Biotech revolution accelerates demand for lab space by Andrea Zander | Jul 23, 2021 Boston, the San Francisco Bay Area and San Diego remain the premier markets for life sciences real estate, with demand across all major markets growing by 34 percent since mid-2020, according to CBRE.
Self-storage well-positioned for post-pandemic growth by Loretta Clodfelter | Jul 23, 2021 The self-storage industry has performed well amid the COVID-19 pandemic, and is well positioned for the post-pandemic environment, given its inflation-resistant leases and a moderate slowing in new supply.
Brookfield announces $600m IPO to invest in renewables by Kali Persall | Jul 23, 2021 Brookfield Asset Management has priced an IPO of $600 million senior notes, which it will use to help fund renewable-energy projects.
NBIM with Hines break ground on NYC Hudson Square Neighborhood project by Andrea Zander | Jul 22, 2021 Hudson Square Properties, a joint venture of Trinity Church Wall Street and Norges Bank Investment Management (NBIM), with Hines as the operating partner, has broken ground on 555 Greenwich.
Chicago City Council approves $3.8b mixed-use project by Andrea Zander | Jul 22, 2021 The Chicago City Council has given approval, 36 to 13, for the development of Bronzeville Lakefront.
Carlyle forms new sustainable infrastructure platform, Copia Power by Kali Persall | Jul 22, 2021 The Carlyle Group has formed a new portfolio company, known as Copia Power, which will focus on developing utility scale sustainable infrastructure in the United States.
KKR backs Sol Systems’ infrastructure strategy by Kali Persall | Jul 22, 2021 KKR is making a significant minority investment in Sol Systems.
Auctions go digital, boosting speed and transparency for investors by Mike Consol | Jul 22, 2021 Who hasn’t seen a live auction? They’re the stuff of Hollywood movies featuring bidding battles between the rich and egoistic, or business news reports about astonishingly high prices being paid for prime assets.
VICI Properties announces strategic arrangement with Blackstone by Andrea Zander | Jul 21, 2021 VICI Properties has entered into a strategic arrangement with Great Wolf Resorts, a Blackstone Real Estate portfolio company, whereby VICI Properties may provide certain financing for the construction and development of Great Wolf Lodge resorts throughout the United States.
CPPIB sells Manhattan stake for $875m by Andrea Zander | Jul 21, 2021 Vornado Realty Trust has plans to acquire Canada Pension Plan Investment Board’s 45 percent interest in Manhattan office building One Park Avenue, to take its ownership interest to 100 percent.