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Global real estate: Logistics centres reach a new milestone

Global real estate: Logistics centres reach a new milestone In February, Legal & General Investment Management (LGIM) invested more than £100 million (€117 million) in UK industrial real estate sites, citing investors’ enthusiasm for the sector as a result of Covid-19. The firm is one of many worldwide seeking to increase exposure to industrial and logistics properties – a trend galvanised by the accelerated shift towards online retail during government-ordered lockdowns to combat the pandemic. According to LGIM, the rise of e-commerce and a scarcity of “high-quality, well-located” industrial assets has created a significant supply-demand imbalance. The main issue facing the logistics and industrial sector, aside from climate change, is this lack of assets, says Jonathan Holland, senior fund manager at LGIM Real Assets.

Lennar (NYSE: LEN), Centerbridge, Allianz launch single-family home rental business

Lennar (NYSE: LEN), Centerbridge, Allianz launch single-family home rental business
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Lennar Corp , Centerbridge, Allianz launch single-family home rental business

Lennar Corp , Centerbridge, Allianz launch single-family home rental business
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

Lennar to spin-off some non-core units, form a rental housing venture

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