Home / News / Industry News

Industry News

INREV appoints new Director of Research and Market Information

INREV, the European Association for Investors in Non-listed Real Estate Vehicles, has appointed Iryna Pylypchuk as the new Director of Research and Market Information. Pylypchuk, who joined on 1 September, replaces Henri Vuong, who is leaving INREV at the end of September after six years at the helm of the association’s research and market information team to take up a new global role based in London. With nearly two decades of investment research experience, Pylypchuk moves from investment solutions provider...

Hines founder and chairman dies at age 95

Gerald D Hines, founder and chairman of real estate firm Hines, died on 23 August, at age 95. The news was announced by his son, Jeffrey C Hines, who has been running the firm as president, and now assumes the role of chairman and CEO of the Hines company. “Beyond his significant, impactful career and his pioneering contributions to architecture, sustainability and the built environment, Dad felt his greatest achievement is the team of dedicated professionals who have and will...

Do you want to receive the latest Industry news?

Please login to subscribe to Industry News


Is your company an INREV member?
Create an account

Not a member?

Carney joins Brookfield as vice-chair, ESG head

Mark Carney, the former governor of the Bank of England has joined the asset manager as vice-chair and head of environment, social and governance and impact fund investing. Brookfield said Carney will help push the firm’s renewable investing efforts to combine better long-term outcomes for society with strong risk-adjusted returns. He will expand on Brookfield’s existing strengths in ESG investing with the development of a group of funds that will work to combine positive social and environmental outcomes with strong...

Bouwinvest opens NYC office, with Bert van den Hoek appointed to lead

Bouwinvest Real Estate Investors intends to invest a further $350m (€300m) in North America in the next two years and has appointed Bert van den Hoek to lead its new international office in New York. Senior portfolio manager Van den Hoek, who joined Bouwinvest at the beginning of this year, will lead the company’s effort to grow the firm’s $1.65bn North America investments to $2bn at the end of 2022. Bouwinvest has been active in North America since 2010. Van...

PGIM Real Estate raises £350 million for new Europe debt fund

PGIM Real Estate has so far raised 35% of a £1bn (€1.1m) fundraising target set for its latest European debt vehicle, according to one investor. Pennsylvania Public School Employees’ Retirement System (PSERS) said in a meeting document that it has approved a $125m commitment to the PGIM Real Estate Capital (PRECap) VII, a fund which has so far raised £350m. PGIM raised more than £1bn for the predecessor fund in April 2017. The fund manager is expected to make a...

CBRE GIP-backed Dutch residential venture acquires 429 apartments

CBRE Global Investment Partners (CBRE GIP) and IC Netherlands (IC NL) have bought 429 apartments in Amsterdam. The investors, via their Dutch Urban Living Venture (DULV) partnership, have paid an undisclosed amount to buy the recently completed residential element of the Don Bosco scheme. DULV invests in newly built urban young professional accommodation in the Netherlands through forward funding turnkey purchase contracts. Alexander van Riel, head of continental Europe investments, CBRE GIP, said: “The growing demand for rental housing in...