More Top Stories – Page 175
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News
People moves: CBRE appoints Millon president of US debt and structured finance
S2 Capital, CBRE, Longpoint, CanTex Capital, Westcore, Cortland, AEW UK REIT, Northmarq, DTRE, JLL, Avenue One, Beacon Capital Partners, Insight Investment, Heimstaden
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Stoneweg launches leisure property investment venture
Manager plans to commit an initial €100m across seven projects in Spain, France and the US
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Nuveen accelerates European self-storage expansion with acquisition of SSG
Nuveen’s parent TIAA buys Scandinavian self-storage provider for NOK3.79bn
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LA Fire and Police sets fiscal 2024 real estate pacing $290m
LAFPP plans to commit around $225m to core real estate funds
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Kennedy Wilson adds two industrial warehouses to UK logistics portfolio
Global real estate investment company’s total industrial and logistics AUM in the reaches UK to £1.1bn
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Helaba launches infrastructure debt fund backed by Canadian investor
The fund is the first in a series of closed-ended debt vehicles to be run through new Luxembourg platform
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Iona Capital sells Shawton Energy stake to Lazard infrastructure fund
Lazard’s Sustainable Private Infrastructure Fund becomes a 50% shareholder in Shawton Energy
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Redemptions at US property fund rise to $5.6bn as investors seek to exit sector
Exit queue for JP Morgan vehicle reflects wider trend among US ODCE funds
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Analysis
Investors target infrastructure for inflation protection and net zero
Cost-of-living crisis raises concerns over political/regulatory risks, survey and conference suggests
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Tristan Capital and Bricks UK student housing venture adds Salford asset
457-bed student scheme becomes fifth asset in joint venture’s portfolio
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QIP and Hurlington Capital to develop £80m London student housing project
Project is Singaporean-HQ QIP’s ninth asset in the UK and its debut in the London PBSA market
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Infracapital to buy Vopak’s Rotterdam chemical terminals for €407m
Sale of Botlek, TTR and Chemiehaven terminals follows a strategic review announced in February
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Partners Group exits Borssele III/IV wind farm in stake sale to Octopus Energy
Octopus Energy to own stake alongside Shell, Eneco, INPEX, Luxcara, Swiss Life AA and Glennmont Partner
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DTCP becomes majority shareholder in data centre operator Maincubes
DTCP funds buy additional stake in Maincubes from co-shareholder Art-Invest Real Estate
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Schroders Greencoat and Innova's UK partnership buys Manor Farm Solar Park
Manor Farm is planned to start producing renewable energy later this year
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Prime Super acquires utilities services company Active Utilities
Macquarie has been a major shareholder of Active Utilities since 2019
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Illinois SURS and South Carolina back Brookfield’s global real estate fund
Illinois SURS and South Carolina Retirement approve $75m and $100m respectively to BSREP V
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Investors target European offices for sustainability upgrades – Knight Frank
Value-add deals rising since end of the pandemic despite the higher costs of development
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Ontario Teachers’ buys KKR’s stake in environmental markets platform GreenCollar
Deal gives the Canadian pension fund a significant majority stake in GreenCollar
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IPE RA & Infra Conference: Large Dutch data centres no longer fit with ESG policy, says PGGM
€228bn investor to avoid centres that require investment that does not benefit the local population