News – Page 16
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KGAL and IMCS to develop 1.1GW battery storage portfolio in Italy
ESPF 5 and IMCS to develop the BESS projects to a ready-to-build stage before selling them
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People moves: Inland Real Estate names Marconi CIO
Jivan appointed EVP of CIP Real Estate’s Southeastern US acquisitions
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Blackstone sells $1bn US apartment assets to Equity Residential
NYSE-listed Equity Residential buys the 11 properties in separate transactions from Blackstone funds
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Invesco and ASB offload San Francisco office assets at discounts
Invesco sells 631 Howard for $36m, ASB sells 795 Folsom property for $47m
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Medneo sells UK mobile diagnostic imaging business to CVC DIF
Medneo UK provides MRI and CT services to NHS Trusts and healthcare providers
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Stonepeak infrastructure fund surpasses target to close at $3bn
Stonepeak Opportunities Fund’s backers include NYSCRF, Missouri LAGERS, VRS and OCERS
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Mitsubishi Estate Asia seeks to sell stake in A$2bn Sydney skyscraper
MEA co-owns Salesforce Tower with Ping An Real Estate holding 50% and APPF Commercial holding 20%
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OMERS and DWS buy Italian rail station commercial space firm
Antin Infrastructure, ICAMAP and Borletti Group reportedly sell Grandi Stazioni Retail for €1.3bn
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Longpoint acquires California industrial portfolio for $31m
Acquisition of 122,168sqft Silicon Valley Portfolio is Longpoint’s first industrial deal in the Bay Area
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Global investors commit $1bn to AIIM’s infrastructure strategy
AIIM closes AIIF4 at its $748m hard cap and raised an additional $206m for co-investment vehicle
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Cain provides £65m loan to fund Lovett’s UK care home pipeline
Credit facility will fund projects, starting with Kings Hill, Kent; Chelmsford, Essex; and Abingdon, Oxfordshire
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Emera sells New Mexico Gas Company to Bernhard Capital for $1.2bn
Emera expects to use net proceeds of $750m to repay debt and support its investment opportunities
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Virtú increases California multifamily property presence with ALX purchase
Virtú Evergreen Fund buys 313-unit luxury highrise asset in San Diego
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Sembcorp to invest S$700m in Southeast Asia industrial parks
Temasek-backed Sembcorp aims to expand its land bank by 4,000ha to 18,000ha by 2028
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Tennessee Consolidated to sell US apartment to rebalance portfolio
Pension fund puts Kent Place Residences in the Denver metropolitan area up for sale
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Actis and Mahindra launch Indian real estate development platform
Ample Parks buys 70-acre industrial land within Mahindra World City in Chennai
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Greater Manchester Pension joins L&G’s UK affordable housing fund
GMPF commits £120m to newly launched Legal & General Affordable Housing Fund
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Arcus Infrastructure-backed Coolworld acquires CRS
Coolworld invested an unspecified sum to buy UK and Ireland modular cold storage solutions provider
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Nala Renewables expands CEE footprint with third deal
IFM and Trafigura’s global renewable energy platform buys 99.2MW onshore wind project from OX2
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IGIS sells 40MW Hanam data centre in South Korea to Macquarie
Macquarie’s Korea Infrastructure Fund has led the purchase of the KRW734bn asset in Gyeonggi province