Green Courte Partners Acquires Industrial Outdoor Storage Property Located In Nashville, Tennessee, Msa
CHICAGO, Jan. 9, 2025 /PRNewswire/ -- Green Courte Partners, LLC ("Green Courte"), a private equity real estate investment firm focused on building industry-leading companies within niche real estate sectors, announced today that its sixth investment fund, Green Courte Real Estate Partners VI, LLC and its affiliates, acquired 3436 Couchville Industrial Boulevard, an industrial outdoor storage ("IOS") facility located along I-840 in Mount Juliet, Tennessee, in Wilson County's fast-growing industrial submarket. The property will be managed by GCP Truck Storage Management, LLC ("GCP TSM"), Green Courte's wholly owned IOS operating platform.
Exus Renewables Expands Hybrid Energy Portfolio With Acquisition Of 130mwp Cibele Solar Farm From Lightsource Bp
(IN BRIEF) Exus Renewables has acquired the 130MWp Cibele solar farm in Portugal from Lightsource bp, expanding its renewable energy portfolio in Iberia. Construction is set to begin soon, with operations expected to start in 2026. The solar farm’s strategic … Read the full press release →
World’s Biggest Hedge Fund Bridgewater Cuts 7% Of Staff | The Straits Times
The cuts affect about 90 employees, a source said. :
NEW YORK - Bridgewater Associates dismissed 7 per cent of its workforce on Jan 6 as the world’s biggest hedge fund seeks to remain lean and maintain the flexibility to hire top talent, according to a person familiar with the matter. The cuts affect about 90 employees, said the person, who asked not to be identified because the information has not been announced publicly. The firm, whose headcount is now back to where it was in 2023, will continue hiring selectively, the person said.
Prima Asset Management Partners With Dr. Jerry Schwartz, Australia's Largest Private Hotel Investor, For Central London Hotel Expansion
SINGAPORE, Dec. 20, 2024 /PRNewswire/ -- Singapore-based Prima Asset Management has partnered with Australia's largest private hotel investor, Schwartz Family Company, to accelerate its real estate expansion in London, Europe's leading hotel investment destination. Schwartz Family Company will serve as a key investor in Prima's London Paddington hotel redevelopment project and possibly other future ventures. This strategic collaboration marks a significant step in Prima's UK expansion, bolstered by Schwartz Family Co's extensive portfolio of 15 hotels and over 4,300 rooms across Australia.
Commercial Real Estate Market To Grow By USD 384.46 Billion (2024-2028); Global Commercial Sector Growth Boosting Market, Ai Driving Transformation - Technavio
NEW YORK, Dec. 18, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The global commercial real estate market size is estimated to grow by USD 384.46 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.36% during the forecast period. Growing commercial sector globally is driving market growth, with a trend towards increasing marketing initiatives. However, rising emphasis on remote work and online shopping poses a challenge.
Constellation Wealth Closes First Fund With $1b+ In Commitments
Since forming in late 2023, Constellation has made eight investments in firms, including one earlier this month in Cresset. :
Constellation Wealth Partners, the private equity firm founded by former Emigrant Partners CEO Karl Heckenberg focusing on wealth managers, has closed its inaugural fund with more than $1 billion in capital commitments. The Constellation Wealth Capital Fund includes partners ranging from insurance companies and endowments to foundations, asset managers and fund-of-funds. According to the firm, the fund was oversubscribed, and Heckenberg stressed the “significant market opportunity” in working with wealth management firms at “inflection points” in their growth paths.
The Weekly Notable Startup Funding Report: 12/16/24 – Alleywatch
The notable startup funding rounds for the week ending 12/14/24 featuring funding details for Evinced, Raptor Maps, Speak, and seventeen other deals representing $1.07B in new funding that you need to know about.
Shell Announces Final Investment Decision For Bonga North Deep-water Project, Advancing Nigeria’s Offshore Energy Development | Europawire
(IN BRIEF) Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has approved the final investment decision for the Bonga North project, a deep-water oil and gas development off Nigeria’s coast. The project, which ties into … Read the full press release →
Minto Apartment Reit To Enter Metro Vancouver Market With 50% Purchase Of Lonsdale Square
OTTAWA, ON, Dec. 16, 2024 /CNW/ - Minto Apartment Real Estate Investment Trust (the "REIT") (TSX:MI) announced today it has entered into a definitive agreement (the "Transaction") under which the REIT has agreed to purchase a 50% managing interest in Lonsdale Square. A national Canadian life insurance company (the "Partner") has agreed to purchase the remaining 50% non-managing interest. Completed in Q1 2024, Lonsdale Square is a purpose-built rental building located in central Lonsdale in North Vancouver consisting of 113 suites and ground floor retail highlighted by an upscale brewpub and a pharmacy.
Green Courte Partners Acquires Active-adult Community Located In Atlanta, Georgia, Msa
CHICAGO, Dec. 12, 2024 /PRNewswire/ -- Green Courte Partners, LLC ("GCP"), a private equity real estate investment firm focused on building industry-leading companies within niche real estate sectors, announced today that its sixth investment fund, Green Courte Real Estate Partners VI, LLC and its affiliates, acquired Cottages of Monroe, a 51-unit active-adult cottage community located in Monroe, Georgia, just east of Atlanta. The acquisition increases GCP's national senior living portfolio, which is managed by the firm's wholly owned operating platform, True Connection Communities, to 20 communities containing approximately 3,200 units. www.GreenCourtePartners.com for more information.