Real Estate news – Page 247
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​GPT Group puts A$586m 1 Farrer Place stake up for sale
GPT’s 25% Governor Phillip and Governor Macquarie Towers stake was valued at 30 June 2020
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INREV’s Vuong heads PGIM Real Estate debt investment research
Vuong joins as executive director and head of a newly created real estate debt investment research role
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Franklin Templeton social infra property fund adds five assets
FTSIF has €800m pipeline and expects to transact on additional assets in coming months
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Croatia’s AZ makes first real estate investment
Croatia’s largest pension fund acquires shares in M7 Primo for €21m
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Blackstone raises $7.5bn for new life science real estate perpetual fund
Texas Permanent approves $60m to a fund called Blackstone BioMed Life Science Real Estate
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Brunswick’s Kielo buys 14,000sqm office property in Finland
The Martintalo property in Vantaa was acquired from Areim for an undisclosed amount
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Oregon PERF joins Waterton’s closing apartment fund with $150m
Oregon PERF is the last investor to back Waterton XIV’s $1.25bn for the fundraising
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Blackstone spends £473m to buy Prologis UK logistics portfolio
The deal is the largest sale of logistics real estate assets on record in the UK
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GIC scales up P3 logistics platform with 33 German assets
The acquired Matrix portfolio includes assets in Berlin, Dortmund, Nuremburg, Hamburg, Hanover, Cologne, Dresden and Leipzig
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San Francisco’s Transamerica Pyramid tower sells for $650m
Deutsche Finance America, Shvo, BVK buy iconic office tower from Dutch insurer Aegon
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New Mexico SIC targets European logistics via Exeter fund
OKs $100m to the Exeter Europe Logistics Value Fund IV and $75m to AEW Real Estate Partners Fund IX
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Meyer Bergman rebrands as MARK, eyes medical, digital real estate
Firm sees COVID-19 strengthening the appeal of emerging asset classes such as life sciences
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Barton Group raises €65m for German real estate fund
Barton Wohnen Deutschland II open Spezialfond expects to invest €250m in ten investments
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Taconic, Nuveen to redevelop NYC property into life science building
125 West End Ave and 320 West 66th Street assets, along with an adjacent unbuilt site.
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Railpen, First Base buy Cambridge site for £155m mixed-use project
The 3-acre site in Cambridge city centre has been bought for the new 250,000sqft project
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M&G confirms £112m Fleet Place House buy as part of European mandate
Unnamed Asian investor acquires London office building as part of new separate account
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Partners Group and REINO acquire Polish office portfolio for more than €200m
Eleven buildings in Kraków and Wrocław sold by BUMA Group
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Oklahoma Teachers abandons real estate fund manager search
Uncertainty prompts pension fund to scrap plans to commit $200m to non-core funds
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ARA Logos invests in Australian properties and Logos-managed funds
Five assets in Brisbane to be acquired from Logos Property Group