News – Page 311
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BMO sells Cassini House office building in London for £146m
London-listed BMO Commercial Property Trust sells Cassini House to unnamed buyer
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LGIM’s UK industrial property investment fund raises £150m
Latest fundraise expands value-add fund’s assets under management to almost £3bn
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AEW essential housing fund gets $250m from Oregon PERF [corrected]
The fund aims to provide durable, long-term cash flow by targeting modest rent growth, lower resident turnover
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VH Global invests £78m in UK flexible power projects
London-listed firm funds construction of two combined heat and power plants with carbon capture system
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Morgan Stanley raises $3.1bn for global opportunistic real estate fund
Fundraise for North Haven Real Estate Fund X Global exceeds original fundraising
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Capital & Regional, Far East Consortium form housing development JV
UK-focused shopping centre REIT agrees partnership with FEC to help reposition assets
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FCP raises $1.2bn for US value-add real estate fund
When fully invested, FCP Realty Fund V is expected to accommodate $4bn of total investment capacity
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Macquarie’s GIG buys Irish offshore wind farm project
Green Investment Group buys Sceirde Rocks project developer Fuinneamh Sceirde Teoranta
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CalPERS places $800m into Blackstone BioMed fund
Core-plus Blackstone BioMed Life Science Real Estate fund targets returns of 12%
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Meridiam acquires stake in Trans-Gabon Railway concession
Infrastructure fund manager buys 40% stake in Setrag alongside existing shareholders Comilog, Eramet
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People moves: HSBC AM appoints Sharpe to lead Asia real estate team
Loveless to head value-add investments at LaSalle; Grasser to lead AXA IM Alts German business
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DigitalBridge to sell Wellness Infrastructure business in $3.2bn deal
Highgate Capital, Aurora Health to buy DigitalBridge’s final non-digital segment
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Centuria buys Port Adelaide office building in A$63m deal
Port Adelaide office building will seed new Centuria single-asset, close-ended fund
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Open-ended ASB fund partners Arcland to buy self-storage portfolio
ASB’s core real estate fund, Arcland buy eight buildings from Chesapeake Resources
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Generali begins CityWave office development in Milan
CityWave office development is expected to be worth more than €500m
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CBRE creates open-ended US industrial fund with $1.7bn seed portfolio
Tennessee Consolidated Retirement to invest up to $150m initially in the CBRE US Logistics fund
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Real estate associations launch diversity, inclusion benchmark
ANREV, INREV, NAREIM, NCREIF, PREA, REALPAC and ULI to support Global Real Estate DEI Survey
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Apollo to buy 50% stake in Australian property lender MaxCap
Deal extends Apollo’s reach in Australasian markets, positions MaxCap for strong continued growth
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Nuveen Real Estate raises initial £140m for new UK debt strategy
New strategy seeks to raise £500m in total, currently completing its first two loans
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APG acquires stake in US fibre optic network developer
Dutch pension fund pays undisclosed sum for 16.7% stake SiFi Networks America