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.
People | Apr 27, 2020 PS Business Parks president/CEO takes medical leave by Andrea Zander PS Business Parks said Maria Hawthorne, president and CEO, has taken a leave of absence for health reasons not related to the COVID-19 pandemic.
No discounting the discount luxury outlet sector in China by Harry Tan Having been previously led by investment and credit, China’s growth in the coming decades will rely more heavily on the strength of the Chinese consumer. And this structural story remains solid. Household consumption, for instance, rose close to 10 percent in the last quarter of 2019, from 8 percent in 2018.
Investors | Apr 27, 2020 Survival: Think like a fighter pilot in these turbulent times by James Harkness, Juniper Square The application of the Observe, Orient, Decide and Act (OODA) model can bring clarity in times of unprecedented uncertainty and confusion during the COVID-19 pandemic.
