Manager News – Page 37
-
Asset Manager News
PGIM 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 News
PGIM 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 News
Oxford Properties significantly advances global logistics strategy with acquisition of M7 Real Estate
Purchase of market leading platform will accelerate Oxford’s deployment of capital into European logistics
-
Asset Manager News
PGIM 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 News
Tour 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 News
Greystar 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 News
M7 acquires Hungarian office property for M7 CEREF II and secures €57m new loan facility with Erste Group
M7 Real Estate (“M7”), the pan-European investor and asset manager, has acquired a modern, multi-tenanted office property in Budapest, Hungary on behalf of M7 CEREF II (the “Fund”), for €12.35 million. The acquisition is in line with the Fund’s strategy which targets value-add and core-plus office and logistics / industrial properties in key Central European markets, including Croatia, Hungary and Poland.
-
Asset Manager News
Q&A: Making ESG Work for Real Estate Investors
Environmental, social and governance (ESG) investing has evolved considerably over time from its origins more than 100 years ago, when many charitable organizations started to establish simple exclusionary rules.
-
Asset Manager News
Tour 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 News
Deka Immobilien purchases office property in Switzerland
Deka Immobilien has exchanged contracts to secure the purchase of an office building in Geneva under a sale and leaseback arrangement with the private bank Pictet & Cie SA. The property is to be transferred to the two open-ended real estate funds WestInvest InterSelect (66%) and Deka-ImmobilienEuropa (34%) by means of a joint venture.
-
Asset Manager News
GTIS Partners’ Palácio Tangará Named Best Hotel in Brazil on Condé Nast Traveler 2021 Gold List
GTIS Partners LP (“GTIS”), a real estate private equity firm headquartered in New York City, with offices in São Paulo, Los Angeles, San Francisco, Atlanta, Paris and Munich, today announced that the Palácio Tangará, a hotel it developed in São Paulo, Brazil through institutional private equity funds has been recognized as 2021’s Best Hotel in Brazil on Condé Nast Traveler’s annual Gold List.
-
Asset Manager News
PATRIZIA 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 News
GLP 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 News
PGIM 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 News
PATRIZIA 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 News
Non-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 News
Hines Global Income Trust Acquires Industrial Warehouse In United Kingdom
Cross Point Business Park represents Hines Global’s fifth strategic logistics acquisition worldwide over the past year while continuing the aggregation of the UK logistics platform
-
Asset Manager News
GLP 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 News
GTIS Partners: Again Named The Most Sustainable Private Equity Real Estate Firm in South America
GTIS Brazil Real Estate Fund Ranked Number 1 in South America for Sixth Consecutive Year
-
Asset Manager News
GLP 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