Research | Jan 27, 2020 U.S. multifamily transactions hit record $184b in 2019 by Kali Persall U.S. multifamily acquisitions hit their highest volume last year since 2005, jumping up to $184 billion, according to new research by CBRE.
Research | Jan 27, 2020 Commercial real estate returns end year on high note by Released The total return for commercial real estate was 1.55 percent in the fourth quarter, which was an increase from the 1.41 percent return reported for the prior quarter.
Fundraising | Jan 27, 2020 Lingerfelt Commonwealth Partners markets third fund by Andrea Zander Lingerfelt Commonwealth Partners has a third fund in the market, according to the IREI FundTracker database.
Transactions | Jan 27, 2020 SL Green sells six NY assets by Andrea Zander SL Green Realty Corp. has sold several office buildings in New York, according to its fourth quarter 2019 and full-year 2019 report.
Research | Jan 27, 2020 Infrastructure fundraising report: Capital flows grow but so do concerns about the market by Tyson Freeman Infrastructure fundraising has maintained a solid pace according to most measures. But yearly fundraising numbers, let alone quarter-to-quarter numbers, can be chunky, and often do not tell the whole story.
Investors | Jan 24, 2020 American Landmark to acquire up to $2b in multifamily assets by Andrea Zander American Landmark Apartments has plans to acquire another $1.5 billion to $2 billion in multifamily properties in 2020, bringing its current portfolio of 33,000 apartment units up to nearly 40,000 units by year end.
People | Jan 24, 2020 Hines strengthens investment management team by Released Adriana de Alcantara has joined Hines as senior managing director, fund management, Americas.
Investors | Jan 24, 2020 Gaw in talks to buy Australia’s largest self-storage trust by Andrea Zander Gaw Capital Partners has made a non-binding takeover offer for National Storage REIT, one of Australia’s largest self-storage operators.
Investors | Jan 24, 2020 Dallas-Fort Worth International Airport pension fund seeks investment consultant by Kali Persall The Dallas-Fort Worth International Airport Board Retirement Trust has issued a request for proposals, seeking consulting services for its defined benefit plan and defined contribution plan.
Transactions | Jan 24, 2020 Hines JV receives $870m construction loan for core mixed-use tower in Boston by Released A joint venture between affiliates of Hines, APG Groep NV and Dune Real Estate Partners has received an $870 million construction loan for the first phase of the South Station redevelopment.
Investors | Jan 24, 2020 Quadrant and Eccleston Capital launch U.K. retail adaptive re-use JV by Andrea Zander Quadrant and Eccleston Capital are launching the first single-purpose venture aimed at repurposing redundant department stores and other large retail units across the United Kingdom.
Transactions | Jan 24, 2020 Oxford Properties JV to develop largest mixed-use downtown development in Canadian history by Released Oxford Properties Group with its partner Alberta Investment Management Corp. has plans to transform 130 acres around the Square One Shopping Centre in suburban Toronto into an 18 million-square-foot master-planned mixed-use neighborhood of the future.
Transactions | Jan 24, 2020 AM Alpha buys nine-story Glasgow office property by Released Munich-based family office AM Alpha, which specializes in joint real estate investments with private and institutional investors, has acquired an office property in Glasgow, Scotland.
Transactions | Jan 24, 2020 City Developments wins approval for $390m hotel in London by Andrea Zander The planning committee of the Royal Borough of Kensington & Chelsea has granted planning consent for the regeneration of the historic Pavilion Road car park site in the heart of Knightsbridge, a residential district in London.
Transactions | Jan 24, 2020 Clarion Partners buys industrial center in Reno, Nev. by Released Clarion Partners has acquired Lear Industrial Center, a four-building, class A, multitenant business park totaling 1.4 million square feet in Reno, Nev., for $117.3 million.
Research | Jan 24, 2020 Food & beverage sector gains ground in largest U.S. warehouse leases by Andrea Zander The food & beverage industry, driven by the expansion of grocery delivery, significantly expanded its share of the largest 100 U.S. industrial & logistics leases by square footage last year, while the share claimed by e-commerce and logistics companies receded.
Investors | Jan 24, 2020 Sizing up current and future investment themes by Jennifer Molloy In Hong Kong this past October, the in-depth discussions at the annual Editorial Advisory Board meeting for Institutional Real Estate Asia Pacific also yielded a number of anonymous quick tally responses on some of the topics most keeping institutional investors, consultants and investment managers in attendance up at night.
Research | Jan 23, 2020 Main U.K. office sector’s energy wastage is equivalent to annual carbon emissions of 82,000 cars by Marek Handzel Green Alliance, the U.K. environmental think tank, has said that wasted energy use in five of the United Kingdom’s main office sector locations is generating the same level of annual carbon emissions as that of 82,000 cars.
Transactions | Jan 23, 2020 Frasers Property to acquire London business park for $177m by Andrea Zander Singapore-based Frasers Property has plans to acquire the London business park.
Investors | Jan 23, 2020 Institutional investment manager Asland Capital Partners launches with major investments by Released James H. Simmons III, a 20-year veteran of private equity real estate investment, announced the formation and launch of Asland Capital Partners, a private real estate investment firm specializing in multifamily, mixed-use and retail investments.