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Here are 10 of our most read commercial real estate (CRE) industry news stories of 2021.
Irvine Company chairman Donald Bren is the richest real estate baron in the United States with an estimated net worth of $15.3 billion.
Cushman & Wakefield, the real estate brokerage firm, will no longer do business with The Trump Organization.
APAC focused logistics real estate platform ESR Cayman Limited has agreed to acquire 100% of the share capital of ARA Asset Management for US$5.2 billion.
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.
WeWork Inc. has completed its business combination with BowX Acquisition Corp., a special purpose acquisition company(SPAC), to become a publicly traded flexible space provider.
KKR has agreed to sell a 14.5 million square foot infill and light industrial portfolio to global real estate investor Oxford Properties (Oxford) for $2.2 billion.
Oxford Properties Group and J.P. Morgan Global Alternatives have sold One Memorial Drive, a 409,422 square foot Class A office building in Cambridge, Massachusetts, for US$825.1 million.
Amazon 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.
Blackstone Real Estate Partners VII L.P. (BREP) has agreed to sell The Cosmopolitan of Las Vegas for $5.65 billion.
Bill Gates’ Cascade Investment, L.L.C. is acquiring a controlling interest in Four Seasons Hotels and Resorts.
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