Friday, January 15, 2021

NORTH AMERICA

Digital Realty to relocate corporate HQ to Austin

Global data center company Digital Realty is relocating its corporate headquarters from San Francisco, California to Austin, Texas.  Digital Realty said that it will maintain a 'significant presence'...

Monmouth to explore strategic alternatives, rejects Blackwells offer

Monmouth Real Estate Investment Corporation, a real estate investment trust specializing in net leased industrial properties, has rejected Blackwells Capital LLC's takeover offer. Monmouth...

Prologis completes $25bn of investment activity in 2020

Global logistics real estate company Prologis, Inc. announced that it has completed $25 billion of investment activity on an owned and managed basis in 2020. ''From the...

Skanska to build 28-story office building in downtown Houston

Skanska announced that it has signed a 15-year lease with the international law firm Norton Rose Fulbright US LLP for its planned office tower...

Newmark names Richard Bertasi as CEO of Global Corporate Services

Newmark Group, Inc. has hired Richard Bertasi as Chief Executive Officer of its Global Corporate Services (GCS) business. Richard Bertasi has more than 25 years of experience...

American Tower buys Telxius Towers from Telefónica for $9.4bn

American Tower Corporation announced that it has entered into definitive agreements with Telefónica to acquire Telxius Towers, comprising approximately 31,000 existing communications sites in...

UNITED KINGDOM

GLP to start construction of 1 million sq ft logistics space in UK

GLP announced that it is starting construction of a 1 million sq ft of logistics space across seven units and four sites in Bedfordshire,...

Urban Logistics acquires site in Bromborough, Wirral for £16.3m

Urban Logistics, the UK logistics REIT, has acquired off-market a logistics site in Bromborough, Wirral for £16.3 million at a net initial yield (NIY)...

SEGRO collects 98% of rents in 2020

UK Real Estate Investment Trust (REIT) SEGRO continued its strong rent collection for the full year to 31 December 2020 and the first quarter...

Knight Frank: London office market saw £4.9bn transacted in Q4 2020

The London office market’s strong underlying fundamentals and pent up investor demand resulted in several deals closing in December, including Allianz £400m purchase of...

Patrizia to build £90m BTR scheme in Birmingham

Patrizia announced that it has started construction of a build-to-rent (BTR) scheme, The Residences, in the Edgbaston district of central Birmingham on behalf of one...

QuadReal invests $1bn in Realstar’s UK assets

Realstar Group announced that QuadReal Property Group has invested $1 billion to acquire a majority interest in eight of its UK assets, seven in...

EUROPE

Skanska sells office building in Prague to Deka for €77m

Skanska has sold Parkview office building located in Prague, Czech Republic, to Deka Immobilien for €77 million (about SEK 770m). The property comprises of...

MOST POPULAR

ASIA PACIFIC

KKR closes first Asia real estate fund at $1.7bn

KKR announced Wednesday that it has closed its first Asia real estate fund, KKR Asia Real Estate Partners (AREP) focused on opportunistic real estate investments...

Ivanhoé Cambridge, PAG form Japan logistics venture

Canadian real estate company Ivanhoé Cambridge and PAG, Hong Kong-based alternative investment firm, has formed a new Japan logistics venture with a capacity to...

Asia Pacific CRE investment activity gradually improves in H2 2020

Asia Pacific commercial real estate (CRE) investment volume rose by 44% q-o-q to US$26 billion in Q3 2020, with the October-December quarter also expected...

DCI to develop data centre in Sydney

DCI Data Centers, a fully owned portfolio company of Brookfield Asset Management, has secured development approval from Blacktown City Council for a new 36-megawatt...

KKR closes Asia Pasific infrastructure fund at $3.9bn

Global investment firm KKR has announced the final close of KKR Asia Pacific Infrastructure Investors SCSp, a US$3.9 billion fund focused on infrastructure-related investments across Asia Pacific. KKR...

Marriott announces world’s largest hotel-branded residential project

Marriott International has signed an agreement with Vietnam-based real estate firm Masterise Homes to develop a dual-branded residential and officetel project in Ho Chi Minh...

REIT

Monmouth to explore strategic alternatives, rejects Blackwells offer

Monmouth Real Estate Investment Corporation, a real estate investment trust specializing in net leased industrial properties, has rejected Blackwells Capital LLC's takeover offer. Monmouth...

Prologis completes $25bn of investment activity in 2020

Global logistics real estate company Prologis, Inc. announced that it has completed $25 billion of investment activity on an owned and managed basis in 2020. ''From the...

Urban Logistics acquires site in Bromborough, Wirral for £16.3m

Urban Logistics, the UK logistics REIT, has acquired off-market a logistics site in Bromborough, Wirral for £16.3 million at a net initial yield (NIY)...

SEGRO collects 98% of rents in 2020

UK Real Estate Investment Trust (REIT) SEGRO continued its strong rent collection for the full year to 31 December 2020 and the first quarter...

American Tower buys Telxius Towers from Telefónica for $9.4bn

American Tower Corporation announced that it has entered into definitive agreements with Telefónica to acquire Telxius Towers, comprising approximately 31,000 existing communications sites in...

InterRent, Crestpoint acquire portfolio in Metro Vancouver for $292.5m

InterRent Real Estate Investment Trust, a Canadian real estate investment trust and together with Crestpoint Real Estate Investments have entered into agreements to acquire...

CRE FINANCE

CAREERS

Newmark names Richard Bertasi as CEO of Global Corporate Services

Newmark Group, Inc. has hired Richard Bertasi as Chief Executive Officer of its Global Corporate Services (GCS) business. Richard Bertasi has more than 25 years of experience...

LATEST ARTICLES

Digital Realty to relocate corporate HQ to Austin

Global data center company Digital Realty is relocating its corporate headquarters from San Francisco, California to Austin, Texas.  Digital Realty said that it will maintain a 'significant presence'...

Monmouth to explore strategic alternatives, rejects Blackwells offer

Monmouth Real Estate Investment Corporation, a real estate investment trust specializing in net leased industrial properties, has rejected Blackwells Capital LLC's takeover offer. Monmouth...

Prologis completes $25bn of investment activity in 2020

Global logistics real estate company Prologis, Inc. announced that it has completed $25 billion of investment activity on an owned and managed basis in 2020. ''From the...

Skanska sells office building in Prague to Deka for €77m

Skanska has sold Parkview office building located in Prague, Czech Republic, to Deka Immobilien for €77 million (about SEK 770m). The property comprises of...

GLP to start construction of 1 million sq ft logistics space in UK

GLP announced that it is starting construction of a 1 million sq ft of logistics space across seven units and four sites in Bedfordshire,...

Urban Logistics acquires site in Bromborough, Wirral for £16.3m

Urban Logistics, the UK logistics REIT, has acquired off-market a logistics site in Bromborough, Wirral for £16.3 million at a net initial yield (NIY)...

SEGRO collects 98% of rents in 2020

UK Real Estate Investment Trust (REIT) SEGRO continued its strong rent collection for the full year to 31 December 2020 and the first quarter...

GLP raises €1.6bn for pan-European logistics fund

GLP has raised an additional €500 million for its pan-European logistics fund, GLP Europe Income Partners II (GLP EIP II), following its first closing...

Skanska to build 28-story office building in downtown Houston

Skanska announced that it has signed a 15-year lease with the international law firm Norton Rose Fulbright US LLP for its planned office tower...

Newmark names Richard Bertasi as CEO of Global Corporate Services

Newmark Group, Inc. has hired Richard Bertasi as Chief Executive Officer of its Global Corporate Services (GCS) business. Richard Bertasi has more than 25 years of experience...