SPONSORED: Kayne Anderson — Complexity meets opportunity in light industrial by Mona Bower In a sponsored interview published in the March issue of Institutional Real Estate Americas, Kayne Anderson’s Nishant Bakaya, senior managing director, investments, real estate, and Brian Lessans, managing director, investments, real estate, explain the stronger…
Are investors missing the point on portfolio risk? by Alex Frew McMillan At a time when fundraising may be experiencing a slack tide, and capital may prove difficult to effectively deploy, real estate investors and asset managers can truly earn their keep. Now is surely such a…
Infrastructure and real estate investors unearth opportunities in powered land by Andrea Zander Powered land refers to sites with secured or highly probable access to electricity, solving the power constraint before development begins. These assets are attracting strong investor interest due to their scarcity and importance in supporting…
Fundraising ICG Real Estate announces €1.4b final close for second Metropolitan fund ICG Real Estate (ICGRE), the real estate division of global alternative asset manager ICG, has…
Investors Greater Manchester Pension Fund, BlackRock team up to drive major investment into UK’s primary healthcare sector Greater Manchester Pension Fund (GMPF) has formed a new joint venture with funds and accounts…
Transactions DWS acquires office building in Sydney’s CBD DWS has acquired 32–36 York St., a boutique office building in the heart of Sydney’s…
Transactions YODA PLC completes $725m Transamerica Pyramid Center acquisition by Released YODA PLC has completed its acquisition of the Transamerica Pyramid Center, closing the transaction March 27.
Transactions CLOSER LOOK: co-CIO Mike McCarthy on Cabot’s first Japan deal and Osaka opportunity by Andrea Zander In February, Cabot Properties acquired a 220,608-square-foot, multistory logistics warehouse in Minoh City, Osaka — its first investment in Japan. The transaction marks the firm’s strategic entry into one of the world’s most liquid and supply constrained industrial markets. In an exclusive interview with IREI, Mike McCarthy, co-CIO of Cabot’s Value Fund series, discusses the deal more in-depth, including why the firm views Greater Osaka as a compelling gateway for long-term logistics investment and how the asset aligns with Cabot’s focus on modern, infill facilities near major population centers. He also shares broader insights into the Japanese logistics landscape, highlighting the role of dense urban demand, evolving tenant requirements and the growing influence of ecommerce and third-party logistics operators. McCarthy also explains how Cabot built conviction in the market, the importance of local expertise and how supply dynamics and rental growth are shaping opportunities across Japan.
Transactions Tishman Speyer acquires prime office asset in London’s St James’s District Tishman Speyer has completed the off-market acquisition of 50 Pall Mall, a prime, class A…
Transactions Rockpoint acquires six-building industrial portfolio in North Carolina Rockpoint has acquired six trophy-quality light industrial buildings in the Raleigh and Charlotte, N.C., markets.…
Transactions Urban Partners, Genova form JV for urban development project near Stockholm Urban Partners, through Nordic Strategies Fund V, has entered a joint venture with Genova Property…
Fundraising Digital Realty announces final close of $3.25b U.S. hyperscale data center fund by Released Digital Realty has completed a final close for its inaugural U.S. hyperscale data center fund, securing $3.25 billion of total equity commitments from a diverse group of global institutional investors, including public pensions, sovereign wealth funds, endowments and foundations, corporate pensions, insurance companies and asset managers, and family offices.
Investors Q&A: Realty Income CFO on structuring the $1b Apollo partnership by Andrea Zander In an exclusive Q&A with IREI, Pong discussed the deal with Apollo and Realty Income Corp.’s broader push into private capital. “We are the first REIT to execute this type of structure,” he said. “This is a key part of our broader private capital strategy, which is now multi-pronged, and reflects a lot of work we have been doing behind the scenes.”
