Commercial real estate
Alidade Capital, LLC, a real estate fund manager, has strengthened its investment team with the hiring of Matt Morano as Head of Acquisitions, Eastern Region. Morano, a seasoned commercial real estate investor with over 20 years of experience, brings significant industry knowledge and relationships to the role. In addition to
Real estate industry
The Employees Provident Fund Board has disclosed its change in substantial securities holder's interest in Pavilion Real Estate Investment Trust. On August 28, 2024, the Fund disposed of 287,700 units in the Trust through CITIGROUP NOMINEES (TEMPATAN) SDN BHD, its nominee. This transaction resulted in a decrease
Real estate industry
Recent executive career moves, board changes, and other notable individual achievements within the REIT and publicly listed real estate market have been highlighted by the National Association of Real Estate Investment Trusts (NAREIT). Blackstone Real Estate Income Trust, Inc. (BREIT) announced that Wesley LePatner will become the new CEO as
Real estate industry
Tigere Property Fund, a real estate investment trust listed on the Zimbabwe Stock Exchange, has reported stability in property values across all sub-segments, with demand outweighing supply in the sector. According to the company's half-year financial statements, occupancy rates remained at 100% at its Highland Park Phase One
Real estate
A recent study by real estate services company ANAROCK has identified Tellapur in Hyderabad as the 9th most active real estate market in India. The area saw a significant supply of over 18,960 new units between 2019 and H1 2024, with a notable 66% of these units being in
Real estate industry
The number of real estate investment trusts (REITs) in Britain has seen a significant surge over the past five years, largely due to changes in regulations that have reduced financial and administrative burdens. Data released under a freedom of information request revealed that there were 80 REITs in the 2019-20
Real estate industry
The Employees Provident Fund Board (EPF) has made significant changes in its substantial securities holdings in AXIS REAL ESTATE INVESTMENT TRUST. On August 27, 2024, the EPF disposed of 945,800 units of AXIS REAL ESTATE INVESTMENT TRUST, consisting of 600,000 units through Citigroup Nominees (Tempatan) Sdn Bhd -
Real estate industry
Inovalis Real Estate Investment Trust (REIT) has announced plans to sell a single asset in Paris, France, located at 24-26, Rue Benard - 25, Rue Hyppolite Maindron - 27-29, Rue de la Sabliere. The sale is set to take place after the upcoming special meeting of unitholders on September 4,
Real estate industry
Inovalis Real Estate Investment Trust has announced plans to sell a property in Paris, France, located in the District 14, as part of a special meeting scheduled for September 4, 2024. The REIT is recommending that unitholders vote in favor of the sale, which is expected to generate a net
Real estate industry
Zimbabwe's property development is on the cusp of a new era, driven by the growth and adoption of Real Estate Investment Trusts (REITs). As the country's premier property investment conference, ZimReal 2024, prepares to kick off on August 28, industry stakeholders are converging to discuss the
Real estate industry
AREIT Inc., the listed real estate investment trust of the Ayala Group, is gearing up for rapid growth in the coming years. The company aims to diversify its asset mix to improve returns and reduce sector risks across various economic cycles. AREIT's president and CEO, Jose Eduardo Quimpo
Real estate industry
The Employees Provident Fund Board, a prominent Malaysian pension fund, has disclosed its increased stake in Pavilion Real Estate Investment Trust (REIT) through CITIGROUP NOMINEES (TEMPATAN) SDN BHD. The fund acquired 709,900 units in Pavilion REIT, thereby increasing its direct interest to 12.268% of the total outstanding units.
