Ikea plans $2.2bn US investment in next three years
Ingka Group, the largest Ikea retailer, has announced an investment of more than €2 billion ($2.2bn) in its omnichannel growth strategy in the United...
Empira buys development site in Miami’s Brickell area
Switzerland-based institutional real estate investment firm Empira Group has acquired the 901 SW 3rd Avenue development site, formerly known as Empire Brickell, in Miami’s...
Ennismore, Cain enter partnership for Delano
Cain International, the privately held investment firm, and Ennismore, the lifestyle hospitality company and joint venture with Accor, which holds a majority shareholding, have...
Barings raises $680m for inaugural value-add office fund
Barings has announced the close of its inaugural value-add office fund, Barings Innovation and Growth Real Estate Fund (BIG) and associated vehicles, at $680...
CBRE hires new CIO
CBRE has hired senior investment banker Croft Young as its new Chief Investment Officer (CIO). Young will join the company in July from Morgan Stanley,...
Blackstone raises $30.4bn for latest global real estate fund
Blackstone has announced the final close of its latest global real estate fund, Blackstone Real Estate Partners X (BREP X), with $30.4 billion of...
AXA IM Alts sells data centre platform to Brookfield
AXA IM Alts has agreed to sell, on behalf of clients, Data4, a data centre platform in Europe, to Brookfield Infrastructure. This investment marks Brookfield’s...
Blackstone to acquire Industrials REIT for £700m
US private equity giant Blackstone has agreed to acquire UK-listed commercial property company Industrials REIT for £700 million. Industrials REIT and Blackstone, following a period...
LCN Capital acquires retail property portfolio in Portugal
Private real estate investment firm LCN Capital Partners (LCN), headquartered in New York City, has agreed to acquire 49 retail real estate assets in Portugal. The company...
CIM Group enters European private real estate credit market
US-based real estate company CIM Group is expanding its $10 billion Real Estate Debt Solutions platform to Europe. The company's credit platform plans to invest...