Redevco has acquired Elisen Park Greifswald from Patrizia, marking the third German acquisition for its European Retail Parks fund.
CRE Herald
Market analysis, deal insights, and sector research trusted by fund managers, asset managers, and senior executives.
Already s subscriber? Log in to unlock this content
A steady slide since spring The week-by-week decline has been consistent. Weekly job additions averaged 30,750 in early June, then fell to 24,250, 21,000, and 19,250 before dropping to the current 16,500 reading. That is a 60% drop in US private sector job growth since the peak in early May. The NER Pulse is produced…
Marcus & Millichap completed the sale of a 220-unit multifamily asset in St. Charles, Illinois.“Located in a high-demand submarket, Fox Run Apartments is a fully renovated asset well-positioned for long-term growth,” said Ryan D. Engle, senior managing director of investments in Marcus & Millichap’s Chicago Oak Brook office. Engle and Andrean Angelov of Marcus &…
Trump says future of ’weaponization’ fund is up to Blanche
Moneta Group is going global, announcing a strategic partnership with a London-based financial planner and launching Moneta Global Wealth to serve internationally based clients. In an interview with Wealth Management, Moneta CEO Erik Kittner lauded the partnership with Thomson Tyndall, a U.K. firm founded in 2016 that specializes in financial planning and investment management. He…
If I go to my local ATM and withdraw $400 from my account, and lose it later while walking down the street, is the bank responsible for that loss? Of course not. The money was removed from its custody and entrusted to mine. If a malefactor stops me on the street, coerces me into withdrawing…
One day, Remington Lyman was brought into his boss’s office, told that he did above-and-beyond at his job, and was handed a 2% raise with a smile. All the extra hours, all that hard work, equaled the equivalent of an inflation-matching salary bump. That was it—it was time to put his financial freedom in his…