The Vistria Group’s Post

Vistry Group has agreed terms with Blackstone’s real estate arm and Regis Group for the acquisition of a portfolio of new-build homes totalling a gross development value of around £580m. The portfolio would be managed by Leaf Living, a private rented sector housing provider backed by funds managed by Blackstone and Regis. The portfolio, which is concentrated in the south east of England and is largely plots from Vistry’s former housebuilding landbank, consists of some 1,750 homes across 36 Vistry developments. James Seppala, head of European real estate at Blackstone, said: “Institutional private capital can play an important role in providing high quality housing stock across the UK, particularly in the private rented sector which is significantly undersupplied today. Partnerships such as these can meaningfully accelerate the delivery of new homes and help alleviate structural undersupply across the sector.” Read more ⬇️⬇️⬇️ https://lnkd.in/e3Z8dQi5

Sirius Real Estate pays €40m for two business parks in Germany Andrew Coombs, Chief Executive Officer of Sirius Real Estate, commented: “These acquisitions provide the Company with strong day one cash flow from a stable, diversified tenant base and align well with our strategy of curating a range of flexible out-of-town light industrial products that we expect to appeal to the local market. Acquired at attractive yields, these sites offer under-rented space and an opportunity to reduce vacancy and improve cashflow, providing a range of avenues for Sirius to leverage its UK and German operating platforms to generate significant value creation and to grow net operating income over the medium term. #germany #realestate #commercialrealestate

 Exciting News! I'm thrilled to announce the recent acquisition in Cedarburg of a roughly 35,000 sqft light industrial building with the incredible support of my dedicated team!  Working with Paul Sackmann at Old National Bank was an awesome experience. Thomas McCrossin provided invaluable assistance with the post-closing tenant and space strategy, while Eran Linker, one of my key equity partners, consistently demonstrated the readiness and capability to propel us forward at every opportunity. This spacious property is not only a testament to our collective vision and hard work but also marks an exciting opportunity for businesses looking for prime space. With its strategic location and versatile layout, it's primed to accommodate a wide range of ventures. But that's not all – this acquisition is just the beginning! We're actively seeking more opportunities to expand our portfolio and invest in promising properties. If you're considering leasing, selling, or investing, in commercial real estate, don't hesitate to reach out. Let's connect and explore how we can work together to unlock the full potential of this dynamic market!  #CommercialRealEstate #InvestmentOpportunity #TeamWork #ExpansionPlans #MHConcepts

Greenstone AM has acquired from TORUS an almost 80% stake in a special purpose vehicle owning the FORMAT office building of app. 16,000 m2 in Gdansk. If I said I was excited about announcing this deal, I’d be putting it too mildly. Why? It is the first big-ticket office transaction in Poland’s regional cities since 2022! This showcases the strong fundamentals of the Polish capital market, which, after an economic downturn, is showing signs of recovery and proving that top-quality, modern, tenant-favored commercial properties remain in demand and continue to be attractive assets for leading players. Such are Torus's investments, and this has translated into the trust from Greenstone, who is carefully building its project portfolio. Congratulations to our client Torus and the buyer Greenstone on the successful closing of the deal, and to other advisors involved in this transaction - Greenberg Traurig, LLP , LegalKraft, Trebbi. The Cushman & Wakefield Capital Markets’ team – myself and Katarzyna Zajączkowska - had the pleasure of advising the vendor. #capitalmarkets #regionalmarkets #realestate #officemarket #offices #privateequity #OneCushwake #WaMakeADifference

Exciting news! 🎉 Another commercial unit successfully leased at 22 E Central St in Franklin. Here's to new beginnings and thriving businesses! If you're in search of your ideal commercial space, let's make it happen. 🏢✨ #JustLeased #CommercialSuccess #BusinessExpansion #FranklinMA #TopRealtorFranklinMA #FranklinCommercial

Downtown Manhattan based tenants are increasingly touring and signing leases in Midtown. Examples of recent Downtown to Midtown relocations include: ● Daiwa Capital Markets (32 Old Slip to 1251 Avenue of the Americas) ● Capcp (77 Water Street to 350 Fifth Avenue) ● YMCA Retirement Fund (120 Broadway to 1177 Avenue of the Americas) ● Capalino (233 Broadway to 730 Third Avenue) In addition to the above, I’m aware of a downtown-based law firm and insurance firm touring Midtown for ~30,000 sq ft. each. Why is this happening? ● Because location is the most important amenity in this new marketplace, and for many companies, that means Midtown is a more desirable market. ● Also, with rents down in many Midtown buildings, there are economically favorable deals for these companies to pursue that may not have been available when they elected to move Downtown. #commercialrealestate #realestate #officespace #manhattan

Acquisition news 📢   PBC Real Estate Advisors Inc. (an affiliate of CLV Group) is proud to share its latest acquisition of Résidence des Bâtisseurs Louiseville, marking another significant milestone in the firm's commitment to creating exceptional living experiences for seniors across Québec.   As part of PBC’s joint venture operating under the brand Résidences des Bâtisseurs, Louiseville joins a growing collection of properties offering a comprehensive range of independent and supportive units, common spaces, on-site care services, and inclusive amenity spaces.    With this strategic acquisition, the portfolio now exceeds 4,400 units, surpassing the goals set out when the fund was first created in 2017. PBC and its joint venture partner continue to enrich and optimize each community through a dedication to innovation, quality, and resident satisfaction. https://lnkd.in/ehZ7N8Ey #AcquisitionNews #OttawaRealEstate #OntarioRealEstate PBC Real Estate Advisors Inc. #OttawaBusiness #QuebecRealEstate #RealEstateAdvisor #AssetManagement #PropertyManagement #CommunityBuilder

Tomorrow, looking forward to attending Bisnow “Dallas State of the Market”, catching up with one of the coolest guys on the planet: Hussain Masumi and hearing from an amazing roster of panelists and moderators: What you’ll learn: •Dallas-Fort Worth remains one of the top regions for development - but what is taking place specifically in the Dallas market? •How is the country's ninth most populous city thinking about development as the population continues to grow? •What trends are we seeing at the national level and how is that impacting the Dallas market? •Which financing options for real estate development, from traditional loans to alternative funding sources, are being leveraged in this economic environment? •What types of tenants are moving to Dallas and what are the current leasing terms? •From casinos to semiconductor manufacturing plants - what are the largest developments taking place within Dallas? SPEAKERS AND PANELS OPENING KEYNOTE: SOFT LANDING UNDERWAY? OUTLOOK FOR THE US AND TEXAS REAL ESTATE MARKET Richard Barkham Global Chief Economist, CBRE LENDING IN TODAY’S MARKET: AN IN DEPTH LOOK AT CURRENT TRENDS AND THE IMPACTS ON COMMERCIAL REAL ESTATE IN THE DALLAS MARKET Bob Mohr Founder & Chairman, Mohr Capital Stephen Galbreath, Garfield Public/Private Christopher Morris, CCIM, SFR® VP, Edge Capital Markets Branko Kuzmanović Director - Acquisitions, Empira Group Ryan Chismark, CCIM Partner, Meritax Advisors Lee McCormick President, Lone Star Pace MODERATOR Zach Sams EVP, Kensington Vanguard National Title LEASING AND SALES ACTIVITY: NAVIGATING THE EVOLVING TENANT AND BUYER DEMANDS ACROSS DALLAS Robbie Baty Vice Chair, Cushman & Wakefield Doug Banerjee Sr Managing Director, Greysteel Emily Hoffman SVP, Dallas Office Tenant Representation, Colliers Reegan (Cornwell) Busby Vice President Leasing, Pacific Elm Properties Brittney Austin Partner, SHOP Companies MODERATOR Greg Gordon President, Highlander TRANSFORMATIVE DEVELOPMENTS: BUILDINGS THAT ARE RESHAPING THE CITY’S FUTURE Donald Braun President, HALL Group Artemio De La Vega CEO, De La Vega Development Billy Prewitt EVP, Chief Investment Officer, Pacific Elm Properties Dallas Cothrum President, Masterplan Harrison Preston Polsky Principal Sales Agent, The Polsky Porpino Team at Douglas Elliman Real Estate MODERATOR Steven Upchurch, AIA Principal & Co-Managing Director, Gensler Say hello if you plan attend. #bisnow #dallas #commercialrealestate #economicdevelopment #stateofthemarket @metrodevpmnt

Title: The Changing Face of San Francisco's Upper Fillmore: Implications for Commercial Real Estate and Local Businesses As a real estate industry expert, I've been closely following the recent developments in San Francisco's Upper Fillmore neighborhood, particularly the controversy surrounding venture capitalist Neil Mehta's commercial property acquisitions. This situation highlights the delicate balance between neighborhood revitalization and the preservation of long-standing businesses that contribute to a community's unique character. Key takeaways from the recent article include: 1. **Displacement Concerns**: The potential displacement of legacy businesses like La Mediterranee and Ten-Ichi raises questions about the impact of commercial real estate investments on local businesses. As industry professionals, we must consider how to strike a balance between modernization and preserving the fabric of a neighborhood. 2. **Legislative Responses**: Proposed temporary zoning controls and additional approvals for replacement tenants in the Upper Fillmore Neighborhood Commercial Historic District could set a precedent for other neighborhoods facing similar challenges. This highlights the growing trend of local governments intervening to protect small businesses and maintain neighborhood character. 3. **Community Engagement**: The planned meeting between Supervisor Catherine Stefani and stakeholders emphasizes the importance of open dialogue and collaboration between real estate investors, local businesses, and community leaders. As industry professionals, we should actively participate in these discussions to find mutually beneficial solutions. 4. **Transparency and Communication**: The confusion surrounding Mehta's involvement and the role of the SF Reserve Foundation underscores the need for clear communication and transparency in real estate transactions. Building trust with the community is crucial for successful investments and neighborhood revitalization efforts. 5. **Adapting to Changing Landscapes**: The relocation of Cielo, whether related to Mehta's acquisitions or not, reminds us that the commercial real estate landscape is constantly evolving. As industry professionals, we must stay attuned to these changes and help our clients navigate the challenges and opportunities they present. I encourage my fellow real estate professionals to share their thoughts and experiences on this topic. How can we foster responsible investment while preserving the unique character of our neighborhoods? What innovative solutions have you seen or implemented to address similar challenges? Let's continue this important conversation and work together to shape the future of our industry and the communities we serve. #RealEstate #NeighborhoodRevitalization #CommunityEngagement

Cousins Properties and New York-based Town Lane have acquired The Proscenium at 1170 Peachtree Street NE for $83M, or $157/sq ft — 30% below its 2004 price. This acquisition follows Cousins' Q2 earnings report, highlighting growth in office occupancy and a focus on lifestyle properties in the Sunbelt. 📈 🔍 CompStak data reveals a 14.7% increase in average starting rent in Midtown Atlanta from 2023 to 2024, alongside a rise in average free rent ratios, now at 10.6% in 2024. Check out the full CompStat: https://hubs.ly/Q02NbP9G0 #RealEstate #Atlanta #MarketTrends #CommercialRealEstate #CRE #Data