Transactions | Jul 22, 2019 Benson Elliot acquires Polish office building by Kali Persall Benson Elliot Capital Management, a private equity real estate fund manager based in the United Kingdom, has extended its reach into Poland.
Transactions | Jul 22, 2019 Barings acquires six logistics assets in Italy by Kali Persall International investment management firm Barings has acquired a portfolio of six logistics assets in Veneto region in the Verona province in northeastern Italy.
Transactions | Jul 22, 2019 PSP, Charter Hall acquire Melbourne HQ for A$830m by Andrea Zander Charter Hall Group has formed a partnership to acquire 100 percent of the freehold interest in the Global headquarters of Telstra at 242 Exhibition Street at the “Paris end” of Melbourne’s CBD.
Transactions | Jul 22, 2019 Occidental purchases U.S. third-largest corporate campus by Andrea Zander Occidental Management has purchased the Sprint corporate campus in Overland Park, Kan.
Transactions | Jul 22, 2019 Madison acquires stake in €12.5b European portfolio by Released Madison International Realty has acquired a 5 percent equity stake in Signa Prime Selection AG, a €12.5 billion ($14 billion) European real estate portfolio.
Research | Jul 22, 2019 Turnover of Brisbane industrial assets exceed $1b by Andrea Zander The turnover of Brisbane industrial assets exceeded $1 billion in the year ending June 2019, up 30 percent on the previous period, reported Savills.
Transactions | Jul 22, 2019 KBS REIT III sells $1.2b office portfolio by Released KBS Real Estate Investment Trust III has sold 11 of its properties for $1.2 billion.
Transactions | Jul 22, 2019 Two L.A. apartment buildings sell for $403m by Andrea Zander Holland Partner Group has sold a pair of multifamily towers in Downtown Los Angeles’ Fashion District neighborhood for a combined $403 million, reported The Real Deal.
Transactions | Jul 19, 2019 South Korean REIT enters Hungarian office market by Andrea Zander Skanska has sold its Nordic Light Trio office building in Budapest to JR AMC, a South Korean REIT.
Investors | Jul 19, 2019 Teachers launches search for investment consultant by Kali Persall The Teachers’ Retirement System of Illinois has issued an RFP in the search for investment consultant to assist in the administration of the system’s $7.3 billion real estate portfolio.
Research | Jul 19, 2019 Greater Los Angeles office inventory continues to grow by Andrea Zander Greater Los Angeles’s office inventory continues to grow, increasing by more than 30 percent since 2011, reaching 201.8 million square feet, reported Cushman & Wakefield.
Transactions | Jul 19, 2019 Savills acquires seven-story office property in Brussels by Kali Persall Savills Investment Management, an international real estate investment manager, has acquired a seven-story office property in Brussels.
Transactions | Jul 19, 2019 Cortland Partners to buy Canadian multifamily REIT for $1.2b by Released An affiliate of Cortland Partners has plans to acquire Vancouver-based Pure Multi-Family REIT for $1.2 billion.
Research | Jul 19, 2019 Global real estate investments continue to rise by Andrea Zander The size of the professionally managed global real estate investment market rose by 4.7 percent from $8.5 trillion in 2017 to $8.9 trillion in 2018, according to a report from MSCI.
Fundraising | Jul 19, 2019 BNP Paribas closes Luxembourg logistics fund with €300m in capital commitments by Kali Persall The Eurozone Logistics Fund, a SICAV-SIF based in Luxembourg managed by BNP Paribas REIM, has reached its hard cap.
Transactions | Jul 19, 2019 Chancerygate and JR Capital acquire U.K. warehouse development by Kali Persall Chancerygate and JR Capital have acquired Brunswick Park in Newcastle, England.
Research | Jul 18, 2019 Houston’s office market recovery hits a speed bump in Q2 by Andrea Zander Over the last two quarters, Houston’s office market has shown signs of a slow recovery from the energy downturn, but it hit a speed bump in second quarter, reported Colliers.
Transactions | Jul 18, 2019 CBRE GI acquires acquires landmark Belgium office building by Kali Persall CBRE Global Investors and the international acquisition platform of the Cicerone Fund — Cicerone RE Holding BV — managed by Fabrica SGR, have acquired the Mondrian building, a landmark office in Brussels, Belgium.
Research | Jul 18, 2019 Food halls continue to grow in U.S. malls by Andrea Zander There will be about 450 food halls open in malls across the country by the end of 2020, an increase from 120 in 2016, according to Cushman & Wakefield.
Transactions | Jul 18, 2019 AXA Investment Managers acquires Amsterdam Hilton hotel by Released AXA Investment Managers – Real Assets has completed the acquisition, on behalf of clients, of a prime hotel in Amsterdam city center.