Upcoming Investments

Months after its developer received final zoning approval from the city of Mesa, the former Fiesta Mall site is now formally in the hands of a single owner.Verde Investments, the real estate firm owned by billionaire Ernest Garcia II – the richest person in Arizona – in February completed the final land transaction for the 80-acre site, now dubbed Fiesta Redefined, where it intends to develop a sprawling mixed-use development complete with 4,000 new housing units, up to 1.85 million square feet of retail and commercial space and over 500,000...

Group 1 Commonwealth and July Cup winner Shaquille and exciting third-season sire Soldier's Call have been purchased by Yulong Investments to continue their stud careers at Dullingham Park.The ownership of the Newmarket stud farm has been the subject of much speculation, with both Yulong and Kia Joorabchian of Amo Racing said to be in talks to acquire it from Steve Parkin, but Yulong Investments on Friday made no mention of the sizeable property, only the two stallions.“We're absolutely thrilled to welcome Shaquille and Soldier’s Call into the Yulong fold,” said...

Atria Investments Inc cut its stake in shares of Agree Realty Co. (NYSE:ADC – Free Report) by 6.2% in the fourth quarter, HoldingsChannel reports. The fund owned 12,128 shares of the real estate investment trust’s stock after selling 800 shares during the period. Atria Investments Inc’s holdings in Agree Realty were worth $854,000 as of its most recent filing with the Securities and Exchange Commission. Other hedge funds also recently made changes to their positions in the company. Versant Capital Management Inc boosted its holdings in Agree Realty by 230.7%...

Steward Partners Investment Advisory LLC cut its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE – Free Report) by 23.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,374 shares of the real estate investment trust’s stock after selling 1,010 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Alexandria Real Estate Equities were worth $329,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors have also...

Thinking about pooling funds to invest in property?The Urban Developer is delighted to host an interactive webinar with three industry experts from across the legal, accounting and funding disciplines.Each presenter will unpack the essential information required for property developers and investors to collectively participate in real estate investment opportunities.Meet our three expertsSean McMahon—Partner, Hall and WilcoxMcMahon is a leading expert in property syndicates with more than 25 years of experience in funds management and corporate law. As co-lead of Hall & Wilcox’s investment funds team, he specialises in fund structuring, real...

Responsible investment, sometimes known as active ownership or stewardship, involves taking environmental, social and governance (ESG) issues into consideration when making investment decisions.“It’s about investing with the goal of achieving a financial return but also taking the environment, social and governance characteristics of the investment into account, and trying to achieve an outcome that is more aligned with people’s values,” says Ian Halstead, director of investment services at L&P Investment Services, a division of Cantor Fitzgerald Ireland.It’s done by institutional investors such as pension funds, as well as a growing...

Irvine-based Shopoff Realty Investments acquired the office and distribution center at 5600 Beach Blvd. in Buena Vista from Amway for $60 million. The nutritional supplement maker agreed to lease back the building while Shopoff advances plans to convert the site into a townhome development in partnership with Lennar Homes.Amway Corp. operates its headquarters at the site as part of a larger campus. The property along Beach Boulevard serves as the company’s Nutrilite brand’s teaching and training facility. The building sits on nearly 14 acres of land close to the Buena...

Transaction Highlights: PSP Investments to acquire significant minority stake of 7.51% in 407 ETR from CPP Investments CPP Investments and Ferrovial to concurrently enter into agreements to acquire an aggregate 6.76% stake in 407 ETR from AtkinsRéalis Transactions position 407 ETR for long-term performance amid increasing traffic demand TORONTO, March 13, 2025 /PRNewswire/ -- Public Sector Pension Investment Board (PSP Investments), one of Canada's largest pension investors, today announced that it has entered into agreements to acquire a strategic interest in 407 Express Toll Route (407 ETR), an all-electronic, barrier-free,...

Open this photo in gallery:The 407 toll highwayFred Lum/The Globe and MailPublic Sector Pension Investment Board is making its largest-ever investment in Canada with a multibillion-dollar deal to acquire a piece of Ontario’s 407 ETR toll road.In a series of transactions announced Thursday morning, Montreal-based engineering giant AtkinsRéalis Group Inc. ATRL-T said it was divesting its 6.76-per-cent stake in the toll road for nearly $2.8-billion. Spanish construction giant Ferrovial will buy most of that stake – 5.06 per cent – for $2.1-billion and Canada Pension Plan Investment Board will acquire...

‘We’re moving these 10- and 20-kVA models like we’ve never seen before. So that mix that we’ve been building and putting in place over the last couple of years is coming to fruition, and it feels like it’s at exactly the right time,” CyberPower Vice President of Marketing Tim Madsen tells CRN. As the data center spending boom rolls into 2025, CyberPower said sales of its largest modular three-phase UPS units to support those modernization efforts doubled last year, representing a massive win for its channel. Shakopee, Minn.-based CyberPower said...