CRE Herald’s 10 most read real estate news stories in January

CRE Herald

CRE Herald’s 10 most read global commercial real estate (CRE) market news stories for the month.

Cushman & Wakefield cuts ties with Trump Organization

Cushman & Wakefield, the real estate brokerage firm, will no longer do business with The Trump Organization.

Houston’s tallest building renamed JPMorgan Chase & Co. Tower

600 Travis Street, an iconic office building in downtown Houston, will be renamed JPMorgan Chase & Co. Tower.

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 City, Vietnam. 

Castellum announces sale of Swedish asset portfolio to Blackstone

Swedish listed real estate company Castellum announced an increased share exchange and cash offer to Entra’s shareholders and the sale of a Swedish asset portfolio at a 20% premium to book value to Blackstone.

Lendlease, Aware Super acquire site in LA for $600m mixed-use project

A joint venture between Lendlease, an international property and investment group and Aware Super, an Australian superannuation fund, has acquired a 3.5-acre mixed-use development site at 3401 S. La Cienega Blvd in Los Angeles.

Realterm, J.P. Morgan acquire 1.75 msf logistics portfolio in US

Realterm and J.P. Morgan Asset Management have acquired a 1.75 million-square-foot, highly functional high flow-through (HFT) logistics portfolio in the United States.

Oxford Properties acquires M7 Real Estate

Global commercial real estate company Oxford Properties Group, headquarters in Toronto, has exchanged on the acquisition of M7 Real Estate, a pan-European investment and asset manager.

Manulife to join consortium for Hong Kong office tower investment

Real estate private equity firm Gaw Capital Partners-led consortium, including Schroder Pamfleet, BOC Life, Rafi Investments (Asia) and other partners, has completed the acquisition of Cityplaza One from Swire Pacific and Swire Properties.

Savills unveils 2021 predictions for UK property sector

According to Savills’ 2021 UK cross-sector forecasts, forestry is likely to see the highest investment returns over the next five years, delivering an annualised total return of 11.4%.

Amazon launches $2bn housing equity fund for affordable homes

Amazon said on Wednesday that it has launched the Housing Equity Fund, a more than $2 billion commitment to preserve and create over 20,000 affordable homes in Washington State’s Puget Sound region; Arlington, Virginia; and Nashville, Tennessee.

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