People | Sep 30, 2020 Hammerson appoints new CEO by Released Hammerson has appointed Rita-Rose Gagné as CEO and executive director. David Atkins will continue to serve as CEO until Gagné joins the company.
Research | Sep 30, 2020 German logistics and real estate 2020 survey: Thriving in times of crisis by Released Investments in German logistics, Unternehmensimmobilien-type and industrial real estate had already reached a new high-water mark in 2019 with more than €9 billion ($10.6 billion), according to an independent survey series published by the Competence Centre for Logistics and Real Estate.
Transactions | Sep 30, 2020 Mitsubishi Estate, Europa and Menta to bring forward major €275m regeneration scheme by Released Mitsubishi Estate, advised by Europa Capital, a pan-European real estate investment manager, has agreed to a funding package with Menta to bring forward a ÂŁ250 million (€275 million/$323 million) regeneration project adjacent to East Croydon station in London.Â
Research | Sep 30, 2020 Europe to see an additional 125msf of warehouse demand due to manufacturing sector by Released Europe will see an additional 11.6 million square meters (125 million square feet) of warehouse demand due to the manufacturing sector by the end of 2022.
Transactions | Sep 30, 2020 Hines to build first multifamily development in Connecticut by Released Hines has plans to build The Whit Wooster Square, a new apartment community in New Haven, Conn.
Investors | Sep 30, 2020 Missouri LAGERS backs Machine Real Estate Fund I by Kali Persall The $8.1 billion Missouri Local Government Employees Retirement System (LAGERS) has committed $75 million to a fund managed by Machine Investment Group Real Estate.
Transactions | Sep 29, 2020 Greystar JV to develop $100m student housing project in Oregon by Released Greystar, with its partner Star America Infrastructure Partners, has plans to develop a $100 million, 357-unit student housing project named Union on Broadway, located at 476 E. Broadway in Eugene, Ore.
Research | Sep 29, 2020 Global capital into the U.S. multifamily sector drops 49% by Andrea Zander Global capital invested in the U.S. multifamily sector dropped 49.2 percent to $3.1 billion in first half 2020, as the COVID-19 crisis weighed on investment activity.
Transactions | Sep 29, 2020 Crow Holdings sells industrial project in San Francisco Bay Area by Released Crow Holdings Industrial (CHI), the industrial development company of Crow Holdings, has completed the sale of Bay Area Commerce Center I – Hawthorne.
Investors | Sep 29, 2020 Texas County & District backs Starwood Capital’s latest opportunistic fund by Kali Persall The Texas County & District Retirement System (TCDRS) has disclosed a $175 million commitment to an opportunistic fund managed by Starwood Capital Group.
People | Sep 29, 2020 New Hampshire executive director announces retirement by Kali Persall George Lagos, executive director of the New Hampshire Retirement System (NHRS) will retire, effective March 1, 2021, after leading the organization for nine years.
Transactions | Sep 29, 2020 Singapore’s CMT and CCT merge together by Released Unitholders of CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) have voted resoundingly in favor of the proposed merger of CMT and CCT.
Fundraising | Sep 29, 2020 Rialto Real Estate Fund IV – Debt surpasses $1b by Kali Persall Rialto Capital Management has locked in $1.046 billion for its Rialto Real Estate Fund IV – Debt.
Research | Sep 29, 2020 Office and lab space in U.K.’s Oxbridge remain resilient against COVID-19 by Released
Transactions | Sep 29, 2020 REIT acquires Safe Harbor Marinas for $2.1b by Released Sun Communities has entered into a definitive merger agreement to acquire Safe Harbor Marinas.
Transactions | Sep 29, 2020 PATRIZIA acquires residential turnkey development in Spain for €74m by Released PATRIZIA AG has acquired a €74 million ($87 million) residential turnkey project in Barcelona, located in the desirable Sant Joan DespĂ suburb on a 26,000-square-meter (280,000-square-foot) constructed area.Â
Transactions | Sep 29, 2020 Tristan fund acquires two office assets in Barcelona by Released Curzon Capital Partners 5, a core-plus fund advised by pan-European investment manager Tristan Capital Partners, has acquired two office assets in Barcelona from Inmobiliaria Colonial in an off-market deal.
Fundraising | Sep 29, 2020 GLP collects €1.1b for pan-European logistics fund by Kali Persall GLP has completed a first close for its fourth Europe-focused investment vehicle.
Fundraising | Sep 29, 2020 StepStone Real Estate closes fourth fund at $1.4b by Kali Persall StepStone Real Estate has completed a final closing, exceeding its $1 billion target.
Transactions | Sep 29, 2020 Self-storage offers alternative for ailing retail properties by Loretta Clodfelter The COVID-19 pandemic, and associated shutdowns, has taken a toll on the real estate industry, with retail real estate among the most affected.
