News – Page 461
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China’s CGL invests in Amazon distribution centres in Poland
Invesco sold the assets on behalf of its strategic opportunities investment programme
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AIIM African infrastructure fund expands into Nigerian gas market
AIIM bought 20% stake each in Seven Uquo Gas and Accugas from Savannah Petroleum
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Orchard Street acquires London industrial estate for UK wealth manager
The £40m asset was acquired for St James’s Place UK
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Real estate investors eyeing riskier strategies in 2020 – INREV
Low interest rates and shortage of core assets is driving investors further up the risk curve
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Trio of US pension funds commit to NREP value-add property fund
LACERS, LA Fire and Police and Sacramento County Employees’ commit $105.5m in total
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Oaktree takes majority stake in SEK6bn Swedish skyscraper project
Serneke has agreed to sell an 80% stake in the 95,000sqm Karlatornet building project
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Hermes takes over property developer MEPC from BT pension scheme
In April 2018, Federated Investors acquired a majority interest in Hermes from BTPS
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UBS-AM wins €225m real estate multi-manager mandate
An unnamed German client has hired the manager to primarily core strategies
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AXA IM - Real Assets and Crédit Agricole buy European Locomotive Leasing
KKR has sold ELL for an undisclosed sum
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DIF consortium awarded 30-year South Australian Schools PPP
TESA Education has won the A$469m schools project
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Actis partners New Ease to develop logistics assets in China
The partners have committed US$200m to develop three assets
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People moves: Vasilev joins Mileway as CFO; Green Street names Stuek CEO
Patrizia hires new head of asset management south-west Europe
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Aviation roundup: Floreat becomes largest investor in aircraft fund
Bain Capital acquires five aircraft through Windward Air Capital
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Aviva Investors buys £106m London hotel development site
Aviva’s £2.7bn Lime Property Fund has acquired the site for a 30-storey hotel
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Texas Teachers hires Revcap as real estate separate account manager
Commits initial $200m to Whiteberry Partners separate account as a sole investor
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M&G European Property Fund expands presence in Italy
The fund has acquired a logistics asset in the Veneto region from Prologis for €24m
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Deka pays A$380m for 66 Eagle Street office asset in Brisbane
The asset was jointly owned by Lendlease’s APPF Commercial and ADIA
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Rockpoint sells two LA apartments to Clarion for $221m
Rockpoint acquired the multifamily portfolio in a JV with Strategic Housing Partners in 2017
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Tristan EPISO 5 fund and Acciona to develop Barcelona offices
The companies will speculatively develop the €100m offices project at Barcelona 22@
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Blackstone and MGP team up to buy $4.6bn Las Vegas leisure properties
MGP will own 50.1% of the joint venture, and BREIT will own 49.9%