Research | Jun 8, 2020 UBS-AM REPM research: Impact of COVID-19 on European Office Markets, Edition 3 by Andrea Zander The final quarter of 2019 saw European office transactions reach a record high, surpassing the previous record by a staggering 30 percent. Six months on, clearly the market is in a very different place.
Transactions | Jun 8, 2020 Segro acquires urban warehouse park in London for $257m by Andrea Zander Segro has acquired Perivale Park, a 34-acre urban warehouse estate in Perivale, West London, from Federated Hermes for £202.5 million (€227.3 million/$257 million).
Research | Jun 8, 2020 Poland: Outlets and convenience centers coming back to life by Released After the Polish government announced a major reopening of the retail economy last month, outlets are seeing more than 80 percent of footfall on average, with convenience centers attracting between 90 percent to 100 percent of customers as compared to the previous year.
People | Jun 8, 2020 Hines strengthens U.K. development team with strategic senior appointment by Released Hines has appointed Damien Hilborne as development director.
Research | Jun 8, 2020 Respondents in Asia expect activity to return to normal levels within six months by Andrea Zander There was a gradual recovery in investment enquiries across the region in May, especially in Greater China and Singapore, reported CBRE in its Asia Pacific Cap Rate Flash Survey May 2020.
The push for big data by Denise DeChaine The question of big data is a topic on the forefront of investors’ minds and the real estate investment industry 25 years ago has become a data driven business.
Four trends driving real estate in Asia by Brian Chinappi The COVID-19 outbreak has brought about significant change and disruption to the world’s economies, and there is no doubt many sectors and markets will feel substantial pain as a result of the pandemic, at least over the short term.
Research | Jun 8, 2020 Despite early resilience, uncertainty surrounds U.S. office markets by Andrea Zander The U.S. office market’s outlook is not as dire as the current economic downturn might portend, reported CBRE.
Warehouse sector poised to be a winner amid COVID-19 outbreak by Loretta Clodfelter Physical distancing and store closures have created a boom in demand for e-commerce fulfillment, benefiting the industrial sector.
Research | Jun 8, 2020 Strong Q1 investments boost net-lease investment by foreign buyers by Andrea Zander Net-lease investment volume increased by 34.6 percent to $78.9 billion for the year ending March 31, 2020.
SPONSORED: How good is your data? by Jennifer Babcock How good is your data – how accessible, accurate, timely, accurate – is the question IREI’s president and CEO Geoffrey Dohrmann explores with Jim Valente, global head of data services for RealFoundations, in a sponsored interview.
Research | Jun 5, 2020 Job losses from COVID-19 bottom out in May by Loretta Clodfelter Total nonfarm payroll employment in the United States increased by 2.5 million in May, according to the Bureau of Labor Statistics, and the unemployment rate fell to 13.3 percent.
Investors | Jun 5, 2020 Meketa selected as consultant for OPERF’s real estate portfolio by Kali Persall The Oregon Investment Council (OIC) has unanimously approved a recommendation to pursue a nondiscretionary, full retainer consulting contract with Meketa Investment Group, beginning July 1.
Transactions | Jun 5, 2020 Grosvenor Americas acquires two Georgetown office buildings, advancing plans for North American growth by Released Grosvenor Americas has acquired two office buildings in Washington, D.C.’s Georgetown submarket — a 112,000-square-foot, four-story property at 2001 Wisconsin Ave. and a 129,000-square-foot, five-story building at 3300 Whitehaven St.
Research | Jun 5, 2020 Tokyo data centers set for significant growth by Andrea Zander Despite current economic uncertainties, Japan’s data center market looks set for significant growth over the next few years, given the tangible changes that were already under way before the COVID-19 outbreak
Investors | Jun 5, 2020 Ohio SERS to bump up real assets allocation in July by Kali Persall The Ohio School Employees Retirement System (SERS) is planning to transition to a new asset allocation, increasing its real assets target from 15 percent to 17 percent.
Fundraising | Jun 5, 2020 MCR Development seeks $450m for latest hospitality fund by Kali Persall New York City–based MCR Development has launched a new $450 million hospitality fund.
Research | Jun 5, 2020 Corporations look to real estate assets to unlock capital and build business resilience by Released Demand by corporations in Europe to release capital from their real estate assets is increasing, according to JLL’s report Raising Capital from Corporate Real Estate.
Fundraising | Jun 5, 2020 Mirae Asset Global Investments seeks first REIT’s IPO by Andrea Zander South Korea-based investment firm Mirae Asset Global Investments has plans for an initial public offering for its REIT followed by a listing on the nation’s main stock exchange Kospi.
Fundraising | Jun 5, 2020 Developer China Vanke plans $1b share sale to repay overseas debt by Andrea Zander China Vanke Co. has plans to sell HK$7.89 billion ($1.02 billion) worth of H-shares to raise capital to repay overseas debt financing and for development of domestic residential properties.