Transactions | Feb 4, 2020 Patrizia buys proptech platform BrickVest by Released Germany-based Patrizia has bought London-based online real estate investment platform BrickVest.
Research | Feb 4, 2020 UBS unveils real estate outlook by Kali Persall In a newly published real estate outlook, UBS Asset Management outlined several key themes among property sectors that inform the company’s portfolio and property decisions.
Transactions | Feb 4, 2020 Suburban Boston industrial property sells for $355m by Andrea Zander Clarion Partners has paid $355 million for the 830,000-square-foot industrial building at 135 American Legion Highway in the Boston suburb of Revere, Mass.
Transactions | Feb 4, 2020 Hanover Property acquires 966 acres in Texas for $950m master-planned development by Andrea Zander Hanover Property Co. has acquired 966 acres of land for a $950 million master-planned development in Midlothian, Texas.
Transactions | Feb 4, 2020 Korean real estate asset manager buys Pyeongtaek Logistics Center by Andrea Zander Korean real estate asset manager Pebblestone Asset Management will acquire BLK Pyeongtaek Logistics Center in South Korea from a KKR-led consortium.
Investors | Feb 4, 2020 NYSTRS appoints real estate consultant by Kali Persall The New York State Teachers Retirement System (NYSTRS) has selected Callan Associates to serve as the system’s real estate consultant.
Investors | Feb 4, 2020 Indiabulls Real Estate approves proposal of merger by Andrea Zander Indiabulls Real Estate (IBREL) has approved proposal of merging several ongoing residential and commercial projects of Embassy Property Developments with itself.
Research | Feb 4, 2020 €281b invested in European commercial real estate, sets new record by Andrea Zander An exceptional fourth quarter 2019 saw the year set a new record for investment in in commercial real estate Europe, reported BNP Paribas Real Estate.
Research | Feb 4, 2020 Robust demand keeps U.S. multifamily vacancy low by Andrea Zander The overall U.S. multifamily vacancy rate fell to 4.1 percent in the fourth quarter, down 40 basis points year-over-year and the lowest fourth quarter level since 2000, reported CBRE.
Investors | Feb 4, 2020 RMZ Corp. makes $1b JV with Mitsui Fudosan by Andrea Zander RMZ Corp., a Bengaluru, India–based privately owned real estate company, has formed a 50-50 partnership of up to $1 billion with Tokyo-based Mitsui Fudosan (Asia) Pte Ltd.
Transactions | Feb 4, 2020 King Street Real Estate, Westdale and Cedar Capital purchase hotel for $120m by Andrea Zander A joint venture between King Street Real Estate, Westdale Properties and Cedar Capital Partners has acquired the Shelborne South Beach Hotel in Miami Beach, Fla., for $120 million.
Transactions | Feb 4, 2020 Blackstone makes largest ever real estate deal in Japan for $2.8b by Andrea Zander Blackstone Group is to reacquire a portfolio of rental apartments in Japan for ¥300 billion ($2.8 billion).
People | Feb 4, 2020 Australia’s Future Fund CEO departs by Released David Neal, CEO of the Future Fund Management Agency, which manages the Australian sovereign wealth fund, will shortly be leaving the organization to take up a new career opportunity.
Transactions | Feb 4, 2020 BKM Capital acquires 11-property industrial portfolio for $425m by Andrea Zander BKM Capital Partners has acquired a portfolio containing 11 industrial properties located in Phoenix, Northern California, Southern California, and Portland, Ore.
Investors | Feb 3, 2020 ​Neuberger Berman adds Almanac Realty Investors by Released Neuberger Berman, a private, independent, employee-owned investment manager, announced the acquisition of Almanac Realty Investors.Â
People | Feb 3, 2020 Brookfield CEO named new WeWork CEOÂ by Released Sandeep Mathrani will join WeWork as CEO.Â
Transactions | Feb 3, 2020 Segro buys site for €470m scheme by Released SEGRO has completed the purchase of a 450-acre site adjacent to Coventry Airport as part of its strategy to build scale in its high-quality U.K. logistics portfolio.
People | Feb 3, 2020 Colliers International appoints new managing director for South Korea by Andrea Zander Colliers International Korea has appointed Robert Wilkinson as a managing director.Â
Fundraising | Feb 3, 2020 Heitman launches new core-plus real estate fund by Kali Persall Heitman has launched a new open-end real estate fund.
People | Feb 3, 2020 Charter Hall appoints fund manager for its direct business by Released Charter Hall has appointed Miriam Patterson, former head of real assets at Telstra Super, to fund manager, Charter Hall Direct.

