BTR News’ Post

It’s always a useful exercise to compare two REITs to see which makes a better investment choice for yourself. We look at two popular REITs with CapitaLand Investment Limited (SGX: 9CI) as their sponsor - CapitaLand Integrated Commercial Trust (SGX: C38U) and and CapitaLand Ascendas REIT (SGX: A17U). So, which makes the better investment? #betterbuy #REITs #investing #sgxstocks

In today’s NBR - National Business Review's Dealmaker Series Mitchell Schauer talks to Lachlan Colquhoun about what’s behind the action in the real estate sector. One of the main features has seen the return of Japanese investors, who have been the biggest offshore players over the past 18 months. Mitch says: “A big part of that is relative interest rates and prospective relative returns. But it also has to do with the Japanese economy itself, with its features of low economic and population growth, and Australia has always been a great destination for this capital.” Mitch also notes much of the action in the real estate sector has been in private capital. "It’s at a tipping point that’s been building for decades driven by the growth of Australian superannuation funds which have been taking active stakes in listed companies, as well as taking public companies private", he says. “The Australian superannuation funds have been growing through inflows and mandated mergers, and now there’s six mega-funds. This is a trend that’s been building in front of our eyes for decades and, while it has been slow moving, I think it has very much reached an inflection point where the critical mass is there and there’s no going back. That’s not to say that public markets are dead – it’s just the dynamics have shifted.” The NBR notes Jarden’s eight deals in this sector over the last two years with a total value of A$15bn, including: -      Recapitalisation of ADIA and ESR’s A$3bn logistics and industrial property venture -      The establishment of Mirvac’s A$1.8bn built-to-rent venture funded by Japanese and domestic investors -      Working with Stockland on two deals: the A$1bn land lease community partnership between it and US group Invesco, and the A$1.3bn acquisition of masterplanned communities from Lendlease -      The NZ$290m deal for New Zealand-listed Goodman Property Trust to internalise its management and create a new property funds platform

Arrow today announced the acquisition of Amitra Capital Limited ('Amitra Capital') from CPP Investments | Investissements RPC ('CPP Investments'). This acquisition significantly expands Arrow’s footprint in Spain and provides a foundation for future collaboration with CPP Investments, focusing on both current and prospective investment opportunities. CPP Investments retains its current direct economic interest in all of the portfolios managed by Amitra Capital. Zachary Lewy, CEO, and Chief Investment Officer of Arrow Global, commented: "This acquisition builds on our existing presence in Spain alongside our other operations, including Elba Finance and Galata, it also sets the stage for a broader strategic partnership with CPP Investments. We are excited to extend our platform and servicing capabilities into this key European market and look forward to expanding our partnership with CPP Investments in providing access to investment opportunities, expanding market presence, and delivering value to our clients.” Derek Jackson, Managing Director, Head of European Credit, from CPP Investments, said: "The sale of Amitra Capital to Arrow Global, and the establishment of a long-term strategic partnership is centred on Arrow Global’s extensive knowledge and experience in real estate asset-backed investments. We have built a strong asset management business in Amitra Capital which is complementary and valuable to Arrow’s franchise, can access the scale and scope of their platform and we look forward to seeing the combined business move from strength to strength.” #privatecredit #privatedebt #alternatives #realestate #assetmanagement Read the full press release here https://bit.ly/3WCJWYS

📝Arrow Global Group announces acquisition of Amitra Capital from CPP Investments | Investissements RPC. The move will strengthen Arrow Global's position in the Iberian market and it's long-term relationship with CPP. "We are excited to extend our platform and servicing capabilities into this key European market and look forward to expanding our partnership with CPP Investments in providing access to investment opportunities, expanding market presence, and delivering value to our clients.” - Zachary Lewy, Founder, CEO and CIO at Arrow Global "We have built a strong asset management business in Amitra Capital which is complementary and valuable to Arrow’s franchise, can access the scale and scope of their platform and we look forward to seeing the combined business move from strength to strength." - Derek Jackson, Managing Director, Head of European Creditat CPP Read more about the acquisition and how it will strengthen Arrow Group's position and expertise, via the article linked below. 👇 https://lnkd.in/dKVGYFYC #acquisition #Spain #expansion ---- 💡 Follow PropTech Connect for daily #RealEstate and #PropTech news and insights.

Cole Waterhouse and Taurus Investment Holdings, LLC have agreed a £60m joint venture with HGP and BGO to bring forward the first phase of their Upper Trinity Street build-to-rent (BTR) development in Digbeth, Birmingham.

Emira Property Fund has entered into a series of agreements with DL Invest Group to acquire a 25% interest in its issued shares with the option to acquire a further interest in DL Invest, which if effected, will result in Emira owning 45% of the issued shares of DL Invest. DL Invest is a Luxembourg-headquartered property company which develops and holds logistics centres, mixed-use office centres, and retail parks across Poland. It boasts a portfolio of 50 assets valued at approximately €730m: https://bit.ly/3AnnPNe #reit #realestatenews #propertyfund #assetmanagement #commercialrealestate #realestateinvestment #poland #europe #shareholders #investorrelations #propertyowners #landlords #propertynews

Emira Property Fund has entered into a series of agreements with DL Invest Group to acquire a 25% interest in its issued shares with the option to acquire a further interest in DL Invest, which if effected, will result in Emira owning 45% of the issued shares of DL Invest. DL Invest is a Luxembourg-headquartered property company which develops and holds logistics centres, mixed-use office centres, and retail parks across Poland. It boasts a portfolio of 50 assets valued at approximately €730m: https://bit.ly/3AnnPNe #reit #realestatenews #propertyfund #assetmanagement #commercialrealestate #realestateinvestment #poland #europe #shareholders #investorrelations #propertyowners #landlords #propertynews

LFB Ventures finished strong with $122,000,000 in Q4 financings. With a significant Q1 pipeline, we are very excited for what 2025 will bring. We look forward to working with you in 2025. Please reach out if you you'd like to discuss your land and housing capital needs. #LFB #LFBVentures #capitaladvisory #debt #land #housing #structuredfinance #homebuilding #buildtorent #development

Lendlease is pulling the plug on a disastrous foray into the US, UK and European construction markets with a retreat from its sprawling international portfolio that promises to unlock $4.5 billion in capital. The company and its under-fire chair Michael Ullmer AO have faced a backlash from investors who have been pressing the board and senior executives to focus on Australian operations as it struggles to rekindle a stock price that has plunge almost two-thirds since 2019. Lendlease revealed in a strategy update on Monday that it would simplify the business to enhance its integrated real estate business in Australia with international investment management capabilities. It expects “significant progress” towards the goal within the next 12 to 18 months. “We recognise that our security price performance and securityholder returns have been poor as we have faced structural challenges and a prolonged market downturn,” Mr Ullmer said. “We need to take significant action at an accelerated pace to deliver value for our securityholders, capital partners and customers. Today we have announced the blueprint to position Lendlease for success – focussing on our core strengths and competitive advantages. We have thought very carefully about the necessary strategic refocus and made some tough decisions.” Shares rocketed 9% on the news in early trade to $6.41. Mr Ullmer has faced a barrage of criticism as he fighting an investor revolt and exit the property and construction conglomerate on his own terms. Investor worries about Lendlease’s direction became public last week when major backer Aware Super, which holds 8.5 per cent of the company’s shares, called for a shake-up at the very top. Other big Lendlease investors including Tanarra Capital, Allan Gray Proprietary Limited and 5 per cent shareholder HMC CAPITAL had already lost patience with a company. Lendlease said its turnaround strategy to “right size its cost base” and “simplify” the business would recycle $4.5b of capital by exiting international construction and accelerating capital release from its offshore development projects and assets. It also includes a phased return of capital to investors through a $500 million share buyback program. Group chief executive Tony Lombardo said ”a new Lendlease is emerging”. The new structure would be less complex, “more focused and fit for purpose ... and more easily understood by our people and customers, and transparent and predictable for securityholders”. “By reshaping the portfolio, concentrating on our core competencies in markets where we have proven we have the right to play, and the competitive advantage to win, the financial and operational risk profile will be lower, and we believe the quality of our earnings ultimately higher and more sustainable,“ Mr Lombardo said. thenightly.com.au/business

ANNOUNCEMENT: Langdon Capital has been appointed to raise £2.6m for a rapidly growing UK PropTech company Langdon Capital are delighted to have been appointed by a UK property technology company with £3m in annual revenue to raise £2.6m in debt and equity to fund product development and the launch of its latest technology platform. https://lnkd.in/e3jNhhHv Enquiries   For further information, please contact info@langdoncap.com    About the author   Sabbir Rahman is Managing Director of Langdon Capital. He has held prior roles with Morgan Stanley, Lazard and Barclays Investment Bank. He has executed over £60 billion in notional value of debt, equity, M&A and derivatives transactions with global corporates, private equity funds and financial sponsor groups.   About Langdon Capital   Langdon Capital assists SMEs and mid-market companies with capital raising, M&A and disposals up to £250m in transaction size; and innovative, high-growth companies with >£1m in annual revenue and >30% in annual revenue growth raise debt or equity, at Series A and later funding rounds, from a network of alternative investors spanning private equity firms, venture capital funds, corporate VC arms, family offices, venture debt funds, private credit funds, real estate funds and hedge funds.   contact info@langdoncap.com | visit https://lnkd.in/efbgJk_3   #CapitalRaising #CorporateFinance #CorporateDebt #DebtFinancing #DebtFinance #Financing #Capital #Debt #Equity #VentureCapital #VentureDebt #Founders #Founder #Entrepreneur #Entrepreneurs #Entrepreneurship #Startup #Scaleup #Fundraising #SeriesA   This is not financial advice or any offer, invitation or inducement to sell or provide financial products or services or to engage in any form of investment activity.