Deals

Managers look to Sweden as liquidity pressures mount

The concentration of bond financing issued by the country’s REITs makes it a target for potential acquisitions in the coming months.

Matter Real Estate gets UBS backing for core UK housing fund

The commitment from the real estate investment arm of the Swiss banking giant has been invested in portfolio company Placefirst.

Office moves in and retail moves out at 20 Hudson Yards

The former Neiman Marcus retail space, which Wells Fargo acquired for $550m, will become the sole office space in the retail property.

Invesco to rebalance exposure in its Asia core fund

The firm plans to lower the vehicle’s exposure to offices by 15-20% as it seeks to top up its allocation to multifamily and logistics.

Bain’s Chua: China remains a ‘core market’ for us

Exits include its shares in Chinese logistics company CNLP and all of its non-performing loans in the country.

Berkshire Global Advisors: Real estate M&A will return in earnest

Mergers and acquisitions are down as the market stalls, but stake sales are still happening, albeit more slowly than usual, says Drew Murphy, partner and head of real estate at Berkshire Global Advisors.

PERE Global Awards 2023: Time to share your highlights

You have until November 17 to tell us which firms and individuals made the biggest marks in a year stifled by difficult macroeconomic conditions.

Transition risk is causing property investors to abandon deals, says ULI

More than 60% of respondents to an Urban Land Institute survey said concerns about the risks involved in decarbonizing assets have led to acquisitions not going ahead.

Historic Manhattan hotel with checkered past changes hands

Acquired in August by the Qatar Investment Authority, the Park Lane Hotel in New York was once embroiled in an embezzlement scandal.

Germany teeters on the edge of significant distress

Historical trading activity and higher-than-average investor allocations have brewed a ‘perfect storm’ in the country’s real estate market.