Clarion Partners News

 

Published Date: 11/02/2021

The Opportunity Zone (“OZ”) program is a bipartisan public private partnership community development initiative established by the U.S. Tax Cuts and Jobs Act (TCJA) in 2017 that provides tax benefits for investors and encourages longterm private sector investments in America’s underserved communities. The program presents both a catalyst for economic development and sizable commercial real estate investment opportunity.

Published Date: 10/28/2021

The recent surge in construction costs is having a significant impact on commercial real estate development and renovations. Amidst rising replacement costs, Clarion Partners believes that owners and developers will have a greater ability to maintain and increase rents given the shortage of institutional-quality property in high-demand markets and sectors, in particular, multifamily, industrial, and life sciences. This may also boost asset appreciation and investment returns on new construction and existing assets going forward.

Published Date: 10/26/2021

Karen Mahrous has joined Clarion Partners as a Senior Vice President and Head of ESG. Karen will work with cross-functional teams throughout the organization to develop a formal framework to implement the Firm’s recently announced commitment to the Urban Land Institute’s Net Zero by 2050 Greenprint program and strengthen Clarion’s alignment with the United Nations Sustainable Development Goals (SDG’s).

Published Date: 10/08/2021

Clarion Partners Real Estate Income Fund Inc. (CPREIF) has strategically expanded its property portfolio with three diversifying acquisitions: a multifamily property in Charlotte, N.C.; an industrial property in North Las Vegas, NV; and a multi-use property in a high-traffic area of downtown Austin, TX.

Published Date: 10/07/2021

Clarion Partners has developed a prototype for the certification of new development projects under the U.S. Green Building Council’s (USGBC) LEED v4 for Warehouse and Distribution Centers Volume Program. Clarion has more than 7 million square feet of new industrial development underway or soon to begin that is expected to achieve LEED certification over the next 6 to 18 months.

Published Date: 09/30/2021

After lying dormant for nearly a decade, inflation resurfaced with a vengeance in 2021, fueled by pandemic-induced shortages in goods and labor. CPI inflation rose 5.4% year over year in June, the highest level since 1991. Concerns exist about whether the recent surge may persist, but it has already refocused attention among investors on how well their portfolios may be positioned for a rising-price environment. For investors focused on income, the key question is how well yields and distributions will hold up as economic recovery continues to evolve.

Published Date: 08/30/2021

Throughout 2020, while much of the world was on hold due to the ongoing COVID-19 pandemic, Clarion Partners continued to make steady progress on our environmental, social, and governance (ESG) goals and deepen our commitment to responsible investment.

Published Date: 08/12/2021

Clarion Partners and Taconic Partners celebrated the completion of a noteworthy solar power project at their flagship Quality Communities property, Eastchester Heights, in the Bronx, one of the largest residential communities in the Bronx, and in greater New York City.

Published Date: 07/12/2021

After a brief downturn during the COVID-19 recession in 2020, multifamily fundamentals showed clear signs of recovery starting late 2020, strengthening into and through 2021 so far. Clarion Partners believes that post-COVID job growth will be a strong driver of continued apartment demand growth.

Published Date: 06/01/2021

Clarion Partners Real Estate Income Fund Inc. (CPREIF), in partnership with Blackfin Real Estate Investors, has acquired Mosaic at Largo Station, a four-story, 242-unit, mid-rise multifamily community located in the Washington, D.C. metro area.

Published Date: 05/10/2021

Clarion is pleased to welcome Reza Basharzad as a Managing Director and senior account executive within the Client Capital Management group. In this role, Reza will be responsible for managing relationships with Clarion’s existing clients throughout the western portion of the U.S.

Published Date: 03/25/2021

Read Clarion's latest ESG news: 2020 Energy Star Performance, Gables Residential's latest awards, holiday charitable activities and more!

Published Date: 03/01/2021

Clarion Partners Europe has acquired a portfolio comprising three Spanish logistics properties located near Madrid and Zaragoza, totalling 51,000 sqm. The acquisition furthers Clarion Partners Europe’s footprint in Spain which now totals 350,000 sqm comprising 17 assets.

Published Date: 02/10/2021

Clarion Partners Europe has agreed to forward fund a Grade-A, 74,245 sqm logistics warehouse warehouse in Boisseaux, south of Paris, for €46.6 million. Construction is due to commence February 2021 and is expected to complete in Q4 2021.

Published Date: 01/08/2021

Clarion Partners believes that the future expansion of global logistics real estate will be especially robust in Europe.

Published Date: 12/09/2020

Read Clarion's latest ESG news: 2020 UNPRI Performance, new Green Lease Leader status, Gables Residential's DC LEED Homes Power Builder achievement and more!

Published Date: 11/30/2020

In recent years, purpose-built commercial space for life sciences research and development (R&D) has been an outperforming alternative property type more frequently pursued by real estate investors. Clarion Partners believes life sciences industry clusters are creating more prosperous U.S. cities, while occupancy and rent growth trends have been robust for property owners.

Published Date: 11/12/2020

Clarion Partners Europe has acquired a Spanish portfolio comprising five institutional grade logistics properties, totalling 132,348 sqm in the densely developed logistics markets outside of Barcelona and Seville. The acquisition nearly doubles Clarion Partners Europe’s footprint in Spain.

Published Date: 10/01/2020

Bouwinvest Real Estate Investors and a second institutional real estate investor have entered into a strategic venture with Clarion Partners Europe to invest €300 million in strategically located, core plus, value-add and build-to-core logistics opportunities across Europe.

Published Date: 09/09/2020

The build-to-suit Illescas Yeles property, which was completed earlier this year, is leased to Mediapost Spain, part of La Poste group, one of the largest postal and courier companies in Europe, on a 7-year double net lease. It features 10.8 metre clear heights, 5T/ sqm floor loading capacity, along with 153 car parking spaces.

Published Date: 09/03/2020

Over the past decade, U.S. East Coast ports have gained considerable market share of container trade volume due to several structural factors, including last-mile delivery in densely populated urban areas, the widened Panama Canal, and trade tensions between the U.S. and China. Benefiting from this shift, many East Coast industrial markets have shown attractive investment performance in recent years.

Published Date: 08/04/2020

Clarion has a long-standing tradition of responsible investing. And while there is always more work to do, we are proud of our efforts to further integrate ESG into all aspects of our business to the benefit of our clients, tenants, employees and the environment. Read our latest ESG Report to learn how we're approaching ESG across our portfolio.

Published Date: 06/17/2020

This paper providates data to support our believe that pre-COVID fundamentals, combined with preliminary impacts of the pandemic, may lead to big shifts in ODCE weightings.

Published Date: 06/09/2020

The Institute for Market Transformation (IMT) and the U.S. Department of Energy’s (DOE) Better Buildings Alliance has announced Clarion Partners as a GOLD-level 2020 Green Lease Leader. In addition, Clarion was recently named a Fitwel Champion by the Center for Active Design.

Published Date: 05/20/2020

Clarion Gramercy announced today that Picnic, one of Europe’s fastest growing online supermarkets, has leased 17,000 sq m at its recently completed prime warehouse development on the Lage Weide logistics park in Utrecht, the Netherlands.

Published Date: 04/15/2020

Much of live-work-play occurs beyond the central business districts (CBDs) and downtowns of the biggest U.S. cities, and thus high-performing, mixed-use commercial real estate is now located beyond the CBD. Read about Clarion’s views on this trend in our latest whitepaper.

Published Date: 04/13/2020

Read Clarion's latest ESG news: Adoption of six Sustainable Development Goals (SDGs), Green building awards and certifications and Earth Day pointers.

Published Date: 03/03/2020

Clarion Gramercy has agreed to forward fund two Grade-A warehouses and acquire an 18,857 sqm warehouse, taking CG’s investment in France since the start of 2018 to over €350 million. The latest properties are located in the strategic logistics markets of Gevrey-Chambertin, Brébières and Reau.

Published Date: 02/25/2020

Kingfield, joint venture between a commingled fund managed by Clarion Partners and Sun Homes, has been recognized with two NAHB Best in American Living awards for 2019.

Published Date: 11/11/2019

U.S. commercial building costs have risen 30% over the past decade and average replacement costs are now also well above existing asset values. The positive outcome for CRE investors is that high costs are holding back new construction and limiting over-supply risk, which is driving appreciation and rent growth of existing assets.

Published Date: 11/01/2019

In Q4, 2019 IREI's Jonathan Schein conducted this in-depth interview with Clarion Partners CEO/CIO David Gilbert and Clarion Gramercy CEO Alistair Calvert about the new relationship between the firms, the outlook for logistics growth in the U.S. and Europe, and much more.

Published Date: 10/07/2019

Some of Greenpoints highlights. 9/ 11 Day of Service, 2019 Sustainability Reporting Results. Read the press release as Paula Schaefer was Honored as Woman of the year by New York Women Executives in Real Estate (WX).

Published Date: 09/17/2019

Totalling 78,523 sqm, Gramercy has acquired a portfolio of three logistics facilities from a private vendor for an undisclosed purchase price, which comprises; two warehouses in Tilburg, leased to a Dutch 3PL and a garden furniture manufacturer; and one in Rotterdam, leased to a grocery retailer.

Published Date: 09/03/2019

The tech industry is rapidly transforming communities across the U.S. cities.

Published Date: 08/05/2019

Clarion Partners has released its 2018 Corporate Responsibility Report.

Published Date: 07/29/2019

Published Date: 05/31/2019

PERE Residential Report Interview: Multifamily has had the best risk-adjusted returns of all core real estate property sectors since 1990. Evans Anderson, Clarion Partners MD, and Gables Residential President and CEO Sue Ansel discuss the firm's conviction around this asset class through cycles, particularly in high-growth and high-demand neighborhoods.

Published Date: 05/10/2019

Clarion Partners recently closed two mezzanine debt investments totaling $146 million, both collateralized primarily by industrial assets. In aggregate, the loans span 83 properties and 25 million square feet of logistics space in strong industrial markets.

Published Date: 04/30/2019

The rapid growth in the U.S. Sun Belt has been an extraordinary boon to commercial real estate investors. The region, which stretches across eighteen states in the Southeast and Southwest, includes seven of the ten largest U.S. cities, and now holds about 50% of the national population. Over the past decade, the region accounted for 75% of total U.S. population growth.

Published Date: 04/09/2019

Clarion Partners, LLC and Gramercy Europe (Jersey) Limited are pleased to announce that Clarion has acquired a majority stake in Gramercy Europe. Gramercy Europe will become an operating business of Clarion and be rebranded as Clarion Gramercy, maintaining its offices in London, Berlin and Barcelona.

Published Date: 03/18/2019

Highlights of Clarion Partners ESG achievements over the past few months.

Published Date: 02/18/2019

Featured in PERE's 2019 Investing In Logistics & Distribution report, Clarion leaders speak to the factors driving the need for logistics real estate, and how today's logistics properties differ in location and design from their predecessors.

Published Date: 01/24/2019

The U.S. logistics industry is a rapidly growing economic force and is driving extraordinary demand for industrial warehouse property. The major supply chain drivers are all at record highs. Read the latest data on this booming sector in this report.