Lisa Fu
The biggest institutions are putting more capital towards property and making the asset class a more significant portion of their portfolios.
Benson Elliot and Schroders find that a hotel deal in the happiest place on earth is worth waiting for.
For the first time ever, interest in closed-ended commingled funds has dropped, a study published by Hodes Weill and Cornell University’s Baker Program in Real Estate has found.
Real estate investment manager DTZ and co-living brand The Collective aim to raise €650m for what they believe is the first institutional fund for the sector.
In its latest move to reposition the business, Colony agreed to sell its US industrial real estate portfolio, which originally came into the firm’s possession via the 2014 acquisition of industrial real estate firm Cobalt Capital Partners.
The private real estate investment giant said on its third quarter earnings call that its leaseback deal with the Las Vegas Bellagio hotel is part of its live entertainment investment theme.
With SoftBank taking an 80% ownership stake in WeWork, landlords can expect a more creditworthy and stable tenant.
AECOM-Canyon Partners Equity Fund, the first vehicle launched by the joint venture, will take a GP position in build-to-core investments.
The number of fund closes continues to decrease, but equity raised remains robust.
The real estate investment group of the German insurer saw its RE debt assets under management drop from €19.3bn in 2018 to €18.9bn in H1 2019.