Real Estate news – Page 27
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KKR and GDH commit over $5bn to expand Gulf data centre capacity
KKR enters Middle East data centre market with GDH stake
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South Korea’s NPS and Almanac team up for $800m real estate push
Part of the partnership involves NPS anchoring Almanac strategies
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New York State CRF invests $113m in US industrial assets
Pension fund buys assets via separate accounts with JP Morgan and LaSalle
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SGX-listed CDL sells London site for £69m
Sale of Ransome’s Wharf site in Battersea reflects focus on accelerating its capital recycling plan
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New Jersey DOI issues RFP for real estate consultant
Pension fund launches search ahead of $1.2bn investment plan
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HIH Invest sells 150-room hotel asset in Germany to Atream
The 3,912sqm ibis budget hotel in Aschheim is let to AccorInvest Germany
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​AXA IM Alts buys 63,000sqm logistics campus in Germany
ECE Work & Live sells fully let asset in Möckmühl for an unspecified sum
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WP Carey adds two retail properties to UK net lease portfolio
NYSE-listed REIT buys Morrisons-let supermarket and a McDonald’s drive-through property for £20m
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Ardian acquires €837m stake in a trio of Kering’s Paris properties
Kering will retain 40% interest in JV holding Hôtel de Nocé and 35-37 and 56 assets at avenue Montaigne
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ICG Real Estate buys €222m Italian retail grocery portfolio
ICGRE Strategic Real Estate II partners with GRR Garbe Retail and German investor on deal
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CEFC commits A$100m to new AXA IM Alts Australia housing strategy
AXA IM has raised A$320m in its Australian BTR affordable housing strategy
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Greykite's UK rental homes venture buys £60m portfolio from Persimmon
Joint venture with Gatehouse IM acquires a second portfolio from Persimmon Homes
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Keva invests €200m in industrial real estate via new firm with Aktiivtilat
Finland’s largest pension fund creates new company with specialist property manager
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Real estate allocations edging close to global targets, survey finds
APAC investors prefer value-add strategies in search of returns amid macroeconomic, geopolitical uncertainty
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Realterm enters lending market with $71m loan to GreenPoint
Loan is backed by a US industrial outdoor storage portfolio of eight properties
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Macquarie to inject up to $5bn in US data centre projects
Deal includes Macquarie taking a 15% stake in Applied Digital’s HPC business segment
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Valor-QuadReal partnership snaps up £130m London distribution hub
Partnership buys 630,000sqft Tesco-leased last-mile distribution centre at Dolphin Park in Purfleet
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Sonae Sierra and BTG Pactual launch Iberian real estate credit venture
Venture will mainly finance income-producing real estate assets like malls and high street properties
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Vita secures LaSalle loan for 540-bed UK student housing scheme
LaSalle provides a £69m green loan for scheme in central Birmingham
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CVC-backed Siloam makes offer for First REIT’s Indonesian hospital assets
Any transaction depends on negotiations, a strategic review and regulatory approvals