People | Jan 14, 2020 PATRIZIA hires new head of asset management South-West Europe by Released PATRIZIA AG has appointed Alberto González de las Heras as its new head of asset management, Southwest Europe.
Transactions | Jan 14, 2020 Partners Group acquires portfolio of 30 European office and logistics properties by Released Partners Group has acquired a majority equity stake in a portfolio of 30 commercial properties in Germany, France and the Netherlands. The properties are part of a portfolio previously owned by Imfarr Beteiligungs GmbH and SN Beteiligungen Holding AG, and were acquired for a total transaction value of over €550 million ($612 million). The acquisition is a joint venture with Peakside Capital Advisors AG.
Investors | Jan 14, 2020 Lancaster County brings on Marquette Associates for another term by Kali Persall The $315 million Lancaster County (Pa.) Employees' Retirement System has renewed its contract with investment consultant Marquette Associates, following a request for proposals (RFP) issued in June 2019.
Transactions | Jan 14, 2020 Hap Seng, TTDI KL Metropolis Sdn., forms JV with Hyatt Regency by Released An affiliate of Hyatt Hotels Corp. has entered a management agreement with KL Midtown Sdn. Bhd., a joint venture company by Hap Seng Consolidated Berhad and TTDI KL Metropolis Sdn. Bhd., to develop a new 450-room Hyatt Regency branded hotel in Kuala Lumpur.
Transactions | Jan 14, 2020 Piper Sandler finances $377m Hyatt Regency Salt Lake City by Released Piper Sandler Cos. served as sole capital arranger for the $377 million Hyatt Regency Salt Lake City.
Research | Jan 14, 2020 U.S. REITs end 2019 with double-digit returns by Andrea Zander In 2019, the U.S. REIT market delivered double-digit returns across nearly all sectors, raised a record amount of market capital, and continued to provide strong dividend yields to income investors, according to Nareit.
Investors | Jan 14, 2020 Q&A: ElmTree CEO shares insights on growing investor appetite for net-lease acquisitions, following $900m net-lease portfolio sale by Andrea Zander James Koman, CEO and Founder of ElmTree Funds, recently shared his insights on the net-lease sector and the recent portfolio sale.
Transactions | Jan 13, 2020 HighBrook Investors buys two additional office properties in Berlin by Released HighBrook Investors has acquired two office properties in Berlin Mitte.
Transactions | Jan 13, 2020 Eldorado Resort and Casino sells for $230m by Released Eldorado Resorts has entered into a definitive agreement to sell the Eldorado Resort and Casino in Shreveport, La., to Maverick Gaming for $230 million.
Research | Jan 13, 2020 Asian property markets remain firm by Andrea Zander Overall activity in Asian property markets remains firm, and recent developments brighten prospects for the coming year and should raise confidence among investors, developers and occupiers, according to a new report by Colliers International.
Fundraising | Jan 13, 2020 Investcorp raises $130m for real estate initiative in India by Kali Persall BAe Systems Pension Funds Investment Management, a U.K.–based investment management firm, has committed $130 million to Investcorp in an effort to provide last-mile funding in India.
Fundraising | Jan 13, 2020 Hines halfway to $1.25b fund target within first four months by Kali Persall Hines, an international real estate firm, has completed a first close for its fund.
Transactions | Jan 13, 2020 Australia’s QSuper invests $1b in U.S. real estate by Andrea Zander The A$95 billion ($66 billion) Australian superannuation fund QSuper has acquired two properties in the United States, reported Australian Financial Review.
Investors | Jan 13, 2020 Wyoming investment board commits $150m to Realterm Logistics Fund by Kali Persall The Wyoming State Loan and Investment Board (SLIB) has made a $150 million commitment to an open-end industrial fund managed by Realterm Asset Management.
Transactions | Jan 13, 2020 Hilton San Jose sells for $117.5m by Released Han’s Holdings Group has sold the 353-room Hilton San Jose in downtown San Jose for $117.55 million.
Research | Jan 13, 2020 MSCI 2020 ESG Trends: Climate change and real estate investment by Andrea Zander MSCI expects real estate investors to face challenges both from physical risks, in the form of weather events, and regulatory risks, in the form of stricter regulations on properties’ ESG credentials in the coming years.
Investors | Jan 13, 2020 ERS Texas pours $225m into private real estate in December by Kali Persall The Employees Retirement System (ERS) of Texas invested $225 million in private real estate during the month of December.
Transactions | Jan 13, 2020 Grosvenor Americas commits $17.5m to development in Mountain View, Calif. by Released Grosvenor Americas has committed a loan of $17.5 million for Dividend Homes’ Maravilla, a development of 55 townhomes in Mountain View, Calif.
Transactions | Jan 13, 2020 Mitsubishi Estate and Europa Capital acquire Barcelona development site by Released Mitsubishi Estate London, advised by Europa Capital, a pan-European real estate investment manager, has acquired a 0.8-acre development site on Carrer de Cristóbal de Moura in central Barcelona.
Transactions | Jan 13, 2020 Tristan Capital Partners fund buys Rotterdam office building by Released CCP 5 LL, a core-plus open-end fund advised by Tristan Capital Partners, together with its local operating partner Nexus Real Estate, has acquired an iconic office building in the CBD of Rotterdam, Netherlands.
