Wednesday, December 8, 2021

NORTH AMERICA

City Office REIT buys property in downtown Phoenix for $150m

City Office REIT has acquired Block 23, a premier office building in downtown Phoenix, Arizona, for $150 million. The 307,000 square foot property is an...

JLL Income Property Trust buys four-building industrial portfolio for $95m

JLL Income Property Trust has acquired Friendship Distribution Center, a newly constructed, four-building industrial portfolio totaling nearly 650,000 square feet, for $95 million. The...

UNITED KINGDOM

Edmond de Rothschild REIM makes first investment in Scotland

Edmond de Rothschild Real Estate Investment Management (REIM) has made its first investment in Scotland with the acquisition of a prime residential development site...

Derwent London announces appointments to executive committee

London-focused real estate investment trust Derwent London has announced three internal appointments to the group’s executive committee. Head of sustainability John Davies, head of asset...

EUROPE

ARA Europe completes acquisition of InfraRed’s European REIM business

ARA Europe, through its platform ARA Dunedin, has completed its acquisition of the European real estate investment management business of InfraRed Capital Partners. The...

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ASIA PACIFIC

Logos, Pure DC establish APAC hyperscale data center partnership

Asia Pacific logistics real estate developer Logos and Pure Data Centres (Pure DC), the global data centre developer and operator, have established a new partnership...

Charter Hall, GIC buy office building in Canberra, Australia for A$335m

Australian property group Charter Hall and Singapore’s sovereign wealth fund GIC have formed a joint venture to acquire the 50 Marcus Clarke office building in...

REIT

City Office REIT buys property in downtown Phoenix for $150m

City Office REIT has acquired Block 23, a premier office building in downtown Phoenix, Arizona, for $150 million. The 307,000 square foot property is an...

Derwent London announces appointments to executive committee

London-focused real estate investment trust Derwent London has announced three internal appointments to the group’s executive committee. Head of sustainability John Davies, head of asset...
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CRE FINANCE

Blackstone REIT secures $690m financing for industrial portfolio

Blackstone Real Estate Income Trust (BREIT) has secured a $690 million financing for a portfolio of 44 net-leased industrial, office and data center properties totaling 6.85...

CAREERS

Derwent London announces appointments to executive committee

London-focused real estate investment trust Derwent London has announced three internal appointments to the group’s executive committee. Head of sustainability John Davies, head of asset...
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