Latest manager news – Page 32
-
Asset Manager NewsPGIM Real Estate acquires stake in leading UK commercial property company
PGIM Real Estate has acquired a 25 per cent stake in Langtree, on behalf of an investment strategy, in a multi-million pound deal. Langtree is a leading UK regional property development and management business.
-
Asset Manager NewsPGIM Real Estate and Alyssa Partners acquire a portfolio of newly built residential assets in Tokyo for JPY 9.2bn
A joint venture partnership formed between PGIM Real Estate and Alyssa Partners has entered into sale and purchase agreements with two unrelated counterparts to acquire four newly built multifamily assets located in Tokyo.
-
Asset Manager NewsPGIM Real Estate on track to reach US$1B for Asia Pacific Value-Add Fund IV
The fourth in PGIM Real Estate’s series of Asia Pacific value-add funds, AVP IV, has raised US$970 million, and is in advanced discussions for additional commitments that would take the capital raise to over US$1 billion.
-
Asset Manager NewsPGIM Real Estate arranges $75M in Freddie Mac loans for two apartment community acquisitions
– PGIM Real Estate has arranged a total of $75 million in Freddie Mac loans on behalf of TruAmerica Multifamily for its acquisition of two apartment communities in the U.S. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.4 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
-
Asset Manager NewsTour Saint-Gobain, recently completed by Generali Real Estate in La Défense, Paris, tops international sustainability certifications
Generali Real Estate and Saint-Gobain are proud to announce that the Tour Saint- Gobain, hosting the new global headquarters of Saint-Gobain in La Défense, near Paris, has achieved all the four main international environmental certifications at the highest levels.
-
Asset Manager NewsGreystar acquires student accommodation complex in Utrecht, The Netherlands, from KKR for €98.5m
Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development, and management of high-quality rental housing, has acquired a purpose-built student accommodation (“PBSA”) complex in Utrecht, The Netherlands, for €98.5 million in an off-market transaction from leading global investment firm KKR for a managed fund.
-
Asset Manager NewsTour Saint-Gobain, recently completed by Generali Real Estate in La Défense, Paris, tops international sustainability certifications
Generali Real Estate and Saint-Gobain are proud to announce that the Tour Saint- Gobain, hosting the new global headquarters of Saint-Gobain in La Défense, near Paris, has achieved all the four main international environmental certifications at the highest levels.
-
Asset Manager NewsPATRIZIA acquires 189-unit residential development in greater Stockholm for EUR 62 million
PATRIZIA AG, a leading partner for global real assets, has acquired a residential development near Stockholm, Sweden, for EUR 62 million from Scandinavian Property Group (SPG), on behalf of a pan-European residential strategy.
-
Asset Manager NewsGLP Announces Second Close of Largest Logistics Private Open-Ended Income Fund in Japan
GLP Japan Income Fund reaches $5.4 billion assets under management
-
Asset Manager NewsPGIM Real Estate acquires six-building multifamily portfolio in Japan
On behalf of its Asia core real estate strategy, PGIM Real Estate has acquired a six-building multifamily portfolio located across Tokyo and Yokohama, Japan, valued at approximately US$120 million. PGIM Real Estate is the real estate investment and financing business of PGIM, the US$1.4 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
-
Asset Manager NewsPATRIZIA buys prime logistics asset in Netherlands for EUR 73 million
PATRIZIA AG, a leading partner for global real assets, has acquired a 52,572 sq m logistics asset in Tilburg, the Netherlands, for around EUR 73 million in an off-market transaction, on behalf of clients investing in its PATRIZIA Logistik-Invest Europe III Fund. It has been purchased from DOKVAST B.V., the investor and developer that specialises in smart and sustainable real estate. This latest acquisition brings PATRIZIA’s entire logistics portfolio to over EUR 5 billion in AUM.
-
Asset Manager NewsNon-IG News: Earnings Trends in Non-IG Credit
During the early stages of the pandemic, most market participants and company managements were very concerned about the impact from mandated shutdowns and shelter-in-place orders on company revenues and bottom-line results.
-
Asset Manager NewsGLP Establishes $675 Million China Value-Add Real Estate Fund
Fund will invest in modern logistics assets in GLP Park Lingang in Shanghai, the biggest and most advanced port-based logistics park in China
-
Asset Manager NewsGLP J-REIT Raises US$532 Million from Global Offering, Makes Largest Acquisition Since IPO
GLP J-REIT is one of the largest logistics J-REITs with a US$7.1 Billion AUM portfolio
-
Asset Manager NewsFacing adversity – Major trends support core and core-plus strategies in Asia Pacific
The spectacular economic growth in Asia Pacific over the past few decades has made the region the world’s key growth engine.
-
Asset Manager NewsGenerali Real Estate acquires prime office complex in Issy Les Moulineaux, Paris
Generali Real Estate has completed the acquisition of the prime office building “Bords de Seine 2” on behalf of “Generali Europe Income Holding (GEIH)” and “GF Pierre”, two pan- European funds managed by Generali Real Estate SGR. The seller is BNP Paribas REIM for the fund BNP Paribas Diversipierre.
-
Asset Manager NewsGLP Real Estate Funds Achieve Green Star Status in 2020 GRESB Assessment
GLP J-REIT achieved a five-star ranking, the highest level of achievement for ESG performance
-
Asset Manager NewsPGIM Real Estate provides $356M loan for 10-property industrial acquisition
PGIM Real Estate has provided a $356 million loan to Stockbridge Capital Group for the acquisition of a diversified 10-property industrial portfolio. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.4 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU)
-
Asset Manager NewsBNP Paribas REIM Gains Sri Certification For Its BNP Paribas Diversipierre Fund
The BNP Paribas REIM Diversipierre “OPCI” is one of the first real estate funds to be certified with the new SRI (Socially Responsible Investment) label, introduced on July 23, 2020. It is now possible to combine Real Estate with Responsible Savings.
-
Asset Manager NewsPGIM Real Estate grows European debt portfolio in logistics and last-mile
PGIM Real Estate continues to build its European senior loan portfolio in the logistics and industrial sectors, providing financing for three separate portfolios across the UK and Continental Europe, in the fourth quarter of this year. PGIM Real Estate is the real estate investment and financing business of PGIM, the US$1.4 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
