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.
Transactions | Jun 9, 2020 Carlyle Group acquires mobile home parks for $230m by Andrea Zander The Carlyle Group has acquired four mobile home parks in Mesa, Ariz., for $230 million, according to media outlets.
Transactions | Jun 8, 2020 Wealhouse Capital Management JV receives financing for multi-housing properties by Released A partnership between Wealhouse Capital Management and Western Wealth Capital received $185.63 million for the acquisition of a 1,439-unit portfolio of five multi-housing properties in and around Phoenix.
People | Jun 8, 2020 Interim executive director selected for Illinois Police Officers’ Pension Investment Fund by Kali Persall The Illinois Police Officers’ Pension Investment Fund (IPPIF) has appointed Richard White as interim executive director.
People | Jun 8, 2020 BlackRock appoints former UBS executive as managing director by Kali Persall Michael Lawton, former managing director at UBS, has been appointed managing director at BlackRock. He will be part of the firm’s New York–based private capital markets unit.
Fundraising | Jun 8, 2020 Hudson Oak targets Atlantic East Coast rental market with new opportunity fund by Kali Persall Hudson Oak Development, a firm that specializes in multifamily and for-rent single-family developments, has launched an opportunity fund.
Investors | Jun 8, 2020 Texas TRS invests in Invesco Real Estate Asia Sidecar IV fund by Kali Persall Teacher Retirement System (TRS) of Texas has invested $50 million in the value-add Invesco Real Estate Asia Sidecar IV One on behalf of its real assets portfolio.
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.
