Latest Real Estate News – Page 206
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News
North Star secures £74m Silbury loan for York residential development
North Star secures financing for the Gas Works scheme at the Heworth Green Gas Works site
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NewsManulife, Logos extend logistics investment partnership into South Korea
Duo seed Logos Korea Core Venture with $200m development project located on outskirts of Seoul
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KGAL fund acquires Vopak’s Rotterdam HQ building
Asset manager buys Westerlaan 10 property in Rotterdam for undisclosed sum
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ADIA co-invests in German commercial property alongside Tishman fund
Tishman gets 50% co-investment in Hamburg’s Kloepperhaus building from ADIA
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GID’s new open-ended US apartment fund crosses two billion mark
GID Mainstay Fund’s backers include LAFPP, NYSCRF and Oregon PERF
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US real estate firm Carroll raises $340m for multifamily fund
Carroll Multifamily Venture VII will have a $5.5bn firepower to target assets across the Sun Belt region
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AXA IM Alts adds 287-unit residential asset to US multifamily portfolio
Acquisition represents AXA IM Alts’ second current investment in the North Carolina residential market
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Teesside Pension Fund backs GB Bank with £40m [updated]
New challenger bank created to provide UK property development loans
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NewsIllinois Teachers sets aside $900m for real assets portfolio
TRS Illinois intends to make $400m worth of opportunistic real estate fund commitments
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PRP acquires $185m Greenville-Spartanburg distribution centre project
US real estate manager PRP adds pre-leased distribution centre project in South Carolina to portfolio
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CPP Investments, Hamilton Pyramid Europe to invest €500m in hotels
The partners have the ability to increase allocations in light of market opportunities
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Eagle Street adds Boole House to Irish office portfolio
Boole House site at Beech Hill Office Campus adds to portfolio in the area
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NewsFundraise for Ridgewood’s new infrastructure fund reaches $673m
SCERS commits $50m to Ridgewood Water & Strategic Infrastructure Fund II
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NewsLA Fire and Police eyes $150m non-core real estate fund commitments
LAFPP plans commitments worth between $50m to $75m each into non-core blind pool funds
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LondonMetric Property sells four assets for £26m
The sales crystallise a blended ungeared IRR of 19% and a 35% profit on cost
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Charter Hall Prime Office Fund grabs Collins Place freehold
Charter Hall Prime Office Fund acquires freehold of a commercial precinct in central Melbourne for A$65m
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NewsGarbe’s raises additional €200m for open-ended European logistics fund
Garbe Logistics Real Estate Fund Plus III has now raised €600m in total from investors
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Saudi Arabia’s PIF and Cain invest $900m in hotel group Aman
PIF and Cain’s investment will be used to enhance Aman’s portfolio and support acquisition, development
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NewsPrologis UK buys £200m logistics estates from Schroders Capital
Schroders sells fully-let Central Park and Imperial Park assets
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ESR, Chinachem to develop cold storage, logistics asset in Hong Kong
Firms join forces to develop 138,000sqm seven-storey facility at Kwai Chung



