Features archive
Real Estate Investment Times
In the US, Regulation A has opened up doors for real estate companies and investors of all types, says Robert Kaplan of HC Government Realty Trust
International institutional investors want in on the private rented sector in the UK, says independent property expert Sam Collins
Alternatives continue to see rising demand from institutional investors in the Canadian marketplace. Tim Rourke, vice president of pensions and asset owners at CIBC Mellon, discusses how the country is well placed to meet it
Fund managers expect the private real estate industry to grow over the next three years, but Preqin’s Oliver Senchal warns against market consolidation
New regulations from the ECB have given real estate investors a lot to think about in the non-performing loans market, but appetite remains strong. Theo Andrew reports
Paul Conroy, real assets director at Aztec discusses the relationships behind co-investing and explains why it’s important to make sure it’s not just a marriage of convenience
With the number of cloud-based investment platforms seemingly increasing by the day, brokers are feeling the squeeze of a more efficient and transparent process, but there is room for both
Green investment is now recognised as generating higher returns, but more transparency is needed to attract investors, as Theo Andrew finds out
Krassen Draganov, CEO and founder of Dynamo Software, talks to Theo Andrew about the impact that the investor platform has across markets
As infrastructure evolves, private equity is turning to the sector in search for higher yields. Theo Andrew investigates the opportunities it represents for investors
A report by CBRE and DLA Piper into the African real estate market highlighted challenges and opportunity in equal measure. Theo Andrew investigates
Regulatory changes mean industry-wide education is essential for the future of the business, heard attendees of the Non-Traded REIT and Retail Alternative Investment Symposium in New York. Theo Andrew was there
Changes in the market and increasing foreign capital mean conditions are ripe for joint ventures. Theo Andrew speaks to experts who highlight the points to consider before entering into a partnership
Uncertainty rules in the UK as a hung parliament affects investor confidence
The industry may be changing, but there is still room for the traditional commercial real estate broker. Experts explain where and how they fit in
Ecommerce and changing demographics can be daunting for traditional retail, but there are opportunities for those willing to twist it up a little
Amid a stable outlook, funding concerns are emerging for US equity REITs, according to Steven Marks of Fitch Ratings
The digital boom is making retailers think long term, much to investors’ delight
Institutional real estate investors need to embrace the new and unusual if their strategies are going to remain strong, heard attendees of MIPIM 2017
Considering ESG issues can address social issues and generate healthy returns, says Jun Sakumoto of Avanath Capital Management
Blockchain is the little-understood, much-studied technology of the modern investment world. And, while it may not be entirely ready to shine, plenty of players are planning their future architecture around it
Already the jewel in Italy’s fashion and design crown, Milan is a cut above in the country’s real estate sector, as experts reveal
How will interest rate hikes and Dodd-Frank affect commercial real estate in 2017? Mitch Paskover, president of Continental Partners, takes a look ahead
Following the bitterly fought US presidential election, a Trump slump is a possibility, but early indications suggest that ‘net-positive’ will be the overriding sentiment
A demographic contrast is rearing its head in warehouse investment in Russia, and experts are split on where it will stay
Alternative allocations are becoming mainstream for institutional investors, and Canadian companies are leading the pack, says Claire Johnson of CIBC Mellon
Despite the vote to exit the EU, there is a world of potential for property investors in the UK, says Janine Lewis of InvestSure
S3 Blacklight’s Ihor Dusaniwsky explains how US and UK REIT ETFs did an about-turn after the UK’s referendum on its EU membership
2016 is likely to be a year of two halves for the UK investment market, according to Ben Clarke, Head of UK research at Cushman & Wakefield...
Hervé Schunke, head of private equity and real estate business development at BNP Paribas Securities Services, looks at the globalisation of real estate investment.
With interest rates down, firms are examining their capital options closely. Is securities lending a viable option for REITs? REIT takes a look
Interview archive
Real Estate Investment Times
COIMA RES founder and CEO, Manfredi Catella, talks about what the Italian REIT has achieved so far, the challenges facing the market and where opportunities are hidden in the limited real estate sector
Atlas Residential is set to bring the American dream to the UK’s build-to-rent market, says Jonathan Ivory
Investors are paying close attention to real estate-related non-performing loans, says Ropes & Gray’s Partha Pal
Dirk Holz of RBC Investor & Treasury Services talks to Theo Andrew about the latest trends in the real estate market, and how to get ahead of the game
Andrew Jackson of First Title explains how the title insurance sector is growing, and why due diligence is key. Theo Andrew reports
Philip Churchill, co-founder of 90 North Real Estate Partners, and Theo Andrew discuss the advantages and complexities of Islamic finance, as well as the firm’s plans in Australia and how its year has gone so far
M&G’s chief investment officer Tony Brown talks market trends, strong growth and the value of investing sustainably. Theo Andrew reports
Increased competition is among the challenges ahead for Irish real estate funds after a slow start to 2017, but investment will surpass the 10-year average, predicts Kenneth Rouse of BNP Paribas Real Estate
Urbanisation is driving change in Mexican infrastructure and mixed-use developments are the way to grow, says Jaime Fasja of Thor Urbana
In times of uncertainty alternative borrowing solutions are growing as investors eye up the short-term, says Paresh Raja, CEO of MFS
A decade has passed since its inception, and there hasn’t been a more sensible time to invest in the UK-REIT, says Craig Cordle of Ogier in Guernsey
A lack of liquidity is driving real estate investors to looking at innovative solutions to the problem, says Brendan Bradley of Global Alternatives
As the UK prepares to exit the EU, Jersey is taking on a supportive role, positioning itself as a bridge between the two, says Geoff Cook of Jersey Finance
Property technology holds great potential for the real estate investment space, but there are still challenges to overcome, says Dominic Wilson of Pi Labs
Institutional investors need tools and innovations to make their data useful, says Nils Kok of GeoPhy
A 2016 of returning highs has set the stage for a 2017 in which AEW Europe expects to shine, as Rob Wilkinson explains
‘Beds and sheds’ are in the sights of real estate investors, says Alis Pay of Clifford Chance
Despite major uncertainty around the world, there is still demand for real estate investment in the Middle East, according to Nick Judd, founder and head of investment at 90 North
Following a post-crisis lull, the project to build a business district in Moscow City is well underway again. Tom Devonshire-Griffin, managing director at JLL Russia and CIS, explains how investors stand to benefit from the news
Diversification is essential in the current real estate environment, and continental Europe provides this as standard. Olivier Vellay, head of investment for continental Europe at M&G Real Estate, explains
Real estate investments and technology go hand-in-hand, and this is just the beginning, according to Jonathan Banks of Mount Street
‘Proptech’ is evolving the way that businesses make decisions about property in both residential and commercial spheres, says GeoPhy’s Jatin Bhurabhai
All over the globe, times are changing. But if the real estate investment industry continues to keep up, it could see great success, says BNY Mellon’s Alan Flanagan
Having been through various changes, the real estate industry is susceptible to liquidity shortage in times of shock, says Keith Breslauer of Patron Capital
A member of the EU since 2007, Romania boasts a property market that has been on the up ever since. Liviu Tudor of the Romanian Association of Building Owners explains
Peter Verwer, CEO of the Asia Pacific Real Estate Association, previews the India Real Estate Summit and reveals why the country is paving the way for modern real estate investment...
Trion Properties, a prominent player in the US West Coast market, is aiming to make its portfolio recession proof...
News archive
Real Estate Investment Times
EPIC warehouse acquisition in the pipeline
20 November 2017 | London | Reporter: Stephanie Palmer
Ediston Property Investment Company (EPIC) is set to acquire four retail warehouse parks in the UK from Stadium Group, for £144 million
HFF delivers $288.8 million loan for resi project
17 November 2017 | San Jose, California | Reporter: Theo Andrew
HFF has secured $288.8 million of construction financing for two luxury residential towers in San Jose, California
CBRE Capital Advisors chosen for £100 million fund
16 November 2017 | Belfast | Reporter: Theo Andrew
The Northern Ireland fund will provide debt finance for real estate, regeneration, low carbon and infrastructure projects. It has been appointed on a 15 year mandate
AXA IM - Real Assets hit final close on logistics club
15 November 2017 | London | Reporter: Theo Andrew
The fund, which seeks to invest in 1 million square metres of logistics developments across Europe, raised the equity commitments from four international institutional investors
LaSalle names European head in business restructure
14 November 2017 | Paris | Reporter: Theo Andrew
Karim Habra was previously head of France for LaSalle, and his appointment replaces the firm’s previous structure of naming country heads for Europe
L&G settles on UK retirement villages for £102 million
14 November 2017 | London | Reporter: Theo Andrew
The portfolio, not yet fully developed, will comprise of 694 units, located in Liphook in Hampshire; Faygate in West Sussex; Exeter in Devon; and Great Alne in Warwickshire
Patrizia acquires German-based Triuva
13 November 2017 | Berlin | Reporter: Theo Andrew
Triuva had AUM of approximately €9.8 billion, meaning the deal, for an undisclosed price, places Patrizia in the top 10 European investment managers
JV makes penultimate exit from Prime Europe Hotels portfolio
13 November 2017 | Venice | Reporter: Theo Andrew
The partnership disposed of the Westin Europa & Regina hotel in Venice and the Westin Palace in Milan, for an undisclosed fee
M&G invests £67 million in BtR development
10 November 2017 | London | Reporter: Theo Andrew
The assets will feature one-, two- and three-bedroom properties, located a one-minute walk away from Wembley Central Station, which connects to Central London in 35 minutes
Invesco plans first regional BtR scheme
10 November 2017 | Manchester | Reporter: Theo Andrew
The development will comprise of three blocks, ranging from seven storeys to 17 storeys, and is expected to be delivered in March 2017
CBRE GI appoints head for Nordic investment
09 November 2017 | Oslo | Reporter: Theo Andrew
Norberg has been co-head of the Nordics for the past 18 months, having joined the company in 2015
London leads Europe for occupier demand
09 November 2017 | London | Reporter: Theo Andrew
The UK Capital, which came in second place last year, has regained top spot as fears disperse over a hard Brexit, with a softer, longer Brexit now looking more likely, LaSalle said
AXA IM - Real Assets makes €44million Milan acquisition
08 November 2017 | Milan | Reporter: Stephanie Palmer
The acquisition was made on behalf of the Columbus Real Estate Euro Fund, a closed-ended real estate fund
AXA IM - Real Assets strengthens global management team
07 November 2017 | London | Reporter: Theo Andrew
The firm has named John O’Driscoll as its new European head of transactions, replacing Laurent Jacquemin, who has been promoted to head of Asia Pacific
BMO bags two luxury retail assets in Italy
06 November 2017 | Milan | Reporter: Theo Andrew
The pan-European property investment specialist purchased a 1,500-square metre grade-A asset in Milan, in addition to a 600-square metre retail asset in Rome
Patrizia snaps up German Leopard portfolio for €205 million
06 November 2017 | Berlin | Reporter: Theo Andrew
In April, Redefine invested €49 million to take a 94 percent stake in the portfolio, which at the time was valued at £175.5 million
CoInvestor chosen for Luxembourg real estate fund
06 November 2017 | Luxembourg | Reporter: Theo Andrew
CoInvestor’s online platform will help streamline access for investors looking to participate in a diverse pool of real estate-backed loans, which have been underwritten by LendInvest
Greystar bags residential park in New Jersey
03 November 2017 | New Jersey | Reporter: Theo Andrew
The 12-storey 115-unit residential property, constructed in 1991, has been sold by Invesco
Coyote appoints Johnnie Sims to head of client services
02 November 2017 | London | Reporter: Theo Andrew
Sims will work alongside the management team of the cloud-based platform, developed by M7 Real Estate
Bank of England increases bank rate to 0.5 percent
02 November 2017 | London | Reporter: Theo Andrew
The Bank of England has confirmed that interest rates will rise from 0.25 percent to 0.5 percent, in the first rate hike for a decade
PGIM acquires Austria Campus with €300 million loan
01 November 2017 | Vienna | Reporter: Theo Andrew
UniCredit Bank Austria will use the campus as its new HQ, while it will also be let to Roomz Design Hotel upon completion, expected in 2018
Berlin tops investment and development outlook for 2018
01 November 207 | Berlin | Reporter: Theo Andrew
This is the fourth year in a row the German capital has been top of the ‘Emerging City’ rankings, with its success attributed to its business expansion with its technology sector at the forefront
PGIM’s sixth US property fund reaches first close
01 November 2017 | Frankfurt | Reporter: Theo Andrew
The capital was raised from new and existing German institutional investors. The fund is expected to reach final close in mid-2018
Compagnie du Parc expands London logistics portfolio
01 November 2017 | London | Reporter: Theo Andrew
In February, Compagnie du Parc announced it had £80 million of capital for investment into the UK warehouse sector over the next 18 months
Allianz re-finances Czech logistics portfolio
31 October 2017 | Munich | Reporter: Theo Andrew
CTP Property, a Central Eastern European logistics company, borrowed the money, of which Allianz retains a €100 million share
Orchard Street poaches BlackRock’s head of strategy
30 November 2017 | London | Reporter: Theo Andrew
Long has 26 years of experience in the real estate industry and will be responsible for leading Orchard’s research, forecasting and strategy team
UBS completes £45 million of new lending
27 October 2017 | London | Reporter: Theo Andrew
The loans were made on behalf of its UBS Participating Real Estate Mortgage Fund, taking total committed loans to 120 percent of the fund's equity
Kennedy Wilson refinances loan on phase II of Dublin project
27 October 2017 | Beverly Hills | Reporter: Becky Butcher
Kennedy Wilson and its equity partner have refinanced the existing construction loan on phase II of Clancy Quay project in Dublin
Allianz invests €100m in Hines European fund
27 October 2017 | Munich | Reporter: Theo Andrew
The fund has raised €326 million since its first close in July 2017, and is set to reach its €500 million target by the end of the year
Logos India launch $800 million logistics fund
27 October 2017 | Singapore | Reporter: Theo Andrew
The venture, which will target modern facilities across India, has been seeded with commitments from Ivanhoé Cambridge and QuadReal Property Group
Orchard Street acquires Manchester retail park for £63 million
26 October 2017 | Manchester | Reporter: Theo Andrew
The 218,764-square foot property was purchased on behalf of St James Place Property Trust Unit, representing a net initial yield of 6.96 percent
WeWork bags Fifth Avenue Lord & Taylor store for $850 million
25 October 2017 | New York | Reporter: Theo Andrew
According to WeWork, the store will be converted into the firm's New York HQ, plus additional WeWork office space and a redesigned 150,000-square foot Lord & Taylor store
BNP Paribas names two heads to lead new real estate division
25 October 2017 | London | Reporter: Theo Andrew
Sylvain Hasse (pictured left) and Jonathan Steel (pictured right) will become global heads of occupier solutions, looking over a team of 90 people
M7 hires Katarzyna Parkot as managing director in Poland
24 October 2017 | Warsaw | Reporter: Theo Andrew
Previously, Parkot was head of leasing at WX Management Services, and before this she was commercial department director at GreenFields Investment, overseeing the leasing of office space in Warsaw
BMO adds nine assets to UK portfolio
23 October 2017 | London | Reporter: Theo Andrew
The properties are spread across the office (35.9 percent), industrial (34.5 percent), retail warehousing (22.5 percent) and retail sectors (7.1 percent), reflecting an initial yield of 4.8 percent
Kennedy Wilson Holdings completes $8 billion merger with European arm
20 October 2017 | California | Reporter: Theo Andrew
The $1.98 billion (£1.5 billion) deal equated to an offer of $15.49 (£11.74) per KWE share, a 20 percent premium on the $12.91 (£9.79) per share closing price on 21 April
Aviva acquires Bristol redevelopment
20 October 2017 | Bristol | Reporter: Becky Butcher
Aviva Investors has purchased the first phase of a redevelopment business park in Bristol for £30 million
Coyote names Rob Bould as non-executive director
19 October 2017 | London | Reporter: Theo Andrew
Rob Bould, who has 40 years of real estate experience, will help grow the data platform, which will track, manage and report the performance of real estate assets in real-time
Hammerson expands flagship Parisian shopping centre
19 October 2017 | Paris | Reporter: Theo Andrew
The 11,000-square metre property adjoins its Les Trois Fontaines centre, the firm’s recently refurbished flagship asset in Paris
SELF II reaches €500 million on third close
19 October 2017 | Paris | Reporter: Theo Andrew
The pan-European debt fund achieved the equity through institutional investors from France, Germany and Italy
Encore+ adds Dutch office for €50 million
18 October 2017 | Eindhoven | Reporter: Theo Andrew
The the pan-European open ended core-plus fund is co-managed by Aviva Investors and LaSalle IM, as fund manager and asset and transition manager, respectively
LGIM Real Assets lands Stansted hotel for £48.3 million
17 October 2017 | London | Reporter: Theo Andrew
The development, which was completed in July 2017, is the second hotel to be located on-terminal at Stansted Airport
Deutsche AM closes €568 million pan-European fund
16 October 2017 | London | Reporter: Theo Andrew
The core fund will focus on income and capital growth across the larger European economies in sectors including office, retail and logistics
Tunstall expands senior management team
16 October 2017 | London | Reporter: Theo Andrew
Nicola Burke will be responsible for legal matters surrounding corporate transactions, capital raising, fund structuring, joint ventures, corporate governance and debt origination
Unizo grows New York portfolio for $467.5 million
13 October 2013 | New York | Reporter: Theo Andrew
The 651,492-square foot property was purchased by TH Real Estate from Pfzer in 2010, for $190 millio
Investors eye hotel and office sectors, says BrickVest survey
12 October 2017 | London | Reporter: Theo Andrew
The research, which surveyed 99 institutional investors, found that 34 percent thought the hospitality industry would deliver the biggest opportunities, while the same figure favoured the office sector
Patrizia wins €200 million pan-European mandate
11 October 2017 | Augsburg | Reporter: Theo Andrew
The portfolio will target office, hotel and residential assets in leading European cities and “select urban locations”
$1.3 billion partnership targets multi-family communities
11 October 2017 | Denver | Reporter: Theo Andrew
According to the partnership, the joint venture is an opportunity that “capitalises on the synergies” of each of the respective investment programmes
M7 Multi-let REIT to launch £300 million IPO
10 October 2017 | London | Reporter: Theo Andrew
The IPO will launch with an issue price of 100 pence per share and is subject to a minimum net proceeds of £147 million being raised
Barings hires across the UK and Germany
09 October 2017 | London | Reporter: Theo Andrew
Barings Real Estate Advisers has made two appointments to its German transaction team and named the new director of tax for its UK and European funds business
AXA IM- Real Assets enters JV in Washington DC for $138.8 mn
09 October 2017 | Washington DC | Reporter: Theo Andrew
MRP Realty will retain its ownership interest and continue to manage the 367,000-square foot property in the new joint venture
Brickblock appoints three advisors ahead of ICO
06 October 2017 | Gibraltar | Reporter: Theo Andrew
Holger Schlünzen, an exchange-traded funds analyst, Axel von Goldbeck, a real estate and regulatory expert, and Wolfgang Ritcher, a legal and currency specialist, have joined the team
Passco bags multifamily property in Virginia
06 October 2017 | Virginia | Reporter: Theo Andrew
The Parker was sold by a joint venture between AEW Capital Management and MRP Realty
M&G bolsters European investment team
05 October 2017 | Paris | Reporter: Theo Andrew
M&G Real Estate has appointed Antoin Prade as director of investment management and Stephan Barth as investment manager in Continental Europe
Commerz sells another Dutch office for €51.6 million
05 October 2017 | Amsterdam | Reporter: Theo Andrew
The 19,679-square metre, 19-storey property, owned by Commerz since 2002, was recently valued at €49.3 million
Pension funds invest in TH Real Estate’s $400 million housing fund
04 October 2017 | New York | Reporter: Theo Andrew
Three large US pension funds, all repeat CASA fund investors, and one German pension fund raised the equity
Northern Trust AM launches two ESG index funds
04 October 2017 | London | Reporter: Theo Andrew
The two funds will be the first in Europe to track the MSCI Leaders indices, in addition to a fund already available to US investors
Core-European fund hits €1 billion, says AXA IM - Real Assets
03 October 2017 | London | Reporter: Theo Andrew
The fund, which has already invested €830 million of the capital raised, hopes to achieve long-term stable income through acquiring core European assets
Royal London launches £2.7 billion UK real estate fund
03 October 2017 | London | Reporter: Theo Andrew
The fund, open only to sophisticated institutional investors, is fully seeded by Royal London
HPM promotes Annegret Kirchner to board
02 October 2017 | Hamburg | Reporter: Theo Andrew
Kirchner, who has been with the group since 2008, moves from her role as team leader asset management at HIH Real Estate
Tritax acquires a big box for £48.8 million
02 October 2017 | Daventry | Reporter: Theo Andrew
The 272,000-square foot warehouse was purchased for £36 million by LondonMetric in 2014, reflecting a NIY of 6.7 percent for the FTSE 250 REIT
Henderson beds two UK Hilton Metropoles for £500 million
29 September | London | Reporter: Theo Andrew
The two hotels, which comprise of over 1,800 beds, were part financed through Aareal Bank to the tune of £330 million
Local partnerships key to unlocking West African real estate market
28 September 2017 | London | Reporter: Theo Andrew
Developing local partnerships at all levels of investment is needed to mitigate risk, attendees heard at the Second West Africa Real Estate Investor Forum in London
Pension funds driving investment in West African real estate
28 September 2017 | London | Reporter: Theo Andrew
Investment into West African real estate is primarily being driven by pension funds, according to Thomas Reilly, head of African real estate at Investec
PMM Group to launch real estate debt platform in UK and Ireland
27 September 2017 | Dublin | Reporter: Theo Andrew
The platform, seeded with an initial £100 million, plans to deploy the total capital over the next three years and already has a healthy pipeline in place, a company statement said
JV acquires BtR development in MediaCityUK
27 September 2017 | Manchester | Reporter: Theo Andrew
Located in MediaCityUK in Salford, the site is the first forward-funded BtR development in the area. Opposite the BBC offices, it is just 10 minutes into Manchester city centre
MCSI promotes within real estate team
27 September 2017 | London | Reporter: Theo Andrew
MCSI has promoted Jay McNamara to head of real estate, as part of a reshuffle of its real estate team, which has also seen Jeremy Baskin appointed as head of client coverage in the Americas
90 North exits Volkswagen logistics centre for €52 million
26 September 2017 | Kassel, Germany | Reporter: Theo Andrew
The 90,300-square metre property, is leased to and operated by Rudolph Automotive Logistik, long-standing partners of Volkswagen
Gramercy closes €650 million industrial fund
26 September 2017 | London | Reporter: Theo Andrew
The fund, which achieved the total in two months, will seek to acquire assets valued between €10 million to €200 million with a bias towards the German, French, Dutch and Spanish markets
Warehouse REIT acquires four UK assets
25 September 2017 | London | Reporter: Theo Andrew
The purchase, which is in addition to the £108.85 million 27-asset Tilstone Portfolio, represents a net initial yield of 7.5 percent
AEW strengthens Madrid portfolio
25 September 2017 | Madrid | Reporter: Theo Andrew
AEW has acquired an office in Madrid on behalf of its European Value Investors fund, for €30 million
The top 100 private real estate fund managers accounted for 62 percent of total industry fundraising over the past decade, according to a new Preqin report
BlackRock sells Marina Bay office for SGD 2.12 billion
22 September 2017 | Singapore | Reporter: Theo Andrew
BlackRock has agreed to sell Asia Square Tower 2, in Singapore’s Marina Bay, to CapitaLand Commercial Trust, for SGD 2.12 billion (US $1.6 billion)
JLL names head of capital markets for CEE region
22 Septmeber 2017 | Prague | Reporter: Theo Andrew
JLL has appointed Mike Atwell as head of capital markets the Central Eastern European (CEE) region and the Czech Republic
HFF facilitates sale of residential and office assets
21 September 2017 | Plainsboro, New Jersey | Reporter: Jenna Lomax
Kushner Companies has acquired Quail Ridge Apartments in New Jersey, for $146 million, and Perimeter Park in North Carolina has sold for $105.5 million
Fitch revises ratings of retail REIT duo
21 September 2017 | New York | Reporter: Becky Butcher
Fitch Ratings has revised the ratings and outlook of Washington Prime Group (WPG) and CBL & Associates Properties, two retail REITs
Peakside and Madison acquire Frankfurt Airport Center
20 September 2017 | Frankfurt | Reporter: Jenna Lomax
Peakside and Madison International Realty have completed the acquisition of Frankfurt Airport Center I from UBS Real Estate GmbH, on behalf of Publikums-AIF UBS
LRI Group adds to real assets team
20 September 2017 | Luxembourg | Reporter: Jenna Lomax
Dittrich will be responsible for acquiring new clients specifically focused on real estate, private equity and infrastructure projects
Skyline acquires New York development for $83 million
19 September 2017 | New York | Reporter: Theo Andrew
Located in the Plaza District of Manhattan, the 8,000-square foot development sits close to the Museum of Modern Art, the Broadway Theatre District and Central Park
INREV names Lonneke Löwik as new CEO
19 September 2017 | Amsterdam | Reporter: Theo Andrew
From December 2017, Löwik will be responsible for developing the association’s global professional standards as well as the implementation of the new Asset Level Index
Joint venture splashes £439 million on student housing portfolio
18 September 2017 | London | Reporter: Theo Andrew
Tristan Capital Partners has invested £439 million into a joint venture with Downing, targeting student housing in the UK
Warehouse REIT floats for £150 million
18 September 2017 | London | Reporter: Theo Andrew
According to the REIT, it is targeting a yield of 5.5 percent for the year ending March 31 2019, with a total return on 10 percent through dividends and net asset value growth
AMP Capital expands distribution team
15 September 2017 | New York | Reporter: Theo Andrew
Reporting to Boe Pahari, director of the global head of infrastructure equity at AMP Capital, Time Smith will be responsible for leading AMP Capital’s distribution team across the regions
Gateway cities real estate prices fail to recover post-crisis
14 September 2017 | New York | Reporter: Theo Andrew
RCA data shows that properties in Amsterdam, Chicago, Tokyo and Washington DC have failed to recover from the crash 10 years ago, despite the first two starting to gain momentum
Real I.S. shops for Netherlands logistics property
14 September 2017 | Rotterdam | Reporter: Theo Andrew
The acquisition follows Real I.S.’s purchase of Smartlog 1 from DHG in 2016, for €35.5 million
$110 million Chicago hotel mainstay for Deka Immobilien
13 September 2017 | Chicago | Reporter: Theo Andrew
The 22-storey hotel was purchased as part of a sale and leaseback with future tenant Clark Monroe, an affiliate of Murphy Development Group
AXA IM - Real Assets closes "milestone" €1.5 billion debt fund
13 September 2017 | Paris | Reporter: Theo Andrew
CRE Senior 10 received funds from 19 institutional investors, of whom 15 had previously pledged funds to the investment mangers debt platform
Allianz finances London’s 55 Baker Street for £212 million
12 September 2017 | London | Reporter: Theo Andrew
It is the second landmark transaction for Allianz Real Estate in London this year, following its co-financing of CityPoint Tower in March
JLL names Pieter Hendrikse as Netherlands CEO
12 September 2017 | Amsterdam | Reporter: Theo Andrew
Before joining JLL, Hendrikse was CEO for Europe, Middle East and Africa at CBRE Global Investors, formerly ING Real Estate Investment Management, where he had worked since 1999
UBS to add value to Japan’s hotel sector
12 September 2012 | Singapore | Reporter: Theo Andrew
The joint venture, with 16 years of investments behind it, will focus on acquiring value-add and development opportunities in metropolitan areas including Tokyo, Osaka, Nagoya, Fukuoka and Hokkaido
CBRE European Fund completes portfolio deal in Sweden
11 September 2017 | Stockholm | Reporter: Jenna Lomax
The asset is anchored by Coop, Systembolaget, H&M, Lindex and Clas Ohlson
Fund managers predict both consolidation and growth, says Preqin report
11 September 2017 | London | Reporter: Stephanie Palmer
A survey of 94 fund managers found that a vast majority, 79 percent, expect to see some consolidation in the industry by 2020, and 8 percent expect significant consolidation
James Mitchell joins American Realty
8 September 2017 | California | Reporter: Katherine Brown
American Realty Advisors (ARA) has hired James Mitchell to the firm’s Chicago office as the new senior vice-president and client portfolio manager
Commerz Real sells EY office for €236 million
08 September 2017 | Frankfurt | Reporter: Theo Andrew
A consortium of institutional investors, led by Aurec Group, has acquired an office complex in Eschborn, Germany, for €236 million
Partners Group adds Rahul Ghai in Singapore
08 September 2017 | Singapore | Reporter: Mark Dugdale
Private markets investment manager Partners Group has appointed Rahul Ghai as a managing director within its Singapore-based private real estate team
First State Super buys stake in retirement living operator
08 September 2017 | Brisbane | Reporter: Mark Dugdale
Australian retirement fund First State Super has bought a 70 percent stake in retirement living operator Oak Tree Group
Retail capped with other real estate assets
07 September 2017 | London | Reporter: Theo Andrew
Global retail is being repriced to bring capitalisation rates in line with other real estate asset classes, according to Scott Crowe, chief investment strategist manager at CentreSquare Investment
EPRA announce new ESG real estate reporting initiatives
07 September 2017 | London | Reporter: Theo Andrew
The European Public Real Estate Association has announced a number of new reporting initiatives focusing on environmental, social and corporate governance
Bedell Cristin promotes real estate expert to partner
07 September 2017 | London | Reporter: Jenna Lomax
He joined Bedell Cristin as a senior associate in 2013 from another Jersey law firm
FTSE Russell makes real estate an ICB
07 September 2017 | London | Reporter: Mark Dugdale
FTSE Russell has carved out real estate as a new Industry Classification Benchmark following a market consultation
Central London office discounts overdone
06 September 2017 | London | Reporter: Theo Andrew
Discounts in the UK REIT market have gone too far, Peter Papadakos, managing director at Green Street Advisors has told attendees at the European Public Real Estate Association Conference
Solvency II reform could double listed REIT investment, says EPRA
06 September 2017 | London | Reporter: Theo Andrew
EU Solvency II reform would lead to a stream of investment into European real estate, according to Dominique Moerenhout, CEO of the European Real Estate Association
Real estate competition heating up amid dry powder influx
06 September 2017 | London | Reporter: Theo Andrew
Competition is rife for real estate assets, despite dry powder reaching an all-time high of $255 billion, according to a Preqin report
Norges Bank promotes two to CIO roles
06 September 2017 | Oslo | Reporter: Jenna Lomax
The real estate arm of the the Norwegian government pension fund, whose investment strategy is to invest at a steady pace with dedicated chief investment officers for each market, has put Løken in charge of the US. NBREM handed Europe to Veber
Invesco completes €530 million hotel portfolio deal
05 September 2017 | Berlin | Reporter: Jenna Lomax
Invesco Real Estate has completed the acquisition of a €530 million pan-European hotel portfolio
JLL boosts EMEA hotels and hospitality team
05 September 2017 | London | Reporter: Theo Andrew
JLL has appointed Karl Badstuber and Yves Marchal as senior client relationship managers to its hotels and hospitality group
San Diego office sells for for $109.5M
05 September 2017 | San Diego | Reporter: Katherine Brown
The 359,278-square foot property is 89.7 percent leased to 33 tenants including WeWork, The San Diego Union-Tribune and Robbins Arroyo
Baytree Logistics appoints new regional head
05 September 2017 | Cologne | Reporter: Jenna Lomax
AXA IM – Real Assets-backed platform Baytree Logistics has hired Sascha Petersmann as its new head of Germany
Aerium bags financing on London development
04 September 2017 | London | Reporter: Theo Andrew
Herbal House, which is close to completion, is an office and residential asset in Clerkenwell that will comprise 100,000 square feet of office space over 10 storeys
Norges increases share in prime London asset for £112.5 million
04 September 2017 | London | Reporter: Theo Andrew
The Norwegian government pension fund purchased its initial 25 percent interest in December 2013, and now owns 50 percent of the 270,000-square foot asset
Colony NorthStar sells real estate group for $475 million
04 September 2017 | Los Angeles | Reporter: Theo Andrew
Aon, which manages more than $100 billion of worldwide assets, will work closely with Townsend to “create sophisticated investment solutions”, according to Cary Grace, CEO of global retirement and investment solutions at Aon
JV secure €625 million loan on Dublin shopping district
04 September 2017 | Dublin | Reporter: Theo Andrew
The pair, which invested in the €1.5 billion Dundrum Town Centre portfolio in October 2015, have a 50/50 share in the seven-year term loan
Alan Patterson heads to Gingko Tree Investment
04 September 2017 | London | Reporter: Mark Dugdale
Patterson has been put of charge of the research, strategy and real estate teams at Gingko Tree, which is the real estate and infrastructure investment subsidiary of China’s State Administration of Foreign Exchange
Brexit sees UK real estate funds target Luxembourg and Ireland
01 September 2017 | London | Reporter: Theo Andrew
The funds, which are seeking to new ways to operate under the Alternative Investment Fund Managers Directive, are also looking at the Channel Islands
London’s real estate turnover highest in decade at £11.5 billion
31 August 2017 | London | Reporter: Theo Andrew
Transactions were boosted in July by the acquisition of the ‘Walkie Talkie’ building, the UK’s largest ever single office building deal, to Hong Kong-based Infinitus Property Group for £1.3 billion
George Smith Partners names two vice presidents
31 August 2017 | Los Angeles | Reporter: Jenna Lomax
George Smith Partners has appointed two new vice presidents in a bid to to accelerate the firm's growth and expansion
Real I.S. bags The Capitol in Cork for €45.6 million
31 August 2017 | Cork | Reporter: Theo Andrew
The building is currently 81 percent let to companies including Facebook, TJX Ireland and Lifestyle
Redefine sells BMW showroom to UK pension fund
31 August 2017 | High Wycombe | Reporter: Theo Andrew
Acquired by Redefine in April 2016 as part of its AUK portfolio, the showroom’s sale price reflects a net initial yield of 5 percent
J.P. Morgan JV secures financing for Miami project
30 August 2017 | Miami | Reporter: Theo Andrew
The 31-storey property will include 397,000 square feet of residential space comprising of one-, two- and three-bedroom units
Cromwell to list European REIT on Singapore Stock Exchange
30 August 2017 | Singapore | Reporter: Theo Andrew
The REIT, Cromwell European Real Estate Investment Trust, which will target income-producing assets in Europe, was issued with an Eligibility-To-List from the SGX-ST on 23 August 2017
Mapletree purchases $613 million warehouse
30 August 2017 | Hong Kong | Reporter: Theo Andrew
Spanning 148,065 square metres, the 11-storey warehouse is 100 percent let to 12 tenants with a weighted annual lease expiry of three years
BMO Real Estate names new property funds director
29 August 2017 | London | Reporter: Theo Andrew
Matthew Howard will be responsible for the Royal Sun Alliance Shareholders Fund as well as assisting Richard Kirby on the management of F&C Commercial Property Trust
Cerberus bags five Finnish shopping centres
29 August 2017 | Helsinki | Reporter: Theo Andrew
Four of the shopping centres are located in the Helsinki area, and one is based in Jyväskylä. They span a combined 61,000 square metres
Blackstone appoints new chairman for Japan growth
29 August 2017 | New York | Reporter: Theo Andrew
Kuki joins from J.P. Morgan, where he spent nine years, most recently as chairman of banking
TrustMe launches bitcoin property exchange platform
25 August 2017 | London | Reporter: Theo Andrew
On the Property Exchange and Blockchain Land Registry (BLR) platforms, homeowners will be able to immediately trade shares in their property on the market
Japanese Logistics Fund buys two sheds for $246 million
25 August 2017 | Yokohama | Reporter: Theo Andrew
The Yokohama Machida Logistics Centre was purchased from OM2 TRY Investments Delta for approximately JPY 25.4 billion ($231 million)
Passco lands resi development in Florida
25 August 2017 | Florida | Reporter: Jenna Lomax
The 297-unit asset, currently under development, is Passco’s largest single-asset transaction to date
Encore+ buys Frankfurt office for €39.25 million
24 August 2017 | Frankfurt | Reporter: Jenna Lomax
The property is located to the west of Frankfurt’s city centre. It has 18,700 square metres of leasable space, and is in close proximity to the Mainzer Landstrasse
McKay REIT secures additional £40 million debt facility
24 August 2017 | London | Reporter: Theo Andrew
The new loan will replace McKay’s previous £35 million facility with Santander, which expires at the end of 2017, and takes its total revolving credit to £180 million
Real I.S. acquires mixed-use Munich property
24 August 2017 | Munich | Reporter: Jenna Lomax
Real I.S. has acquired Leuchtenbergring 20, an office, retail and hotel space in Munich, for €190 million
JV bags Shanghai office building for $525 million
23 August 2017 | Singapore | Reporter: Theo Andrew
Allianz’s 30 percent stake in the property brings its initial commitment into the co-investment group, Vision (III), to $150 to $200 million
Savills IM strengthens Asia research team
23 August 2017 | Singapore | Reporter: Theo Andrew
Benedict Lai will develop the investment manager’s views on the Asia Pacific market as the group seeks to strengthen its local capabilities
UK regions the pick for PRS investors
23 August 2017 | London | Reporter: Theo Andrew
As investors seek to enhance the spread of their portfolios, there has been a “significant increase” in transactions across the UK
Pension funds key investors in $4.1 billion infra debt fund
22 August 2017 | London | Reporter: Theo Andrew
This is the third debt fund launched by AMP Capital in six years, and has been supported by 125 investors across 12 countries
Westwood boosts leadership team following $1.2 billion restructuring
22 August 2017 | Los Angeles | Reporter: Theo Andrew
Prior to joining Westwood, Lougee spent over 10 years at DDR Corp, a retail REIT that owns more than 300 shopping centres, most recently as senior vice president
Tristan ‘long life’ fund buys Croydon office for £71.5 million
22 August 2017 | London | Reporter: Theo Andrew
he perpetual core plus fund purchased the 180,000-square foot Interchange Building from a fund advised by CarVal Investors
Greystar appoints new head of UK operations
21 August 2017 | London | Reporter: Stephanie Palmer
Greystar has named Mark Allnutt as new head of company operations in the UK
UBS acquires central Edinburgh asset
21 August 2017 | Edinburgh | Reporter: Jenna Lomax
UBS Asset Management (UBS-AM) Real Estate and Private Markets has acquired Quartermile 2 in Edinburgh, Scotland, for £28.5 million
Macquarie-Canada joint venture to take over Land Services Group
18 August 2017 | Adelaide | Reporter: Katherine Brown
Land Services Group has been selected as the preferred bidder for the commercialisation of the South Australian Land Services Group
PERE deals slow in post-Brexit UK
18 August 2017 | London | Reporter: Jenna Lomax
The volume of private equity real estate (PERE) acquisitions in the last twelve months fell by a third following the Brexit referendum, according to intelligence provider Preqin
Aviva welcomes associate director duo
18 August 2017 | London | Reporter: Katherine Brown
Aviva Investors has hired Katie Brown and Chris Wilkinson as asset managers to its real estate team
Capital-rich South Korea lacks real estate supply
18 August 2017 | Seoul | Reporter: Mark Dugdale
South Korea is unable to support the weight of money that its investors have to spend, according to Callum Young of Savills
London pension fund strengthens board
17 August 2017 | London | Reporter: Theo Andrew
The London Pension Fund Authority (LPFA) has appointed Nigel Topping and Barbara Weber to its trustee board, effective immediately
Greystar appoints Jeff Manno to lead Growth Fund
17 August 2017 | Charleston | Reporter: Theo Andrew
Reporting to Chris MacNaughton, Greystar’s head of portfolio management platform, Manno will relocate from London to Charleston, South Carolina
LaSalle shoots for $1 billion Asian real estate fund
17 August 2017 | Chicago | Reporter: Theo Andrew
In its fifth and latest close, LAO V secured $335 million of commitments, meaning the fund is well in line to exceed its initial target of $750 million
Schroders secures self-storage portfolio for £44 million
16 August 2017 | London | Reporter: Theo Andrew
It is the institutional investor’s first foray into self-storage sector, which it sees as a major growth opportunity within the alternatives sector down to changing demographic trends
BlackRock enters Australian renewable energy sector
16 August 2017 | Queensland | Reporter: Theo Andrew
The global investment manager secured the long-term syndicated debt facility through the Clean Energy Finance Corporation, the Commonwealth Bank of Australia and Natixis
Foundation appoints new global head of transactions
15 August 2017 | Zurich | Reporter: Jenna Lomax
Feix will be based in Zurich and replaces Ulrich Kaluscha, who held the post on an interim basis
Five Point buys OC office campus for $443 million
15 August 2017 | California | Reporter: Theo Andrew
Five Point Holdings has acquired a 73-acre corporate campus in Irvine, California, on behalf of its new venture, Five Point Office Venture Holdings I, for $443 million
Brussels office bagged for €41.5 million
14 August 2017 | Brussels | Reporter: Theo Andrew
The deal represents a net yield of 4.8 percent for the 9,913-square metre building, which is fully let to a global oil and gas company
AEW Europe acquires retail asset for €50 million
14 August 2017 | Madrid | Reporter: Jenna Lomax
Purchased from ActivumSG Capital Management, it marks AEW’s sixth acquisition in the Spanish market in the last two years
US rental-home merger creates $11 billion giant
14 August 2017 | Dallas | Reporter: Theo Andrew
The merger will create the largest single-family-rental company in the US, with a portfolio of 82,000 in 17 markets
Unibail announces €750 million share buy-back
14 August 2017 | Paris | Reporter: Theo Andrew
The €40.5 billion property company posted a strong H1 2017, with rental income growing by 3.7 percent year-on-year to €794 million
Varma Mutual Pension sees rise in real estate returns
11 August 2017 | Helsinki | Reporter: Theo Andrew
The real estate funds’ returns are an increase on the 2.9 percent achieved in H1 2016 but are down on the 6.8 percent achieved during the whole of 2016
The fund will seek to acquire office, retail, hotel and residential properties in Germany’s economic triangle of Munich, Stuttgart and Frankfurt
Saudi Arabia approves Mulkia-Gulf REIT
10 August 2017 | Riyadh | Reporter: Jenna Lomax
The fund, which met the legal requirements and implementing regulations overseen by the Saudi Capital Market Law, will seek to acquire retail, office and industrial assets located across Saudi Arabia
LendInvest launches first retail bond on LSE, raises £50 million
10 August 2017 | London | Reporter: Theo Andrew
The five-year dated bond, which will pay an annual coupon of 5.25 percent, closed early after strong investor demand raised the targeted capital
CBRE GI boosts European research team
10 August 2017 | London | Reporter: Theo Andrew
Bah will be responsible for the real estate investment management firm’s pan-Europe property forecasting
LondonMetric strengthens UK logistics portfolio for £166.6 million
10 August 2017 | London | Reporter: Theo Andrew
Of the 14 properties, 11 are ‘last mile’ logistic warehouses, with tenants including DHL, Howdens and Royal Mail
Henley launches £400 million long-income fund
09 August 2017 | London | Reporter: Theo Andrew
The core long-term income fund made its first purchase in an off-market deal, acquiring a UK based-portfolio of 49 supported living properties, all let on a long-term basis and backed by Housing and Communities Agency providers
LondonMetric gains retail park for £28.3 million
09 August 2017 | London | Reporter: Jenna Lomax
The 51,500-square metre unit is currently let to Currys PC World, Dixons Carphone and Dreams
Blackstone buys majority stake in Banco Popular property portfolio
09 August 2017 | Madrid | Reporter: Theo Andrew
The €30 billion portfolio, of which the Spanish assets totalled €10 billion, will be transferred to a new company
SC Capital targets $1 billion APAC real estate fund
09 August 2017 | Singapore | Reporter: Theo Andrew
The fund expects to close in October, once the $850 million RECAP IIII, currently 75 percent committed, has been fully disposed
Denver apartments acquired for $75.25 million
08 August 2017 | Denver | Reporter: Theo Andrew
Located close to Denver International Airport, the 21 acre-site consists of 22 two-storey buildings of one-, two- and three- bedroom units
Tunstall's Dutch debt fund makes first loan purchase
08 August 2017 | London | Reporter: Theo Andrew
The fund, which seeks to restructure non-performing loans, recently made its first close with initial commitments totalling €55 million
Build to rent spotlight shines on Midlands
07 August 2017 | Birmingham | Reporter: Theo Andrew
The build to rent sector in the Midlands has been given a boost with the announcement of new schemes in Birmingham and Leicester totalling £128 million
The acquisition is Barings’s first in the European residential sector and brings its assets under management in the Nordics to €844 million
Joint venture bags 100 New Oxford St for £180 million
07 August 2017 | London | Reporter: Theo Andrew
AEW’s stake has has been purchased in a club deal of two German investors, while it is the eighth addition to Thor's London portfolio, primarily consisting of prime retail assets
CalSTRS deputy CIO retires after 27 years
04 August 2017 | California | Reporter: Theo Andrew
At the time of her hiring, CalSTRS’s total fund was valued at $35 billion. It now has assets totalling approximately $208.7 billion, as of 30 June 2017
Deloitte chooses Yardi for Europe fund administration
04 August 2017 | Santa Barbara | Reporter: Theo Andrew
The accounting and property management solution will offer Deloitte’s client base an integrated and end-to-end accounting, reporting and consolidation service
UK currency woes split Middle Eastern investor appetite
04 August 2017 | London | Reporter: Theo Andrew
The Islamic Finance specialist said the uncertainty surrounding the pound is driving investors towards US dollar- or euro-denominated real estate
Political sentiment featured highly on investor outlook, with contrasting pictures in France and the UK
Westwood secures grocery-anchored retail portfolio for $171 million
03 August 2017 | California | Reporter: Theo Andrew
The financing follows a $1.2 billion consolidation and reorganisation programme by Westwood Financial in September 2016
ZBI and Union Investment launch German resi-fund
02 August 2017 | Düsseldorf | Reporter: Theo Andrew
The open-ended fund, which had a large portion of capital invested by launch day, is seeded with more than 50 percent of a ZBI portfolio with a total value of €460 million
Peakside buys Frankfurt office, fully commits €600 million PREF II fund
02 August 2017 | Frankfurt | Reporter: Theo Andrew
The purchase marks the fund’s third in the past four months, committing PREF II, which targets value-add and opportunistic real estate in Germany, a year ahead of schedule
Green real estate to boost portfolio performance
02 August | London | Reporter: Theo Andrew
LaSalles's report, ‘Environmental Factors & Real Estate Demand’, states that green buildings hold a lower risk, a higher value, and therefore could significantly improve the financial performance investors portfolios over time
Joint venture purchases Paris office for €35 million
01 August 2017 | Paris | Reporter: Jenna Lomax
CBRE Global Investors and Fabrica SGR have acquired an office building on the 5 Avenue de Provence, Paris, for €35 million, on behalf of the Cicerone Fund
Rockspring German retail fund raises €87 million
01 August 2017 | Berlin | Reporter: Theo Andrew
Launched in 2005 in partnership with Prime Management, GRBF targets long-term income and growth on grocery-anchored retail assets, and has a gross asset value of almost €1 billion
BNP Paribas RE UK to merge with Strutt & Parker
01 August 2017 | London | Reporter: Theo Andrew
The merger, due to be completed in September, will allow BNP Paribas RE UK to broaden its services offering through Strutt & Parker’s expertise in rural and residential markets
JV cooks up a storm in Madrid for €70 million
31 July 2017 | Madrid | Reporter: Theo Andrew
Redevco Iberian Ventures, the joint venture between Redevco and Ares Management, has acquired Mercado San Miguel, a food market in Madrid, for €70 million
Aerium purchases landmark office in Cardiff for £51 million
31 July 2017 | Cardiff | Reporter: Theo Andrew
The 134,950-square foot asset comprises nine floors and is 97 percent let to six tenants including Blake Morgan, Julian Hodge Bank and RBS, with a weighted average lease term of 9.4 years
UBS Triton buys prime Manchester industrial site for £46 million
31 July 2017 | Manchester | Reporter: Theo Andrew
The 50-acre site consists of 679,845 square feet of internal space, spread across 45 industrial units and two office buildings
Norges grows central Paris portfolio for €462 million
28 July 2017 | Paris | Reporter: Theo Andrew
The acquisition grows Norges’s portfolio in the french capital, after it purchased Vendôme Saint-Honoré for €1 billion in December 2016
US pension funds favour real estate
28 July 2017 | Atlanta | Reporter: Theo Andrew
New investment commitments into real assets increased from 70 in Q1 2017 to 85 in Q2, according to the data company’s Public Plan IQ solution
Starlight JV shoots for $1.3 billion apartment portfolio
28 July 2017 | Toronto | Reporter: Theo Andrew
Starlight Investments is partnering with two global institutional investors to acquire $1.3 billion-worth of newly-built multi-family assets in the southern US
Walkie Talkie deal is UK's biggest, over
27 July 2017 | London | Reporter: Mark Dugdale
Hong Kong conglomerate LKK Health Products Group has bought 20 Fenchurch Street for £1.23 billion, the largest ever UK single-property deal
CPPIB invests £250 million intu properties
27 July 2017 | Manchester | Reporter: Theo Andrew
The junior security will help facilitate the asset manager’s corporate business plan, and is supported by intu’s ownership of the 1.9 million-square foot Trafford Centre in Manchester
Nelson Mullins adds real estate attorney Sue Davis to Boston office
27 July 2017 | Boston | Reporter: Theo Andrew
Prior to joining Nelson Mullins & Scarborough, Davis spent 12 years at Riemer & Braunstein, most recently as partner
Allianz finances Liffey Valley for German pension fund
27 July 2017 | Dublin | Reporter: Theo Andrew
The seven-year fixed-rate loan was made on behalf of several Allianz entities at an “attractive all-in rate and a conservative loan-to-value ratio”
Dillon Eustace names head of real estate
26 July 2017 | Dublin | Reporter: Theo Andrew
O’Hara is the second real estate partner appointment at Dillon Eustace in four months, after Martin Colman joined the firm in March
UBS AM strengthens ties in Madrid
26 July 2017 | Madrid | Reporter: Theo Andrew
UBS Asset Management’s Real Estate and Private Markets business has acquired an office building in Madrid for €38.5 million
Universities Superannuation Scheme invests in UK water
26 July 2017 | London | Reporter: Mark Dugdale
The Universities Superannuation Scheme has secured a 10.94 percent stake in Thames Water, the UK’s largest regulated water utility company
Private equity deals in Q2 2017 boosted by large assets
26 July 2017 | London | Reporter: Theo Andrew
A total of 887 deals were completed in Q2, up from 770 in Q1, of which 52 percent were valued at $50 million or less, the lowest number ever tracked by Preqin
Asian investors drive London's CRE to bumper H1
25 July 2017 | London | Reporter: Theo Andrew
Most notably, demand for trophy assets remained strong, with the 10 largest of the 64 deals transacted in H1 2017 accounting for £3.4 billion
Eco Medical commits $300 million to West African hospital
25 July 2015 | Accra | Reporter: Theo Andrew
Located in Accra, Ghana, the 380-ward hospital will be developed with $100 million in equity and a further $200 million in debt capital
BNP Paribas grows retail team
24 July 2017 | Hamburg | Reporter: Theo Andrew
Based in Hamburg, Wehmhöner will also be working in the bank’s London and Paris offices
$700 million Australian office portfolio hits the market
24 July 2017 | Melbourne | Reporter: Theo Andrew
Guided by CBRE and JLL, the portfolio can be purchased as a portfolio or individually
Hines buys Allianz Campus Berlin for Korean investor
24 July 2017 | Berlin | Reporter: Katherine Brown
Purchased from Corpus Sireo Real Estate, the 645,835-square foot office will be managed by Hines on a long-term basis
CalSTRS’ reports 8.1 percent real estate returns for fiscal year
24 July 2017 | California | Reporter: Theo Andrew
The announcement comes just a week after the pension fund said it would struggle to meet its real estate investment return objective of 8 percent by 2020
Top-end investors leaving hedge funds for real estate safe haven
21 July 2018 | London | Reporter: Theo Andrew
Factors such as low interest rates, well priced public equity markets and anticipation of a regulatory role-back have all helped boost investor confidence into real estate
San Diego pension fund plans sale of DAM assets
21 July 2017 | San Diego | Reporter: Theo Andrew
The pension fund has already committed to investing $47 million into RREEF America REIT II, a US open-ended core fund
M&G grows Nordic portfolio with industrial purchase
21 July 2017 | Denmark | Reporter: Theo Andrew
M&G Real Estate has acquired an industrial portfolio of three assets in Denmark, for €59.3 million
AXA IM - Real Assets completes Bodio Centre purchase
20 July 2017 | Milan | Reporter: Theo Andrew
AXA IM - Real Assets acquired the additional two office buildings and two retail assets in 2013
J.P. Morgan bags Denver apartments for $127.4 million
20 July 2017 | Denver | Reporter: Theo Andrew
Completed in 2015 at a development cost of $88 million, the class-A community spans 300 units with an average size of 1,243 square feet
UBS fully commits £242 million debt fund
19 July 2017 | London | Reporter: Theo Andrew
Since its final close in December 2015, the £242 million closed-ended fund has made 17 loans, building a portfolio of 74 assets across England and Scotland
Redefine covets larger share of International Hotel Properties
19 July 2017 | London | Reporter: Theo Andrew
Consideration will be made through the issue of 2.5 Redefine shares for every 1 IHL share held, meaning over 45.8 million of new Redefine shares will be allotted
Dutch Merin portfolio sold to Dream Global for €622 million
18 July 2017 | Amsterdam | Reporter: Theo Andrew
The deal represents a capitalisation rate of 8 percent for the 135 properties, which collectively include 7.7 million square feet of gross lettable area
JV purchase Manchester office for £105 million
18 July 2017 | Manchester | Reporter: Theo Andrew
A joint venture between M&G Real Estate, an Asian investor and a West Yorkshire pension fund has acquired an office building in Manchester for £105 million
British Land announces £300 million share buy-back
18 July 2017 | London | Reporter: Theo Andrew
According to the company, since the start of the financial year, British Land has managed to sell assets into a strong investment market
Invesco announces third European hotel fund
17 July 2017 | Berlin | Reporter: Theo Andrew
The European Hotel Fund is seeded with four assets across the Netherlands and Germany, with a value totalling €200 million
Madison finances former brewery project in Brooklyn
17 July 2017 | New York | Reporter: Theo Andrew
The project consists of two buildings spanning 92,940 square metres, and is made up of 911 apartments
LRI Group targets pension trusts with €600 million real estate fund
17 July 2017 | Luxembourg | Reporter: Theo Andrew
The group launched a specialised investment fund that is aiming to attract institutional investors such as pension funds and insurance companies
CPPIB buys 50 percent of UK tech park for $200 million
14 July 2017 | Oxford | Reporter: Theo Andrew
The deal strengthens existing ties between CPPIB and Hermes, who already manage assets in central London, Leeds and Birmingham
Bain Capital Credit has acquired Spanish and Portuguese sub-performing loans, primarily in real estate debt, totalling almost €1 billion
CPPIB pumps $830 million on Irish natural gas field
13 July 2017 | Toronto | Reporter: Theo Andrew
CPPIB will acquire 100 percent of Shell E&P Ireland, which holds Shell’s 45 percent interest in Corrib
M&G strengthens senior management team across Asia
13 July 2017 | Tokyo | Reporter: Theo Andrew
In Singapore, Richard van den Berg (pictured) will join as fund manager of the group’s core Asia property strategy
Curlew seals £23.6 million financing for Bournemouth student development
12 July 2016 | Bournemouth | Reporter: Theo Andrew
It brings Investec's lending total to Curfew to £71.3 million, after agreeing £47.7 million of financing in April for a 527-bed student development in East London
Pension fund considers ways to overcome real estate challenges
12 July 2017 | California | Reporter: Mark Dugdale
The California State Teachers Retirement System faces a challenge in trying to meet its overall real estate investment return objective of 8 percent by 2020, the pension fund’s real estate team has said
Kimco Realty bags $131.8 million Oregon retail centre
12 July 2017 | Portland, Oregon | Reporter: Theo Andrew
Kimco Realty Corp has acquired Jantzen Beach Centre in Portland, Oregon, for $131.8 million
Westwood Financial expands leadership team with new SVP
12 July 2017 | Dallas, Texas | Reporter: Theo Andrew
Westwood Financial has named Stuart Brackenridge as senior vice president of acquisitions, responsible for directing the expansion of its retail portfolio
Flight at Tustin office development set to take off
11 July 2017 | Orange County | Reporter: Theo Andrew
HFF arranged the three-year construction loan for the 470,000-square foot creative office campus through Acore Capital and iStar
MUFG will act as the lead arranger on the three-year facility, and after the three years, BAE Systems Pension Fund will provide a £75 million placement note at pre-agreed rates
M7 boosts asset management team
11 July 2017 | Frankfurt | Reporter: Theo Andrew
Based in Frankfurt, Jakubowicz will manage the both the Dusseldorf and Frankfurt offices
JV secures $200 million financing for Fifth Avenue development
10 July 2017 | New York | Reporter: Theo Andrew
The 71-storey, 425,000-square foot mixed-use property will comprise 33,000 square feet of retail, a five-star hotel and luxury apartments
Knight Frank names new partner in investment management team
10 July 2017 | London | Reporter: Theo Andrew
Johnson, who will take on the position of partner, will be responsible for “sourcing and identifying stock that will meet [KFIM’s] clients’ targeted investment returns”
M&G RE enters Luxembourg with £71 million office purchase
10 July 2017 | Luxembourg | Reporter: Theo Andrew
The five-storey building currently has long-term tenants including the State of Luxembourg, Bain Capital and Alsa
Columbia Property and Allianz finalise $1.26 billion JV
10 July 2017 | San Francisco | Reporter: Theo Andrew
The joint venture will target class-A properties in gateway markets in the US
CBRE GI bolsters logistics team
10 July 2017 | London | Reporter: Theo Andrew
Lagarde will oversee the performance of pooled funds, including the European Industrial Fund
Allianz acquires landmark Vienna office
7 July 2017 | Vienna | Reporter: Theo Andrew
The 88,000-square metre office building was purchased from Signa Development Selection on behalf of seven Allianz companies
Oslo warehouse purchased for £49.4 million
7 July 2017 | Oslo | Reporter: Theo Andrew
The Norwegian property owner and developer purchased the 25,000-square metre office and warehouse space located in Berger Industrial Park
CPPIB’s Graeme Eadie steps down
7 July 2017 | Toronto | Reporter: Theo Andrew
Eadie, who has been with the Canadian pension fund for the past 12 years, will be replaced by Ed Cass
Ivanhoé Cambridge refinances NY office tower with ‘green bond’
7 July 2017 | New York | Reporter: Mark Dugdale
Ivanhoé Cambridge bought the property in conjunction with Callahan Capital Properties earlier this year for approximately $650 million
Lithuania’s Lords LB eyes up Latvia office development
07 July 2017 | Riga | Reporter: Mark Dugdale
Lithuanian investment management company Lords LB Asset Management is planning to invest more than €200 million in an office development in Riga, Latvia
CBRE GI Dutch Retail Fund secures £120m refinancing
6 July 2017 | Amsterdam | Reporter: Theo Andrew
Financed by ING Bank, the loan will run for eight years
HFF names Tom Hall as managing director in New York
6 July 2017 | New York | Reporter: Theo Andrew
Hall joins HFF from Mission Capital where he spent seven years, most recently managing director
Greystar purchase Monogram Residential Trust for $3 billion
6 July 2017 | Texas | Reporter: Theo Andrew
Purchased on behalf of the Greystar Growth and Income Fund, Monogram was sold at a share price of $12 per share
AXA IM - Real Assets enters Finnish residential market
5 July 2017 | Helsinki | Reporter: Theo Andrew
Totalling around 6,648 square metres, the properties consist of 119 apartments
In a survey of 3,000 investors, Germany emerged as the second most popular market with 24 percent of investors selecting the location, while 21 percent chose the US
PGGM and Rockspring JV targets Berlin with €250 million
5 July 2017 | Berlin | Reporter: Theo Andrew
According to Guido Verhoef, head of PGGM, the joint venture will close on four to six transactions over the next 18 months, focusing on “making office buildings which are located in upcoming locations more energy efficient”
The South-African listed retail property specialist purchased the parks, totalling 117,700 square metres, on behalf of its Spanish REIT Castellana Property Socimi
Investcorp enters European market with logistics buy
4 July 2017 | Doncaster | Reporter: Theo Andrew
The acquisitions seed the group's UK industrial and logistics programme following the success of its US logistics arm
CPPIB buys Houston’s Parkway REIT for $1.2 billion
3 July 2017 | Houston | Reporter: Theo Andrew
Parkway’s portfolio, the largest in Houston, consists of 8.7 million square feet across 19 properties, which were 87.6 percent let as of 31 March 2017
Copyright Building in London acquired for €186 million
3 July 2017 | London | Reporter: Theo Andrew
Purchased on behalf of open-ended property fund UniImmo: Europa, the 10,000-square metre mixed-use property is situated in Fitzrovia London
CBRE GI buys Plaza Catalunya asset for €64.7 million
3 July 2017 | Barcelona | Reporter: Theo Andrew
The 8,126-square metre property, 6-8 Career de Fontanella, was purchased in an off-market deal from Avignon Capital
German resi developer Noratis AG lists on Frankfurt Stock Exchange
30 June 2017 | Frankfurt | Reporter: Theo Andrew
The IPO was accompanied by ICF Bank with an issue price of €18.75 per share
Phoenix bags Denver housing community for $57.8 million
30 June 2017 | Denver | Reporter: Katherine Brown
The 312-unit, garden-style community consists of nine residential buildings made up of one- and two-bedroom properties
Government Properties snaps up First Potomac for $1.4bn
29 June 2017 | Massachusetts | Reporter: Theo Andrew
The cash deal, expected to close at the end of this year, will see FPO receive $11.15 per share, or $683 million in total
CBRE purchase London hotel in pension club deal
29 June 2017 | London | Reporter: Theo Andrew
The 494-bedroom hotel generates an annual rental income of over £5.6 million to be reviewed yearly to the Retail Price Index
Rockspring raises €50 million for PanEuropean fund
28 June 2018 | Berlin | Reporter: Theo Andrew
It takes the fund a third of the way to its €150 million target, which will be deployed into office, logistics and retail assets in European growth markets
St Modwen names new director of strategy and research
28 June | London | Reporter: Theo Andrew
Reporting to chief executive Mark Allan, Simon will be responsible for enhancing the group’s knowledge of its core-markets
African real estate attractive but fragmented, report says
27 June 2017 | London | Reporter: Theo Andrew
Significant improvements in infrastructure, most notably water, sanitation, power and telecoms are considered ‘critical’ for future commercial and residential developments
LondonMetric purchased the 231,000-square foot property in 2012 for £50.2 million, reflecting a net initial yield of 8.9 percent
Inland Homes gets green light for £28 million hotel and resi development
26 June 2017 | Bournemouth | Reporter: Theo Andrew
In addition, Inland Homes has sold two pieces of land with planning consent for 85 units for £9.6 million, with construction contracts totalling £11.6 million for the sites
AXA IM Real Assets further strengthens infrastructure team
26 June 2017 | Paris | Reporter: Theo Andrew
Gailleton’s appointment follows the arrival of Jeffery Woodard as principal to the infrastructure team in May
Workspace acquires Grade-II listed building for £158.7 million
26 June 2017 | London | Reporter: Theo Andrew
The 240,000-square foot multi-let property is currently 90 percent let to 105 tenants, generating a net rental income of £8.1 million last year
Deutsche AM purchases London’s Bankside offices
26 June 2016 | London | Reporter: Theo Andrew
Purchased from M&G Real Estate, the two nine-storey buildings span 38,500 square metres of office space, which is fully-let to Royal Bank of Scotland
Dolphin Living makes splash with Retail Charity Bond
23 June 2017 | London | Reporter: Theo Andrew
The money raised will be invested in Dolphin Living’s London portfolio, which includes 196 homes currently under development
New York apartment block bagged for $57 million
23 June 2017 | New York | Reporter: Theo Andrew
The 53,000-square foot 12-storey property consists of 54 one-, two- and three-bedroom newly-refurbished units
AEW Germany fund hits €118 million on first close
22 June 2017 | Berlin | Reporter: Theo Andrew
Focusing on Germany’s seven main cities, the fund will also strategically target other established office locations around the country
Wanda HK acquires Nine Elms Square for £470 million
21 June 2017 | London | Reporter: Theo Andrew
Vinci St. Modwen, the 50/50 joint venture between St. Mowden Properties and Vinci expects to complete the sale of the 10-acre site later this summer
Majority stake in Barcelona Hilton bagged by AXA IM - Real Assets
21 June 2017 | Barcelona | Reporter: Theo Andrew
Purchased from Iberdrola Inmobiliaria on behalf of AXA Insurance Companies, the 4-star hotel is currently operated by Hilton Hotels on a long-term lease
UK self-storage market expands for third year running
21 June 2017 | London | Reporter: Theo Andrew
The UK now accounts for 47 percent of Europe’s self-storage space, according to the UK Annual Industry Report
Hermes dispatches East London portfolio to Great Portland Estates
20 June 2017 | London | Reporter: Theo Andrew
Spanning 1.1 acres, the properties are located between Aldgate and the new Whitechapel Crossrail Station
Blackstone takes majority stake in UK’s The Office Group
20 June 2017 | London | Reporter: Theo Andrew
The Office Group is a UK provider of flexible workspace and has a portfolio of 36 properties, mainly located in London
CBRE boosts French transaction team
19 June 2017 | Paris | Reporter: Theo Andrew
Based in Paris, Oliver Gérard will be responsible for the management of CBRE’s advisory and transactions and capital markets teams
The almost 9.6 million shares represent 12.95 percent of Icade’s share capital, sold at a value of €74.50 per share
Madison Realty and DDR recapitalise $1.05 billion retail fund
19 June 2017 | Ohio | Reporter: Theo Andrew
The transaction was made with a $707 million mortgage loan which includes the repayment of all outstanding mortgage debt
Carlyle Group commits £150 million to London flexible office space
16 June 2017 | London | Reporter: Theo Andrew
Adir Group will manage the business as part of a joint venture
Tunstall and Starwood Capital acquire Pinnacle Group
16 June 2017 | London | Reporter: Theo Andrew
The joint venture’s investment will allow the company to deliver large-scale regeneration projects in the UK housing market
The Hampshire Companies has sold a six-building industrial portfolio in northern New Jersey for $146.9 million to an undisclosed buyer
Seattle office bagged for $330 million
15 June 2017 | Seattle | Reporter: Theo Andrew
Located in the Denny Triangle submarket, the 35,000-square foot, 21-storey property is 98.4 percent let to online retailer Amazon
UBS AM snaps up two Spanish warehouses
15 June 2017 | Madrid | Reporter: Theo Andrew
The PP10 Warehouses, which are fully-let, were constructed in 2008 and provide a mix of office and warehouse space totalling 34,968 square metre.
Grainger acquire Manchester PRS scheme for £22.1 million
15 June 2017 | Manchester | Reporter: Theo Andrew
The 140,800-square foot development was sold by joint venture between Kennedy Wilson and Fairfax Financial Holdings
Henderson Park recruits Stephen Ward
14 June 2017 | London | Reporter: Theo Andrew
Stephen Ward was most recently vice president in J.P Morgan’s US real estate, gaming and lodging investment banking group
New infrastructure debt and equity indices show promise
14 June 2017 | Singapore | Reporter: Mark Dugdale
EDHEC Infrastructure Institute-Singapore is releasing 384 infrastructure debt and equity indices that have been hailed as a game-changer in the way investors measure infrastructure investment performance
AEW to build €100 million portfolio for pension fund
13 June 2017 | Frankfurt | Reporter: Mark Dugdale
AEW has won a €100 million separate account mandate from an unnamed German pension fund
Capital & Regional new chief executive takes the reigns
13 June 2016 | London | Reporter: Theo Andrew
Lawrence Hutchings has officially taken over as chief executive of Capital & Regional
Education vital for future of non-traded REITs
12 June 2017 | New York | Reporter: Theo Andrew
Industry-wide education is essential to ensuring a strong future for non-traded REITs following a flurry of regulatory changes, according to a panel of five CEOs at the Non-Traded REIT and Retail Alternative Investment Symposium
FundRock recruits Enda Fahy in Luxembourg
12 June 2017 | Luxembourg | Reporter: Mark Dugdale
FundRock Management Company has appointed Enda Fahy to lead its illiquid alternatives business in Luxembourg
Blackstone Europe V fund raises €7.8 billion
9 June 2017 | New York | Reporter: Theo Andrew
REPE Europe V is the largest ever fund dedicated to Europe and is already 20 percent invested
PRS builds the UK housing market
9 June 2017 | London | Reporter: Theo Andrew
Demand for private rented housing in the UK is growing substantially, but activity among large scale, institutional landlords in the sector is still relatively low
AXA IM - Real Assets promotes Sven Krumpholz in Germany
8 June 2017 | Cologne | Reporter: Theo Andrew
Based in Cologne, Krumpholz will be responsible for building exposure to the residential sector
TH Real Estate bolsters German logistics team
8 June 2017 | Frankfurt | Reporter: Theo Andrew
According to TH Real Estate, the appointment is part of plans to build up its German logistics portfolio to more than one million square metres
Joint venture acquire Cincinnati office for $84.5 million
7 June 2017 | Ohio | Reporter: Theo Andrew
The 368,477-square foot Mercy Health headquarters was developed and sold by Verus Partners
Internos Hotel Fund II reaches €260 million on first close
7 June 2017 | London | Reporter: Theo Andrew
Already in talks with a number of hotels, Internos plans to deploy the capital over the next 12 to 18 months
PGIM pops £21.1 million on Fizzy Living PRS scheme
7 June 2017 | London | Reporter: Theo Andrew
The loan will provide finance for two 136 class-A apartments as part of the Lewisham Gateway regeneration scheme
Mapletree digs in with student housing purchase
06 June 2017 | Boca Raton | Reporter: Mark Dugdale
Mapletree Investments has bought another portfolio of student housing beds from Kayne Real Estate Advisors, taking the aggregate value of its transactions to $1.6 billion
Blackstone sells Logicor for €12.25 billion
06 June 2016 | London | Reporter: Mark Dugdale
Blackstone has confirmed the sale of the European logistics company Logicor to China Investment Corporation for €12.25 billion
Greystar commits £101 million to repackage Royal Mail land in London
05 June 2017 | London | Reporter: Stephanie Palmer
Royal Mail has agreed the £101 million sale of two plots of land in Wandsworth, London to Greystar, which is planning a luxury build-to-rent development on the site
Grant Thornton builds on real estate expertise
05 June 2017 | London | Reporter: Stephanie Palmer
Financial advisory Grant Thornton has bolstered its real estate tax team with the appointment of Sarah Gatehouse as a director in the department
LaSalle completes trio of Prague office investments
05 June 2017 | Prague | Reporter: Stephanie Palmer
LaSalle Investment Management has acquired the River Garden I office complex in Prague for €57 million, on behalf of its LaVA mandate
HFF in $170 million retail refinancing
02 June 2017 | California | Reporter: Stephanie Palmer
Holliday Fenoglio Fowler has arranged $170 million in refinancing for a 33-property retail portfolio in northern California
Hatton Garden property in £30 million sale
02 June 2017 | London | Reporter: Stephanie Palmer
Orchard Street has acquired a mixed-use property in London’s jewellery quarter Hatton Garden, for £28.8 million
Invesco delivers another London BTR development
01 June 2017 | London | Reporter: Stephanie Palmer
Invesco Real Estate has delivered on 119 build-to-rent (BTR) units in Hayes, West London, on behalf of the Lancashire County Pension Fund
Fitch: Retail centres likely to double up as distribution assets
01 June 2017 | London | Reporter: Stephanie Palmer
The rise of ecommerce is likely to lead to a convergence in retail and industrial distribution real estate assets, according to Fitch Ratings
SFO investigates £120 million self-storage pension fraud
31 May 2017 | London | Reporter: Theo Andrew
The Serious Fraud Office is investigating allegedly fraudulent pension schemes targeting investors into self-storage facilities
LondonMetric boosts logistics portfolio with trio of acquisitions
31 May 2017 | London | Reporter: Stephanie Palmer
LondonMetric Property has acquired three logistics warehouses in the UK for a total of £23.9 million
AEW brings in Busse as logistics fund targets Germany
31 May 2017 | Frankfurt | Reporter: Mark Dugdale
Busse has joined AEW as director based in Frankfurt. He will report to Thomas Leinberger
Joint venture acquires New York trophy office for $650 million
30 May 2017 | New York | Reporter: Theo Andrew
The 1.1 million-square foot office tower stands 30 storeys high on Broad Street in Downtown Manhattan
Invesco pledges £54.5 million to BTR project
30 May 2017 | London | Reporter: Theo Andrew
The ‘East Tower’ project, to be delivered in partnership with CNM Estate, will consist of a 20-storey development with 1-, 2- and 3-bed apartments
Greenwood will join the audit, nomination and remuneration committees of the board, and will become chair of the remuneration committee in 2018, succeeding Lesley James
The Leadenhall Building acquired for £1.15 billion
26 May 2017 | London | Reporter: Theo Andrew
CC Land has completed the acquisition of The Leadenhall Building in London for £1.15 billion
BMO Real Estate Partners purchase two Westwood retail parks
26 May 2017 | Kent | Reporter: Theo Andrew
BMO Real Estate Partners has acquired two retail parks in Kent on behalf of its clients for £80 million from Hammerson
Blackstone leapfrogs Brookfield to top list of global real estate AUM
25 May 2017 | Amsterdam | Reporter: Theo Andrew
Brookfield came in second, while PGIM ranked third, jumping six places on the previous year
China Life recapitalises ElmTree portfolio for $950 million
25 May 2017 | St. Louis | Reporter: Theo Andrew
In a partnership structured as a joint venture, US private equity firm ElmTree Funds will continue to manage its 48 single-tenant properties
Blackstone plans $40 billion US infrastructure fund
25 May 2017 | New York | Reporter: Theo Andrew
Including additional debt finance, Blackstone plans to invest more than $100 billion in US infrastructure projects
Joint venture buys Seattle Facebook office
24 May 2017 | Seattle | Reporter: Theo Andrew
Commerz purchased its stake in the 32,000-square metre office building for its open-ended real estate fund hausInvest
CPPIB’s real assets investment hits $73.1 billion
23 May 2017 | Toronto | Reporter: Theo Andrew
The pension fund ended the fiscal year with net assets of CAD 316.7 billion, a CAD 37.8 billion increase on 2016
Schroder and IED acquire Seville shopping centre
23 May 2017 | Seville | Reporter: Theo Andrew
Schroder purchased 50 percent of the asset for its European Real Estate Investment Trust (SEREIT), reflecting a net initial yield of 6.2 percent
Benson Elliot announces executive shake-up
23 May 2017 | London | Reporter: Theo Andrew
Mogull was previously managing partner, and Barrigan held the title of senior partner. The pair launched the company in 2006.
Barings kick starts global brand Initiative
23 May 2017 | London | Reporter: Theo Andrew
The central theme, ‘Adaptability - the new look of partnership’, is intended to highlight the opportunities Barings offers across liquid and illiquid assets globally
M&G bags Berlin office asset for €94.1 million
22 May 2017 | Berlin | Reporter: Theo Andrew
Located in Berlin’s Wilmersdorf district and recently refurbished, the property’s tenants include the Institute for Federal Real Estate and Paypal
New York leads way in global construction price rise
22 May 2017 | New York | Reporter: Theo Andrew
The survey, which compiles data from Turner & Townsend in 43 global markets, also found that construction costs are set to increase on average by 3.5 percent in 2017
The portfolio consists of 198 units across one property in Prospect Heights, seven in Crown Heights, two in Williamsburg and seven in Bedford-Stuyvesant
LaSalle hires Chris Lawrence as portfolio manager
19 May 2017 | Toronto | Reporter: Theo Andrew
Based in Toronto, Lawrence will be responsible for the investment strategy and transactional execution for LaSalle’s closed-end, value-add funds
The REIT will target shopping centres that are over 80 percent occupied and anchored by a leading grocery provider
Hammerson appoints COO to strengthen outlets team
19 May 2017 | Paris | Reporter: Theo Andrew
The newly created role will be responsible for overseeing its Value Retail and VIA fund
Deyaar names Yardi Voyager as property manager
18 May 2017 | Dubai | Reporter: Theo Andrew
Voyager 7S will streamline property accounting, lease and property management
Dream Global REIT lands Brussels Airport Plaza
17 May 2017 | Brussels | Reporter: Theo Andrew
The acquisition was funded through the REIT’s March equity offering, when it raised $115 million, as well as proceeds from its revolving credit facility
Pension scheme ERAFP announces portfolio management mandate
17 May 2017 | Paris | Reporter: Theo Andrew
ERAFP will invest approximately €200 million in the first three years
AXA IM Real Assets name new global head of client capital
17 May 2017 | Paris | Reporter: Theo Andrew
Charles Daulon du Laurens will lead the new client capital group, comprising of investor relations professionals across Asia, North America and Europe, the Middle East and Africa
Schroders bags two more office assets
17 May 2017 | Exeter | Reporter: Theo Andrew
The Senate in Exeter and London Court in Reigate were acquired for £15.7 million and £11.5 million, respectively, reflecting a total net initial yield of 7.1 percent
TH Real Estate strengthens debt team
16 May 2017 | San Francisco | Reporter: Theo Andrew
TH Real Estate has appointed Mike Jameson and Rick Dugoff to newly created executive roles
Aerium refinance Luxembourg office for €104 million
16 May 2017 | Luxembourg | Reporter: Theo Andrew
It provides funding diversification for Aerium and potential for future financing with Nomura, as Aerium continues to target the Benelux region, according to a statement
CPPIB and IndoSpace launch Indian logistics joint venture
16 May 2017 | Toronto | Reporter: Theo Andrew
The Canada Pension Plan Investment Board has committed approximately $500 million and will own a significant majority stake in the joint venture
$40.7 million loan secured for Nashville hotel development
16 May 2017 | Nashville | Reporter: Theo Andrew
Financing for the 201-room hotel was secured with a loan from Citizens Bank for the joint venture between Hyatt and Atlanta-based Songy Highroads
J.P. Morgan purchases Dublin office development
15 May 2017 | Dublin | Reporter: Theo Andrew
Capable of accommodating 1,000 staff, it will give the US investment bank flexibility across the EU as the UK prepares to leave
BNY Mellon eyes real estate push, names two CEOs
15 May 2017 | New York | Reporter: Theo Andrew
Frank La Salla has been promoted to CEO of its corporate trust business. Chandish Iyer will take over as CEO of alternative investment services and structured products
M7 purchase 15 Dutch assets for €55 million
15 May 2017 | Amsterdam | Reporter: Theo Andrew
The acquisitions were made on behalf of M7’s European Real Estate Investment Partners IV fund
Northland acquire multi-housing community for $52.9 million
12 May 2017 | Florida | Reporter: Theo Andrew
HFF brokered the sale of the 311-unit, multi-housing community, located at 23700 Viento Drive
Investors cautious over emerging fund managers
12 May 2017 | London | Reporter: Theo Andrew
First or second-time fund managers closed 72 funds last year raising $11 billion, down from the 100 closed in 2015, which raised $16 billion
Dennis Lopez appointed CEO of QuadReal Property Group
12 May 2017 | London | Reporter: Theo Andrew
Lopez was a key player in turning the firm from a Europe-focused real estate manager to a global leader in real estate
HFF brings in Andrew Briner
11 May 2017 | Los Angeles | Reporter: Theo Andrew
Briner has closed more than $24 billion in dispositions and recapitalisations nationally
AEW UK long lease IPO targets £150 million
11 May | London | Reporter: Theo Andrew
The portfolio will focus on acquiring assets with weighted average unexpired lease terms of 18 years and inflation linkage on at least 85 percent of the portfolio’s gross passing rent
Investec fund Savills IM and Epsilon joint venture
10 May 2017 | London | Reporter: Theo Andrew
The funding will help the joint venture develop a residential scheme of 31 apartments and four townhouse units in London
Tricon completes Silver Bay deal
10 May 2017 | Toronto | Reporter: Mark Dugdale
The transaction values Silver Bay, a single-family property specialist based in Maryland, at an enterprise value of approximately $1.4 billion
INPP raises £330 million
10 May 2017 | London | Reporter: Mark Dugdale
International Public Partnerships has raised £330 million on the London Stock Exchange
M7 Central European fund adds two more Budapest assets
9 May 2017 | Budapest | Reporter: Theo Andrew
The purchases were made on behalf of the M7 Central European Real Estate Fund I, its first Central European fund for third-party investors, which has now closed at €84 million of assets
CBRE GIP sells Reading Retail Park
9 May 2017 | Reading | Reporter: Theo Andrew
The property comprises eight retail warehouse units spanning 118,255 square feet, including 430 car parking spaces, and is located to the west of the town
High Street Realty fund raises $350 million
8 May 2017 | San Francisco | Reporter: Theo Andrew
The fund reached its hard cap and will look to acquire approximately $700 million of industrial assets
CBRE GIP bag Italian retail portfolio
8 May 2017 | Bologna | Reporter: Theo Andrew
The portfolio features nine properties in historic city centres including Bologna, Pisa and Vicenza, and was sourced by TRIUVA
Sovereign wealth funds increase real estate allocation
8 May 2017 | London | Reporter: Theo Andrew
Real estate remains the third most popular asset class for sovereign funds, behind public equities and fixed income, which have both seen the number of funds investing decrease in the past two years
Pension funds given three-year exemption to EMIR central clearing
5 May 2017 | Brussels | Reporter: Mark Dugdale
Pension funds have been handed a three-year exemption from central clearing of over-the-counter derivatives under the European Market Infrastructure Regulation
Rockspring Iberia promotes John Thompson to managing director
5 May 2017 | Madrid | Reporter: Theo Andrew
Thompson joined the firm in 2006 and has assumed more managerial responsibility since James Preston became part-time in 2013
CPPIB and Oxford Properties acquire Toronto harbour building
5 May 2017 | Toronto | Reporter: Theo Andrew
The Canada Pension Plan Investment Board and Oxford Properties Group have each acquired a 50 percent stake in the Toronto harbour property for $96 million
Passco snaps up multifamily asset for $53.5 million
4 May 2017 | Florida | Reporter: Theo Andrew
The 260-unit asset is located in the submarket of Estero in the Fort Myers and Cape Coral area, approximately five miles from the Southwest Florida International Airport
AXA IM Real Assets boosts infrastructure equity team
4 May 2017 | London | Reporter: Theo Andrew
Woodard will be responsible for leading investment execution into the OECD infrastructure equity market in Western Europe at AXA IM Real Assets
PERA New Mexico search for real asset specialist
4 May 2017 | Albuquerque | Reporter: Theo Andrew
The pension fund is seeking advice on a diversified portfolio of liquid securities backed by, or related to, tangible assets
Strong Q1 reported for Colliers International
4 May 2017 | Toronto | Reporter: Theo Andrew
The real estate company’s revenue increased 12 percent year over year, up from $376.1 million
Henderson Park appoints two more associates
3 May 2017 | London | Reporter: Theo Andrew
Henderson Park has recruited Dr Giovanni Tira and Corey Trinetti to strengthen its services and asset management team
Pennsylvania pension fund allocates $100 million
3 May 2017 | Pennsylvania | Reporter: Theo Andrew
The investment is the first time the pension fund has used the real estate manager. It has committed the sum to the Oak Street Real Estate Capital Fund IV
The result is a 33 percent increase on this time last year and extends Germany’s lead over the UK as the premier European destination for real estate investors
AXA IM adds to logistics portfolio for €1 billion
2 May 2017 | Paris | Reporter: Theo Andrew
The portfolio was bought from Gramercy Property Europe . It sits across 1.2 million square metres, of which logistics makes up 86.5 percent with the remaining 13.5 percent consists of retail, car dealership and office assets
Barings Real Estate appoints Marco Corti in Italy expansion
28 April 2017 | Milan | Reporter: Theo Andrew
In his new role, Corti will be responsible for increasing investment and asset management in the country
COIMA board appoints independent directors
28 April 2017 | Milan | Reporter: Theo Andrew
The appointments mean seven out of nine board members are now independent
Heimstaden expands Copenhagen portfolio for €118 million
27 April 2017 | Copenhagen | Reporter: Theo Andrew
Haimstaden currently has a number of projects underway in Copenhagen, including the Bjerglandsbyen development
New director of self-storage at W.P. Carey
27 April 2017 | New York | Reporter: Theo Andrew
Boulter joins from Wasatch Storage Partners, where he was vice president of business development
PGIM debt fund raises over £1 billion
27 April 2017 | London | Reporter: Theo Andrew
The fund raised more than 80 percent of the capital in the nine months following the UK’s vote to leave the EU in June
WELPUT fund sell £135 million London office
26 April 2017 | London | Reporter: Theo Andrew
The deal, made on behalf of Schroder’s West End of London Property Unit Trust (WELPUT) fund, reflects a net initial yield of 3.96 percent
Clifford Chance promotes Matt Taylor to real estate partner
26 April 2017 | London | Reporter: Theo Andrew
Taylor has been in the real estate arm of Clifford Chance for the past 10 years, joining the law firm in 2005 as a trainee solicitor
European political uncertainty leading to increased Nordic investment
26 April 2017 | London | Reporter: Theo Andrew
The research found that 94 percent of European investors plan to either maintain or increase their allocation to the Nordic countries in 2017
EU referendum holds lessons for real estate funds, says AREF
25 April 2017 | London | Reporter: Theo Andrew
AREF’s survey, conducted by John Forbes Consulting, found that more accurate measures should be put in place when determining property values in times of uncertainty
Legal & General buys London industrial complex
25 April 2017 | London | Reporter: Theo Andrew
The complex, 250,910 square feet arranged over 9.26 acres, consists of a modern distribution warehouse, office building and two additional warehouses
Peter Cirenza named head of London operations at Tikehau Capital
24 April 2017 | London | Reporter: Theo Andrew
The creation of this new role is intended to broaden Tikehau Capital’s global leadership team
Kennedy Wilson Holdings to merge with European arm
24 April 2017 | London | Reporter: Theo Andrew
KW, the California based real estate company, will take full control of the merged group, expected to have a market capitalisation of approximately $4 billion
Finnish shopping centre taken on by Barings
24 April 2017 | Espoo, Finland | Reporter: Theo Andrew
Constructed in 2008, the shopping centre has a heated garage with 300 spaces and sits 25 minutes from Helsinki by train
90 North exits Siemens UK gas turbine HQ
21 April 2017 | Lincoln, UK | Reporter: Katherine Brown
Real estate investment firm 90 North has sold Feilden House in Lincoln to Siemens PLC, a global engineering and technology services company
French election to affect investor strategies
21 April 2017 | London | Reporter: Theo Andrew
Research conducted by Intertrust also found that 48 percent said the outcome of the German Federal Election in September would have the same effect
Invesco acquires 50 percent of London shopping centre
21 April 2017 | London | Reporter: Theo Andrew
Invesco has been working to increase its allocation in shopping centres and this asset is forecast to provide a solid net operating income
Investec finances Ballymore industrial sites
20 April 2017 | London | Reporter: Theo Andrew
Ballymore Group is seeking to secure residential planning consent at the sites
BNP Paribas promotes Rouse in Ireland
20 April 2017 | Dublin | Reporter: Theo Andrew
Rouse (pictured right) moves from his current position as head of investment and finance at the company, a role he has held since joining in 2014
Western National Group appoints Dan Reynolds executive managing director
20 April 2017 | California | Reporter: Theo Andrew
He joins the Western National Group after spending nearly three years as head of client capital at Blue Vista Capital Management
PGIM chooses BNY Mellon for fund admin
20 April 2017 | New York | Reporter: Stephanie Palmer
PGIM Real Estate has selected BNY Mellon Alternative Investment Services to provide fund administration for its US real estate funds
UK property prices on the up
20 April 2017 | London | Reporter: Theo Andrew
On average, prices are expected to rise by 2.2 percent to £210,400 in 2017, with all areas of the country experiencing positive growth, apart from the North East
BNP Paribas wins European retail portfolio
19 April 2017 | London | Reporter: Theo Andrew
The retail parks and shopping centres will increases BNP Paribas Real Estate’s managed portfolio by 540,000 square metres
Gijs Molenaar named head of asset management for Henderson Park
19 April 2017 | London | Reporter: Theo Andrew
Gijs Molenaar will be responsible for advising deal teams and working closely with local operating partners to create value for clients
SEB ImmoInvest will be handing over its remaining assets to the custodian bank, CACEIS, on 30 April. CACEIS will be responsible their sale
M&G Real Estate buys Marriott hotel lease
18 April 2017 | Edinburgh | Reporter: Theo Andrew
The 240 bedroom Marriott Courtyard hotel, located at Baxter’s Place, opened in 2016 after being developed by Chris Stewart Group
Deka acquires £485 million London office
18 April 2017 | London | Reporter: Theo Andrew
Developed by Hines in partnership with Network Rail and London Underground, the building offers 418,198 square feet of office space, costing approximately £360 million to develop
NREP forms €1.1 billion Nordic logistics fund
18 April 2017 | Copenhagen | Reporter: Theo Andrew
Located across prime nordic logistics hubs, the fund will take a long-term approach to the Nordic logistics market, growing the portfolio over time, according to NREP
Ford to step down in Capital & Regional re-shuffle
13 April 2017 | London | Reporter: Theo Andrew
Currently executive director, Ford will continue to work full-time on a number of key development initiatives until 31 December 2017
Dublin Corporate Centre, California, acquired by Hines
12 April 2017 | California | Reporter: Theo Andrew
The property sits close to public transport, making the San Francisco and Silicon Valley economic hubs easily accessible
Joint venture invests £116 million on PRS portfolio
12 April 2017 | London | Reporter: Theo Andrew
The announcement of the joint venture comes after the February release of a housing white paper from the UK government, encouraging institutional investment into the PRS
AEW UK bags Essex industrial unit
12 April 2017 | Essex | Reporter: Theo Andrew
Fully let to four tenants, it has a weighted average unexpired lease term of under four years to lease breaks and six years to expiry
DCAM and Blackstone join forces on logistics partnership
11 April 2017 | London | Reporter: Stephanie Palmer
Delin Capital Asset Management has partnered with Blackstone’s Core+ business on acquiring logistics assets in Germany, the Benelux region and the UK
India real estate deals hit $3.42 billion
11 April | Mumbai | Reporter: Mark Dugdale
Venture Intelligence’s latest report on Indian private equity investments in real estate identified a 66.4 percent increase in value over the previous quarter’s $2.05 billion from 24 transactions
Natalie Savier Lacour joins AXA IM
11 April 2017 | Paris | Reporter: Theo Andrew
AXA Investment Management - Real Assets has appointed Natalie Savier Lacour as senior development manager for France, effective immediately
NAMI - AEW Europe acquires Brussels Louise Centre
10 April 2017 | Brussels | Reporter: Theo Andrew
The 16,146-square metre office building, acquired from AXA IM, has over 30 tenants including The United Nations
London’s Warwick Building sells for £56.6 million
10 April 2017 | London | Reporter: Theo Andrew
Located within Kensington Village, next to Battersea Park, the Victorian warehouse comprises five storeys with planning permission to develop two more
Madrid logistics park acquired for €35 million
7 April 2017 | Madrid | Reporter: Theo Andrew
According to Barings, the company is hoping to capitalise on a heavily under-supplied area, with GDP growth and rising employment rates, plus a trend of increasing internet sales
Joint venture snaps up San Leandro apartments for $36.6 million
7 April 2017 | California | Reporter: Katherine Brown
The joint venture purchased the 146-unit residential property, located at at 77-85 Estabrook Street in East Bay, from the John Sullins family
Redefine International pounces on German Leopard portfolio
7 April 2017 | Berlin | Reporter: Theo Andrew
The company’s stake in the 66-strong retail portfolio will rise from 50 percent to 94 percent, leaving its partner Redefine Global with the remaining 6 percent
Thor Equities snags €15m Paris retail space
7 April 2017 | Paris | Reporter: Theo Andrew
The property offers 267 square metres of retail space on the corner of Rue Bernard Palissy in the left bank of Paris
Raintree Partners responds to portfolio growth with two new senior hires
6 April 2017 | California | Reporter: Theo Andrew
Annette Thurman will be responsible for overseeing Raintree’s capital improvement programme
Investec puts up £47.7 million for London student development
6 April 2017 | London | Reporter: Theo Andrew
The senior debt loan to Curlew Student Trust will help develop a 527-bed Grade-A purpose built student accommodation building
CEO switch-up at Mack-Cali
6 April 2017 | New Jersey | Reporter: Theo Andrew
DeMarco joined Mack-Cali as president and COO in 2015. Prior to joining the company, he was chief investment officer at Cantor Commercial Real Estate
Real estate fundraising slows in Q1
5 April 2017 | London | Reporter: Theo Andrew
Competition from funds has also increased since the beginning of 2017, with 21 more fund raising vehicles in the market, bringing the total to 554
PGIM finances £50m for London office
5 April 2017 | London | Reporter: Theo Andrew
The 103,555-square foot office property is thought to be worth in excess of £100 million
M7 closes first Central European fund at €60 million
4 April 2017 | Budapest | Reporter: Theo Andrew
M7 has also agreed a €68.5 million senior debt facility with Starwood European Real Estate Finance, on behalf of M7 CEREF I
Capstone AM tries Berlin HQ on for size
4 April 2017 | Berlin | Reporter: Theo Andrew
The South Korean asset manager bought the development, to be completed in Q3 2018, from UBM Development
West End investment hits £1.93 bn in record Q1
4 April 2017 | London | Reporter: Theo Andrew
Investors from Asia were the driving force behind the record numbers, which were inflated by several large deals
Leverkusen shopping centre acquired by Union Investment
4 April 2017 | Leverkusen | Reporter: Theo Andrew
The complex forms part of the Melody portfolio, which Union Investment signed a purchase agreement for in December 2016
Imperial Treasure secures letting of 8-10 Waterloo Place
3 April 2017 | London | Reporter: Theo Andrew
Located in the St James area of London, the restaurant will occupy the 8,500-square foot space comprised of a mezzanine, ground and basement floors
Joint venture snap up Amazon’s largest UK warehouse
3 April 2017 | Dunfermline | Reporter: Theo Andrew
The acquisition was led by Rasmala and was financed through a combination of equity and debt, with the latter covering 60 percent of the £61 million purchase price
Madrid logistics property acquired for €21.5 million
31 March 2017 | Madrid | Reporter: Theo Andrew
TH Real Estate has acquired a logistics centre in Madrid on behalf of its European Logistics Fund, for €21.5 million
George Smith Partners regains Davies
31 March 2017 | Los Angles | Reporter: Theo Andrew
Malcolm Davies will return to his post as principal at George Smith Partners after an eight-month stint at HFF
Spring REIT blossoms in UK acquisitions
30 March 2017 | London | Reporter: Theo Andrew
Spring Real Estate Investment Trust has agreed to acquire 84 commercial properties from Hawkeye Oval Holdco III Limited and Hawkeye Oval II LLP in the UK, for £73.5 million
CBRE sell Eastern European portfolio
30 March 2017 | Prague | Reporter: Theo Andrew
CBRE Global Investors has sold a portfolio of 11 assets, mainly shopping centres, across Eastern Europe, for €650 million
UK finally triggers Brexit
29 March 2017 | London | Reporter: Mark Dugdale
The UK has officially pulled the trigger on Article 50 and commenced the two-year negotiation process that will end in its exit from the EU
Coca Cola Berlin HQ sold to Rockspring
29 March 2017 | Berlin | Reporter: Theo Andrew
Rockspring has acquired Coca Cola’s headquarters in Berlin for €59 million, on behalf of its PanEuropean PropertyLimited Partnership fund
Segro raises £573 million in share placing
28 March 2017 | London | Reporter: Theo Andrew
Segro has successfully placed 166 million shares, raising gross proceeds of £573 million to finance its purchase of the Airport Property Partnership
Rockspring sells part of Spanish portfolio
28 March 2017 | Madrid | Reporter: Theo Andrew
Rockspring has sold part of a Spanish retail portfolio to Group Lar for €110.7 million, on behalf of a separate account mandate
LaSalle sells Nike store in Glasgow
27 March 2017 | Glasgow | Reporter: Theo Andrew
Redevco has acquired a high street retail asset in the Nike flagship store on Buchanan Street in Glasgow, for £29 million in an off-market deal
L&G invests in Bath buy-to-rent scheme
27 March 2017 | Bath | Reporter: Theo Andrew
Legal & General has acquired a city centre development in Bath for £47.5 million, and plans to develop 171 build-to-rent homes
Deutsche Bank plans new HQ in London
27 March 2017 | London | Reporter: Mark Dugdale
Deutsche Bank has signalled its commitment to staying in the UK post-Brexit by entering into negotiations over a new headquarters in London
Gothenburg office scored for SEK 1.26bn
27 March 2017 | Gothenburg | Reporter: Theo Andrew
Atrium Ljungberg has acquired an office building in Gothenburg, Sweden, for SEK 1.26 billion
New York property acquired for $19.3 million
24 March 2017 | New York | Reporter: Katherine Brown
Avanath Capital Management has acquired a residential asset at Grand Pointe Park in Poughkeepsie, New York, for $19.3 million
Logistics park coming to Barcelona
24 March 2017 | Barcelona | Reporter: Theo Andrew
Pavasal and Invesco Investment Management are developing a 49,500-square metre logistics park in Barcelona
Utrecht industrial unit acquired for €3.35m
24 March 2017 | Utrecht | Reporter: Theo Andrew
Henley360 has acquired a light industrial and office property in an off-market deal in Utrecht, the Netherlands, for €3.35 million
London gym acquired for £12.95 million
24 March 2017 | London | Reporter: Theo Andrew
Orchard Street Investment Management has acquired the freehold of a gym in Wandsworth, London, for £12.95 million
Bruer named Tritax's head of research
24 March 2017 | London | Reporter: Theo Andrew
Tritax Big Box REIT has appointed Sally Bruer as head of research, responsible for delivering investment market insight and analysis into the UK warehouse space
LondonMetric raises £95.5 million in share placing
23 March 2017 | London | Reporter: Theo Andrew
LondonMetric has successfully placed 62.8 million shares at 152 pence per share, a valuation that will raise gross proceeds of £95.5 million for its last-mile distribution portfolio
M&G and Durkan partner in £71.4 million London homes development
23 March 2017 | London | Reporter: Theo Andrew
M&G Real Estate and property developer Durkan have joined forces on a £71.4 million deal to finance and build 206 private rental homes in Ilford, London
Fess Wofse named as new CFO of Thor Equities
22 March 2017 | New York | Reporter: Theo Andrew
Thor Equities has appointed Fess Wofse as CFO, giving him responsibility for the global financial operations of the company
Investors have $1.7 trillion to spend in 2017
22 March 2017 | London | Reporter: Theo Andrew
Global investors will have $1.7 trillion of potential capital to deploy this year, according to CBRE
Rising real estate prices pose warning sign
22 March 2017 | Bali | Reporter: Theo Andrew
Regulators should consider using tools beyond raising interest rates to cool real estate prices, in order to protect against future economic downturns, a US Federal Reserve official has warned
McKay Securities adds Tom Elliot to board
21 March 2017 | London | Reporter: Theo Andrew
Tom Elliot has been promoted to the board at McKay Securities, effective 1 April, as the REIT carries out a number of changes to its non-executive leadership
MPF provides £12m in finance for Canary Wharf site
21 March 2017 | London | Reporter: Mark Dugdale
Merseyside Pension Fund and LendInvest have organised £12 million in financing against a development site in Canary Wharf
Hansteen set to sell German and Dutch portfolios for €1.28 billion
20 March 2017 | London | Reporter: Theo Andrew
Blackstone Group and M7 Real Estate are set to acquire the Hansteen Holdings German and Dutch portfolios for €1.28 billion
€35 million invested into French retail portfolio
20 March 2017 | Paris | Reporter: Theo Andrew
The Senior European Loan Fund II has invested €35 million in the Ambassadeurs portfolio, acquiring 11 retail assets in France.
Two Leeds warehouses sold for £12 million
20 March 2017 | Leeds | Reporter: Theo Andrew
LondonMetric Property has acquired two ‘last-mile’ distribution warehouses in Leeds for £12 million
New Jersey office portfolio acquired for $368 million
20 March 2017 | New Jersey | Reporter: Theo Andrew
Mack-Cali Realty Corporation has acquired an office portfolio in Northern New Jersey for $368 million, one of the largest ever transactions in the state
San Diego offices acquired for $34.3 million
17 March 2017 | San Diego | Reporter: Theo Andrew
MetroGroup Realty Finance has secured $34.3 million in financing for the acquisition of a four-building office complex in San Diego
Paris ex-nightclub sells for €115 million
17 March 2017 | Paris | Reporter: Theo Andrew
Invesco Real Estate and Thor Equities have sold 102 Champs Élysées in Paris for €115 million, following the building’s 18-month transformation from nightclub to retail property
Logistics space at mercy of technology change
17 March 2017 | Cannes | Reporter: Theo Andrew
The future of logistics real estate investment will depend on the way the industry considers and incorporates technology developments today, according to a panel at MIPIM
Retail centre in $30 million refinancing
16 March 2017 | Los Angeles | Reporter: Mark Dugdale
Commercial investment banking firm George Smith Partners has secured $30 million in refinancing for Plaza de Hacienda, a 156,000 square-foot grocery-anchored retail centre in Los Angeles
Spanish REITs must keep up with the times
16 March 2017 | Cannes | Reporter: Theo Andrew
The Spanish residential real estate market is evolving and it is up to real estate investment companies to keep up, a panel has warned
US looking at long investments
16 March 2017 | Cannes | Reporter: Theo Andrew
The investment horizon across the US is looking increasingly towards the long-term, speakers suggested at MIPIM
MIPIM: India thinks smart to reap investment
15 March 2017 | Cannes | Reporter: Theo Andrew
India is inviting investors to develop millions of homes over the next five to seven years, as well as create dozens of ‘smart cities’
AEW doubles capital in city retail fund
15 March 2017 | Dusseldorf | Reporter: Mark Dugdale
The AEW Europe City Retail Fund has raised more than €415 million in capital, taking its capacity above €800 million
BNP Paribas wins Belgium management mandate
15 March 2016 | Brussels | Reporter: Mark Dugdale
Deka Immobilien has mandated BNP Paribas Real Estate Belgium as property manager for seven assets
Brussels office acquired for €122.1 million
14 March 2017 | Brussels | Reporter: Theo Andrew
CBRE Global Investors has acquired the long-term leasehold of an office in Brussels for €122.1 million, from Belgian investment real estate trust Befimmo
China real estate enjoys early growth in 2017
14 March 2017 | Beijing | Reporter: Mark Dugdale
China saw almost double-digit growth in real estate investment during the first two months of 2017, as demand for residential and commercial property increased
Spanish retail park acquired for €16 million
13 March 2017 | San Sebastian | Reporter: Theo Andrew
Savills Investment Management has acquired a retail park in San Sebastian, Spain, through its retail fund, Europe II, for €16 million
Madison’s Matthias Cordier takes over in Germany
13 March 2016 | Frankfurt | Reporter: Theo Andrew
Madison International Realty has promoted Matthias Cordier to the position of head of investment in Germany
Segro swoops for Airport Property Partnership
10 March 2017 | London | Reporter: Theo Andrew
Segro has taken full ownership of the Airport Property Partnership after acquiring the remaining 50 percent from Aviva Investors for £365 million
Phoenix business park acquired for $17.2 million
10 March 2017 | Phoenix | Reporter: Theo Andrew
BKM Capital Partners has acquired a light industrial business park in Phoenix, Arizona, for $17.2 million
Limerick retail park sells for €24.3 million
10 March 2017 | Limerick | Reporter: Theo Andrew
Green REIT has sold the Parkway Retail Park in Limerick, Ireland, for €24.3 million
Barings Real Estate achieve $15.3 billion of transactions in 2016
09 March 2017 | London | Reporter: Theo Andrew
Barings Real Estate Advisors achieved $15.3 billion worth of transactions in 2016, and expect 2017 to be equally as active
AXA IM promotes within French management and transaction team
09 March 2017 | Paris | Reporter: Theo Andrew
AXA Investment Managers - Real Assets has carried out a number of promotions within its asset management and transactions team in France, with immediate effect
Berlin office acquired for €25 million
09 March 2017 | Berlin | Reporter: Theo Andrew
Rockspring has acquired an office in Berlin on behalf of its TransEuropean Property Limited Partnership VI fund, for €25 million
German logistics portfolio acquired for €128.4 million
09 March 2017 | Dortmund | Reporter: Theo Andrew
CBRE Global Investors has acquired a cross-dock logistics portfolio in Germany from Hellmich Unternehmensgruppe, for €128.4 million
Brno shopping centre acquired for €374 million
08 March 2017 | Brno | Reporter: Theo Andrew
Deutsche EuroShop has acquired the Olympia shopping centre in Brno in the Czech Republic, from Rockspring Property Investment Partners and ECE Real Estate Partners, for €374 million
Thor Urbana makes CKD bid at Mexican Stock Exchange
08 March 2017 | Mexico City | Reporter: Theo Andrew
Thor Equities Mexican affiliate, Thor Urbana, has applied to place a Capital Development Certificate at the Mexican Stock Exchange, to raise funds for retail and leisure investment
Neil Murray named CEO of JLL Corporate Solutions EMEA
07 March 2017 | London | Reporter: Theo Andrew
JLL has appointed Neil Murray as CEO of its corporate solutions business in Europe, the Middle East and Africa.
New co-CIOs at Madison International Realty
07 March 2017 | New York | Reporter: Theo Andrew
Madison International Realty has named two new co-chief investment officers in Carey Flaherty and Derek Jacobson
George Smith Partners appoints two managing directors
07 March 2017 | Los Angles | Reporter: Theo Andrew
Commercial mortgage bank George Smith Partners has named Jonathan Lee and Shahin Yadzi as co-managing directors and principals as part of a new leadership structure
Ilford shopping centre acquired for £78 million
6 March 2017 | London | Reporter: Theo Andrew
Capital & Regional has acquired The Exchange Centre in Ilford, London, from Meyer Bergman for £78 million
London portfolio acquired for £140.5 million
06 March 2017 | London | Reporter: Theo Andrew
Henderson Park and Greystar have acquired a central London portfolio under development, from Barrett Homes for £140.5 million
Standard Life and Aberdeen Asset Management are set to create Britain’s largest asset manager, agreeing terms for an £11 billion merger
Edinburgh development acquired for £215 million
03 March 2017 | Edinburgh | Reporter: Theo Andrew
Moda Living and Apache Capital have acquired a development in Fountainbridge, Edinburgh, for £215 million
AXA raises €8 billion of capital in 2016
03 March 2017 | London | Reporter: Theo Andrew
Axa IM Real Assets raised a record €8 billion of capital during 2016, including €800 million for its AXA CoRE Europe fund which launched last year
Changes to HB Reavis leadership team
2 March 2017 | Germany | Reporter: Theo Andrew
Marcel Sedlák and René Popík have moved up at HB Reavis as the property developer shakes up its a leadership team
Arlington Advisors and Pensions Infrastructure Platform join forces
2 March 2017 | London | Reporter: Theo Andrew
The Pensions Infrastructure Platform and Arlington Advisors have formed a partnership targeting on-campus student accommodation
The Leadenhall Building to be acquired for £1.15 billion
2 March 2017 | London | Reporter: Theo Andrew
CC Land is awaiting approval from its shareholders for the acquisition of The Leadenhall Building in London for £1.15 billion
£100 million to be invested in Landmark Manchester development
2 March 2017 | Manchester | Reporter: Theo Andrew
Barings Real Estate Advisors has acquired Landmark Manchester and plans to invest £100 million in its development
Matthias Leube named CEO of Colliers International Germany
1 March 2017 | Munich | Reporter: Theo Andrew
Colliers International Germany has appointed Mattias Leube as CEO
Madrid retail property acquired for €43 million
1 March 2017 | Madrid | Reporter: Theo Andrew
Thor Equities have acquired two retail units in central Madrid for €43 million
Commitment strong but future cautious for real estate
1 March 2017 | London | Reporter: Theo Andrew
Institutional investors are less confident for the year ahead despite a strong return on their real estate portfolios throughout 2016, a survey has found
Paris office sells for €54.5 million
28 February 2017 | Paris | Reporter: Theo Andrew
TH Real Estate has facilitated the sale of an office in Paris, on behalf of Warburg-HIH Invest Real Estate (RE), for €54.5 million
TH Real Estate secures €470 million in debt financing
28 February 2017 | London | Reporter: Theo Andrew
TH Real Estate has secured around €470 million in refinancing on behalf of its Cityhold Office Partnership portfolio.
Prologis and CBRE venture into UK logistics
27 February 2017 | London | Reporter: Theo Andrew
Prologis and CBRE Global Investment Partners have formed a joint venture, Prologis UK Logistics Venture, focusing on developing logistics real estate in the UK
West End office acquired for £98.5 million
24 February 2017 | London | Reporter: Theo Andrew
Workspace Group has acquired an office building in London’s West End, for £98.5 million
West London student accommodation sells for £31.5 million
24 February 2017 | London | Reporter: Theo Andrew
The UBS Triton Property Fund (UBS Triton) has acquired a West London student accommodation development for £31.5 million
Will Robson joins MSCI research team
23 February 2017 | London | Reporter: Theo Andrew
MSCI, the US-based equity provider, has appointed Will Robson as global head of real estate applied research
Liad Barzilai named new CEO of Atrium
23 February 2017 | Amsterdam | Reporter: Theo Andrew
Atrium European Real Estate has appointed Liad Barzilai as CEO, with immediate effect
TH Real Estate has acquired a 50 percent stake in the Kamppi Centre in Helsinki, Finland, for €250 million, on behalf of its European Cities Fund
Real IS hit €1.4 billion investment volume in 2016
22 February 2017 | Munich | Reporter: Theo Andrew
Real IS’s investment volume increased to more than €1.4 billion in 2016 while it raised more than €1 billion in equity for the first time
£29.24 million invested in Oxfordshire distribution site
22 February 2017 | Didcot | Reporter: Theo Andrew
Tritax Big Box Real Estate Investment Trust has invested £29.24 million in a new distribution centre in Oxfordshire
Oslo office sells for €61 million
21 February 2017 | Oslo | Reporter: Theo Andrew
Avignon Capital, in partnership with Clarksons Platou Real Estate, has sold an office building in Oslo for €61 million, achieving an 87 percent return on equity
New York office acquired for $83.1 million
21 February 2017 | New York | Reporter: Theo Andrew
Newmark Grubb Knight Frank has brokered the $83.1 million sale of a New York office building, acquired by Zar Property NY
LondonMetric expands warehouse portfolio
21 February 2017 | London | Reporter: Theo Andrew
LondonMetric Property has acquired two distribution warehouses for a combined total of £16 million
Office in Paris sells for €60 million
21 February 2017 | Paris | Reporter: Theo Andrew
UBS Asset Management has completed the acquisition of an office building in Paris from Deutsche AM, on behalf of its Real Estate & Private Markets business
49% of Houston portfolio sells for half a billion
20 February 2017 | Houston | Reporter: Theo Andrew
Real estate investment trust Parkway has sold almost half of its Greenway Plaza and Phoenix Tower portfolio in Houston, Texas, for $512.1 million
Ipswich shopping centre sells for £54.7 million
20 February 2017 | Ipswich | Reporter: Theo Andrew
Capital & Regional has completed the sale of the Buttermarket Centre in Ipswich to the National Grid Pension fund for a total of £54.7 million
Hermes provides £29 million to joint venture
17 February 2017 | London | Reporter: Theo Andrew
Hermes Investment Management has provided a €29 million loan to joint venture between Thor Equities and Chenavari Investment Managers, funding their acquisition of 145-155 Wardour Street, London
Savills IM acquires €75 million assets for German fund
17 February 2017 | London | Reporter: Theo Andrew
Savills IM has acquired a retail centre in Germany and an office building in Luxembourg for a combined total of €75 million, on behalf of an unnamed German pension fund
MCA invests $18.3 million in Las Vegas
17 February 2017 | Las Vegas | Reporter: Theo Andrew
MCA Reality has acquired two properties in Las Vegas for a combined $18.3 million
Stockholm office sells for €121 million
16 February 2017 | Stockholm | Reporter: Theo Andrew
Union Investment has acquired the Uarda 7 in Stockholm, for approximately €121 million, from Swedish developer Fabege
M&G invests €205 million in Germany
16 February 2017 | London | Reporter: Theo Andrew
M&G Real Estate has acquired a shopping centre and two office buildings in Germany, for a combined total of €205 million
Amsterdam office sells for €55 million
16 February 2017 | Amsterdam | Reporter: Theo Andrew
The German Real I.S Group has acquired the Alpha Tower in Amsterdam on behalf of its Real I.S BGV VI alternative investment fund, for €55 million
Changes at the top of Union Investment RE
16 February 2017 | Hamburg | Reporter: Theo Andrew
Union Investment Real Estate is dividing its investment activities into two regional units, Europe and overseas, and shaking up its leadership team accordingly
Patrizia preliminary results exceed earnings forecast
15 February 2017 | Augsberg | Reporter: Theo Andrew
Patrizia, the pan-European investment manager, exceeded its profit forecast for 2016 with an expected operation income of €283 million, compared to the forecast of €265 million
Atlanta office sells for $83.4 million
15 February 2017 | Dunwoody | Reporter: Theo Andrew
KBS Capital Market Group’s KBS Strategic Opportunity Real Estate Investment Trust has acquired Crown Pointe in Dunwoody, a northern suburb of Atlanta, for $83.4 million
Lidl shops smart for warehouse space
14 February 2017 | Roosendaal | Reporter: Theo Andrew
Delin Capital Asset Management has signed a pre-let agreement for its 58,000- square metre warehouse development in Roosendaal, the Netherlands
Allianz enter Spanish office market
14 February 2017 | Madrid | Reporter: Theo Andrew
Allianz Real Estate has issued a €155 million loan to La Finca Global Assets, entering the Spanish office market for the first time
Hermes strengthens real estate senior debt strategy
14 February 2017 | London | Reporter: Theo Andrew
Hermes Investment Management has provided a £10.38 million loan to Compagnie Du Parc, a private real estate investment firm, to support its Last Mile portfolio of light industrial properties in Greater London
London office sells for £292 million
14 February 2017 | London | Reporter: Theo Andrew
TH Real Estate has sold One Kingdom Street, London, for £292 million, on behalf of the Cityhold Office Partnership
Greystar grows development team
13 February 2017 | London | Reporter: Theo Andrew
Global real estate company Greystar has appointed David Rothwell as development manager, a newly created position within the multifamily and student development team
£7 million acquisition for M7 UK fund
13 February 2017 | Hull | Reporter: Theo Andrew
M7 Real Estate has made the first acquisition on behalf of its latest UK fund, purchasing £7 million of assets in Hull and Deeside
Vincenzo Nocerino joins UBS AM in Italy
13 February 2017 | Milan | Reporter: Theo Andrew
UBS Asset Management (Italia) has appointed Vincenzo Nocerino as head of transitions, to join its real estate and private markets business
New CEO at AXA IM – Real Assets
10 February 2017 | London | Reporter: Katherine Brown
AXA Investment Managers has promoted Isabelle Scemama to be CEO of its real assets department, replacing Pierre Vaquier, who is leaving the firm...
Rockspring sells €233 million logistics portfolio
10 February 2017 | Paris | Reporter: Stephanie Palmer
Rockspring Property Investment Managers has sold a French logistics portfolio for €233 million, on behalf of its Rockspring TransEuropean Property Limited Partnership V LP fund
M7 opens Finnish office
09 February 2017 | Helsinki | Reporter: Stephanie Palmer
M7 has expanded its European presence, opening a new office Helsinki and appointing Joona Suomela as country manager for Finland...
UK grants CACEIS UCITS approval
09 February 2017 | London | Reporter: Stephanie Palmer
CACEIS’s UK branch has received regulatory approval to provide depository services to UCITS funds
Changes in the ranks at Capital & Regional
08 February 2017 | London | Reporter: Stephanie Palmer
UK-focused retail real estate investment trust Capital & Regional has appointed Lawrence Hutchings as chief executive, amid a shake-up of senior leadership
New specialist institutional fund for BKM
07 February 2017 | Newport Beach, California | Reporter: Stephanie Palmer
BKM Capital Partners has launched its second institutional fund, BKM Industrial Value Fund II, targeting light industrial business parks across Western US
AEW facilitates Italian sale and leaseback
07 February 2017 | Milan | Reporter: Stephanie Palmer
AEW has completed the sale and leaseback of a logistics asset in Northern Italy, on behalf of the Logistis fund...
Barings develops Spanish team
06 February 2017 | Madrid | Reporter: Stephanie Palmer
Barings has appointed Carlos de Oya as director for asset management in Spain, as part of an ongoing expansion of its European operations
PGIM RE invests $12 billion worldwide
06 February 2017 | New Jersey | Reporter: Mark Dugdale
PGIM Real Estate completed completed more than $12 billion in transactions worldwide in 2016
SERE secure Paris office acquisition
3 February 2017 | Paris, France | Reporter: Katherine Brown
Schroder European Real Estate Investment Trust has purchased an office property in Saint Cloud, IIe de France, Paris for approximately €30 million...
Brexit whitepaper hints at ‘third-country’ status
02 February 2017 | London | Reporter: Mark Dugdale
The UK could adopt ‘third-country’ status in financial services upon its exit from the EU, according to the long awaited Brexit whitepaper...
Barings appoints Lehtinen to support Nordic growth
02 February 2017 | London | Reporter: Becky Butcher
Barings Real Estate Advisers has named Lotta Lehtinen as associate director for asset management in Finland...
M7 opens Luxembourg office
02 February 2017 | London | Reporter: Becky Butcher
M7 Real Estate, a pan-European investor and asset manager, has expanded its platform, opening a new office in Luxembourg...
Dinsmore & Shohl hires real estate expert
02 February 2017 | Washington DC | Reporter: Barney Dixon
Dinsmore & Shohl has hired corporate real estate attorney Jeffrey Mitchell as partner...
BrickVest granted EU passporting rights
01 February 2017 | London | Reporter: Becky Butcher
The UK Financial Conduct Authority (FCA) has granted BrickVest a full-scope FCA alternative investment fund managers (AIFM) license with cross-border passporting rights in the EU...
New investment management tech goes live
01 February 2017 | San Francisco | Reporter: Stephanie Palmer
Juniper Square has launched its investment management software for connecting commercial real estate managers with investors.
Manchester office block sells for £29 million
01 February 2017 | Manchester, England | Reporter: Stephanie Palmer
Redefine International has completed the £29.15 million sale of an office block in Manchester, England
Double acquisition in California for Stos Partners
31 January 2017 | San Diego | Reporter: Becky Butcher
Stos Partners has acquired two properties in San Diego; an industrial building and a retail property...
C-level promotions at Passco
30 January 2017 | Irvine, California | Reporter: Stephanie Palmer
Passco Companies has promoted Alan Clifton and Suzy Cottle to the positions of COO and CFO, respectively...
New investment advisor to focus on UK real estate
30 January 2017 | London | Reporter: Stephanie Palmer
Family investment office Sandaire and real estate advisory firm Delancey have joined forces to launch Mount Kendal, a new specialist real estate investment advisor...
BKM Capital Partners sells three
30 January 2017 | Las Vegas | Reporter: Barney Dixon
BKM Capital Partners has sold three multi-tenant industrial business parks...
PGC and Twin Summits launch single family fund
27 January 2017 | London | Reporter: Barney Dixon
Pure Global Capital has signed a joint venture agreement with Twin Summits Capital to launch the US Single-Family Rental Homes fund...
Rockspring fills Cambridge Research Park
27 January 2017 | Cambridge | Reporter: Barney Dixon
Rockspring Property Investment Managers has let 31,000 square feet of space at Cambridge Research Park...
SELF II hits €400 million in commitments
27 January 2017 | London | Reporter: Barney Dixon
AEW and its parent Natixis Asset Management have completed a second closing of the Senior European Loan Fund (SELF) II, taking its investment capacity to more than €400 million...
UKCPT sells Soho office for £30.5 million
27 January 2017 | Soho, London | Reporter: Katherine Brown
UK Commercial Property Trust Limited, a commercial property investment company, has sold an office asset at 13 Great Marlborough Street, in Soho, London for £30.5 million...
Beni Stabili to launch €1.5 billion Italian SICAF
26 January 2017 | Milan | Reporter: Stephanie Palmer
Italian property company Beni Stabili has been granted authorisation from the Bank of Italy to launch a real estate collective investment fund, or SICAF...
AEW gains foothold in Madrid
26 January 2017 | Madrid | Reporter: Stephanie Palmer
AEW has opened a new office in Madrid, and appointed Carsten Czarnetzki as country head for Spain...
90 North adds to London office
26 January 2017 | London | Reporter: Stephanie Palmer
Global real estate investment firm 90 North has hired John Yeend as a partner in its London office...
M7 Real Estate expands European footprint
25 January 2017 | London | Reporter: Becky Butcher
M7 Real Estate has purchased a light industrial and office portfolio from Valad Europe, for €63.5 million...
Triton bags Slough industrial estate
25 January 2017 | Slough, UK | Reporter: Stephanie Palmer
UBS Asset Management’s UBS Triton Property Fund has acquired an industrial estate in Slough for £19.05 million...
AXA IM’s Kavanagh to join Patrizia
25 January 2017 | Augsburg, Germany | Reporter: Stephanie Palmer
Anne Kavanagh is set to leave AXA Investment Managers (IM) – Real Assets to join Patrizia Immobilien AG as chief investment officer...
Axiare Patrimonio racks up Madrid properties
24 January 2017 | Madrid | Reporter: Mark Dugdale
Axiare Patrimonio has acquired an office building in Madrid for €41.5 million...
AEW expands its presence in France
24 Janaury 2017 | Paris | Reporter: Becky Butcher
NAMI - AEW Europe has acquired a portfolio of two hotels in France on behalf of SCPO Laffitte Pierre...
Grady takes the helm at ADISA
23 January 2017 | Indianapolis | Reporter: Stephanie Palmer
The board of the Alternative & Direct Investment Securities Association (ADISA) has named its officers for 2017, as John Grady begins his term as president of the board...
Gramercy Property bags logistics asset
23 January 2017 | Utrecht | Reporter: Becky Butcher
Gramercy Property, a real estate investment fund, has purchased a logistics warehouse in Utrecht, the Netherlands...
Henderson Park appoints investment duo
23 January 2017 | London | Reporter: Becky Butcher
Henderson Park, a new European real estate investment platform, has appointed Mrinal Jalan and Dennis Schiloff to its investment team as principal and director, respectively...
Orchard Street acquires leisure asset
23 January 2017 | Nottingham | Reporter: Becky Butcher
Orchard Street Investment Management has purchased The Cornerhouse, in Nottingham, for £65 million...
Singapore win for UBS Asset Management
20 January 2017 | Singapore | Reporter: Katherine Brown
UBS Asset Management’s real estate and private markets business in Singapore has been awarded a SGD 250 million ($170 million) sovereign wealth mandate...
Lazard launches real assets fund
20 January 2017 | New York | Reporter: Katherine Brown
Lazard Asset Management has launched the Lazard Real Assets and Pricing Opportunities Portfolio, a fund investing in liquid real assets...
Barings acquires Milan office asset
20 January 2017 | Milan, Italy | Reporter: Katherine Brown
Barings Real Estate Advisers has completed the purchase of an office building in Milan, Italy for €44.35 million...
AXA IM raises €1.4bn for debt fund
20 January 2017 | London | Reporter: Becky Butcher
AXA Investment Managers – Real Assets has raised approximately €1.4 billion for its commercial real estate senior debt fund, Commercial Real Estate Senior 10...
Colliers increases credit facility to $700m
19 January 2017 | Toronto | Reporter: Becky Butcher
Colliers International Group has expanded and extended its multi-currency credit facility...
KWM real estate team joins DLA Piper
19 January 2017 | London | Reporter: Becky Butcher
DLA Piper has welcomed a team of 23 real estate lawyers from Kind & Wood Mallesons (KWM), after KWM entered administration...
Irish first for M7 Real Estate
19 January 2017 | Dublin | Reporter: Stephanie Palmer
M7 Real Estate has made its first acquisition in the Republic of Ireland, a mixed-use office and residential development on Fumbally Lane, Dublin...
COIMA RES expands on Milan portfolio
18 January 2017 | Milan | Reporter: Stephanie Palmer
Italian property investor and manager COIMA RES has finalised the agreement to acquire two office buildings in North-East Milan for €46 million, plus taxes...
€106 million sale success for Redefine
18 January 2017 | London | Reporter: Stephanie Palmer
Redefine International has completed the sale of four German office assets for a gross consideration of €106 million...
AEW completes German office acquisition
17 January 2017 | Wiesbaden, Germany | Reporter: Stephanie Palmer
AEW has acquired a 10,700 square-metre office asset in Wiesbaden, Germany, on behalf of a French institutional investor...
AXA IM – Real Assets strengthens team in Japan
17 January 2017 | Tokyo | Reporter: Stephanie Palmer
AXA Investment Managers – Real Assets has appointed Yoshihiko Hayafuji as head of Japan, effective immediately...
Strong year for transactions at AEW
16 January 2017 | London | Reporter: Stephanie Palmer
AEW completed €3.8 billion in transactions in Europe in 2016, €3.2 billion of which were acquisitions, the real estate asset manager has revealed...
Aeriance sees strong 2016 for alternative loans
16 January 2017 | Luxembourg | Reporter: Stephanie Palmer
European commercial real estate loan provider Aeriance Investments wrote €437 million in business in 2016, far surpassing its 2015 total of €270 million...
Colliers International expands its Denmark presence
13 January 2017 | Toronto | Reporter: Becky Butcher
Colliers International Group has acquired a controlling interest in Colliers International Denmark. Terms of the transaction were not disclosed...
Barings acquires Milan office asset
13 January 2017 | Milan, Italy | Reporter: Katherine Brown
Barings Real Estate Advisers has purchased an office building in Milan, Italy for €44.35 million...
GeoPhy sets sights on North America
12 January 2017 | New York | Reporter: Stephanie Palmer
Real estate intelligence platform GeoPhy has opened a new office New York, appointed Nils Kok to head up its North American business...
AXA IM - RA refreshes North America team
12 January 2017 | Atlanta | Reporter: Mark Dugdale
AXA Investment Managers - Real Assets has named Steve McCarthy as its new head of North America and Aaron Kutner as US director of acquisitions...
French residential fund raises €100 billion
11 January 2017 | Paris | Reporter: Stephanie Palmer
AEW has launched the RESIDYS Fund, its first dedicated solely to French residential real estate, and raised over €100 million from institutional investors in the fund’s first close...
Savills expands Asia-Pacific team
11 January 2017 | Singapore | Reporter: Stephanie Palmer
Savills Investment Management has appointed Volker Wanka as director of fund management for Singapore, strengthening its team in the Asia-Pacific region...
ARA and Unico team up to acquire Portland property
11 January 2017 | Oregon | Reporter: Becky Butcher
American Realty Advisors (ARA), in a joint venture with Unico Properties, has purchased Congress Center, an office tower in Portland, Oregon...
Warner Bros extends lease on London property
10 January 2017 | London | Reporter: Becky Butcher
WELPUT, a fund managed by Schroder Property Managers, has signed a new lease with its largest tenant, Warner Bros Entertainment...
Lifescapes to design Texas development landscaping
10 January 2017 | Texas | Reporter: Becky Butcher
Lifescapes International has been selected to design the landscape environment for Bayside, a $1 billion development in Texas...
LaSalle invests in sustainability
10 January 2017 | Chicago | Reporter: Stephanie Palmer
LaSalle has appointed Eric Duchon as global head of sustainability, based in the Chicago office...
M&G opens new Madrid office
09 January 2017 | Madrid | Reporter: Becky Butcher
M&G Real Estate has expanded its presence in Europe with a new office located in Madrid...
Jean Romain Lhomme joins BrickVest
09 January 2017 | London | Reporter: Becky Butcher
BrickVest has welcomed Jean Romain Lhomme to its board, in order to enhance the company’s online investment platform...
AXA IM builds on Italian portfolio
09 January 2017 | Milan | Reporter: Stephanie Palmer
AXA Investment Managers – Real Assets has completed the acquisition of U7, an office building in Milanofiori, Italy, for €45 million...
New investment platform secures second MD
09 January 2016 | London | Reporter: Stephanie Palmer
Christophe Kuhbier is to join European real estate investment platform Henderson Park as second managing director...
Two real estate lawyers on the up at Alston & Bird
09 January 2017 | Atlanta, Georgia | Reporter: Katherine Brown
Atlanta-based law firm Alston & Bird has appointed two real estate lawyers to the position of partner, as of 1 January...
Orchard Street acquires Soho office
06 January 2017 | London | Reporter: Katherine Brown
Orchard Street Investment Management has completed the purchase of a new-build office asset located in London...
ActivumSG targets Costa del Sol
06 January 2017 | Costa del Sol | Reporter: Katherine Brown
A fund established by ActivumSG Capital has completed the purchase of two sites in the Costa del Sol, Spain...
Hogan Lovells promotes real estate attorney
06 January 2017 | London | Reporter: Barney Dixon
Hogan Lovells has promoted real estate attorney Laura Oliver to the position of counsel in its London office...
Real estate fundraising on a hundred billion-dollar roll
05 January 2017 | London | Reporter: Stephanie Palmer
The closed-ended real estate fundraising market saw a strong 2016, raising a combined aggregate capital of $104 billion...
Central London property sells for £69 million
05 January 2017 | London | Reporter: Stephanie Palmer
UBS Asset Management has sold a central London office property to a Middle Eastern investor, for £69 million...
Trion Properties sells Los Angeles retail centre
04 January 2017 | Valencia | Reporter: Becky Butcher
Trion Properties has sold the Valencia Town Centre Plaza, a retail centre located in the Santa Clarita submarket of Los Angeles, for $9.8 million...
IEC acquires $54.2m apartment community
04 January 2017 | Glendale, California | Reporter: Becky Butcher
Interstate Equities Corporation (IEC) has purchased a 126-unit apartment community in Glendale, California for $54.2 million...
GSP secures $41m financing for Colorado property
04 January 2017 | Colorado Springs | Reporter: Becky Butcher
George Smith Partners (GSP) has arranged $41 million in financing for the purchase of a 300-unit apartment community in Colorado Springs...
PGIM predicts positive trends for 2017
04 January 2017 | New Jersey | Reporter: Stephanie Palmer
More political turmoil, increased interest in alternatives and a move towards emerging markets are among the factors that will define 2017 for the global real estate market, according to PGIM Real Estate...
Hamborner starts 2017 with portfolio growth
03 January 2017 | Duisburg | Reporter: Becky Butcher
Hamborner REIT has started the 2017 financial year with the acquisition of two properties...
Hammerson sells Southampton stake for £49 million
03 January 2017 | Southampton, UK | Reporter: Stephanie Palmer
Retail property developer Hammerson has agreed to sell a 50 percent stake in its new leisure development in Southampton, England, for £48.5 million...
PGIM and FGI buy plaza in joint venture
23 December 2016 | Frankfurt | Reporter: Becky Butcher
PGIM Real Estate has teamed up with FGI to acquire Junghof Plaza, an office building in Frankfurt...
M7 secures £134 million debt facility
22 December 2016 | London | Reporter: Becky Butcher
M7 Real Estate has agreed a €143.4 million senior debt facility with the Bank of America Merrill Lynch, secured on a portfolio of 53 assets...
AXA continues healthcare buying spree
22 December 2016 | Paris | Reporter: Drew Nicol
AXA Investment Managers has continued its investment into the European healthcare real estate market with the acquisition of a portfolio of 17 healthcare assets in Western Germany valued at €310 million...
Duke’s Court to undergo £100m make over
21 December 2016 | London | Reporter: Becky Butcher
The Crown Estate has confirmed plans are in place to begin a £100 million redevelopment of Duke’s Court, a mixed retail and office block...
Aztec recruits Metesh Vara for real assets
21 December 2016 | Jersey | Reporter: Mark Dugdale
Aztec Group has strengthened its real assets team in Jersey with the appointment of Metesh Vara as associate director...
Bank of Japan to continue buying J-REITs
21 December 2016 | Tokyo | Reporter: Drew Nicol
The Bank of Japan has committed to increase its Japan real estate investment trusts purchase programme at an annual pace of about JPY 90 billion going into 2017...
Continental Funding secures $21.4m refinancing
21 December 2016 | California | Reporter: Becky Butcher
Continental Funding Group has agreed a $21.4 million refinancing deal for two retail centres in California...
AXA IM acquires 11 healthcare assets
21 December 2016 | Helsinki | Reporter: Becky Butcher
AXA Investment Managers – Real Assets has completed the purchase of a healthcare portfolio in Finland for €65 million...
Madison invests in Germany shopping centre portfolio
20 December 2016 | Frankfurt | Reporter: Becky Butcher
Madison International Realty, in a joint venture with Redos Real Estate, has acquired The Christie Portfolio of four properties in Germany...
Norges Bank acquires €1bn Paris property
20 December 2016 | Paris | Reporter: Becky Butcher
Norges Bank Real Estate Management has acquired Vendôme Saint-Honoré in Paris for €1 billion...
Mahiki nightclub to open in Manchester
19 December 2016 | Manchester | Reporter: Becky Butcher
Ex-Manchester United player Gary Neville has signed a lease with LJ Partnership on a building located in Manchester...
Colliers to expand operations
16 December 2016 | Toronto | Reporter: Becky Butcher
Colliers International Group has signed a merger agreement with Colliers Parrish International (CPI) to expand its operations...
GSP secures $34m refinancing deal
16 December 2016 | California | Reporter: Becky Butcher
George Smith Partners (GSP) has arranged $34.3 million in refinancing for Crenshaw Imperial Plaza in Inglewood, on behalf of NewMark Merrill Companies...
San Francisco trophy office for ARA
16 December 2016 | San Francisco | Reporter: Katherine Brown
American Realty Advisors (ARA) has completed the purchase of Foundry Square III in the Transbay District of San Francisco...
Rockspring invests €30m in student property
16 December 2016 | Copenhagen | Reporter: Becky Butcher
Rockspring Property Investment Managers has purchased a student housing portfolio in Copenhagen, Denmark for €30 million...
Green REIT bags new lease
15 December 2016 | Dublin | Reporter: Becky Butcher
Green REIT has signed a lease with an international business provider for a newly developed office building, located at 32 Molesworth Street, Dublin 2...
Redefine bags new senior retail asset manager
14 December 2016 | London | Reporter: Becky Butcher
Redefine International has appointed Matthew Baddeley as senior retail asset manager...
Crosslane secures first Portsmouth student property
14 December 2016 | Portsmouth, UK | Reporter: Becky Butcher
Crosslane Student Development has secured conditional planning permission for the redevelopment of a site in Portsmouth...
Antin secures €3.6 billion for infrastructure
14 December 2016 | Paris | Reporter: Mark Dugdale
Antin Infrastructure Partners has raised €3.6 billion for its third fund...
NEPI and Rockcastle to merge
14 December 2016 | Johannesburg | Reporter: Mark Dugdale
Johannesburg Stock Exchange-listed companies New Europe Property Investments and Rockcastle have agreed to merge, creating one of the biggest retail real estate companies active in the CEE markets...
Changes in ranks at Barings Real Estate Advisors
13 December 2016 | London | Reporter: Stephanie Palmer
Barings Real Estate Advisors has strengthened its European real estate debt platform, hiring Lars Røgeberg and Henry Marlow, while John Bryant Gerber has relocated to the London office...
UBS snaps up Southbank offices
13 December 2016 | London | Reporter: Stephanie Palmer
The global real estate business of UBS Asset Management has completed the acquisition of India House, on London’s Southbank, for £28.4 million...
Ærium completes £57 million Mayfair refinancing
12 December 2016 | London | Reporter: Stephanie Palmer
European real estate fund manager Ærium has completed a £57 million refinancing of its Mayfair portfolio, on behalf of its senior debt fund...
AXA IM expands Nordic property portfolio
12 December 2016 | Copenhagen | Reporter: Stephanie Palmer
AXA Investment Managers (IM) – Real Assets has completed the acquisition of a mixed-use building in central Copenhagen, for €43 million...
Investors buy up UK gas infrastructure
09 December 2016 | London | Reporter: Mark Dugdale
Infrastructure investors including Macquarie, Allianz Capital Partners and Hermes Investment Management have agreed to buy a majority stake in the National Grid’s UK gas distribution business...
Apache embarks on student venture
09 December 2016 | Southampton, UK | Reporter: Katherine Brown
Apache Capital Partners has completed the purchase of a 198-bed student accommodation development in Southampton...
TC Latin America raises $268 million for LatAm RE
09 December 2016 | Bogotá | Reporter: Mark Dugdale
TC Latin America Partners has raised $268 million for its second second real estate fund...
Jörn Stobbe moves to Union Investment Real Estate
08 December 2016 | Hamburg | Reporter: Mark Dugdale
Jörn Stobbe will join Union Investment Real Estate in February 2017 as COO...
LGIM secures new investment for build-to-rent
08 December 2016 | London | Reporter: Mark Dugdale
Legal & General Investment Management has raised an additional £170 million of equity investment for its open-ended build-to-rent fund...
Russian ‘green' market doubles
07 December 2016 | Moscow | Reporter: Drew Nicol
The volume of Russian real estate certified to international sustainability standards has nearly doubled over the last two years, according to a report by JLL...
Spencer Fane joins with Berenbaum Weinshienk
06 December 2016 | Denver | Reporter: Barney Dixon
Law firm Spencer Fane has combined with Berenbaum Weinshienk. The new firm will retain the Spencer Fane name and cover a variety of areas, including real estate...
Aareal Bank and Invesco RE set up €1 billion facility
06 December 2016 | Frankfurt | Reporter: Mark Dugdale
Aareal Bank has set up a €1 billion, 10-year lending facility for Invesco Real Estate in Europe...
ÆRIUM completes transactions of €356 million
05 December 2016 | London | Reporter: Barney Dixon
Real estate investment manager ÆRIUM has completed a series of transactions totalling €356 million across Germany, the UK, Switzerland and Slovakia...
Passco and Perdew partner for portfolio sale
02 December 2016 | North Port, Florida | Reporter: Katherine Brown
Passco Companies and Perdew Investment Group, in a joint venture, have sold the Patriot Self Storage Portfolio for $19 million...
Automotive Properties buys dealership property
02 December 2016 | Montreal | Reporter: Becky Butcher
Automotive Properties REIT has purchased a car dealership property in Quebec, within the Great Montreal area, for approximately $14.3 million...
Clifford Chance advises on pan-European sale
02 December 2016 | London | Reporter: Becky Butcher
Clifford Chance has advised IRUS European Retail Property Fund on the sale of ten outlet centres for a combined total of €1.28 billion...
Orchard Street acquires Derby retail park
02 December 2016 | Derby | Reporter: Becky Butcher
Orchard Street Investment Management has completed the purchase of Kingsway Retail Park in Derby, for £57.3 million...
Rockspring sells Swiss retail portfolio
01 December 2016 | Switzerland | Reporter: Becky Butcher
Rockspring Property Investment Managers has completed the sale of three retail assets in Switzerland to Schroder ImmoPLUS...
RAF Pacifica sees el•e•vated leasing of new property
30 November 2016 | California | Reporter: Barney Dixon
RAF Pacifica Group has pre-leased almost 50 percent of its new creative industrial development el•e•vate before it’s scheduled completion in Q1 2017...
HSP appoints new real estate senior risk advisor
29 November 2016 | New York | Reporter: Becky Butcher
Hanover Stone Partners (HSP) has expanded its senior risk advisor team with the appointment of Ted Dann to its real estate team...
Goodman Park plans to redevelop logistics centre
29 November 2016 | Douai, France | Reporter: Becky Butcher
Goodman Group is redeveloping the Lauwin-Planque Logistics Centre in Northern France, increasing its capacity from 30,000 to 55,000 square metres...
KBS and Sterling Bay partner for Portland purchase
29 November 2016 | Portland, Oregon | Reporter: Becky Butcher
KBS has teamed up with Sterling Bay to acquired five floors of the 15-storey Meier & Frank Building in Portland, for $54 million...
Two new leases for Shrewsbury shopping centre
29 November 2016 | Shrewsbury | Reporter: Becky Butcher
The UK Commercial Property Trust has signed two new leases at the Charles Darwin Shopping Centre in Shrewsbury...
BrickVest: Blockchain to boost real estate industry
29 November 2016 | London | Reporter: Stephanie Palmer
Institutional property investors can see a future for blockchain in the real estate investment industry, according to a survey by BrickVest...
M&G: Continental Europe sees low impact from Brexit
28 November 2016 | London | Reporter: Becky Butcher
The impact of Brexit on commercial property investment in continental Europe will remain quiet, as rental growth performance remains underpinned by strong consumer and business confidence, according to M&G Real Estate...
Rockspring buys German retail park for €117 million
28 November 2016 | Magdeburg | Reporter: Mark Dugdale
Rockspring Property Investment Managers has acquired the Flora Park shopping centre in Magdeburg for €117 million...
Empiric makes £15.98m investment in Leicester
28 November 2016 | Leicester | Reporter: Barney Dixon
Student accommodation operator Empiric Student Property (ESP) has set up three forward funding arrangements with a Leicester-based property company for a total investment of £15.98 million...
PGIM Real Estate awarded £265m mandate
25 November 2016 | London | Reporter: Becky Butcher
Pace, the pension arrangement for Co-op employees, has selected PGIM Real Estate to develop and manage its UK real return portfolio...
Barings completes warehouse land acquisition
25 November 2016 | Lille, France | Reporter: Katherine Brown
Barings Real Estate Advisers, formerly Cornerstone Real Estate Advisers, a real estate-focused investment adviser, has completed the acquisition of a plot of land in Lesquin, France...
Investcorp gives US portfolio $250m boost
24 November 2016 | Boston | Reporter: Stephanie Palmer
The US real estate arm of alternative investment manager Investcorp has acquired five property portfolios in Boston and Denver for a total of about $250 million...
NYSE 'approves' cannabis REIT IPO
24 November 2016 | New York | Reporter: Mark Dugdale
The New York Stock Exchange has approved an initial public offering of a REIT that invests in medical-use cannabis facilities, according to reports...
Data at centre of AXA IM €36.4m acquisition
23 November 2016 | Amsterdam | Reporter: Stephanie Palmer
AXA Investment Managers – Real Assets has completed the €36.4 million acquisition of a new data centre in Amsterdam, on behalf of AXA Insurance Companies...
LondonMetric expands warehouse portfolio
23 November 2016 | London | Reporter: Becky Butcher
LondonMetric Property has expanded its portfolio with the purchase of eight distribution warehouses for a total of £39.9 million...
VIA Outlets acquires European outlet portfolio
23 November 2016 | London | Reporter: Mark Dugdale
The VIA Outlets joint venture has acquired four established outlet centres in Europe worth €587 million...
Orchard Street agrees new 10-year lease
23 November 2016 | London | Reporter: Becky Butcher
Orchard Street Investment Management has agreed a new 10-year lease with Tacklestore at Rockingham Gate distribution park, located near Bristol...
Amicus turns attention to North of England
22 November 2016 | Manchester | Reporter: Katherine Brown
Amicus Finance, a specialist financial services group and short-term property loan provider, has opened a new office on Princess Street, Manchester, to expand its presence in the North of England...
AEW hires research and strategy head
22 November 2016 | London | Reporter: Stephanie Palmer
Real estate asset manager AEW has appointed Hans Vrensen as European head of research and strategy...
Stos Partners nabs San Diego industrial building
22 November 2016 | California | Reporter: Becky Butcher
Stos Partners has purchased a single-tenant industrial building located in San Diego’s National City submarket, for $12.2 million...
Voit completes $23.6 million sale
21 November 2016 | California | Reporter: Becky Butcher
Voit Real Estate Services has completed the purchase of a retail entertainment centre and commercial office building, on behalf of 8990 Miramar Landing LP, for $23.6 million...
MetroGroup secures $50.3 million in financing
21 November 2016 | San Antonio, Texas | Reporter: Becky Butcher
MetroGroup Realty Finance has restructured the debt on two office buildings, one in Denver, Colorado and one in San Antonio, Texas...
BLT Enterprises sells industrial property
21 November 2016 | Oxnard, California | Reporter: Becky Butcher
BLT Enterprises has completed the sale of an industrial building, located in Oxnard, California, to Hazlet for $11.75 million...
M&G Real estate appoints Kevin Vickers
21 November 2016 | London | Reporter: Becky Butcher
Kevin Vickers has joined M&G Real Estate’s long income real estate team as director of investment management...
Orchard Street facilitates £34.5m Hammersmith sale
21 November 2016 | London | Reporter: Becky Butcher
Orchard Street Investment Management has purchased One King Street in Hammersmith from Helical, on behalf of Orchard Street Prime Property...
REIT to increase sec lending pool
21 November 2016 | New York | Reporter: Drew Nicol
Real estate investment trust Two Harbors Investments is currently in the market for a new portfolio of mortgage-backed securities that is can open up to securities financing activities...
AXA IM acquires stake in French infrastructure
18 November 2016 | Bordeaux | Reporter: Barney Dixon
Real estate portfolio and asset manager AXA Investment Managers has entered into a joint acquisition of a 42 percent stake in Atlandes, the concession-holder of the French A63 motorway...
AEW affiliate acquires €188m shopping portfolio
18 November 2016 | Marseille, France | Reporter: Stephanie Palmer
NAMI - AEW has finalised the acquisition of two shopping centres in France for €188 million...
KBS acquires Houston office building
17 November 2016 | Houston | Reporter: Becky Butcher
KBS Growth & Income REIT has purchased The Offices at Greenhouse, a five-floor office building in Houston...
Tishman Speyer signs new lease tenant for Verde SW1
17 November 2016 | London | Reporter: Becky Butcher
Tishman Speyer has agreed a lease with Mirabaud Group for Verde SW1, a development in London Victoria...
Henderson Park reveals its first purchase
17 November 2016 | Paris | Reporter: Becky Butcher
Henderson Park, the new European real estate investment platform, has acquired its first asset, Le Méridien Etoile hotel in Paris...
PGIM provides loan for Amazon UK’s warehouse
17 November 2016 | London | Reporter: Becky Butcher
PGIM Real Estate Finance has provided a £75.6 million loan to the investors who acquired Bardon Logistics Facility, a warehouse developed to serve as Amazon UK’s centre located in Leicestershire...
Olive Hill secures office lease
17 November 2016 | California | Reporter: Becky Butcher
Olive Hill Group has leased 50 percent of the fifth floor at its recently-acquired creative office campus in Culver City, California...
London property prices still on the up
17 November 2016 | London | Reporter: Becky Butcher
Property prices in London will continue to rise in 2017, but investors will look to other UK locations for growth, according to an RSM survey...
Deutsche AM closes real estate debt fund
16 November 2016 | London | Reporter: Mark Dugdale
Deutsche Asset Management has closed a new real estate debt fund mandate totalling €750 million in commitments...
Inland Homes teams up with Anderson Group
16 November 2016 | Basildon | Reporter: Becky Butcher
Inland Homes and Anderson Group have entered into a joint venture to develop 43 new homes on a site in Gardiners Lane, Basildon, Essex...
Hispania sees net profits increase 11-fold
16 November 2016 | Madrid | Reporter: Becky Butcher
Hispania reached a net profit of €137 million in the first nine months of 2016, 11 times more than in the same period in 2015...
AXA IM launches €600 million development fund
16 November 2016 | London | Reporter: Stephanie Palmer
European real estate portfolio and asset manager AXA Investment Managers (IM) – Real Assets has closed its Development Venture IV fund, having raised capital of more than €600 million...
Netherlands students get the hotel treatment
15 November 2016 | Amsterdam | Reporter: Becky Butcher
The Student Hotel group has acquired an 85 percent stake of The Carlyle Group’s portfolio of three student properties located in Rotterdam, The Hague and Amsterdam West...
Orchard Street completes distribution unit transaction
15 November 2016 | Thurrock | Reporter: Becky Butcher
Orchard Street Investment Management has finalised the purchase of Dolphin Park, located in Thurrock, East London, for £11 million...
New HQ facility on the cards in San Diego
15 November 2016 | San Diego | Reporter: Becky Butcher
RAF Pacifica Group has released plans to create a 144,461-square foot corporate headquarters facility in Carlsbad, San Diego...
AEW buys French portfolio
15 November 2016 | Lille | Reporter: Becky Butcher
AEW has completed the purchase of a portfolio of three properties in Cannes and Lille for a combined total of €60 million...
JLL recruits Hanna Clarke in Australia
14 November 2016 | Sydney | Reporter: Mark Dugdale
JLL has bolstered its valuations team in Sydney with the addition of Hanna Clarke as director of retail valuations.​..
Hines REIT continues selling spree
14 November 2016 | Houston | Reporter: Mark Dugdale
Hines REIT has completed the sale of seven West Coast office assets for $1.16 billion as it presses ahead with its plans to dissolve...
Phase one complete of Hartlepool redevelopment
14 November 2016 | Hartlepool | Reporter: Becky Butcher
M7 Real Estate has completed the initial phase of its £3.5 million redevelopment and rebrand of Vision Retail Park in Hartlepool...
Crosslane adds to Newcastle student portfolio
11 November 2016 | Newcastle | Reporter: Becky Butcher
Crosslane Student Developments has acquired a site in Newcastle and started work to create a new 135-bed student accommodation scheme...
Logistics portfolio changes hands for €2.4 billion
11 November 2016 | Prague | Reporter: Stephanie Palmer
GIC Real Estate has acquired P3, an owner, developer and asset manager of logistics properties with a portfolio totalling 3.3 million square metres, for €2.4 billion...
Steen & Strøm sells two shopping centres for €235m
11 November 2016 | Oslo | Reporter: Mark Dugdale
The shopping centre owner sold its stakes in Åsane Storsenter in Bergen, Norway, and Torp Köpcentrum in Uddevalla, Sweden, to the Olav Thon Group...
Prague’s Florentinum changes hands
10 November 2016 | Prague | Reporter: Stephanie Palmer
Chinese investment group CEFC has completed the purchase of the Florentinum office building in Prague, from Penta Investments, for an undisclosed sum...
W.P. Carey acquisition easy as ABC
10 November 2016 | New York | Reporter: Stephanie Palmer
W.P. Carey has completed a sale-and-leaseback transaction for a portfolio of 10 industrial facilities and one office building, and entered into an additional agreement for the acquisition of four more properties, all from ABC Group...
Bilfinger exec joins Avison Young in London
10 November 2016 | London | Reporter: Stephanie Palmer
Jason Sibthorpe has joined Avison Young as a principal and managing director for UK operations, effective immediately...
Real estate fundamentals will prevail, says Barings
09 November 2016 | London | Reporter: Mark Dugdale
The fundamentals underlying the US real estate market are sound and investors should not fear a downturn, Michael Gately of Barings Real Estate Advisers said in reaction to the news that Donald Trump is to become the next US president...
Singapore’s Marina Bay attracts billion-dollar bids
09 November 2016 | Singapore | Reporter: Mark Dugdale
A plot of land in Singapore’s Marina Bay could fetch as much as S$2.6 billion (US$1.9 billion)...
Trump stumps markets, world
09 November 2016 | New York | Reporter: Drew Nicol
Property magnate and reality TV star Donald Trump has defied all expectations to become the 45th US president, immediately throwing global markets into turmoil...
Private fund managers enjoy booming business
08 November 2016 | London | Reporter: Mark Dugdale
Private fund managers returned a record $194 billion to real estate investors in 2015, according to Preqin...
Grand Coast chooses SS&C Precision LM
08 November 2016 | Massachusetts | Reporter: Shirley Fehr Rodriguez
Real estate manager Grand Coast Capital Group has appointed SS&C Precision LM for commercial servicing and fund administration...
MBERP III purchases historic Berlin building
07 November 2016 | Berlin | Reporter: Shirley Fehr Rodriguez
Meyer Bergman European Retail Partners III (MBERP III) has acquired Topas Arkade, a building on Friedrichstrasse, Central Berlin...
90 North passes $1.5 billion milestone
04 November 2016 | Cincinnati | Reporter: Shirley Fehr Rodriguez
London real estate investment firm 90 North has completed its 25th acquisition, taking the total assets it advises on worldwide to over $1.5 billion...
M&G strengthens residential team
04 November 2016 | London | Reporter: Shirley Fehr Rodriguez
M&G Real Estate has appointed Freddie Wonnacott (second from right) and Andrew Cook (far left) to its UK residential property team as investment managers...
Jing Dong Lai joins M&G Asia
03 November 2016 | Singapore | Reporter: Shirley Fehr Rodriguez
M&G Real Estate has appointed Jing Dong Lai as acquisitions director for Asia...
CPA:17–Global trust completes $41m acquisition
03 November 2016 | New York | Reporter: Stephanie Palmer
CPA:17–Global has invested $41 million to complete a sale-and-leaseback transaction on four distribution facilities plus build-to-suit financing for an additional property...
TA Realty closes $67m acquisition
02 November 2016 | Boston | Reporter: Shirley Fehr Rodriguez
Real estate investment manager TA Realty has acquired a 184-unit residential property in Swampscott, Massachusetts, for $67 million, on behalf of a state pension fund...
European real estate investors targeting logistics
02 November 2016 | London | Reporter: Shirley Fehr Rodriguez
The logistics, retirement home and residential sectors will provide the strongest real estate investment opportunities over the next 12 months, according to a survey by BrickVest...
HFF concludes $141.8m Washington sale
01 November 2016 | Washington DC | Reporter: Shirley Fehr Rodriguez
Holliday Fenoglio Fowler has completed the sale of 1025 Thomas Jefferson Street, an office building in central Georgetown, Washington DC, for $141.8 million...
Passco invests $72m in Atlanta
01 November 2016 | Atlanta | Reporter: Shirley Fehr Rodriguez
Passco Companies has acquired Two Blocks, a 400-unit residential community in Dunwoody, Atlanta, for $72 million...
Coima launches €500m Italy-focused fund
01 November 2016 | Milan | Reporter: Shirley Fehr Rodriguez
Coima SGR has finalised the first closing of Coima Opportunity Fund II, a new €500 million real estate investment fund, focused on the development projects in Italy...
AXA IM does apartment complex deal
01 November 2016 | North Carolina | Reporter: Mark Dugdale
The real assets division of AXA Investment Managers has completed the acquisition of Century Northlake Apartments in Charlotte, North Carolina, for an undisclosed sum...
Capital & Regional sells The Mall for £86million
31 October 2016 | Surrey, England | Reporter: Shirley Fehr Rodriguez
Real estate investment trust Capital & Regional has exchanged contracts for the sale of The Mall, a shopping centre in Camberley, Surrey, for £86 million in cash...
Situs Europe welcomes new CEO
28 October 2016 | London | Reporter: Shirley Fehr Rodriguez
Situs has appointed Christian Bearman as CEO of Situs Europe, effective from 1 February 2017...
Barwood launches fourth property fund
28 October 2016 | London | Reporter: Shirley Fehr Rodriguez
Barwood Capital has launched Barwood Property Fund 2017, a closed-ended five-year real estate fund with a potential size of £150 million...
BKM debut fund goes for 18th asset
28 October 2016 | Washington | Reporter: Shirley Fehr Rodriguez
BKM Capital Partners has purchased Andover Executive Park, an eleven-building multi-tenant industrial business park in Kent, Washington, for $19.8 million...
Richard Howling to become COO of JLL UK
27 October 2016 | London | Reporter: Shirley Fehr Rodriguez
JLL UK has appointed Richard Howling as its new COO, starting from 1 January 2017...
Yo-Hann Tan to be Hong Kong CEO
27 October 2016 | Hong Kong | Reporter: Shirley Fehr Rodriguez
BNP Paribas Real Estate Asia Pacific has appointed Yo-Hann Tan as CEO of the new representative office Hong Kong...
FCPT sells Florida assets for $24.8m
27 October 2016 | Florida | Reporter: Shirley Fehr Rodriguez
Four Corners Property Trust (FCPT) has disposed of two properties in Pembroke Pines and Tampa, Florida, for $24.8 million...
MJ Real Estate Investors to focus on cannabis
27 October 2016 | California | Reporter: Shirley Fehr Rodriguez
Mark Paul and Jeff McGuire have launched MJRE, a company focused on investing in commercial properties leased to state regulatory compliant operators in the cannabis industry...
NY REIT names new independent directors
27 October 2016 | New York | Reporter: Shirley Fehr Rodriguez
New York REIT has named James Hoffmann, Gregory Hughes and Craig Bouchard as independent directors...
LCP to launch fourth fund
26 October 2016 | London | Reporter: Shirley Fehr Rodriguez
London Central Portfolio (LCP) is launching London Central Apartments IV (LCA IV), a new residential property fund focusing on prime central London properties...
TwinRock finds Canada investment opportunity
26 October 2016 | Canada | Reporter: Shirley Fehr Rodriguez
TwinRock Partners is concluding the funding for Rock Fund VII, a fund focusing on purchasing and renting distressed real estate assets throughout Canada...
State Street wins back Keane for AIS in APAC
26 October 2016 | Hong Kong | Reporter: Shirley Fehr Rodriguez
State Street has enticed Aisling Keane to return to the bank as head of alternative investment solutions for the Asia Pacific...
M7 in Dutch selling spree
25 October 2016 | Netherlands | Reporter: Shirley Fehr Rodriguez
M7 Real Estate has completed the sale of several non-core assets in the Netherlands for a total of €27.6 million...
UBS-AM invests in Spain
25 October 2016 | London | Reporter: Shirley Fehr Rodriguez
UBS Asset Management’s (UBS-AM) Global Real Estate (GRE) business has invested €89 million in two acquisitions in Spain...
UK property market standing up to Brexit
25 October 2016 | UK | Reporter: Shirley Fehr Rodriguez
UK property is showing a positive total return of 0.25 percent, according to the MSCI IPD UK All Property Monthly Index...
Asia Pacific core funds on the up
24 October 2016 | Hong Kong | Reporter: Shirley Fehr Rodriguez
APAC region have seen an improved performance from 3.36 percent in Q1 2016 to 3.46 percent in Q2 2016, according to the ANREV Quarterly Index...
Peter Smith joins TPG Real Estate Finance Trust
24 October 2016 | New York | Reporter: Shirley Fehr Rodriguez
TPG Real Estate Finance Trust (TRT) has appointed Peter Smith as managing director and head of originations, effective from late November...
Hispania invests €32m in Madrid project
24 October 2016 | Madrid | Reporter: Shirley Fehr Rodriguez
Hispania Activos Inmobiliarios has acquired a plot of land in Madrid for €32 million, with the intention to build two office buildings...
STORE releases fixed-rate notes of £335m
24 October 2016 | Arizona | Reporter: Shirley Fehr Rodriguez
Single Tenant Operational Real Estate (STORE) Capital Corporation has released a total of $335 million in long-term fixed-rate notes...
Milestone REIT purchases $242m portfolio
21 October 2016 | Dallas | Reporter: Shirley Fehr Rodriguez
Milestone Apartments Real Estate Investment Trust (REIT) has agreed to acquire a property portfolio in the ‘sun belt markets’ of the US, for $242.2 million...
BGP sells €1.1bn portfolio
21 October 2016 | Luxembourg | Reporter: Shirley Fehr Rodriguez
BGP Holdings has sold 100 percent of the business and assets of its property portfolio BGP Investment S.à r.l. at an enterprise value, including net debt, of over €1.1 billion...
BlackRock makes $170m for NY investment
20 October 2016 | New York | Reporter: Shirley Fehr Rodriguez
BlackRock Real Assets and SL Green Realty have teamed up for the ownership of 400 East 57th Street, a 261-unit residential property in Manhattan...
Marcus & Millichap closes Florida sale
20 October 2016 | Florida | Reporter: Shirley Fehr Rodriguez
The Institutional Property Advisors (IPA) division of Marcus & Millichap has concluded the sale of Calibre Bend Apartments, a 212-unit residential asset in Winter Park, Florida, for $29 million...
Aviva invests in Cambridge
20 October 2016 | Cambridge | Reporter: Shirley Fehr Rodriguez
Aviva Investors has forward-funded an £87 million loan for an office building in Cambridge city centre, on behalf of Aviva Life, Pensions UK and development specialist Brookgate...
Omnes and ProBTP pair up for French renovations
20 October 2016 | Paris | Reporter: Shirley Fehr Rodriguez
Omnes Capital and Pro BTP have launched a €100 million fund in France for financing the construction and renovation of high environment performance buildings in France...
Hawaiian REITs need dividend paid deduction
20 October 2016 | Hawaii | Reporter: Shirley Fehr Rodriguez
REITs have told Hawaii’s Department of Business, Economic Development & Tourism that real estate investment in the state could fall by 11 to 30 percent within five years if the DPD is dropped...
Quebec property sells for CAD 4.1m
19 October 2016 | Quebec | Reporter: Shirley Fehr Rodriguez
Nobel Real Estate Investment Trust (Nobel REIT) has completed the sale of 1190 Place Nobel, a property in Boucherville in Quebec, for CAD 4.1 million in cash...
Another Oregon property for Trion Properties
19 October 2016 | Oregon | Reporter: Shirley Fehr Rodriguez
Trion Properties has made its fourth acquisition the Oregon area, purchasing Hidden Villas, a 61-unit residential community in Beaverton for $7 million...
Monmouth invests $35.1m in industry
18 October 2016 | New York | Reporter: Shirley Fehr Rodriguez
Monmouth Real Estate Investment Corporation has acquired an industrial building in Hamburg, New York, for $35.1 million...
Claremont community gets StarPoint treatment
18 October 2016 | California | Reporter: Shirley Fehr Rodriguez
StarPoint Properties has acquired Indian Hill Villas, a 66,703-square foot residential property in Claremont, California, for $15.75 million...
Nicola Heryet joins Avison Young in New York
18 October 2016 | New York | Reporter: Shirley Fehr Rodriguez
Avison Young has appointed Nicola Heryet as a principal in its New York City office...
RedSky secures financing for Miami development
17 October 2016 | Miami | Reporter: Shirley Fehr Rodriguez
Terra Capital Partners has closed a mortgage loan of $21.36 million for RedSky Capital, for a site in Wynwood, Miami...
alstria refocuses on core assets
17 October 2016 | Hamburg, Germany | Reporter: Shirley Fehr Rodriguez
Deutsche Office, a subsidiary of alstria office REIT, has sold seven non-core assets in Germany for a total of €116.8 million...
Banner Oak launches to manage Akard Street
17 October 2016 | Texas | Reporter: Mark Dugdale
Patricia Gibson and Geoffrey Osborn of Hunt Realty Investments have set up a new real estate company to manage an about-to-be-sold investment venture...
New real estate partner at Simmons & Simmons
17 October 2016 | London | Reporter: Shirley Fehr Rodriguez
Simmons & Simmons has appointed Richard Hopkinson-Woolley as real estate partner in London...
Care home portfolio sells for £30m
17 October 2016 | England | Reporter: Shirley Fehr Rodriguez
Apache Capital Partners has sold a freehold portfolio of three care homes in the South East of England to MedicX Healthfund II, for £30 million...
Atalaya expands real estate team
14 October 2016 | New York | Reporter: Shirley Fehr Rodriguez
Real estate investment veteran Young Kwon has joined Atalaya Capital Management as managing director...
Joanne Skilton joins BNP Paribas Real Estate
14 October 2016 | London | Reporter: Shirley Fehr Rodriguez
BNP Paribas Real Estate has appointed Joanne Skilton as head of UK retail, effective from January...
New CFO at Jonathan Rose
14 October 2016 | New York | Reporter: Shirley Fehr Rodriguez
Jonathan Rose Companies has appointed Michael Arman as CFO...
EVI expands portfolio to the Netherlands
14 October 2016 | Amsterdam | Reporter: Shirley Fehr Rodriguez
AEW’s value-add fund, Europe Value Investors (EVI), has acquired the Coengebouw, an office building in Sloterdijk, Amsterdam...
Grupo Metta acquires Mexico City office
13 October 2016 | Mexico City | Reporter: Shirley Fehr Rodriguez
Mexican property developer Grupo Metta has acquired Santa Fe III, an office building in Mexico City, from Union Investments...
UBS refocused on Brazil
13 October 2016 | Brazil | Reporter: Shirley Fehr Rodriguez
UBS Asset Management (UBS-AM) Global Real Estate (GRE) has launched a new business initiative in Brazil, to meet the appetite of international investors...
ActivumSG invests in care properties
13 October 2016 | Jersey | Reporter: Shirley Fehr Rodriguez
An ActivumSG Capital Management fund has acquired 94 percent stake in WI-IMMOG, a specialist developer of senior housing...
Dragon Capital invests in Kiev logistics
12 October 2016 | Kiev | Reporter: Shirley Fehr Rodriguez
Dragon Capital Investments Limited has acquired East Gate Logistic and a 60 percent stake in West Gate Logistics, both in Kiev...
Safanad and WPT in office partnership
12 October 2016 | New York | Reporter: Shirley Fehr Rodriguez
Safanad and Workspace Property Trust (WPT) have formed a partnership to acquire a portfolio of 108 buildings and 26.7 acres of land, for $969 million...
Bridge IGP announces $2bn seniors’ initiative
11 October 2016 | New York | Reporter: Shirley Fehr Rodriguez
Bridge Investment Group Partners and its subsidiary ROC Seniors Housing Fund Manager have launched an initiative to invest over $2 billion in seniors’ housing and medical property assets...
Mark Forrest climbs at BNP Paribas Real Estate
11 October 2016 | Dublin | Reporter: Shirley Fehr Rodriguez
BNP Paribas Real Estate in Ireland has promoted Mark Forrest to the position of divisional director of development land...
CBRE and Pi Labs in proptech partnership
10 October 2016 | London | Reporter: Shirley Fehr Rodriguez
Pi Labs and CBRE have partnered up to exchange property industry expertise and to explore new trends and developments in property technology, or ‘proptech’...
KBS REIT extends lease
07 October 2016 | Charlotte, NC | Reporter: Becky Butcher
KBS Real Estate Investment Trust III has renewed its lease for 12,754 square feet of space in the Carillon building in Charlotte, to the Arts & Science Council of Charlotte and Fisher Phillips...
Empiric acquires five student portfolios
07 October 2016 | London | Reporter: Becky Butcher
Empiric Student has purchased the freeholds of five operating properties, one in Exeter, two in Leicester and two in Portsmouth, for a cash consideration of £26.69 million...
Russian fashion group tries JLL for size
06 October 2016 | Moscow | Reporter: Shirley Fehr Rodriguez
JLL has been appointed as a consultant by Fashion House Group, for leasing activities in the Russian market..
Sagex snags Dutch industrial property
06 October 2016 | Stockholm | Reporter: Shirley Fehr Rodriguez
Swedish commercial real estate developer Sagax has acquired Donker Duyvisweg 301, an industrial building in Dordrecht, the Netherlands...
Budapest Millennium Towers sell for €175m
06 October 2016 | Budapest | Reporter: Stephanie Palmer
Central European real estate platform TriGranit has completed the €175 sale of the Millennium Towers office complex in Budapest...
Mount Street and Gresham join forces on loan control
06 October 2016 | Munich | Reporter: Shirley Fehr Rodriguez
Commercial real estate loan servicer Mount Street has partnered with Gresham to introduce Clareti Loan Control, a cloud-based data management platform...
My sound real estate investment in Budapest
05 October 2016 | Munich | Reporter: Shirley Fehr Rodriguez
Budapest has potential for real estate investment, according to Futureal Group, Topark and other Hungarian exhibitors at the Expo Real in Munich...
Successful Sacremento sales for Trion
05 October 2016 | Sacramento, California | Reporter: Stephanie Palmer
Trion Properties has sold two residential community properties in Sacremento, California, for a total of $25.5 million, following significant development to both...
BNP Paribas sets sights on new horizons
05 October 2016 | Copenhagen | Reporter: Shirley Fehr Rodriguez
BNP Paribas Real Estate has formed an alliance with Newsec in Denmark and Worx in Portugal, expanding coverage of its commercial real estate services...
Advance Residence invests in Tokyo
04 October 2016 | Tokyo | Reporter: Stephanie Palmer
Advance Residence Investment Corporation has agreed terms on the acquisition of three residential properties in Japan, adding to its existing portfolio...
JLL announces Russian real estate success
03 October 2016 | Moscow | Reporter: Shirley Fehr Rodriguez
Investment in Russian real estate reached a total value of $1.4 billion in Q3 2016, while volumes year-on-year are up 71 percent, according to JLL’s Q3 results...
Hume House sells for €35m
03 October 2016 | Dublin | Reporter: Shirley Fehr Rodriguez
Irish Life has acquired Hume House, an office block in Ballsbridge, Dublin, for €35 million...
Bascom acquires seniors’ community
03 October 2016 | Prescott, Arizona | Reporter: Shirley Fehr Rodriguez
Bascom Arizona Ventures has acquired the Prescott Lakes Senior Community, a 123-unit residential property in Prescott, Arizona, for $18 million...
Inland facilitates Charlotte’s acquisition
30 September 2016 | North Carolina | Reporter: Shirley Fehr Rodriguez
Inland Real Estate Acquisitions has facilitated the acquisition of Vanguard Northlake, a 204-unit residential property in Charlotte, North Carolina...
New purchase for M7 Real Estate
30 September 2016 | Germany | Reporter: Shirley Fehr Rodriguez
M7 Real Estate has acquired a central logistics warehouse in Unna, Germany...
The DOMI sells for €30.9m
30 September 2016 | Germany | Reporter: Shirley Fehr Rodriguez
Hamborner REIT AG has acquired the DOMI, a commercial building in Dortmund, Germany, for €30.9 million...
Ferhat Guven to work with Threadmark
29 September 2016 | New York | Reporter: Shirley Fehr Rodriguez
Threadmark has appointed Ferhat Guven as senior vice president in New York...
New public transport REIT in France
29 September 2016 | Paris | Reporter: Shirley Fehr Rodriguez
Foncière Atland, AG Real Estate and CETIM have created OPCI Transimmo, a leveraged real estate investment trust (REIT) targeting the public transportation sector...
Ulrike Haack to look after Germany and Austria
29 September 2016 | Paris | Reporter: Shirley Fehr Rodriguez
AXA Investment Managers - Real Assets has appointed Ulrike Haack as head of transactions for Germany and Austria...
Columbia Property Trust sells Denver Campus
28 September 2016 | Colorado | Reporter: Shirley Fehr Rodriguez
Angelo, Gordon & Co has acquired Denver Campus, a suburban office complex outside Englewood, Colorado, for £122 million...
Macquarie Capital appoints two managing directors
28 September 2016 | New York | Reporter: Shirley Fehr Rodriguez
Macquarie Capital has appointed Prabhu Raman and John Wieker as managing directors in its real estate group in New York...
Round Hill Capital’s new addition
27 September 2016 | London | Reporter: Shirley Fehr Rodriguez
Round Hill Capital has appointed Rob Reiskin as a senior managing director...
Mississippi welcomes Chase Properties
27 September 2016 | | Reporter: Shirley Fehr Rodriguez
Chase Properties has acquired Lakeland Commons, a shopping centre in Flowood, Mississippi...
Japan Real Estate AM pays JPY 2.78 billion
27 September 2016 | Hokuriku, Japan | Reporter: Shirley Fehr Rodriguez
Japan Real Estate Asset Management has purchased the Kanazawa Kamitsutsumicho Building in Hokuriku, Japan, for JPY 2.78 billion (£21.38 million)...
MRP Realty rings Liberty sell
26 September 2016 | Virginia | Reporter: Shirley Fehr Rodriguez
MRP Realty has acquired Liberty Park, an eight-building office portfolio in Herndon, Virginia, for $97 million...
Evans Anderson to join Clarion Partners
26 September 2016 | New York | Reporter: Shirley Fehr Rodriguez
Clarion Partners has appointed Evans Anderson as director and will be the assistant portfolio manager for Clarion’s multifamily sector fund in New York...
Nicky Wagner joins Prelios
26 September 2016 | Frankfurt | Reporter: Shirley Fehr Rodriguez
Prelios Investment Management has appointed Nicky Wagner as its new director of business development...
First private rented transaction for M&G Real Estate
26 September 2016 | London | Reporter: Shirley Fehr Rodriguez
M&G Real Estate has financed the development of a residential scheme in the Northern Quarter of Manchester, for £27.6 million...
Tikehau expands portfolio in France
22 September 2016 | Paris | Reporter: Shirley Fehr Rodriguez
Tikehau Investment Management has completed the acquisition of a strategic logistic asset for its OPCI, or French property regulated fund, Tikehau Logistics Properties I...
Partners pick up £30.8m Miami property
22 September 2016 | Miami | Reporter: Shirley Fehr Rodriguez
JZ Capital Partners (JZCP) and long-term partner RedSky Capital have purchased a new development site in Wynwood, Miami, for $30.8 million...
Fidelity facilitates French office sale
21 September 2016 | France | Reporter: Shirley Fehr Rodriguez
Fidelity Eurozone Real Estate Fund has finalised the €17 million sale of a French office building...
Spanish retail portfolio sells for €61m
21 September 2016 | Madrid | Reporter: Shirley Fehr Rodriguez
ActivumSG Iberia Fund I has completed the purchase of three shopping centres in Spain, for €61 million...
Finance complete for San Diego office building
21 September 2016 | San Diego | Reporter: Shirley Fehr Rodriguez
Continental Funding Group has secured financing for an office building in San Diego, for $7 million...
Kenneth Rouse joins BNP Paribas
20 September 2016 | Dublin | Reporter: Shirley Fehr Rodriguez
BNP Paribas Real Estate Ireland has appointed Kenneth Rouse to its board as executive director and head of investment and finance...
George Smith Partners facilitates $34m development loan
20 September 2016 | San Francisco | Reporter: Shirley Fehr Rodriguez
George Smith Partners has finalised the arrangement of a construction loan for the development of housing units in San Francisco’s Financial District, for $34 million...
Allianz closes first debt transaction in Sweden
20 September 2016 | Sweden | Reporter: Shirley Fehr Rodriguez
Allianz Real Estate has provided a loan of Swedish Krona 690 million (€73 million) for the refinancing of the Bergvik shopping centre in Karlstad, closing its first debt transaction in Sweden...
Homebuilders hammered by short sellers
19 September 2016 | London | Reporter: Drew Nicol
Homebuilders have been singled out by short sellers in the week of their earnings announcements, according to IHS Markit...
Terminal Tower sells for $38.5m
19 September 2016 | Cleveland | Reporter: Shirley Fehr Rodriguez
Forest City Realty Trust has completed the sale of Terminal Tower, in Cleveland, for $38.5 million...
Tristan Capital closes Swedish portfolio purchase
19 September 2016 | Sweden | Reporter: Shirley Fehr Rodriguez
Tristan Capital Partners has advised the EPI Special Opportunities 4 (EPISO 4) opportunity fund in its acquisition of four local shopping centres and a retail park in Sweden for €94 million...
Blackstone’s Justin Meissel joins Henley
19 September 2016 | London | Reporter: Shirley Fehr Rodriguez
Henley has appointed Justin Meissel as COO, marking the third senior management appointment in two months...
Susanne Given joins Tritax Big Box REIT
16 September 2016 | London | Reporter: Shirley Fehr Rodriguez
Tritax Big Box REIT has appointed Susanne Given as non-executive director and a member of its audit committee...
New executive vice presidents at KBS
16 September 2016 | California | Reporter: Shirley Fehr Rodriguez
Securities Lending default image
KBS has promoted Mimi Nguyen to the position of executive vice president of underwriting and named Robert Durand as executive vice president of financing...
Eadie to lead new CPPIB department
15 September 2016 | Toronto | Reporter: Shirley Fehr Rodriguez
Graeme Eadie has been appointed to the new role of senior managing director and global head of real assets for the Canada Pension Plan Investment Board...
Berkadia completes Jacksonville sale
15 September 2016 | Jacksonville, Florida | Reporter: Shirley Fehr Rodriguez
Berkadia has facilitated the sale of Viera at Mandarin, a residential property in Jacksonville, for $17.6 million...
Shopoff welcomes Eric Retzlaff
15 September 2016 | California | Reporter: Shirley Fehr Rodriguez
Eric Retzlaff has joined Shopoff Realty Investments as senior vice president and national sales manager...
Colorado purchase for Inland Real Estate Acquisitions
14 September 2016 | Colorado | Reporter: Shirley Fehr Rodriguez
Inland Real Estate Acquisitions has facilitated the acquisition of a 244-unit residential property in Lakewood, Colorado, on behalf of an un-named affiliate...
Jayne Backett joins Fieldfisher
14 September 2016 | London | Reporter: Shirley Fehr Rodriguez
Fieldfisher has appointed Jayne Backett as a real estate finance partner in its Finance group...
Winning weekend for RAF Pacifica
14 September 2016 | San Diego | Reporter: Shirley Fehr Rodriguez
RAF Pacifica Group has purchased a $10 million building in San Diego and secured a lease on it in the same weekend...
Fengate promotes new CFO
13 September 2016 | Oakville, Canada | Reporter: Shirley Fehr Rodriguez
Real estate investment firm Fengate Capital Management has promoted Pranav Pandya to the position of CFO...
Asta embarks on property insurance project
13 September 2016 | London | Reporter: Shirley Fehr Rodriguez
Asta has invested in the development of managing general agent (MGA) OverArk...
Voit completes sale in Rancho Cucamonga
12 September 2016 | California | Reporter: Shirley Fehr Rodriguez
Voit Real Estate Services has completed the sale of Arrow Business Park, a 136,806-square foot, seven-building business park in Rancho Cucamonga, California...
Brexit not affecting commercial auctions
12 September 2016 | London | Reporter: Shirley Fehr Rodriguez
Allsop has raised 30 percent more in commercial property auctions in 2016 so far than in the same period in 2015, making £365 million in 2016 compared to £278 million last year...
SEC charges ARCP executives
09 September 2016 | New York | Reporter: Shirley Fehr Rodriguez
The US Securities and Exchange Commission (SEC) has charged two former accounting executives with overstating the financial performance of a real estate investment trust...
Real estate fund closes for Strategic Partners
09 September 2016 | New York | Reporter: Shirley Fehr Rodriguez
Strategic Partners Fund Solutions has closed its sixth real estate fund at $1.3 billion...
Camelot Europe acquires Netherlands asset
09 September 2016 | Netherlands | Reporter: Shirley Fehr Rodriguez
Crosslane Dutch Developments has sold a 9,500 square meter property to Camelot Europe...
Market Central Da Vinci goes for €208m
08 September 2016 | Rome | Reporter: Shirley Fehr Rodriguez
M&G Real Estate and GWM Group have acquired Market Central Da Vinci in Rome, the largest retail park in Italy, for €208 million...
Bentall Kennedy to join AustralianSuper
08 September 2016 | Canada | Reporter: Shirley Fehr Rodriguez
AustralianSuper has appointed Bentall Kennedy as its real estate investment advisor in Canada...
Boultbee purchases Shoreditch office for £8.6m
08 September 2016 | London | Reporter: Shirley Fehr Rodriguez
Boultbee LDN has acquired a vacant office building in Shoreditch for £8.6 million...
BrickVest opens new path with £50m
08 September 2016 | London | Reporter: Shirley Fehr Rodriguez
BrickVest has launched three new pan-European income-producing investment opportunities worth £50 million...
West Midlands industrial estate sells for £18.75m
07 September 2016 | West Midlands, UK | Reporter: Shirley Fehr Rodriguez
The BA Pension Fund and Canmoore have acquired Willenhall Industrial Estate for £18.75 million from CBRE Global Investors...
Terreno acquires Somerset industrial asset
07 September 2016 | New Jersey | Reporter: Shirley Fehr Rodriguez
Terreno Realty Corporation has acquired an industrial property in Somerset, New Jersey, for $9.1 million...
Middle Eastern SWFs cut UK real estate investments
06 September 2016 | Qatar | Reporter: Shirley Fehr Rodriguez
Middle Eastern sovereign wealth funds (SWFs) decreased their investments in UK real estate markedly in the year before the EU referendum, turning instead to Asia, CBRE has reported...
Steve Groves joins Retirement Bridge Group
06 September 2016 | London | Reporter: Shirley Fehr Rodriguez
Retirement Bridge Group has appointed Steve Groves as chairman...
Fidentia sets up new real estate investment company
06 September 2016 | Belgium | Reporter: Shirley Fehr Rodriguez
Fidentia Real Estate Investments has launched a new real estate investment company...
Empiric’s new Emporium
06 September 2016 | Birmingham | Reporter: Shirley Fehr Rodriguez
Empiric and Linford CZero have entered a funding agreement to develop The Emporium, a 185-bedroom scheme in Birmingham, for £19.53 million...
Hamborner acquires Hanau retail centre
05 September 2016 | Hanau, Germany | Reporter: Shirley Fehr Rodriguez
Hamborner REIT has purchased Rondo Steinheim, a retail centre under construction, in Hanau, Germany, for €37.45 million...
Napa to welcome new community
05 September 2016 | Napa, California | Reporter: Shirley Fehr Rodriguez
BLT Enterprises has begun development work on Vista Tulocay, a 500-unit residential community in Napa, California...
Empiric expands business to Canterbury
02 August 2016 | Canterbury, England | Reporter: Shirley Fehr Rodriguez
Empiric Student Property has acquired the freehold of a 79-bed student accommodation property in Canterbury, Kent, for £9.2 million...
Real estate firms pair up to tackle Nordics
02 August 2016 | London | Reporter: Shirley Fehr Rodriguez
Round Hill Capital and StepStone Group Real Estate have acquired a Nordic industrial portfolio for $200 million...
New California community for Kennedy Wilson
01 September 2016 | Santa Clarity, California | Reporter: Shirley Fehr Rodriguez
Kennedy Wilson has acquired The Townhomes at Lost Canyon, a 157-unit community in Santa Clarity, California, for $61 million...
Clarion Partners purchases California property
01 September 2016 | Perris, California | Reporter: Shirley Fehr Rodriguez
Clarion Partners has acquired 3900 Indian Avenue, a warehouse and distribution property in Perris, California...
Rexford Industrial nabs $40 million complex
01 September 2016 | Orange County, California | Reporter: Shirley Fehr Rodriguez
Rexford Industrial has acquired a five-property industrial complex in Orange County, for approximately $40.1 million cash...
TMG acquires Broadway office
01 September 2016 | Oakland, California | Reporter: Shirley Fehr Rodriguez
TMG Partners has acquired 2201 Broadway, a 198,000-square foot office building in Oakland, California...
MSCI: European property investment on the up
31 August 2016 | London | Reporter: Shirley Fehr Rodriguez
Pan-European property funds have seen improvement, with a net fund return of 0.9 percent in Q2 2016, according to MSCI...
M&G to develop in Guildford
31 August 2016 | Guildford, England | Reporter: Shirley Fehr Rodriguez
M&G Real Estate has secured planning permission for a £6 million office development in Guildford, Surrey...
Monmouth secures industrial acquisitions
31 August 2016 | Florida | Reporter: Shirley Fehr Rodriguez
Monmouth Real Estate Investment Corporation has acquired two industrial buildings totalling over 600,000 square feet in Kansas and Florida, for over $65 million...
Work begins on Coventry’s Imperial Park
30 August 2016 | Coventry, England | Reporter: Shirley Fehr Rodriguez
M&G Real Estate has started construction of Imperial Park, a new logistics park in Coventry, with the help of Rigby Group and development manager Evander Properties...
Passco acquires Florida residence for $75m
30 August 2016 | Bradenton, Florida | Reporter: Shirley Fehr Rodriguez
Passco Companies has acquired ParkCrest Landings, a 400-unit residential property in Bradenton, Florida, for $75 million...
Developers partner on Bjørvika development
30 August 2016 | Bjørvika, Norway | Reporter: Shirley Fehr Rodriguez
Skanska and HAV Eiendom have partnered up on a NOK 495 million (€53.3 million) contract to develop a hotel, retail space and apartment complex in Bjørvika, Norway...
New president at Clayton Holdings
26 August 2016 | Philadelphia | Reporter: Shirley Fehr Rodriguez
Radian Group has appointed Jeff Tennyson as president of Clayton Holdings, Radian’s principal mortgage and real estate services business...
Hobby Lobby arrives at Quincy Plaza
25 August 2016 | Ottumwa, Iowa | Reporter: Shirley Fehr Rodriguez
Crafting and home décor chain Hobby Lobby is opening a new chain at the Quincy Plaza shopping centre in Ottumwa, Iowa, Phillips Edison & Company has announced...
KBS REIT II wins office lease renewal
25 August 2016 | Denver, Colorado | Reporter: Shirley Fehr Rodriguez
KBS Real Estate Investment Trust II has announced the renewal of an office lease in Denver, Colorado...
REIT created for casino project
24 August 2016 | Mactan, Philippines | Reporter: Shirley Fehr Rodriguez
Calata Corporation has partnered with Sino-America Gaming Investment Group and Macau Resources Group to create a real estate investment trust for a 14-hectare casino resort on Mactan Island, Cebu...
Hong Kong REIT reaches new horizons
24 August 2016 | Eindhoven, Netherlands | Reporter: Shirley Fehr Rodriguez
New Century REIT has acquired Holiday Inn in Eindhoven, the Netherlands...
Donahue Schriber acquires Oregon shopping centre
24 August 2016 | Beaverton, Oregon | Reporter: Shirley Fehr Rodriguez
Donahue Schriber Realty Group has acquired Progress Ridge TownSquare in Beaverton, Oregon...
M&G invests €190m in Europe
23 August 2016 | London | Reporter: Shirley Fehr Rodriguez
Property investor M&G Real Estate has invested just under €190 million in European commercial property in Paris, Barcelona and Copenhagen...
IEC acquires $46m Silicon Valley asset
23 August 2016 | Silicon Valley | Reporter: Shirley Fehr Rodriguez
Interstate Equities Corporation (IEC) has acquired a 137-unit residential property in Milpitas, Silicon Valley, for $46 million...
Matthew Stone to join M&G
22 August 2016 | London | Reporter: Shirley Fehr Rodriguez
M&G Real Estate has appointed Matthew Stone as head of long income real estate...
Helvetica launches new real estate fund
22 August 2016 | Zurich, Switzerland | Reporter: Shirley Fehr Rodriguez
The independent fund management company, Helvetica Property Investors, is launching the Helvetica Swiss Commercial real estate fund...
KBS REIT II completes Clayton office lease
22 August 2016 | Clayton, Missouri | Reporter: Shirley Fehr Rodriguez
KBS Real Estate Investment Trust II has leased out 20,606 square feet of office space at its Pierre Laclede Center in Clayton, Missouri...
Fidelity Investments launches new fund
19 August 2016 | Boston | Reporter: Shirley Fehr Rodriguez
Fidelity Investments has launched Fidelity Advisor Global Real Estate Fund, for investing in US and international real estate securities...
Seattle Metro industrial park sells for $45.2m
19 August 2016 | Seattle | Reporter: Shirley Fehr Rodriguez
BKM Capital Partners has acquired a 27-building industrial park in Seattle, for $45.2 million...
Above-average returns possible, says Deutsche AM
19 August 2016 | London | Reporter: Mark Dugdale
Real estate should deliver average to above-average returns in many markets going forward, according Deutsche Asset Management...
American Realty snags $206m Boston retail asset
19 August 2016 | Boston | Reporter: Shirley Fehr Rodriguez
American Realty Advisors has purchased a retail asset at Boston’s University Station from Westwood Marketplace Holdings for $206 million...
Alexandra Savelli joins Lunson Mitchenall team
18 August 2016 | UK | Reporter: Shirley Fehr Rodriguez
Lunson Mitchenall has appointed Alexandra Savelli to its shopping centre leasing team as a surveyor...
Dream REIT accepts realities of Alberta market
18 August 2016 | Toronto | Reporter: Mark Dugdale
Dream REIT has recorded losses of $675.3 million and $748.4 million on its Alberta portfolio for the three- and six-month periods ending 30 June...
Passco acquires $80m Phoenix community
18 August 2016 | Chandler, Arizona | Reporter: Shirley Fehr Rodriguez
Passco Companies has acquired Almeria at Ocotillo, a class A 389-unit residential community in Chandler, Arizona, for $80 million from PB Bell...
BKM Capital Partners acquires $15.65m asset
17 August 2016 | Las Vegas | Reporter: Shirley Fehr Rodriguez
BKM Capital Partners has purchased Spencer Airport Center in Las Vegas for $15.65 million...
Shoreditch welcomes two new leases
17 August 2016 | London | Reporter: Shirley Fehr Rodriguez
Schroder UK Real Estate Fund (SREF) has completed two new leases in Shoreditch, London...
ESP acquires £21.5m assets
17 August 2016 | UK | Reporter: Shirley Fehr Rodriguez
Empiric Student Property (ESP) has acquired the freeholds of three properties for £21.5 million...
Aberdeen offers advice on open-ended property funds
16 August 2016 | London | Reporter: Shirley Fehr Rodriguez
Aberdeen Asset Management has issued a briefing on open-ended property funds following the so-called Brexit vote, arguing that fund managers must remain fair to all investors, even in stressed market conditions...
Shoosmiths partners up
16 August 2016 | London | Reporter: Shirley Fehr Rodriguez
Law firm Shoosmiths has appointed Angus Evers and Ed John as partners to its real estate team in London...
CFG secures financing for LA assets
16 August 2016 | Los Angeles | Reporter: Shirley Fehr Rodriguez
Continental Funding Group (CFG) has secured $8.23 million in financing for three Class-A industrial assets in the greater Los Angeles region...
Old Mutual lines up $500 million investment
15 August 2016 | Nigeria | Reporter: Shirley Fehr Rodriguez
Old Mutual Investment Group (OMIG) and the Nigerian Sovereign Investment Authority (NSIA) are planning to invest $500 million in real estate in Nigeria...
From Russia with good news
15 August 2016 | Moscow | Reporter: Shirley Fehr Rodriguez
Jones Lang LaSalle (JLL) has found improvements in the hotel, warehouses and office sectors across Russia so far in 2016...
Acquisitions abound for Tritax
12 August 2016 | UK | Reporter: Shirley Fehr Rodriguez
Tritax Big Box REIT has acquired two warehouse properties, one in Peterborough for £42.9 million and another in Manchester for £23.5 million...
SREF in sweet lease deal
11 August 2016 | Bedforshire, UK | Reporter: Shirley Fehr Rodriguez
Schroder UK Real Estate Fund (SREF) has completed a 103,000-square foot unit lease of an industrial distribution centre in Bedfordshire...
BLT continues San Diego expansion
11 August 2016 | San Diego | Reporter: Shirley Fehr Rodriguez
The commercial real estate investment company BLT Enterprises has acquired an office building, Sorrento Tech III, in San Diego, California...
Rockcastle targets CEE region
11 August 2016 | Prague | Reporter: Shirley Fehr Rodriguez
Rockcastle Global Real Estate Company has acquired Forum Liberec shopping centre in the Czech Republic, for €80 million...
Savills IM launches €300m Italian fund
10 August 2016 | Italy | Reporter: Shirley Fehr Rodriguez
Savills Investment Management (Savills IM) has launched the Mercury Fund, a €300 million fund managed on behalf of two Italian investors, Conad and Gruppo Cattolica Assicurazioni...
Urbanest refinances £350 million London portfolio
10 August 2016 | London | Reporter: Shirley Fehr Rodriguez
Urbanest is refinancing its £350 million property portfolio with M&G Investments and Aviva Investors Real Estate Finance...
Happy days for RPA
10 August 2016 | Illinois | Reporter: Shirley Fehr Rodriguez
Retail Properties of America (RPA) has seen a successful H1 2016, including dispositions totalling over $400 million, according to its latest figures...
Canadian real estate investment fund attracts shorts
10 August 2016 | London | Reporter: Mark Dugdale
Boardwalk REIT is among short sellers’ most sought after stock in the run-up to its next earnings announcement, according to IHS Markit...
M&G Real Estate expands European team
09 August 2016 | Paris | Reporter: Shirley Fehr Rodriguez
The real estate fund management arm of M&G Investments, M&G Real Estate, has appointed Marc Reijnen as head of asset management in Paris...
Taylor Wimpey sees 20.4 percent price increase
09 August 2016 | Palma de Mallorca, Spain | Reporter: Shirley Fehr Rodriguez
Spanish developer Taylor Wimpey España has announced that the average selling price of its properties has increased by 20.4 percent...
Tritax extends loan maturity to 2023
08 August 2016 | London, UK | Reporter: Shirley Fehr Rodriguez
Tritax Big Box Real Estate Investment Trust has agreed terms to extend maturity of its £50.87 million loan facility with Landesbank Hessen-Thüringen Gironzentrale from July 2020 to July 2023...
Trion Properties gains Silicon Valley apartments
08 August 2016 | Silicon Valley | Reporter: Shirley Fehr Rodriguez
LA based private equity firm Trion Properties has acquired a 48-unit apartment building in Redwood City, Silicon Valley, for $15 million...
Bascom purchases 37th property for $22.15m
08 August 2016 | Redlands, California | Reporter: Shirley Fehr Rodriguez
Bascom Group has acquired Del Flora Apartments, a 152-unit community in Redlands, Southern California, for $22.15 million...
HMRC relocates to Croydon
05 August 2016 | London | Reporter: Shirley Fehr Rodriguez
HM Revenue and Customs is moving into One Ruskin Square, East Croydon, an office building managed by Schroder UK Real Estate Fund...
Deborah Lloyd to chair AREF
05 August 2016 | London, UK | Reporter: Shirley Fehr Rodriguez
The Association of Real Estate Funds (AREF) has appointed Deborah Lloyd to its board as chairman, replacing David Wise, effective from January 2017...
KBS acquires Austin offices
05 August 2016 | Austin, Texas | Reporter: Shirley Fehr Rodriguez
KBS Realty Advisors has acquired Stonebridge Plaza I & II, two office towers in Austin, Texas...
Bank of England finally drops interest rates
04 August 2016 | London | Reporter: Shirley Fehr Rodriguez
The Bank of England has dropped interest rates by 25 basis points to 0.25 percent, saying the outlook for growth in the short to medium term has “weakened markedly”...
DIC AG acquires €59.3m German shopping centre
04 August 2016 | Halle, Germany | Reporter: Shirley Fehr Rodriguez
Curzon Capital Partners III (CCP), a core plus fund advised by Tristan Capital Partners and Cornerstone Real Estate Advisers, has sold a retail centre in Halle, Germany for €59.3 million...
Strong H1 for Hispania
03 August 2016 | Madrid | Reporter: Shirley Fehr Rodriguez
Hispania Activos Inmobiliarios had a strong start to 2016, achieving a net attributable profit of €120 million in H1, 11 times the figure in H1 2015...
UK leads commercial slowdown in Europe
03 August 2016 | London, UK | Reporter: Shirley Fehr Rodriguez
Uncertainty around the UK’s affiliation with European Union led to a downturn in commercial real estate investment in H1 2016, according to Real Capital Analytics (RCA)...
Kimco shakes up financial outlook
02 August 2016 | New York | Reporter: Shirley Fehr Rodriguez
Kimco Realty Corporation is planning to implement a set of strategic initiatives, including absorbing its primary taxable real estate investment trust (REIT) subsidiary...
Hunter UK Retail Trust reaches £50 million milestone
01 August 2016 | Nottingham, England | Reporter: Shirley Fehr Rodriguez
Hunter Real Estate Investment Managers has acquired two additional retail assets to its Hunter UK Retail Trust, pushing the value of purchases in the trust over £55 million...
Passco acquires $50.4m Louisville asset
29 July 2016 | Louisville, Kentucky | Reporter: Shirley Fehr Rodriguez
Passco Companies has purchased The Veranda, a class AA 236-unit residential community in Prospect, Kentucky, for $50.4 million...
Kiel office sells for €20.9 million
29 July 2016 | Kiel, Germany | Reporter: Shirley Fehr Rodriguez
Hamborner REIT has signed a purchase agreement for an office in Kiel, Germany, for €20.9 million...
Stos Partners acquires $6m San Diego asset
28 July 2016 | San Diego | Reporter: Shirley Fehr Rodriguez
Commercial real estate investment and management firm Stos Partners has purchased a 22,000 square-foot multiple-use property in Carlsbad Village, San Diego, for $6 million...
Chinese outflows reach $17 billion
27 July 2016 | Shanghai | Reporter: Shirley Fehr Rodriguez
China has become world’s second largest source of outbound property investment, with cross-border property investment reaching $17 billion in the first five months of 2016...
IW&I redeploys to non-traditional property
27 July 2016 | UK | Reporter: Shirley Fehr Rodriguez
Investec Wealth & Investment (IW&I) has redeployed approximately 20 percent of its real estate exposure from conventional property investments to non-traditional property freeholds...
Liz Hurley joins Voit Real Estate Services
26 July 2016 | Orange County, California | Reporter: Shirley Fehr Rodriguez
Voit Real Estate Services has expanded its brokerage team, appointing Liz Hurley as senior vice president...
Washington REIT completes $111.5 million office sale
26 July 2016 | Maryland | Reporter: Shirley Fehr Rodriguez
Washington Real Estate Investment Trust has concluded the sale of its 692,000 square-foot Maryland office for $111.5 million...