Transactions | Apr 17, 2020 CBRE GI acquires multifamily property in Houston by Released A fund sponsored by CBRE Global Investors has acquired a multifamily property in Houston’s Braeswood Bellaire submarket, four and a half miles south of Downtown Houston.
Transactions | Apr 17, 2020 Partnership to complete $231m student housing development by Andrea Zander A partnership between Global City Development, RER Ventures and Podium Developments has plans to construct The One at University City, a planned 1,244-bed student housing community located across the street from the Florida International University (FIU) campus in Miami.
Transactions | Apr 17, 2020 Hines makes first residential investment in Denmark by Kali Persall Hines has acquired 121 apartments at Trikotageparken, east Copenhagen, Denmark, on behalf of the Hines Pan-European Core Fund.
Research | Apr 17, 2020 NMHC rent payment tracker finds rent payment rate at 93% of prior month by Andrea Zander The National Multifamily Housing Council (NMHC) found that 84 percent of apartment households made a full or partial rent payment by April 12, in its second survey of 11.5 million units of professionally managed apartment units across the country, up 15 percentage points from April 5.
Transactions | Apr 17, 2020 Morgan Stanley Real Estate buys Tesla property for $110m by Andrea Zander Morgan Stanley Real Estate has acquired a 506,500-square-foot industrial/office flex facility in Fremont, Calif.
Research | Apr 17, 2020 Germany’s real estate investment market determined by large-scale portfolio transactions in first quarter by Andrea Zander Investments of €27.8 billion ($30.14 billion) were channeled into the German real estate investment market in the first quarter of 2020, reported CBRE.
Research | Apr 16, 2020 European office market could still “weather the storm” says UBS by Marek Handzel The European office market could still emerge from the coronavirus crisis in a relatively strong position compared to other real estate markets, according to UBS-AM Real Estate and Private Markets.
People | Apr 16, 2020 ATP appoints head of investment strategy by Kali Persall Allan Sall Tang Japhetson, a former director at Nordea Markets, has been appointed head of investment strategy at ATP, Denmark’s largest pension fund.
Investors | Apr 16, 2020 Arizona public safety personnel renews investment consultant’s contract by Kali Persall The Arizona Public Safety Personnel Retirement System (PSPRS) has renewed the investment consultant contract for SageView Advisory Group.
Transactions | Apr 16, 2020 Perennial Real Estate Holdings sells remaining stake in Singapore office by Andrea Zander Perennial Real Estate Holdings has sold its remaining 30 percent stake in 111 Somerset, Singapore, to the existing 70 percent shareholder of PSIPL, Simply Swift, a wholly owned subsidiary of Shun Tak Holdings, for S$155.1 million ($108.65 million).
Transactions | Apr 16, 2020 Link REIT completes first foray outside Greater China by Andrea Zander Hong Kong–based Link REIT has completed its acquisition of 100 Market Street in Sydney from Blackstone Group.
Research | Apr 16, 2020 U.K. hotel market will rebound strongly post-pandemic by Andrea Zander The U.K. hotel market is set to rebound strongly once the economy revives and travel restrictions are lifted post the COVID-19 pandemic, according to research by Knight Frank.
Transactions | Apr 16, 2020 Catella adds three residential projects to its European portfolio by Kali Persall Berlin-based Catella Residential Investment Management (CRIM) and Catella Real Estate AG (CREAG) have paid a total of €147 million ($160 million) for three residential projects in Vienna and Vitoria, northern Spain, and Hamburg, Germany.
Investors | Apr 16, 2020 Apache Capital and Harrison Street JV funds Moda’s $267m Edinburgh BTR development by Andrea Zander Apache Capital Partners and Harrison Street are to fund a landmark build-to-rent (BTR) development in central Edinburgh that will be delivered and operated for the long term by Moda Living, the United Kingdom’s leading developer and operator of build-to-rent housing.
Transactions | Apr 16, 2020 Edmond de Rothschild acquires logistics property for core-plus fund by Kali Persall Edmond de Rothschild Real Estate Investment Management has acquired a logistics property in the Netherlands on behalf of its core-plus European industrial real estate fund.
