The USD $2.2-billion (CAD $2.7 billion) deal involves 149 warehouse/distribution buildings located in 12 major metropolitan markets throughout the United States.

Developers are facing escalating material costs, supply chain disruptions and labour shortages in step with climbing vacancies and falling rental rates that were not contemplated 18 months ago.

MSCI estimates the global professionally managed real estate investment market grew by 9 per cent to reach USD $10.5 trillion in 2020, up from USD $9.6 trillion in 2019.

Blackstone Real Estate Income Trust has entered into an agreement to acquire WPT Industrial REIT's U.S.-based portfolio of distribution and logistics facilities for USD $3.1 billion.

Recently released results of the REALPAC/Ferguson Partners Canadian Real Estate Sentiment Survey show industry executives in a more upbeat mood in Q2 2021 than was the case 12 months earlier.

Anna Murray has been promoted to managing director and appointed to the newly created role of global head of ESG with SLC Management.

Market analysts anticipate more capital flowing into the sector as vacancies tighten and rental rates rise, and they warn that available space is nearing depletion in Vancouver, Toronto and Montreal if leasing continues at the recent pace.

Real estate recorded the most notable dollar-value decline in intra-Commonwealth investment activity in 2020 relative to the three-year annual average prior to the COVID-19 pandemic.

Retrofit proponents unable to contribute at least $6.25 million in equity capital will have to look to third-party interveners in order to tap into the Canada Infrastructure Bank’s $2-billion fund for commercial buildings.

Oxford Properties is targeting opportunities to pump up Australia’s institutional-grade multifamily inventory and capture renters locked out of the booming housing markets in Sydney and Melbourne.

Cold storage facilities are flagged to deliver robust returns to investors due to the evolution of food retailing, demand for vaccines and other pharmaceuticals, and the thriving outlook for the warehouse/distribution and logistics sector in general.

Taking on the role of executive vice president and operating partner, Michael Zea will work with the various operating companies in which QuadReal holds an ownership interest.

While Canadians may tend to entertain dreams of cottages, camps or cabins, condos are at the core of affordable recreational property options in many popular vacation areas.

CPP Investments is one of five pension plan managers on the list, along with three global insurance/asset management firms and two sovereign wealth funds.

Securities regulators wish to confirm that the representations registrants are making about the incorporation of ESG principles in their investment decision-making processes are consistent with their actual policies and procedures.

Of the 21 transactions totalling approximately $197 million in value during the first quarter of 2021, seven properties were sold for redevelopment or conversion to other uses and three were distressed sales.

Industrial assets and development land accounted for more than 50 per cent of investment sales value in Q1 2021 with trade activity in both sectors far outpacing deal-making in the pre-pandemic months of 2020.