Friday, February 28, 2020

NORTH AMERICA

Google announces $10 billion investment for 2020 in U.S

Sundar Pichai, CEO of Google and Alphabet announced that Google will invest more than $10 billion in offices and data centers across...

U.S commercial property prices continue to rise in January

U.S commercial property prices rose 7.0% y-o-y in January and gained 0.5% on the month, in line with recent increases, according...

Ocean West led group buys student housing property at UC Davis

An investment group led by Ocean West Capital Partners (Ocean West), Tiger Alternative Investors, Ltd., Korea Investment & Securities Co., Ltd. and...

Park Tower in Sacramento sold for $165.5m

KBS Assisted in the Acquisition of Park Tower in Sacramento, California; Class A Office Tower for $165.5 Million on Behalf of Prime...

San Francisco tops Milken Institute’s 2020 ranking of best-performing cities

Propelled by its capacity for innovation, unparalleled ecosystem, and exceptionally strong wage growth, the San Francisco metropolitan area was ranked first in...

biproxi buys commercial real estate listing site OfficeSpace.com

Commercial real estate platform biproxi announced that it has acquired OfficeSpace.com, a commercial real estate (CRE) data and listing website.

UNITED KINGDOM

Helical sells office campus in London for £41.58m

London-based property developer Helical plc has sold Power Road Studios, a multi-let office campus in Chiswick, London W4, to a private UK...

KanAm Grund Group buys office building in Dublin

KanAm Grund Group, an international real estate investment, consultancy and asset management company, has purchased One Upper Hatch Street, the fully let office...

Singapore’s CapitaLand buys business park in UK for £129m

CapitaLand, one of Asia’s largest diversified real estate groups, headquartered and listed in Singapore, has signed an agreement to acquire Arlington Business...

Goldman Sachs and Wellcome sell iQ Student Accommodation to Blackstone for £4.66bn

Goldman Sachs Merchant Banking Division (Goldman Sachs) and the Wellcome Trust (Wellcome) have agreed to sell iQ Student Accommodation (iQ) to Blackstone...

Commercial property sales in Scotland hit £3,37bn in 2019

The total value of commercial property sales in Scotland grew in 2019 for the third consecutive year. According to Scottish Property...

AXA IM – Real Assets acquires office building in Dublin’s financial centre

AXA Investment Managers - Real Assets (AXA IM - Real Assets) announced that it has exchanged on the acquisition of the La...

EUROPE

Skanska sells office building in Solna, Sweden for €310m

Skanska has sold an office building, Solna United, in Solna, Sweden, for SEK3.3 billion(app. €310 million) to a fund managed by DWS....

MOST POPULAR

ASIA PACIFIC

Commerz Real buys hotel in Kyoto, Japan for €200m

Commerz Real, a subsidiary of Commerzbank AG, has acquired a hotel, Onyado Nono in Kyoto, Japan for €200 million for its open-ended...

Singapore real estate market to remain resilient in 2020: CBRE

According to CBRE’s latest research report “Real Estate Market Outlook 2020 – Singapore”, the property market in Singapore is expected to remain...

SPH buys aged care portfolio in Canada for C$232.9m

Singapore Press Holdings Limited (SPH), through a wholly-owned subsidiary, has signed an agreement with affiliates of Columbia Pacific Advisors, LLC to acquire a...

Cromwell lodges development application for A$85m office building in Canberra

Cromwell Property Group (Cromwell), a real estate investment manager listed on the Australian Securities Exchange, has lodged an $85 million development application...

ARA, QuadReal JV acquire Grade A office project in Melbourne

A joint venture between ARA Asset Management Limited (ARA), a global real assets fund manager, and QuadReal Property Group (QuadReal), a global...

Hongkong Land acquires prime mixed-use site in Shanghai for US$4.4bn

Hongkong Land Holdings Ltd, a unit of the Jardine Matheson Group, announced that it has acquired a prime 23.1 hectare mixed-use site...

CRE FINANCE

Kimco Realty announces new $2bn revolving credit facility

Kimco Realty Corp. (NYSE:KIM) announced that it has closed on a new $2.0 billion unsecured revolving credit facility with commitments from 21...

CIT arranges $66m financing for acquisition of industrial properties

CIT Group's Real Estate Finance business, part of its Commercial Finance division, has arranged $66 million in financings on behalf of BKM Capital Partners, a real estate...

intu agrees extension of its revolving credit facility

intu, the owner and manager of prime shopping centres in the UK, has agreed terms for an amendment and extension of its...

3650 REIT originates $35m loan to complete Tacoma multifamily development

3650 REIT (“3650”), a nationwide commercial real estate lender originating and servicing portfolio loans for relationship borrowers, has originated a nearly $35...

Slate Retail REIT completes $858m debt refinancing

Slate Retail REIT (TSX: SRT.U) (TSX: SRT.UN) (the "REIT"), an owner and operator of U.S. grocery-anchored real estate, announced it has completed...

Octopus Real Estate provides £29.6m development loan for mixed-use site in London

Octopus Real Estate, part of Octopus Group and UK-based real estate lender and investor, has signed an agreement with Matching Green to...

REIT

CAREERS

ESR Australia announces management team appointments

ESR Australia announced a new management team appointments for New South Wales, Victoria and Queensland states. The company has appointed Scott Falvey...

LATEST ARTICLES

Commerz Real buys hotel in Kyoto, Japan for €200m

Commerz Real, a subsidiary of Commerzbank AG, has acquired a hotel, Onyado Nono in Kyoto, Japan for €200 million for its open-ended...

Google announces $10 billion investment for 2020 in U.S

Sundar Pichai, CEO of Google and Alphabet announced that Google will invest more than $10 billion in offices and data centers across...

Kimco Realty announces new $2bn revolving credit facility

Kimco Realty Corp. (NYSE:KIM) announced that it has closed on a new $2.0 billion unsecured revolving credit facility with commitments from 21...

U.S commercial property prices continue to rise in January

U.S commercial property prices rose 7.0% y-o-y in January and gained 0.5% on the month, in line with recent increases, according...

Ocean West led group buys student housing property at UC Davis

An investment group led by Ocean West Capital Partners (Ocean West), Tiger Alternative Investors, Ltd., Korea Investment & Securities Co., Ltd. and...

CIT arranges $66m financing for acquisition of industrial properties

CIT Group's Real Estate Finance business, part of its Commercial Finance division, has arranged $66 million in financings on behalf of BKM Capital Partners, a real estate...

Helical sells office campus in London for £41.58m

London-based property developer Helical plc has sold Power Road Studios, a multi-let office campus in Chiswick, London W4, to a private UK...

KanAm Grund Group buys office building in Dublin

KanAm Grund Group, an international real estate investment, consultancy and asset management company, has purchased One Upper Hatch Street, the fully let office...

Singapore real estate market to remain resilient in 2020: CBRE

According to CBRE’s latest research report “Real Estate Market Outlook 2020 – Singapore”, the property market in Singapore is expected to remain...

Singapore’s CapitaLand buys business park in UK for £129m

CapitaLand, one of Asia’s largest diversified real estate groups, headquartered and listed in Singapore, has signed an agreement to acquire Arlington Business...