EXCLUSIVE — Harrison Street forms student housing JV with Greystar by Kali Persall | Oct 22, 2021 Harrison Street has formed a joint venture with Greystar to acquire a significant minority interest in a public-private partnership (P3) of on-campus student-housing assets, spanning five prominent universities.
Origin Investments launches $300m multifamily QOZ Fund II by Released | Oct 22, 2021 Origin Investments has launched a second QOZ Fund.
Real estate investment managers experience mixed recovery from COVID-19 by Released | Oct 22, 2021 The 2021 Global Management Survey, published by NAREIM, INREV and Ferguson Partners, paints a varied picture of real estate investment managers’ recovery from COVID-19. In terms of 2020 financial performance, 38 percent of respondents recorded a 10 percent increase in EBITDA, while 32 percent reported a 10 percent drop.
Cybersecurity named top concern, says AFIRE by Andrea Zander | Oct 22, 2021 AFIRE, the association for international real estate investors focused on commercial property in the United States, has released its 2021 Mid-Year Pulse Survey Report.
Airline passengers up 162% in August, still down from pre-pandemic August 2019 by Andrea Zander | Oct 22, 2021 U.S. airlines carried 66 million passengers in August 2021.
IREI: Live Webinar – Real estate opportunity sets in the defined contribution market by Andrea Zander | Oct 21, 2021 Institutional Real Estate, Inc. hosted its Live Webinar on defining opportunity in the defined contribution (DC) market. It provided insights into key trends and reviewed several different strategies and solutions available in real estate today.
NCREIF PREA Reporting Standards releases best practices for reporting ESG matters by Loretta Clodfelter | Oct 21, 2021 The NCREIF PREA Reporting Standards has released “ESG Principles of Reporting for Private Real Estate,” a collection of best practices for reporting the incorporation of environmental, social and governance (ESG) factors, as well as diversity, equity and inclusion (DEI), for private real estate investment managers.
MetLife Investment Management provides financing package for P3 flood project by Kali Persall | Oct 21, 2021 MetLife Investment Management (MIM) has provided $197.8 million in financing to support the public-private partnership (P3) portion of the first P3 flood-management project in North America, the FM Area Diversion project.
Goldman Sachs locks in $300m for West Street Global Infrastructure Partners IV by Kali Persall | Oct 21, 2021 Goldman Sachs Group has raised more than $300 million for its West Street Global Infrastructure Partners IV.
Manhattan office leasing tops 6msf in Q3, highest quarterly total since Q1 2020 by Andrea Zander | Oct 21, 2021 Leasing activity reawakened in Manhattan’s office market during third quarter 2021, totaling 6.3 million square feet.
King Street, AIMCo and sovereign wealth fund establish $500m film studios JV by Andrea Zander | Oct 20, 2021 King Street Capital Management, in partnership with Alberta Investment Management Corp., on behalf of certain of its clients and a sovereign wealth fund, has created a joint venture working alongside East End Studios to acquire and develop class A production studios to meet the exploding demand for content creation.
Finger Cos. sells $2b multifamily portfolio by Andrea Zander | Oct 20, 2021 Finger Cos. has sold a portfolio comprised of more than 20 garden and mid-rise assets from its national holdings to a venture led by Greystar in a transaction valued at $2 billion.
Cushman & Wakefield enters into strategic JV with Greystone by Andrea Zander | Oct 20, 2021 Cushman & Wakefield has entered a strategic joint venture with Greystone.
Octopus Energy and RES partner on $4b green hydrogen roll-out by Kali Persall | Oct 20, 2021 Octopus Energy and RES have partnered to invest £3 billion ($4 billion) in the construction of new green hydrogen plants across the United Kingdom by 2030.
Antin Infrastructure Partners to acquire leading stake in Origis Energy by Kali Persall | Oct 20, 2021 Antin Infrastructure Partners has agreed to acquire a majority stake in Origis Energy.
The Howard Hughes and Jerry Colangelo announce launch of 37,000-acre master planned community by Released | Oct 20, 2021 The Howard Hughes Corporation and Jerry Colangelo announced the launch of Douglas Ranch, a new large-scale master planned community (MPC) in Phoenix's West Valley.
Nearly half of U.S. investors say clean energy is next dotcom crash waiting to happen by Released | Oct 19, 2021 Almost half (46 percent) of U.S. investors see similarities between today’s clean energy sector and the dotcom crash of 2000, Investing.com has revealed today in newly released data.
Equinix and PGIM Real Estate form $575m JV by Andrea Zander | Oct 19, 2021 Equinix and PGIM Real Estate has established a $575 million joint venture in the form of a limited liability partnership to develop and operate two xScale data centers in Sydney.
Mitsubishi Corp. unveils $17.5b renewable investment plan by Kali Persall | Oct 19, 2021 Japan’s Mitsubishi Corp. is planning to invest 2 trillion yen ($17.54 billion) in alternative energies by 2030 in an effort to reach net-zero emissions by 2050.
Transactive energy market expected to rely on virtual power plants’ digital platforms for growth by Released | Oct 19, 2021 A report from Guidehouse Insights states the transactive-energy market is likely to rely on virtual power plants’ digital platforms to support growth in the next decade.
China: Growth will slow further after weakening in Q3 by Andrea Zander | Oct 19, 2021 China’s GDP grew 4.9 percent year-over-year (y-o-y) in the third quarter.
Metals rally picks up momentum on energy crisis and inflation fears by Andrea Zander | Oct 19, 2021 Base metals are rallying amid an intensifying energy crisis, and heightened inflation fears are reigniting investor enthusiasm, especially for copper.
Blue Owl to acquire Oak Street Real Estate Capital by Andrea Zander | Oct 18, 2021 Blue Owl Capital has entered into a definitive merger agreement to acquire Oak Street Real Estate Capital.
GRESB releases Infrastructure Assessment results by Drew Campbell | Oct 18, 2021 Amsterdam-based GRESB, a global environmental, social and governance (ESG) benchmark for capital markets, has released the results of its 2021 Infrastructure Assessment.
Report finds global listed infrastructure dips in September by Kali Persall | Oct 18, 2021 The Global Listed Infrastructure (GLI) asset class dipped in September as higher energy prices, U.S. political uncertainty and China’s Evergrande debt crisis weighed on financial markets.