DeChaine Heather Border, managing partner at Alliance Global Advisors, discusses five key recommendations to encourage a more productive fundraise.
Transactions | Apr 1, 2020 Howard Hughes closes on $490m of loans by Released The Howard Hughes Corp. has closed on two loans totaling more than $490 million for projects in Hawaii and Texas.
Fundraising | Mar 31, 2020 Stoltz Real Estate Partners targets $500m with seventh investment vehicle by Kali Persall Philadelphia-based Stoltz Real Estate Partners has launched a new core-plus/value-added real estate fund with an equity fundraising target of $500 million.
People | Mar 31, 2020 CalPERS director joins BentallGreenOak by Andrea Zander Paul Mouchakkaa will be joining BentallGreenOak (BGO) as a managing partner, effective June 1.
Fundraising | Mar 31, 2020 Barings launches new European Real Estate Debt Income Fund by Kali Persall Barings Real Estate has launched a new fund.
Fundraising | Mar 31, 2020 Locust Point closes in on target for new senior housing debt fund by Kali Persall Locust Point Capital is marketing a new senior housing debt fund.
Investors | Mar 31, 2020 State of Wisconsin Investment Board makes $268m in new investments by Kali Persall IREI has learned the State of Wisconsin Investment Board (SWIB) has made $268 million in new real estate commitments.
Transactions | Mar 31, 2020 Moda and Apache Capital Partners unveil plans for €288m U.K. residential scheme by Andrea Zander Moda Living and joint venture partner Apache Capital Partners have submitted a planning application to deliver a €288 million ($317 million) 722-home build-to-rent development in Birmingham, U.K.
Investors | Mar 31, 2020 NMERB invests $50m in Crow Holdings Realty Partners IX by Kali Persall The $13.8 billion New Mexico Educational Retirement Board (NMERB) has committed $50 million to Crow Holdings Capital’s ninth investment vehicle.