Transactions | Jun 10, 2020 BentallGreenOak JV acquires Nashville hotel by Released As part of a new three-way venture, BentallGreenOak (BGO), Flank Management LP, and Geolo Capital have acquired Hutton Hotel in Nashville, Tenn., in an all-cash purchase for an undisclosed price.
Fundraising | Jun 10, 2020 Mirabaud Asset Management and CBRE Capital Advisors partner on Paris development fund by Released The strategy dedicated to the Grand Paris area launched in 2019 by Mirabaud Asset Management has already successfully secured initial commitments of €60 million ($68 million), mainly from institutional investors.
Transactions | Jun 10, 2020 Catella Residential IM seals deals for €51m in German assets under pension mandate by Released Berlin-based Catella Residential Investment Management (CRIM) has acquired student housing and general residential developments in Bielefeld and Bad Homburg in Germany.
Transactions | Jun 10, 2020 InfraRed adds space to ‘Vantage’ urban logistics platform by Released InfraRed Capital Partners, on behalf of its InfraRed Active Real Estate Fund IV, has acquired a further 450,000 square feet of space across four transactions and seven assets in the North West of England.
Transactions | Jun 10, 2020 Global Student Accommodation completes latest acquisition in Madrid by Released Global Student Accommodation Group (GSA) has acquired Emilia Pardo Bazan, a 302-bed purpose built student accommodation property in Madrid.
Transactions | Jun 10, 2020 Aviva Investors to develop logistics warehouse in Netherlands by Released Aviva Investors has started the speculative development of a logistics warehouse in the north of Rotterdam, the Netherlands, on behalf of one of its clients, which it expects to be completed in the second quarter of 2021.
SPONSORED: Moving beyond the amenities arms race in multifamily by Jennifer Babcock Hines has been predominantly thought of as an office developer, but actually the firm has more multifamily projects in design and under construction than office right now
People | Jun 9, 2020 CBRE GI hires new Americas head of real assets research by Released Heidi Learner has joined CBRE Global Investors as the Americas head of real assets research.
Investors | Jun 9, 2020 Former NYC deputy mayor launches development platform by Released Former New York City Deputy Mayor Alicia Glen has announced the launch of MSquared.
Transactions | Jun 9, 2020 Hines, MetLife begin mixed-use complex in Concord, Calif. by Released Hines along with investment partner MetLife Investment Management has started construction of The Grant, a mixed-use complex of 228 luxury apartments in Concord, Calif.
Investors | Jun 9, 2020 Foundry Commercial and Foster Senior Living form Seniors Housing JV by Released Orlando-based real estate services and investment firm Foundry Commercial has announced the formation of a joint venture partnership with Missouri-based Foster Senior Living.
Transactions | Jun 9, 2020 Gaw Capital makes first property acquisition in Hangzhou by Andrea Zander Hong Kong–based Gaw Capital Partners has acquired a 46-floor class A office building in Hangzhou, China.
Transactions | Jun 9, 2020 Granite Real Estate Investment Trust buys $246m for new assets by Released Granite Real Estate Investment Trust has agreed to acquire eight income-producing properties in the United States comprising approximately 4 million square feet at a combined purchase price of approximately $246.1 million.
Transactions | Jun 9, 2020 Tristan fund sells Rotterdam parking garage to German fund by Released Curzon Capital Partners 5 Long-Life Fund, Tristan Capital Partners’ perpetual core-plus fund, and local operating partner Nexus Real Estate have completed the sale of a site comprising 480 parking spaces in the city center of Rotterdam, Netherlands.
People | Jun 9, 2020 Harrison Street continues European expansion with two senior hires by Released Harrison Street has added two seasoned professionals to its European asset management and transaction teams.
Research | Jun 9, 2020 ULI report forecasts COVID-19 will accelerate restructuring of European retail property sector by Released A new update from the Urban Land Institute (ULI) to its Reshaping Retail report, which was published earlier this year prior to the coronavirus pandemic taking hold across Europe, has now forecast the COVID-19 outbreak will accelerate the restructuring of the retail property sector, particularly in the United Kingdom.
Investors | Jun 9, 2020 Los Angeles Employees backs Waterton Residential’s latest real estate fund by Kali Persall The Los Angeles City Employees Retirement System (LACERS) has unanimously approved a $50 million commitment to a private real estate fund.
Transactions | Jun 9, 2020 Implementing ESG measures at senior and student housing assets by Loretta Clodfelter Alternative asset classes, such as student accommodation and senior living, have particular challenges related to implementing environmental, social and governance (ESG) measures, but they also have particular opportunities, especially in the current environment.
Investors | Jun 9, 2020 Chicago-based firms form hospitality JV by Released Frontline Real Estate Partners, Four Corners Advisors and Aries Capital have formed a joint venture.
Research | Jun 9, 2020 Industrial occupier demand remains robust in Dallas–Fort Worth by Andrea Zander Industrial occupier demand in the Dallas–Fort Worth area remains robust as COVID-19 drives e-commerce activity, placing increased demand on large-scale distribution facilities, reported Savills Research in its first quarter report.
