Transactions | Apr 29, 2020 Hines acquires asset in Milan by Released Hines has completed an investment in the Ex Trotto area, acquiring the Ex Training Center complex located in the San Siro district of Milan, Italy.
People | Apr 29, 2020 PGIM Real Estate hires Sara Shank as global head of innovation by Released PGIM Real Estate has hired Sara Shank as managing director and global head of innovation, based in its Manhattan office.
Transactions | Apr 29, 2020 Catella and Elithis launch first ‘energy-positive’ residential towers in France by Released The French cities of Dijon and Saint-Etienne have become the first metropolises to approve the development of highly sustainable “energy-positive” residential towers.
Research | Apr 29, 2020 Medical office and life sciences assets to remain relatively stable sources of cashflow by Released U.S. healthcare REITs with substantial senior housing investments face the greatest risks from the coronavirus outbreak, according to Moody’s Investors Service.
Fundraising | Apr 28, 2020 Lendlease aims to raise $750m by Andrea Zander Lendlease has launched a A$1.15 billion ($750 million) capital raising in order to bolster its balance sheet.
Investors | Apr 28, 2020 New normal to favor real estate debt and asset repositioning strategies by Released The Asia Pacific Real Estate Association (APREA), on April 23, initiated a roundtable with prominent leaders in the real estate industry to discuss the post-pandemic investment landscape.
Transactions | Apr 28, 2020 AEW acquires office complex in Paris CBD by Released AEW has acquired an office complex in the Paris CBD.
Investors | Apr 28, 2020 Australia’s QSuper posts positive investment return despite market volatility by Kali Persall QSuper, one of Australia’s largest superannuation funds with more than A$110 billion ($70 billion) under management, said its balanced investment option clocked positive investment performance in the March quarter.
Fundraising | Apr 28, 2020 Griffis Residential closes fifth apartment fund by Kali Persall Griffis Residential has completed fundraising for its fifth apartment fund.
Investors | Apr 28, 2020 Landlords and developers forming return-to-workplace strategies by Andrea Zander Developers and landlords are preparing for offices to once again be filled, but are creating incentives and guidelines for their spaces to have a safe environment.
Research | Apr 28, 2020 Hong Kong hotel to sell for $120m, industries to chase after tourists for recovery by Andrea Zander Hanison Construction Holdings is said to be in due diligence on a Travelodge hotel in Hong Kong’s most expensive district.
Transactions | Apr 28, 2020 Legal & General invests €172m in Sheffield city center regeneration by Released Legal & General has plans to invest £150 million (€172 million/$187 million) in the West Bar Square development in Sheffield, England.
Research | Apr 28, 2020 How the coronavirus is affecting global economic sentiment by Jennifer Molloy Two-thirds of global executives expect a moderate or significant contraction in the world’s economy over the next six months, with a record number believing company profits will decline, according to McKinsey & Co.’s The coronavirus effect on global economic sentiment, a McKinsey global survey.
People | Apr 28, 2020 Bain Capital Ventures team to expand proptech platform by Released Clelia Warburg Peters has joined Bain Capital Ventures as a venture partner.
Fundraising | Apr 27, 2020 Blackstone raises $3b in first quarter by Kali Persall Blackstone has raised an aggregate of $3 billion for one of its real estate funds in the first quarter of the year.
People | Apr 27, 2020 London Pensions Fund Authority appoints CEO by Kali Persall Robert Branagh has been promoted from managing director to CEO at the London Pensions Fund Authority (LPFA).
Research | Apr 27, 2020 Edinburgh, Glasgow and Manchester well positioned for hotel market recovery once travel activity resumes by Released Edinburgh, Glasgow and Manchester are among the key European cities well positioned for hotel performance recovery, based on the latest analysis of major European hotel markets by CBRE.
People | Apr 27, 2020 BNP Paribas Asset Management appoints new head of real estate debt by Released BNP Paribas Asset Management has appointed Christophe Montcerisier as head of real estate debt within its private debt & real assets investment division.
Research | Apr 27, 2020 NAV REITs outperform their traded counterparts by Released The MSCI US REIT Index Gross Total Return (RMS G), a measure of performance of listed REITs, fell 27 percent during the first quarter of 2020.
Investors | Apr 27, 2020 Cash is king: SL Green plans to double cash to $1b by Andrea Zander SL Green Realty Corp has plans to increase its liquidity to $1 billion. Having the cash provides enormous amount of protection for many years to come, said Matthew DiLiberto, CFO, during the firm’s first quarter 2020 earnings call.
