Investors | Oct 9, 2020 BT Pension Scheme sets net-zero carbon investment plan for 2035 by Kali Persall The £55 billion ($71 billion) BT Pension Scheme (BTPS) has unveiled plans to achieve net-zero carbon emissions for its investment portfolio by 2035 under its responsible investment policy.
Transactions | Oct 9, 2020 Suntec REIT acquires 50% stake in Nova Estate by Andrea Zander Suntec REIT has acquired a 50 percent interest in two class A office buildings.
Transactions | Oct 9, 2020 Centurion American breaks ground on $300m mixed-use development by Andrea Zander Centurion American Development Group has broken ground on City Point.
Investors | Oct 9, 2020 Tennessee Consolidated records 4.9% investment return for FY2020 by Kali Persall The $53.4 billion Tennessee Consolidated Retirement System (TCRS) has clocked a 4.9 percent investment return for the 2020 fiscal year.
Research | Oct 9, 2020 Industrial assets account for 70% of total Q3 Polish investment volume by Andrea Zander Polish commercial property market investment volume is estimated to have reached €1.05 billion ($1.24 billion) in third quarter 2020.
Transactions | Oct 9, 2020 Bruntwood SciTech to develop €230m Birmingham Health Innovation Campus by Released The development of Birmingham Health Innovation Campus (formerly known as Birmingham Life Sciences Park) has taken a major step forward with the announcement of a new long-term partnership.
Transactions | Oct 9, 2020 Union Investment acquires Germany-wide logistics portfolio from GARBE by Released Union Investment has acquired the Rocket portfolio from GARBE Industrial Real Estate.
Research | Oct 9, 2020 Spain’s second coronavirus wave triggers second real estate deal slump by Released The COVID-19 pandemic has struck Spain particularly hard. Cases and total deaths from the first wave of the outbreak were among the highest in the world and a secondary surge is under way.
Transactions | Oct 9, 2020 Invesco Real Estate sells prime mixed-use asset in Paris by Released Invesco Real Estate has sold a mixed-use prime asset in central Paris.
Transactions | Oct 9, 2020 Columbia Property Trust, Allianz Real Estate JV buys S.F. office by Released Columbia Property Trust and Allianz Real Estate have completed the formation of a joint venture to recapitalize 221 Main St. in San Francisco.
Transactions | Oct 9, 2020 Blackstone to sell $1.2b of Spanish properties by Andrea Zander Blackstone Group has plans to sell 8,400 properties in Spain.
Transactions | Oct 9, 2020 New airport in Berlin expected to prompt real estate growth by Released The new Berlin-Brandenburg International (BER) airport is expected to bring tangible growth in 34 commercial locations in the vicinity, ushering in brisk growth in real estate prices and commercial rents to the southeast corner of Berlin, according to Ruecker Consult.
People | Oct 9, 2020 AllianzGI taps AXA’s Matt Christensen as global head of sustainable and impact investing by Kali Persall Allianz Global Investors has appointed Matt Christensen as global head of sustainable and impact investing.
Investors | Oct 8, 2020 Avanath, MacFarlane form affordable housing REIT by Andrea Zander Real estate investment firms Avanath Capital Management and MacFarlane Partners have plans to form a REIT.
People | Oct 8, 2020 Orchard Street promotes Fergus Egan to partner by Released Orchard Street Investment Management has promoted Fergus Egan to partner.
Research | Oct 8, 2020 Manhattan investment sales drop to 10-year low by Andrea Zander Manhattan investment sales totaled 21 transactions, the lowest number of sales since the third quarter of 2009.
Transactions | Oct 8, 2020 Korean investor with JV acquires DHL logistics portfolio for €51m by Andrea Zander Cromwell Property Group, in partnership with Korean real estate investment manager, IGIS Asset Management, has announced the settlement of seven DHL logistics assets in Italy for €51 million ($60 million).
Transactions | Oct 8, 2020 Nuveen acquires last-mile logistics asset in South Korea by Kali Persall Nuveen Real Estate has paid $122 million for a 84,300-square-meter (907,000-square-foot) last-mile logistics asset in the Greater Seoul area.
Research | Oct 8, 2020 90% of apartment households paid rent by Released The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 90.1 percent of apartment households made a full or partial rent payment by September 20 in its survey of 11.4 million units of professionally managed apartment units across the country.
Research | Oct 8, 2020 Four macroeconomic disruptors to become even more pronounced by Andrea Zander Four macroeconomic disrupters are likely to become even more pronounced over the secular horizon: China’s rise, populism, climate-related risks and technology.
