91ý reports – Page 146
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Below-target returns prompt New Mexico PERA to redeem from GEM Realty
Pension fund cites underperformance and strategic concerns of GEM Realty Evergreen Fund
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Greystar secures €56m Eldridge loan to develop 458 apartments in Spain
Bermejo & Williamson Real Estate sells Madrid site for unspecified amount
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Tristan and Edmond de Rothschild buy pre-let French logistics project
The Delta 3 project will feature 12 warehouse cells, five of which are pre-leased
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Ohio PERS commits $425m to opportunistic US real estate
Pension fund backs Axonic Capital fund and creates separate account with Principal Real Estate
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EQT to buy US railcar repair and maintenance services firm
JM Texas Companies sells Eagle Railcar Services to EQT Infrastructure VI
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Japanese office investor Daibiru buys A$600m Australian property
Daibiru buys 135 King Street in Sydney from Investa Commercial Property Fund
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Warburg Pincus acquires major share house portfolio in Japan
Warburg Pincus Asia Real Estate buys the Tokyo Beta portfolio of 1,195 wooden houses
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Redevco closes £47.5m loan investment for new real estate debt platform
Deal is Redevco’s first investment in debt to capitalise on increasing borrower demand
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Schroders impact fund acquires affordable homes in Milton Keynes
The homes will be contracted to YMCA Milton Keynes
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AIP to acquire stake in Pine Forest, a co-located battery storage project in US
The total investment is approximately $200m (€185.3m)
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CapMan Hotels II becomes leading private Nordic platform via Midstar Fastigheter deal
Transaction significantly expands and diversifies CMH II’s Nordic hotel portfolio
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NBIM invests in offshore wind construction projects in Denmark and Germany
NBIM will pay approximately €1.4m for its stake, valuing the projects at around €2.87m
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KGAL acquires office asset in Munich from BlackRock
The 8,400sqm Streitfeld Lofts office asset is located in the Munich Art District of Berg am Laim
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HMC to convert healthcare property fund to closed-ended vehicle
New structure and strategy proposed for fund managed by Sydney-based firm
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Keppel’s listed infrastructure fund co-invests in subsea cable firm
Keppel Infrastructure Trust gains exposure to Global Marine Group acquired last month
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EFM and Meta agree deal for 676,000 nature-based carbon credits
The agreement will support the transition of 68,000 acres of forestland to “climate-smart management” on Washington’s Olympic Peninsula
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Nuveen appoints global head of real estate
Chris McGibbon to retire after nearly 25 years at real estate arm of TIAA
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Prologis acquires Warsaw logistics park
Newly acquired Prologis Park Grodzisk spans nearly 70,000sqm across four modern warehouse buildings
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Invesco Real Estate snaps up logistics site in Germany
The acquisition has been completed by Invesco Real Estate Europe Fund III – SCSp (Europe III), its third European value-add strategy
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Landsec sells Lakeside Retail Park for £114m
The purchaser is GTAM Apex Lakeside Bidco, in which Farran Investments is a minority co-investor and asset manager