Industrial Logistics Properties Trust sells six properties for $206m by Andrea Zander | Dec 27, 2021 Industrial Logistics Properties Trust (ILPT) has entered into an agreement to add six industrial properties to its existing joint venture with institutional investors for an aggregate price of about $206 million.
Non-traded REITs blast through records, with more than $4.6b in November fundraising by Robert A. Stranger & Co., Inc. | Dec 27, 2021 Non-traded REIT fundraising totaled $4.626 billion in November, a previously unfathomable monthly sum, and more than the industry’s annual fundraising from 2016 to 2018, reported Robert A. Stranger & Co., Inc.
iCapital Network announces latest funding round led by WestCap by Released | Dec 27, 2021 iCapital Network has closed on a $50 million funding round led by WestCap.
SPONSORED: Institutional Private Real Estate — A timely asset class in inflationary and rising rate environments by Sheila Hopkins | Dec 25, 2021 Rising interest rates are likely to be preceded by higher inflation and stronger economic growth.
BEB Capital forms $1b industrial JV with Rockpoint by Andrea Zander | Dec 23, 2021 Real Estate development and investment firm BEB Capital has launched a programmatic joint venture with private-equity firm Rockpoint Group.
Elion releases report on fixing supply chain disruptions by Andrea Zander | Dec 23, 2021 Without drastic innovation or a significant reduction in the need for such goods, supply chains will continue to be stressed.
U.S. office demand stable in November despite COVID concerns by Released | Dec 23, 2021 The CBRE Pulse of U.S. Office Demand showed little change in November. Revisions to October leasing activity data show that the market performed better than originally thought in the early fall.
Ares Management acquires 11.9msf of industrial assets for $1.7b by Andrea Zander | Dec 23, 2021 Ares Management Corp. has announce that funds managed by the Ares Real Estate Group have closed on the acquisition of two portfolios consisting of 75 industrial properties totaling 11.9 million square feet.
Investor interest in purchasing commercial real estate surpasses 2019 levels by Released | Dec 23, 2021 Investor inquiries (confidentiality agreements signed by prospective buyers) through the first week of December 2021 have surpassed the total for all of 2019.
Utilities hold up as investors turn to lower beta assets by Released | Dec 22, 2021 The global listed infrastructure asset class gave up ground in November as news of a potentially more infectious coronavirus variant and indications that the U.S. Federal Reserve may start to reduce monetary stimulus measures sooner than expected weighed on financial markets, according to an outlook report by First Sentier Investors.
Argosy Real Estate Partners closes opportunity zone fund at $300m by Kali Persall | Dec 22, 2021 Argosy Real Estate Partners (AREP) has completed the final closing of the Argosy Real Estate Opportunity Zone I fund and its parallel fund (AROZ I). The firm said AROZ I exceeded its $150 million target size and closed at its $300 million hard cap. The investor base was composed of an insurance company, family offices […]
Multifamily outlook remains strong in 2022 by Loretta Clodfelter | Dec 22, 2021 The apartment sector has been among the strongest performers in 2021, and the outlook for multifamily investment in 2022 remains positive.
Argentina president set to decree $1.6b Vaca Muerta gas pipeline by Andrea Zander | Dec 22, 2021 Argentina’s President Alberto Fernandez will sign a decree for the construction of a new gas pipeline system in the country’s Vaca Muerta shale formation to help boost gas exports.
Turnbridge Equities seeks $500m for new real estate fund by Andrea Zander | Dec 22, 2021 Turnbridge Equities, a privately held, SEC-registered, vertically integrated real estate investment and development firm based in New York City, has launched a new fund for real estate investors.
Norway’s Aker BP to buy Lundin Energy’s oil and gas in $14b deal by Andrea Zander | Dec 21, 2021 Aker BP ASA, a Norwegian oil exploration and development company, has agreed to buy the oil and gas business of Lundin Energy AB, creating the second-largest producer on the Norwegian Continental Shelf.
