GLP holds $1.3b first closing of third vintage of pan-European logistics income fund series by Kali Persall | Mar 23, 2022 GLP said it has reached a €1.2 billion ($1.3 billion) first close.
CBRE pays $588m for 64-property self-storage portfolio by Andrea Zander | Mar 23, 2022 World Class Holdings, a multibillion-dollar holding company, has sold a 64-property self-storage portfolio across 10 states to CBRE and facility operator William Warren Group/StorQuest for $588 million.
Taurus Investment Holdings and Aegon Asset Management announce ESG-centric decarbonization venture by Andrea Zander | Mar 23, 2022 Taurus Investment Holdings (Taurus), a global private equity real estate firm, and Aegon Asset Management (Aegon AM) have entered into four-year, $600 million ESG-centric venture to acquire value-add multifamily assets and considerably reduce the energy consumption and carbon output of those assets.
Ampyr Energy USA plans 5GW solar development in U.S. by Andrea Zander | Mar 22, 2022 AGP Sustainable Real Assets Pte Ltd and energy and commodities trader Hartree Partners LP have formed a joint venture, Ampyr Energy USA, to build five gigawatts of utility-scale solar plants across multiple U.S. markets.
Certares to raise $5b for new fund by Andrea Zander | Mar 22, 2022 Certares Management, an investment firm led by Hertz Global Holdings, has plans to launch a new private equity fund.
Nigeria builds $2.5b fertilizer plant, Africa’s biggest by Andrea Zander | Mar 22, 2022 Nigerian billionaire Aliko Dangote has plans to open a 3-million-ton fertilizer plant, Dangote Fertiliser Plant, located in Ibeju Lekki, Lagos, at a cost of $2.5 billion.
Prologis bids for Blackstone’s $23b last-mile portfolio by Andrea Zander | Mar 22, 2022 Prologis has reportedly issued a €21 billion ($23 billion) nonbinding offer to acquire a portfolio of more than 1,700 warehouses held by Mileway.
SDC Digital Infrastructure Opportunity Fund III surpasses $1.3b by Kali Persall | Mar 22, 2022 SDC Capital Partners has secured more than $1.3 billion for its SDC Digital Infrastructure Opportunity Fund III.
Non-Traded REITs record first $4b-plus month by Robert A. Stanger & Company, Inc. | Mar 21, 2022 Alternative Investment fundraising is on a tear totaling $11.5 billion in February, according to Robert A. Stanger & Company, Inc.
Will a rebound in travel accelerate the hotel recovery in 2022? by Released | Mar 21, 2022 The travel and hotel landscape faced unprecedented uncertainty as the global pandemic took hold. Now that the health crisis is beginning to subside, the sector is gaining momentum and creating new opportunity, according to Marcus & Millichap.