Latest Manager News – Page 24
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Asset Manager NewsIPUT launches flexible workspace platform, Making it Work
IPUT Real Estate, Ireland’s leading property company and the largest owner of offices and logistics assets in Dublin, announces the launch of Making it Work, a flexible workspace solution which it has ambition to develop and scale over the next few years, to up to 5% of its 2.4 million sq. ft. prime office portfolio in Dublin.
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Asset Manager NewsHines Set to Launch New Open-Ended Core-Plus European Real Estate Fund
Hines, the international real estate firm, is set to launch Hines European Property Partners (HEPP), its new diversified, open-ended core-plus fund focused on key European markets. Jorge Duarte, who joins Hines from Barings, has been appointed as Fund Manager.
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Asset Manager NewsGLP Launches $1.1 Billion Maiden Vietnam Logistics Development Fund
GLP announced today the establishment of GLP Vietnam Development Partners I (“GLP VDP I”) with an investment capacity of $1.1 billion. The fund has received commitments from a well-diversified investor group across Asia, Europe, North America and the Middle East representing pension funds, sovereign wealth funds and insurance companies.
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Asset Manager NewsEdmond de Rothschild REIM acquires industrial properties in Baden-Baden and Elmenhorst
Edmond de Rothschild Real Estate Investment Management (Edmond de Rothschild REIM) has acquired two commercial properties in Germany for its Edmond de Rothschild Euro Industrial Real Estate Fund (EIREF).
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Asset Manager NewsPGIM Real Estate acquires logistics development in Poland
PGIM Real Estate has acquired a property in Legnica, Lower Silesia, on behalf of its closed European Value Partners II (EVP II) fund. PGIM Real Estate is the real estate investment business of PGIM, the $1.5 trillion global asset management business of Prudential Financial, Inc. (NYSE: PRU).
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Asset Manager NewsGenerali Real Estate acquires the “Weidt Park Corner” office building in Berlin from DWI Group
Generali Real Estate has completed the acquisition of the high-quality office building Weidt Park Corner in Berlin, on behalf of the pan-European fund Generali Europe Income Holding (GEIH) managed by Generali Real Estate S.p.A Società di gestione del risparmio. The seller of the asset is DWI Group, a renowned developer based in Hamburg.
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Asset Manager NewsHines Joins the World’s Largest Green Building Network
Hines, the international real estate firm, has joined the UK Green Building Council (UKGBC), the world’s largest green building network, to continue its drive to accelerate the ESG agenda, across the built environment, further forward.
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Asset Manager NewsAEW Acquires a Multifamily Portfolio in Japan
AEW Capital Management (“AEW”) announces the acquisition of a multifamily portfolio in Greater Tokyo. The acquisition is a forward purchase of a multifamily portfolio consisting of four, newly completed residential buildings, with a total of 177 residential units.
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Asset Manager NewsEdmond de Rothschild REIM finances property acquisition in Hamburg with mezzanine loan
Edmond de Rothschild REIM, through the Edmond de Rothschild European High Yield I Real Estate Debt Fund and a dedicated fund, has provided €50 million of mezzanine debt for the acquisition of an office complex in Hamburg by B&L Group.
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Asset Manager NewsUnion Investment sees strong growth in real estate business and expands investment universe
Backed by stable cash inflows, Union Investment significantly expanded its real estate business in 2021 while also strategically enhancing its successful property platform.
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Asset Manager NewsPGIM Real Estate raises €1.8bn for final close of PGIM Real Estate Capital VII
The seventh fund in PGIM Real Estate’s European flagship high yield debt fund series, PGIM Real Estate Capital VII (PRECap VII), has closed on €1.82 billion (£1.53bn/US$2.07bn), the largest European real estate debt fund closed in 20211 . PGIM Real Estate is the real estate investment and financing business of PGIM, the US$1.5 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
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Asset Manager NewsHines Sells Parque Industrial Tecnologico IV in Guadalajara to Corporate Properties of the Americas
Hines, the international real estate firm, today announced the sale of its latest light industrial and logistics park in Guadalajara, Jalisco, Mexico, Parque Industrial Tecnológico IV (PIT IV) to Corporate Properties of the Americas (CPA).
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Asset Manager NewsOrchard Street completes acquisition of multi-let industrial estate in central Bristol for £30 million
Orchard Street Investment Management (‘Orchard Street’), the specialist commercial property investment manager, has completed the acquisition of City Business Park, a prime multi-let industrial estate in central Bristol for £30 million. The asset was acquired from LaSalle Investment Management on behalf of St James’s Place Property Unit Trust.
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Asset Manager NewsPGIM Real Estate adds ESG lead for Europe and Asia Pacific
PGIM Real Estate has further strengthened its commitment to environmental, social and governance (ESG) investing, with the addition of Julie Townsend as ESG lead for Europe and Asia Pacific, based in London and effective immediately. PGIM Real Estate is the real estate investment and financing business of PGIM, the US$1.5 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
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Asset Manager NewsEdmond de Rothschild REIM Acquires Modern Light-Industrial Asset In Etten-Leur
Edmond de Rothschild Real Estate Investment Management has acquired a modern light-industrial facility in Vossendonk, Etten-Leur, in the Netherlands.
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Asset Manager NewsVattenfall to sell part of Princess Ariane wind farm to a.s.r.
Vattenfall is to sell part of Prinses Ariane wind farm in the Wieringermeer to a.s.r. As a result, a.s.r. will be the owner of 32 of the 82 turbines on the largest Dutch onshore wind farm.
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Asset Manager NewsGenerali Real Estate acquires the “Métronome” building in Paris, alongside a French institutional investor
Generali Real Estate has completed, alongside a French institutional investor, the acquisition of Métronome, a prime office building in Paris, in the Rive Gauche area, from Oxford Properties.
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Asset Manager NewsPATRIZIA invests EUR 101 million in prime Helsinki housing
PATRIZIA AG, a leading partner for global real assets, is investing in a 240-unit prime residential tower in Helsinki, Finland, on behalf of its institutional clients. PATRIZIA acquired T7 Tower for EUR 101 million from SRV, a leading Finnish developer.
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Asset Manager NewsGenerali Real Estate acquires core logistics asset in Krakow
Generali Real Estate has completed the acquisition of 7R Park Kraków IX, a core logistics asset in Poland, located in Kokotów, Krakow area, on behalf of the pan-European “Generali Real Estate Logistics Fund” (GRELF) managed by Generali Real Estate S.p.A SGR.
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Asset Manager NewsOrchard Street is targeting becoming a net zero carbon business by 2040, ten years earlier than planned.
Following the launch of our net zero carbon targets in January, the attached pathway outlines two new and ambitious commitments: to become a net zero carbon business for corporate and landlord emissions and refurbishments – the scope over which the business has the most influence – by 2030, 20 years earlier than originally announced, and to become a net zero carbon business for occupier emissions and fit-outs by 2040, 10 years earlier than planned, as momentum for the firm’s responsible investment strategy continues to build.
