Real estate remains a top-performing asset and in robust demand among institutional investors and high-net-worth investors. This best-in-class asset comprises nearly $300 trillion in global value and continues to climb as demographics fuel international demand. From REITs to capital flows, from private equity strategies and value creation to booming demand for luxury properties, the DailyAlts Real Estate channel covers the top news and insights in the space
Yieldstreet, a prominent private market investment platform, has officially announced its acquisition of Cadre, an online real estate-focused investment platform catering to institutional and high net worth investors. This strategic move solidifies Yieldstreet’s category leadership, incorporating Cadre’s institutional clients, unique investment platform, and a substantial investor base.
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Global X has launched a new Green Building ETF that will allow investors exposure to the theme of rising global demand for environmentally-friendly buildings. With buildings responsible for up to 38% of energy-related carbon emissions globally and 50% of all extracted materials, green buildings are key to reducing building-related emissions and improving urban resiliency in the face of climate change.
Alternative Investments/Real Estate: First Trust Launches Disruptive Technology Real Estate ETF In Europe
The First Trust Alerian Disruptive Technology Real Estate UCITS ETF, a new launch from First Trust, offers investors exposure to unconventional, digital-related real estate plays around themes including cloud computing (through exposure to data centers), 5G connectivity (telecommunication tower sites), and e-commerce logistics (specialized buildings and warehouses).
Deepki, a French startup, offers a SaaS platform that helps real estate investors, owners and managers improve the ESG performance of their real estate assets and in the process, enhance their value. Claimed to be the only such ESG intelligence company in the world with a focus on real estate, Deepki collected €150 million in a Series C round of funding that was co-led by One Peak and Highland Europe, two London-based VC firms specializing in European investments. Bpifrance, Revaia, Hi Inov and Statkraft Ventures also participated in the funding.
Alternative Investments/ESG: BNP Paribas Launches ETFs Targeting Hydrogen And Sustainable Real Estate
BNP Paribas Asset Management has launched ESG-filtered thematic ETFs targeting real estate and the hydrogen economy. The BNP Paribas Easy ECPI Global ESG Hydrogen Economy UCITS ETF (HYDRO FP) provides thematic equity exposure to companies involved in hydrogen economy. Meanwhile, the BNP Paribas Easy FTSE EPRA/NAREIT Global Developed Green CTB UCITS ETF (GRCTB FP) offers exposure to developed market REITS and real estate companies while tilting towards the most environmentally friendly securities.
Alternative Investments/Real Estate: Palladius Launches Real Estate Fund On The RealtyMogul Platform
Real estate investment manager Palladius Capital Management has launched the Palladius Real Estate Fund I on real estate technology platform RealtyMogul. The private real estate investment fund is targeting a fund raise of $100 million to deploy in multifamily and student housing assets across the country, expecting to generate an internal rate of return of 17.5% over a four- to six- year hold period.
An iconic property in Bel Air, Los Angeles, designed by internationally acclaimed English architect John Pawson changed hands last month for $133 million and the buyer was Coinbase (NASDAQ: COIN) CEO and co-founder Brian Armstrong. The seller: a corporate entity linked to Japanese entrepreneur Hideki Tomita.
Natura City, a new housing project located in an exclusive locality of Santa Marta, is available to buyers looking to make payments for real estate in bitcoin. The project is being marketed by Colombian real estate platform La Haus, and one of the selling points is the facility of making payment using bitcoin.
Global digital asset savings and credit platform Ledn announced a $70 million Series B funding round led by 10T Holdings and joined by new investors Golden Tree Asset Management, Raptor Group and FJ Labs. The company also announced its new bitcoin-backed mortgage product, the first product of its kind that will enable Ledn clients to use their bitcoin (BTC) holdings to purchase a property while continuing to benefit from potential price appreciation of both assets.
Singapore’s United Overseas Bank ( UOB ) Asset Management has launched the UOB APAC Green REIT ETF (GRE SP), which has been listed on Singapore Exchange and provides ESG-tilted exposure to high-yielding real estate investment trusts (REITs) listed in Asia Pacific and Oceania. The fund is said to be the first of its kind in the world that brings investors access to sustainable investments in real estate in the region.
In a sign of the times, Magnum Real Estate Group is offering a set of retail condos worth $29 million for payment against bitcoin only, a first for commercial property in the Big Apple. The condos, covering 9,000 square feet, are in a newly constructed luxury residential building with the bottom floor already leased fully to ProHealth, Mighty Pita and M&T Bank. The proposed sale shows the growing adoption of cryptocurrencies, fanning out from coffee and cars and into condos.
The fund manager launches a trio of new ETFs aimed at disruptive investing; one of them is themed on sustainable real estate and infrastructure. Goldman Sachs Asset Management (GSAM) launched this week the Goldman Sachs Future Consumer Equity ETF (NYSEARCA: GBUY), the Goldman Sachs Future Health Care Equity ETF (NYSEARCA: GDOC) and the Goldman Sachs…
Avantis Investors has launched Avantis Real Estate ETF (NYSEARCA: AVRE), an actively managed real estate ETF that provides exposure to real estate securities focused on income derived from real estate investments and structured in a similar way as real estate investment trusts (REITs).
ETF issuer and investment advisor Hoya Capital Real Estate announced the launch of the Hoya Capital High Dividend Yield ETF, which invests in 100 of the highest dividend-yielding real estate securities in the United States.
The ETFs offer leveraged bets on Canadian REITs, both long and short. Horizons ETF Management Canada Inc launched last week the BetaPro Equal Weight Canadian REIT 2x Daily Bull ETF (TSE: HREU) and the BetaPro Equal Weight Canadian REIT -2x Daily Bear ETF (TSE: HRED), which offer two times (200%) the daily move on a…
HomeLight, a real estate technology platform that makes it easy to buy or sell a home by partnering with the right agent, raised a $100 million Series D capital round and $263 million in debt financing. The equity round valued the proptech at $1.6 billion, was led by existing investor Zeev Ventures and included participation from Group 11, Stereo Capital, Menlo Ventures and Lydia Jett of the SoftBank Vision Fund.
Alternative Investments/Real Estate: As Low Interest Rates Bite, UK Investors Tilt Towards Alternatives
An independent survey of 889 UK investors commissioned by NexGen Cloud found that over 40% are likely to consider alternative investments such as real estate, cryptocurrencies and collectibles in the present low-interest rate environment.
ETFMG, the fund manager specializing in thematic ETFs, has filed with the SEC to launch the ETFMG Housing Market ETF. The proposed ETF straddles the worlds of real estate and technology, or “proptech,” a sector that is garnering intense interest from venture firms, particularly after the pandemic.
Landis, which helps more American renters acquire homes and democratizes homeownership, announced Tuesday its $165 million Series A round led by Sequoia Capital. Also participating were Signia Venture Partners, Will Smith’s Dreamers VC, and Jay-Z’s Roc Nation. Other investors included founders of fintechs Plaid, Cash App, and Ethos. The founders of Instacart, Front, Flatiron Health, and Tango also participated in the funding round.
Utah-based Entrata, the fastest-growing software company in real estate and a provider of property management software to more than 20,000 apartment communities across the United States, announced today (July 7, 2021) its first institutional fundraise of $507 million. This is the startup’s first institutional funding since its founding in 2003.
Janus Henderson Group plc (NYSE: JHG) announced Wednesday the launch of its Janus Henderson U.S. Real Estate ETF (NYSEARCA: JRE) that focuses on real estate opportunities in the U.S. and in Canada. The actively managed fund will target real estate securities driving the future of the sector, which may include cell towers, data centers, gaming REITs, cold storage and more, without bias toward style, property type or market cap.
RET Ventures announced Tuesday the final close of its second fund, RET Ventures Fund II, at $165 million. The fund received “extremely strong” interest and exceeded its initial target of $130 million. The investors in the fund were a group of real estate “strategic” investors focused on real estate technology for rental properties.
A booming housing market plus the digitization spurred by the pandemic have added up to land Sao-Paulo-based real estate marketplace Loft in a happy place. The three-year-old startup grew its business 28X in 2020 compared to the previous year, yet still has money left over from its last Series C raise of $175 million in January 2020. Nevertheless, Loft announced today its raise of $425 million at a whopping $2.2 billion valuation.
SS&C ALPS Advisors have launched an actively managed, semi-transparent ETF that focuses on the U.S. REIT securities market. The ALPS Active REIT ETF (REIT) will trade on the NASDAQ.
The events of 2021 forced us all to reconsider what the “essentials” in our lives are: Health professionals, our family, our health, home, friends, and a good internet connection. The third annual Global Alternatives Outlook by J.P. Morgan Asset Management recommends you add another item to that list of essentials – alternative investments.