Transactions | Jan 8, 2020 Fairstead finances 905-unit NYC portfolio by Released Fairstead has announced the financing of a 905-unit portfolio of subsidized housing across nine properties (49 buildings) in New York City.
Research | Jan 8, 2020 South Korea investment into Europe over 120% higher in 2019 by Released South Korean investment into Europe grew by 122 percent year-on-year in 2019 to €12.5 billion ($13.9 billion) from €5.6 billion ($6.2 billion in 2018), according to the most recent data from Savills.
Research | Jan 8, 2020 People are happy overall in their co-working space by Andrea Zander People are happy overall in their co-working space, showing that businesses don’t need a traditional office space to have satisfied employees, according to a new survey from Clutch.
Investors | Jan 8, 2020 JBG SMITH teams up with CBRE co-space platform Hana by Released JBG SMITH has teamed up with Hana, a subsidiary of CBRE Group.
Transactions | Jan 8, 2020 Jamestown acquires large mixed-use building in the Netherlands by Andrea Zander Jamestown has acquired Rotterdam’s historic Groot Handelsgebouw, its first large-format acquisition in Europe.
Fundraising | Jan 8, 2020 Oaktree Capital Management opportunities fund hits $1b by Kali Persall A year after hitting the market, Los Angeles–based Oaktree Capital Management has raised $1.054 billion for its fund.
Transactions | Jan 8, 2020 Union Investment to buy Polish hotel developments as seed portfolio for new fund by Kali Persall Union Investment has agreed to pay €86 million ($96 million) for two planned hotel properties in Poland as the seed portfolio for the new special fund UII EuropeanM.
Transactions | Jan 8, 2020 M7 Real Estate fully invests fifth value-add fund by Kali Persall M7 Real Estate has fully invested its fifth value-add European investment fund.
Transactions | Jan 8, 2020 DivcoWest and CalSTRS buy 49% stake in San Francisco office building by Kali Persall DivcoWest and the California State Teachers’ Retirement System (CalSTRS) have paid $186.2 million for a 49 percent stake in a San Francisco office building, sources familiar with the matter have revealed.
Transactions | Jan 8, 2020 GIC increases stake in Dexus Australian Logistics Trust by Andrea Zander GIC has acquired an additional 24 percent interest in Dexus Australian Logistics Trust core portfolio, increasing GIC total investment to 49 percent.
Investors | Jan 8, 2020 Shapoorji Pallonji realty arm to set up warehousing investment platform by Andrea Zander Shapoorji Pallonji Real Estate has plans to set up a $600 million Indian warehouse investment platform in partnership with sovereign wealth fund Abu Dhabi Investment Authority.
Investors | Jan 8, 2020 San Francisco ERS to back industrial fund with $75m commitment by Kali Persall San Francisco Employees’ Retirement System (ERS) has disclosed a $75 million commitment to a fund managed by Cabot Properties.
Research | Jan 8, 2020 2020 investment levels to remain around 2019 levels in continental Europe by Marek Handzel CBRE has predicted that 2020 real estate investment will remain at around 2019 levels in continental Europe, with a possible rebound in the United Kingdom, in its Real Estate Market Outlook 2020 for EMEA.
Investors | Jan 7, 2020 HERE forms strategic partnership with Mitsubishi Corp. by Released HERE Technologies has entered into a strategic partnership with Japan-based Mitsubishi Corp. (MC), which will see HERE play a role in various strategic initiatives in Japan and other markets in Asia Pacific.
Research | Jan 7, 2020 Demographic shifts will impact the global workplace by 2030 by Andrea Zander The retirement of baby boomers and the debut of generation Z workers, along with other demographic shifts, has major implications for real estate occupiers, investors and policy-makers around the world, according to a new global research report from Cushman & Wakefield.
Research | Jan 7, 2020 German open-end real estate funds report record inflows in 2019 by Released German open-end retail real estate funds have reported record inflows this year, helped by the further widening in the spread between government bond yields and returns from the property market, according to data from Scope Analysis.
Investors | Jan 7, 2020 Corestate and Bain Capital Credit agree to a strategic partnership for micro-living assets in Poland by Andrea Zander Corestate Capital Holding S.A. has agreed a new partnership with Bain Capital Credit.
People | Jan 7, 2020 Julie Donegan joins CalSTRS by Andrea Zander Julie Donegan has joined the California State Teachers' Retirement System as a portfolio manager.
Fundraising | Jan 7, 2020 Grubb Properties raises $300m, plans new fund launch by Kali Persall North Carolina–based Grubb Properties raised more than $300 million for two real estate funds in 2019.
Research | Jan 7, 2020 Savills: Investment into London hotels set for record 2020 by Released The volume of investment into London hotels could reach record levels in the first quarter of 2020, with approximately £1.5 billion (€1.8 billion/$2.0 billion) expected to transact in the capital, reported Savills.
