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.
Fundraising | Jun 5, 2020 Dermody Properties markets $800m industrial fund by Kali Persall Dermody Properties has begun marketing a new industrial fund.
Transactions | Jun 5, 2020 Barings extends European logistics portfolio with €92m Swedish acquisition by Released Barings has acquired four logistics assets in Norrköping, Sweden, one of the Nordics’ most important logistics hubs, on behalf of institutional investors, for €92 million ($104 million) through a sale-leaseback agreement.
Research | Jun 5, 2020 U.K. shared office spaces tentatively reopen by Released Serviced office managers across the United Kingdom have been working flat out to reopen their offices during June, installing facilities to protect clients and help them get back to business.
People | Jun 5, 2020 Commerz Real CEO to take role at The Student Hotel by Andrea Zander Andreas Muschter, CEO of Commerz Real, has plans to leave the firm to become CFO to The Student Hotel.
Transactions | Jun 5, 2020 Tristan, Kefren form JV for €200m Spanish logistics platform by Andrea Zander Tristan Capital Partners has formed a joint venture with Spanish real estate specialist Kefren Capital Real Estate to build a logistics platform in Spain.
Fundraising | Jun 5, 2020 Longpoint Realty Fund II hits $258m by Kali Persall Longpoint Realty Fund II, a value-added fund managed by Longpoint Realty Partners, has raised another $58 million since last month, bringing the total equity collected to $258 million.
People | Jun 5, 2020 FSI appoints executive Harry Moore as global head of distribution by Kali Persall First State Investments (FSI) has appointed veteran investment executive Harry Moore to the newly created role of global head of distribution.
Investors | Jun 4, 2020 Los Angeles Water and Power invests in AG Europe Realty Fund III by Kali Persall The $14 billion Los Angeles Water and Power Employees' Retirement Plan has committed a total of $75 million in the AG Europe Realty Fund III.
Investors | Jun 4, 2020 Philadelphia Board of Pensions redeems $200m from UBS Trumbull by Kali Persall Philadelphia Board of Pensions and Retirement has redeemed $200 million from a core, open-end real estate manager.
Fundraising | Jun 4, 2020 Primonial Group markets social infrastructure fund by Kali Persall Primonial Group has begun marketing ESI, a Pan-European real estate fund dedicated to social infrastructure and healthcare real estate.
Transactions | Jun 4, 2020 CBRE Global Investors acquires cold-storage facility in Maryland by Released A fund sponsored by CBRE Global Investors has acquired the Principio Commerce Center II.
Transactions | Jun 4, 2020 JV buys Polish office, largest office deal by Released A joint venture formed by Apollo-Rida Poland has completed the acquisition of the buildings A, B and C of the Equal Business Park complex in Kraków developed by Cavatina Holding.
