Manager News – Page 64
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Asset Manager News
KGAL Aviation ascends again
KGAL wins at the 2017 GTF Awards and the 2018 Scope Alternative Investment Awards
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Asset Manager News
McKesson Corporation Selects Southside Quarter for New Office Building
Hines announced today that McKesson Corporation, an industry leader in the distribution of medical supplies, pharmaceuticals and laboratory products, has entered into a lease agreement for a new 125,000-square-foot Class A office building within Southside Quarter, the firm's signature mixed-use development in Jacksonville, Florida.
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Asset Manager News
M7 Real Estate/Oaktree JV disposes of Archimedes Real Estate Investment LP for £43.2 million to Regional REIT
M7 Real Estate Ltd announces that it has, together with its joint venture partner, funds managed by Oaktree Capital Management L.P., sold its regional UK office investment company, Archimedes Real Estate Investment L.P., to Regional REIT for £43.2 million.
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Asset Manager News
Invesco Real Estate Acquires QO Hotel in Amsterdam on Behalf of Clients of CBRE Global Investment Partners
Invesco Real Estate and Amstelside B.V. are delighted to announce the unveiling of the first QO Hotel in Amsterdam, which aims to be Europe’s first platinum-LEED certified hotel.
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Asset Manager NewsOrchard Street completes acquisition of strategic West London industrial estate for £20.9 million
Orchard Street Investment Management (‘Orchard Street’), the specialist commercial property investment manager, announces that it has completed the acquisition of The Griffin Centre, a strategically-located industrial estate in Feltham, West London, from LaSalle Investment Management. The asset was acquired on behalf of St James’s Place UK Plc. for £20.91 million, representing a net initial yield of 4.13%.
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Asset Manager NewsOrchard Street completes major refurbishment of iconic Cambridge office scheme
Orchard Street Investment Management (‘Orchard Street’), the specialist commercial property investment manager, has completed a comprehensive refurbishment of the iconic Radio House office in Cambridge at a cost of £8.5 million, delivering 43,388 sq. ft. of available Grade A space to an under supplied market.
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Asset Manager News
Deka Immobilien continues to grow
Deka Immobilien continues to record stable growth.
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Asset Manager News
Hines acquires 515 E. Dyer in Santa Ana - robust capital program underway
Hines announced today that it has acquired 515 E. Dyer, a recently vacated infill industrial asset totaling 414,309 square feet in Santa Ana, California. The building was formerly owned and occupied by Royalty Carpets.
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Asset Manager NewsOrchard Street makes £35 million Hermiston Retail Park acquisition
Orchard Street Investment Management (‘Orchard Street’), the specialist commercial property investment manager, has acquired Hermiston Retail Park in Consett, County Durham on behalf of St James’ Place UK Plc for £35.31 million from Aviva Investors. The purchase price reflects a net initial yield of 6.25%.
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Asset Manager News
Hines and APG Announce a Joint Venture to Develop the €450m "Build-to-Rent" Residential Portion of Cherrywood Town Centre
First Ground-up Multifamily Project in Ireland
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Asset Manager News
$25 million redevelopment transforms Irvine's Intersect into a next-generation campus
Patio Marketplace to Open in 2018
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Asset Manager News
M7 makes first Danish investment for M7 EREIP IV with €69.8 million of acquisitions
M7 Real Estate announces that it has undertaken its first investment in Denmark on behalf of M7 European Real Estate Investment Partners IV, acquiring 10 logistics assets for a total of €69.8 million.
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Asset Manager News
M7 makes first Danish investment for M7 EREIP IV with €69.8 million of acquisitions
M7 Real Estate announces that it has undertaken its first investment in Denmark on behalf of M7 European Real Estate Investment Partners IV, acquiring 10 logistics assets for a total of €69.8 million.
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Asset Manager News
Hines acquires core-plus asset in Stuttgart on behalf of Hines European Value Fund (HEVF)
Hines has completed the acquisition of Stuttgarter Tor, a complex consisting of three 100-percent-leased office buildings and a fourth vacant obsolete building in Stuttgart, from a private seller.
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Asset Manager News
Welltower and Hines announce joint venture partner for Sunrise at East 56th Street
Construction underway for senior living and memory care community
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Asset Manager News
Deka Immobilien purchases flagship hotel in the Netherlands
Deka Immobilien has secured a 5-star hotel in Amsterdam under a purchase agreement for more than EUR 150 million.
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Asset Manager News
PATRIZIA acquires Copenhagen’s ‘Marble City’
PATRIZIA Immobilien AG announces the acquisition of the 259 apartments of the ‘Marble City’ residential area in Copenhagen, Denmark, from the pension fund PenSam and the public company City & Harbour.
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Asset Manager News
M7 Real Estate Investment Holdings acquires the M7 Multi-Let Seed Portfolio for circa £117 million
M7 Real Estate announces that it has acquired 92 primarily UK regional multi-let assets comprising the Marble Portfolio and M7 REIP II (from separate vendors) for a combined purchase price of circa £117 million.
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Asset Manager News
M7 Real Estate Investment Holdings acquires the M7 Multi-Let Seed Portfolio for circa £117 million
M7 Real Estate announces that it has acquired 92 primarily UK regional multi-let assets comprising the Marble Portfolio and M7 REIP II (from separate vendors) for a combined purchase price of circa £117 million.
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Asset Manager News
Chipotle selects Hines' 1144 Fifteenth Street for new corporate headquarters
Hines announced today that Chipotle Mexican Grill has signed a 152,000-square-foot lease to relocate its headquarters to 1144 Fifteenth Street, a new 40-story, Class AA office tower totaling 671,101 square feet in downtown Denver.
