Wednesday, November 20, 2019

NORTH AMERICA

U.S commercial real estate market to continue to grow in 2020, says CBRE

The U.S. economy will continue its long expansion in 2020, supporting the solid fundamentals of the commercial real estate market, according to CBRE’s...

Lineage Logistics to acquire Emergent Cold

Michigan-based temperature-controlled logistics company Lineage Logistics has signed definitive agreements to acquire Emergent Cold, the international cold chain logistics provider. Financial terms...

Amazon to open second fulfillment center in Mississippi

Amazon.com plans to open its second Mississippi fulfillment center, located in DeSoto County. The new facility is expected to create 500 new, full-time jobs in the...

Blackstone completes $4.25bn acquisition of Bellagio

Blackstone Real Estate Income Trust and MGM Resorts International announced the closing of the previously announced 95%/5% BREIT-led joint venture with MGM...

Facebook signs lease for office space in New York City’s Hudson Yards

Facebook has signed a lease for more than 1.5 million square feet of office space across 30 floors and three buildings in...

USAA to sell controlling interest in real estate investment arm

The United Services Automobile Association (USAA), a financial services provider for U.S military community and their families, headquartered in San Antonio, Texas, announced...

UNITED KINGDOM

Hammerson sells St Oswald’s Retail Park for £54m in Gloucester

Hammerson plc has sold St Oswald’s Retail Park in Gloucester, to a local authority for £54 million. The sale price reflects a...

Park Hotels announces sale of Conrad Dublin

Park Hotels & Resorts and its joint venture partners have closed on the sale of their interests in the company that owns...

Tristan Fund buys prime development site in Bristol, UK

Tristan Capital Partners’ real estate fund, EPISO 5, has acquired a prime 1.3-acre freehold site in Bristol city centre, known as 4...

Unite Group gets CMA approval for £1.4bn Liberty Living acquisition

UK Competition and Markets Authority(CMA) has approved The Unite Group's acquisition of Liberty Living for £1.4 billion from Liberty Living Holdings Inc.('CPPIB Holdco'), a wholly...

Apollo signs pre-let at Derwent London’s 1 Soho Place

Derwent London has pre-let a further three floors of 1 Soho Place W1 to Apollo Management International, LLP, an affiliate of Apollo...

Mothercare to appoint administrators for UK business

Baby goods retailer Mothercare has filed a notice of intent to appoint administrators to the company's active trading subsidiary, Mothercare UK and Mothercare...

EUROPE

Private hospital in Nantes sold for €194m

Icade Santé has signed an agreement with private hospital group Vivalto Santé to acquire the Confluent Group (Nouvelles Cliniques Nantaises), which owns...

MOST POPULAR

ASIA PACIFIC

LaSalle launches Japan real estate fund

LaSalle Investment Management (“LaSalle”) has launched LaSalle Japan Property Fund, a private open-ended core real estate fund. The Fund...

Australia’s Stockland installs Amazon Locker in its retail centres

Stockland, a diversified Australian property group and the Australian Stock Exchange listed company, has partnered with tech giant Amazon, as the first Australian property...

CBRE GI buys office property in North Sydney for A$350m

CBRE Global Investors has acquired 118 Mount Street, a 21,012-square-meter trophy office development in North Sydney for A$350m ($239m), via a fund-through...

IHG to open three hotels in New Caledonia

InterContinental Hotels Group (IHG) will make a grand entrance into New Caledonia with the signing of three hotels that will open between 2021...

Grade-A office property in Perth sold for A$79M

EG, Sydney-based real estate fund manager with over A$2.4 billion assets under management, has acquired 2 Mill Street, a Grade-A office property in...

Stockland launches largest industrial project in Melbourne

Stockland, a diversified Australian property group and Australian Stock Exchange listed company,  has launched the first stage of Melbourne Business Park, the A$2...

CRE FINANCE

CMBS market plays significant role in U.S CRE Finance industry, says MBA

The Mortgage Bankers Association (MBA) has released a new white paper, Role of CMBS in the Financing of Commercial and Multifamily Real Estate...

U.S commercial real estate lending activity remains positive in Q3

Commercial real estate lending activity remains positive after the Federal Reserve took steps to calm financial markets’ growing concerns over sluggish global...

Cromwell European REIT secures €625m facility for debt refinancing

Real estate investor and manager Cromwell Property Group has assisted Cromwell EREIT Management to raise and conduct a €625 million unsecured debt...

Chatham Financial buys London-based JCRA Group

Chatham Financial has acquired London based-JCRA Group to expand the firm’s presence in Europe. Chatham and JCRA specialize in...

U.S commercial, multifamily mortgage originations up 24% in Q3

U.S commercial and multifamily mortgage loan originations increased by 24 percent year-over-year in the third quarter, and up 9 percent from second...

Japanese firm buys US commercial real estate lender

Tokyo-based financial services firm ORIX Corporation announced that its group company in the U.S., ORIX Corporation USA (OCU), has signed an agreement...

REIT

Hansteen buys UK industrial estate portfolio for £12m

0
Hansteen Holdings, an industrial property REIT that invests in properties across the UK, has purchased a portfolio of seven multi‐let, urban industrial...

CAREERS

Christopher Tang to retire as CEO of Frasers Property Singapore

0
Christopher Tang, Frasers Property Singapore Chief Executive Officer (CEO) will retire as CEO on 31 December 2019. From...

LATEST ARTICLES

LaSalle launches Japan real estate fund

LaSalle Investment Management (“LaSalle”) has launched LaSalle Japan Property Fund, a private open-ended core real estate fund. The Fund...

U.S commercial real estate market to continue to grow in 2020, says CBRE

The U.S. economy will continue its long expansion in 2020, supporting the solid fundamentals of the commercial real estate market, according to CBRE’s...

Hansteen buys UK industrial estate portfolio for £12m

Hansteen Holdings, an industrial property REIT that invests in properties across the UK, has purchased a portfolio of seven multi‐let, urban industrial...

Australia’s Stockland installs Amazon Locker in its retail centres

Stockland, a diversified Australian property group and the Australian Stock Exchange listed company, has partnered with tech giant Amazon, as the first Australian property...

Lineage Logistics to acquire Emergent Cold

Michigan-based temperature-controlled logistics company Lineage Logistics has signed definitive agreements to acquire Emergent Cold, the international cold chain logistics provider. Financial terms...

CBRE GI buys office property in North Sydney for A$350m

CBRE Global Investors has acquired 118 Mount Street, a 21,012-square-meter trophy office development in North Sydney for A$350m ($239m), via a fund-through...

CMBS market plays significant role in U.S CRE Finance industry, says MBA

The Mortgage Bankers Association (MBA) has released a new white paper, Role of CMBS in the Financing of Commercial and Multifamily Real Estate...

Safehold signs agreement to originate new $180m ground lease in NYC

Safehold Inc., a publicly traded REIT, announced it has entered into a definitive agreement with an institutional investment manager to create a...

Private hospital in Nantes sold for €194m

Icade Santé has signed an agreement with private hospital group Vivalto Santé to acquire the Confluent Group (Nouvelles Cliniques Nantaises), which owns...

Sale and leaseback transactions increase in European retail investments

Sale and leaseback (SLB) transactions across Europe accounted for 11.1% of total retail investment volumes in the first three quarters of 2019,...