Albany Road Real Estate Fund III nears $250m fundraising target by Kali Persall | Feb 24, 2021 Boston-based Albany Road Real Estate Partners has raised $243 million for its third real estate fund.
China: The surge in capital flows may be just beginning by Released | Feb 24, 2021 China’s capital in- and outflows have risen strongly since early 2020, following the easing of policy restrictions both ways.
Morgan Properties and Olayan America acquire $1.75b multifamily portfolio by Andrea Zander | Feb 24, 2021 Morgan Properties, in partnership with Olayan America, has acquired a portfolio of 48 apartment communities totaling 14,414 units in 11 states for $1.75 billion.
Brookfield and Kinder Morgan add ArcLight into natural gas JV by Kali Persall | Feb 24, 2021 Brookfield Infrastructure Partners and Kinder Morgan have agreed to jointly sell a 25 percent stake in Natural Gas Pipeline Company of America.
BlackRock to acquire 45% stake in Greek LNG operator, GasLog by Kali Persall | Feb 24, 2021 BlackRock’s Global Energy & Power Infrastructure team (GEPIF) has agreed to acquire all of the outstanding common shares of GasLog that are not held by certain existing shareholders, in exchange for $5.80 in cash per common share.
The iconic Learjet, once a favorite of celebrities and business moguls, will cease production by Mike Consol | Feb 23, 2021 The historic Learjet, the luxury private aircraft made famous during the 1960s by the likes of Frank Sinatra, Marlon Brando and Dean Martin, will end production during fourth quarter 2021, the victim of flagging demand and profitability.
ExchangeRight achieves 100% rent collections in 2020 by Released | Feb 23, 2021 ExchangeRight has collected 100 percent of 2020 rent totaling approximately $129 million in net rents across its more than $3 billion of net-leased assets under management.
AI Insight covers 177 private placements currently raising capital by Released | Feb 23, 2021 While there was little to no activity in several categories in January, real estate and private equity/debt funds rallied to bring year-over-year new fund coverage and aggregate target raise up significantly (24 percent and 62 percent, respectively).
Partners Group acquires water infrastructure firm Resilient by Kali Persall | Feb 23, 2021 Partners Group has bought Resilient Infrastructure Group, a company that acquires, develops and manages a portfolio of wastewater, water and related infrastructure assets in the United States and Canada.
Lanier Family, pro football hall of famer take interest in $650m resort by Released | Feb 23, 2021 Bally’s Corp., an omnichannel provider of land-based gaming and interactive entertainment, has submitted a proposal to the City of Richmond, Va.
Hines Global Income Trust acquires new asset in Silicon Valley by Released | Feb 23, 2021 Hines Global Income Trust has acquired a single-tenant office, research and development building at 5301 Patrick Henry Drive in Santa Clara, Calif.
Report: smart traffic management systems to save cities $277b by 2025 by Released | Feb 23, 2021 A new study by Juniper Research has forecast smart traffic management systems will save cities $277 billion, by reducing emissions and congestion globally by 2025.
Aviva Investors names CIO of real assets business by Kali Persall | Feb 23, 2021 Aviva Investors has appointed Daniel McHugh as CIO of its £47.3 billion ($66 billion) real assets business. This follows the January promotion of former real assets CIO, Mark Versey, to CEO.
Succeeding in business with Biden: Overcoming challenges by Michael Likosky | Feb 23, 2021 This is the third installment of a weekly column devoted to the nuts and bolts of successfully doing business with President Joe Biden and his administration.
3D printing capabilities moving to the front lines by Mike Consol | Feb 22, 2021 If you’ve been wondering if 3D printing will live up to its advertising and is worthy of a place in your portfolio, you will be interested to know the emerging sector recently received a couple votes of confidence.