Transactions | Jan 10, 2020 LaSalle acquires apartments in San Diego by Released LaSalle Investment Management has acquired the Overlook at Bernardo Heights, a 330-unit multifamily community located in San Diego.
Investors | Jan 10, 2020 CA Ventures to invest $12b in student housing and residential sectors, promotes executives as part of global expansion by Released CA Ventures has plans to inves t$12 billion for the firm’s North American student housing and residential divisions, in conjunction with the promotions of four senior executives to help guide the firm’s continued growth.
Investors | Jan 10, 2020 South Korean pension fund backs AXA’s European logistics fund by Kali Persall South Korean investment company Public Officials Benefit Association (POBA) has invested 130 billion won ($112 million) in AXA Logistics Europe, a $1.6 billion fund managed by AXA Investment Managers, news reports have revealed.
Investors | Jan 10, 2020 Norinchukin announces new real estate strategies focusing on ESG by Released Norinchukin and NZAM (Norinchukin Zenkyoren Asset Management) have announced new development and investment of ESG-themed J-REIT investment products.
People | Jan 10, 2020 Ares brings on Stephane Etroy as partner, head of European private equity by Released Ares Management Corp. has hired Stephane Etroy as a partner and head of European private equity, effective Feb. 6.
Investors | Jan 10, 2020 Denver Foundation seeks investment consultant by Kali Persall The Denver Foundation, Colorado's oldest and largest community foundation, is seeking an investment consultant firm to provide strategic direction and oversight of the foundation’s $587 million Long-Term Balanced (LTB) Pool and $133 million Sustainable and Responsible Investment (SRI) Pool.
People | Jan 10, 2020 Green Street appoints new CEO by Released Green Street Advisors has announced the appointment of Jeff Stuek Jr. as CEO.
Investors | Jan 10, 2020 Investors share concerns all around the world by Jonathan Schein As you may or may not be aware, Institutional Real Estate, Inc. is a global concern, with publications, meetings and events in the Americas, Europe and Asia Pacific regions.
Research | Jan 10, 2020 How is central banking activity affecting Asian property markets? by Benjamin Cole As 2019 waned, Asian institutional property investors, like their brethren around the world, were treated to a series of glum global economic forecasts from the likes of the International Monetary Fund, the World Bank, and the Organization for Economic Cooperation and Development.
Research | Jan 9, 2020 Office jobs in 2020: Markets to watch by Andrea Zander 2020 should be another year of office-using employment growth and, consequently, another year of higher office occupancy and rents, reported CBRE.
Transactions | Jan 9, 2020 LACERA JV sells luxury mixed-use asset in L.A.’s Koreatown for $170m by Andrea Zander A mixed-use asset in Los Angeles’ Koreatown neighborhood, has sold for $170.9 million.
Investors | Jan 9, 2020 Phoenix American forms partnership with LaSalle Investment by Released Phoenix American Financial Services has formed a client partnership with LaSalle Investment Management to support its new 1031 platform of products.
Transactions | Jan 9, 2020 Prologis completes $4b acquisition of Industrial Property Trust by Released Prologis has completed the acquisition of the wholly owned real estate assets of Industrial Property Trust for approximately $4 billion in cash, including the assumption and repayment of debt.
Investors | Jan 9, 2020 Rhode Island pension fund seeks investment consultant by Kali Persall The Rhode Island–based Woonsocket Policeman’s and Fireman’s Closed Pension Fund has launched a search for an investment consultant.
Fundraising | Jan 9, 2020 Oak Street Real Estate Capital Fund V anticipates first close at end of January by Kali Persall Chicago-based Oak Street Real Estate Capital has revealed plans to hold a first close for its fifth value-added fund.
Transactions | Jan 9, 2020 Bain Capital Credit acquires 13 real estate assets in Italy by Andrea Zander Bain Capital Credit has acquired 13 real estate assets across Italy.
Transactions | Jan 9, 2020 CARROLL and PGIM Real Estate forms JV to acquire off-market South Florida acquisition by Released CARROLL and PGIM Real Estate has formed a joint venture to acquire Verona View Apartments in Fort Lauderdale, Fla.
Transactions | Jan 9, 2020 Clarion Gramercy continues Pan-European deployment with Berlin warehouse purchase by Released Clarion Gramercy has acquired a 20,000-square-meter (215,000-square-foot) logistics warehouse in Großbeeren, south of Berlin, on behalf of a commingled fund.
Transactions | Jan 9, 2020 Round Hill Capital, Blackstone sell residential property portfolio for €1.3b by Andrea Zander Funds advised by Blackstone Tactical Opportunities and Round Hill Capital have exchanged contracts to sell the shares of a residential property portfolio in the Czech Republic owned and operated by RESIDOMO to Heimstaden Bostad AB for a total purchase price of €1.3 billion ($1.44 billion).
Transactions | Jan 9, 2020 CT Realty JV set to develop 5.7msf logistics park in Columbus by Released CT Realty JV set to develop 5.7msf logistics park in Columbus, Ohio.
