NORTH AMERICA

KBS sells industrial property in Austin

KBS has sold SouthPark Commerce Center, a four-building, 100% leased, 372,763-square-foot Class A industrial/flex park in Austin, Texas, to BentallGreenOak on behalf of an institutional investor. “Austin...

JV breaks ground on 1.1 msf logistics facility in Riverside County, California

A joint venture between The Newport Beach Business Unit of Trammell Crow Company (TCC) and Clarion Partners LLC. has started construction on Knox Logistics...

UNITED KINGDOM

Madison International Realty buys stake in London skyscraper

Real estate private equity firm Madison International Realty has acquired a minority stake in the Salesforce Tower, London EC2, through a Jersey Property Unit...

Amazon fulfilment centre in Bardon sells for £161m

BNP Paribas Real Estate Investment Management (BNP Paribas REIM) has sold Amazon fulfilment centre in Bardon to Savills Investment Management for €186.4m (£161m) on...

EUROPE

Schroder European REIT buys logistics property in Nantes

Schroder European Real Estate Investment Trust Plc has agreed to acquire a freehold logistics property in Nantes, western France, for €6.15 million, reflecting a net...

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ASIA PACIFIC

Hines to build Melbourne’s tallest timber office building

Hines will start construction on Melbourne’s tallest mass-engineered timber office building in Q3 2021. Located just 2 kilometers from the CBD, 36 Wellington Street will...

GIC, Phoenix Mills to form JV for retail-led mixed-use assets in India

GIC, Singapore’s sovereign wealth fund, and India's retail led mixed-use developer The Phoenix Mills Ltd (PML) have entered into a strategic partnership to form...

REIT

Schroder European REIT buys logistics property in Nantes

Schroder European Real Estate Investment Trust Plc has agreed to acquire a freehold logistics property in Nantes, western France, for €6.15 million, reflecting a net...

JLL Income Property Trust secures $650m credit facility

JLL Income Property Trust has secured a $650 million credit facility with a syndicate of eight market-leading real estate lenders. The credit facility contains a $415 million revolving line...
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CRE FINANCE

JLL Income Property Trust secures $650m credit facility

JLL Income Property Trust has secured a $650 million credit facility with a syndicate of eight market-leading real estate lenders. The credit facility contains a $415 million revolving line...

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