Research | Oct 6, 2020 European self-storage occupancy levels increase to 80% by Andrea Zander The latest data shows there are now 4,831 self-storage facilities across Europe, providing nearly 10.5 million square meters (113 million square feet) of self-storage space.
California’s Central Valley: A hidden gem? by Denise DeChaine The Central Valley is California’s fastest-growing and most-affordable region.
People | Oct 6, 2020 Colliers International appoints new managing director for Japan business by Released Colliers International has appointed Yukihiro Ogasawara as managing director and chairman – Japan.
Transactions | Oct 6, 2020 LOGOS acquires first Vietnam development site in Greater Hanoi by Released LOGOS has completed its first acquisition in Vietnam.
Transactions | Oct 6, 2020 Century Bridge announces investment in $103m Taicang, China, residential project by Released Century Bridge Capital has invested in a second Chinese middle-income, residential project in Taicang, China, with Hong Kong–listed developer Jingrui.
Research | Oct 6, 2020 Korean buyers pursue overseas acquisitions despite pandemic-related disruptions by Andrea Zander Although the COVID-19 pandemic has led to a sharp decline in Korean outbound investment in first half 2020, Korean investors retain a long-term strategic focus on global real estate investment, with many buyers continuing to pursue opportunities abroad, according to CBRE Korea’s COVID-19 and Outbound Investment Viewpoint report.
Investors | Oct 5, 2020 PIMCO assumes oversight of Allianz Real Estate by Released PIMCO has officially assumed the leadership and oversight of Allianz Real Estate.
Transactions | Oct 5, 2020 Catella Dutch Residential Fund II acquires senior housing community for €37m by Kali Persall The Catella Dutch Residential Fund II, an open-ended real estate special fund managed by Catella Real Estate, has acquired the Gerlachus senior housing community in Maastricht, in the Netherlands, for €37 million ($43 million).
Transactions | Oct 5, 2020 AEW acquires grade A distribution warehouse in the Netherlands by Kali Persall AEW has purchased a grade A distribution warehouse in Utrecht, the Netherlands.
Fundraising | Oct 5, 2020 Chindata Group Holdings raises $540m in IPO by Kali Persall Chindata Group Holdings, a hyperscale data center solution provider in Asia Pacific emerging markets, has raised $540 million in a recent IPO
Fundraising | Oct 5, 2020 EQT Real Estate II closes at $1b, surpassing target by Kali Persall EQT Real Estate II, managed by EQT Real Estate, has completed a final close at €1 billion ($1.2 billion), exceeding its target size of €750 million ($878 million).
Fundraising | Oct 5, 2020 LaSalle completes first close for fourth debt fund by Kali Persall LaSalle Investment Management has completed the first close of its fourth fund in its flagship LaSalle Real Estate Debt Strategies series (LREDS).
Transactions | Oct 5, 2020 All 47 Macerich retail properties now fully reopened by Released Macerich has announced that all 47 of the company’s major retail properties nationwide will soon be fully open for business.
Transactions | Oct 5, 2020 Watermark Residential makes fourth multifamily community in Missouri by Released Watermark Residential has acquired approximately 19 acres of land in the affluent St. Louis suburb of O’Fallon, Missouri.
Transactions | Oct 5, 2020 Equus Capital fund acquires multifamily community in McKinney, Texas by Released Equus Capital Partners has acquired McKinney Village.
Transactions | Oct 5, 2020 Boston Cambridge sells for $107m by Released Xenia Hotels & Resorts has sold the 221-room Residence Inn Boston Cambridge in Cambridge, Mass., for $107.5 million.
Transactions | Oct 5, 2020 SL Green tops off first project to be built in Lower Manhattan under the affordable New York program by Released SL Green Realty Corp. announced the topping off of 185 Broadway, a 34-story, mixed-use building in Lower Manhattan.
Transactions | Oct 5, 2020 Morgan Properties pays $323m for multifamily acquisition by Andrea Zander Morgan Properties, the nation’s fifth largest apartment owner and operator, has acquired 18 communities encompassing 3,256 units in North and South Carolina.
Transactions | Oct 5, 2020 EXCLUSIVE: Harrison Street JV acquires asset in Milwaukee by Released 547 Data Center Real Estate Fund II, an affiliate of fifteenfortyseven Critical Systems Realty, an owner, operator and developer of data center space, in partnership with Harrison Street, has acquired AH Wells Building in Milwaukee, Wis.
Research | Oct 5, 2020 Real estate investors reveal increasing need for improved screening of market-level risk and resilience by Released Real estate investors have expanded their analysis of climate risk to explore impacts at the market level, according to a report by the Urban Land Institute (ULI), a global multidisciplinary real estate organization, and Heitman.
