Transactions | Apr 22, 2020 Greentown China to buy stake in Shanghai-based realty firm for $268m by Andrea Zander Greentown China Holdings is investing a combined ¥2.28 billion ($329 million) in two property companies that would allow it to indirectly participate in multiple developments in China.
Research | Apr 22, 2020 U.K. logistics take-up remains robust in Q1 by Released The U.K. logistics market had a strong start to the year, achieving total take-up of 6.26 million square feet in first quarter 2020, compared to 4.41 million square feet in first quarter 2019, according to the latest data from global real estate adviser, CBRE.
Transactions | Apr 22, 2020 Hines Global Income Trust completes sale of Dublin office by Released Hines Global Income Trust has sold Bishop’s Square, a class A office building located in Dublin’s central business district.
Research | Apr 22, 2020 Institutional investors plan to rein in real estate investments in 2020 by Released Global institutional investors, such as pension funds, endowments, and foundations, plan to reduce their new capital commitments to real estate by an average of 11 percent in 2020, according to the 24th annual Institutional Investors Real Estate Trends report.
Transactions | Apr 22, 2020 Portman Holdings proposes $300m mixed-use project in Atlanta by Andrea Zander Developer Portman Holdings has plans to develop a $300 million mixed-use project in Atlanta’s Buckhead Village area.
Research | Apr 22, 2020 Operating performance at low occupancy levels by Andrea Zander As of April 12, 2020, CBRE Hotels Research is forecasting an annual decline in RevPAR of 46.0 percent across all U.S. hotels in 2020, wrote Robert Mandelbaum, director of research information services for CBRE Hotels Research, in his blog.
Investors | Apr 21, 2020 Catella’s third European residential fund receives new Dutch and German investors by Released Berlin-based Catella Residential Investment Management’s (CRIM) third European Residential Fund (CER III) has received €125 million ($135 million) from two new institutional investors.
Transactions | Apr 21, 2020 Australian developer, with partners, enters Downtown Los Angeles by Andrea Zander Australia-based Crown Group has plans to enter the U.S. market, specifically the Los Angeles market.
Investors | Apr 21, 2020 New York State Common Retirement Fund commits €318m to Ares fund in March by Kali Persall The $225.9 billion New York State Common Retirement Fund (NYSCRF), the third-largest public pension fund in the United States, has disclosed a €318 million ($345 million) commitment.
Investors | Apr 21, 2020 Tulare County Employees commits $75m to Invesco fund by Kali Persall IREI has learned the $1.7 billion Tulare County (Calif.) Employees' Retirement Association (TCERA) has committed $75 million to a fund managed by Invesco.
Transactions | Apr 21, 2020 Greek resort sells for €200m by Released Technical Olympic has sold the Porto Carras Grand Resort.
Research | Apr 21, 2020 Poland: Office and industrial sectors record best ever first quarters by Released The total value of investment transactions in the Polish real estate market during the first quarter was nearly €1.8 billion ($tk billion), which is the second-highest result on record for the first three months of the year, reported JLL.
Research | Apr 21, 2020 Will COVID-19 prove a pivotal moment for climate change? by Andrea Zander The devastating effects of the COVID-19 pandemic have had a short-term impact on carbon emissions, but not enough to move Schroders’ Climate Progress Dashboard, which remains unchanged in implying a long-term temperature rise of 3.9°C in its latest quarterly update.
Fundraising | Apr 21, 2020 Crow Holdings Realty Partners IX raises $752m by Kali Persall Crow Holdings Realty Partners IX, a value-added fund managed by Crow Holdings Capital, has raised $752.25 million.
Research | Apr 21, 2020 COVID-19 presents big opportunities to invest by Andrea Zander Nearly 80 percent of American investors believe the economic downturn brought on by the COVID-19 pandemic presents big investment opportunities and now is a profitable time to invest in financial markets.