Here are ten of our most popular articles for the month.
Moderate growth expected for U.S commercial real estate in the coming years
U.S economy and real estate industry will continue to remain strong this year but economists and analysts expect moderate growth in the coming three years.
WeWork launches $2.9bn real estate investment platform
The We Company, WeWork’s parent firm, has launched ARK, its a new $2.9 billion global real estate acquisition and management platform.
UK real estate funds suffer seventh consecutive month of outflows in April
There was no respite for UK real estate funds in April, according to the latest Fund Flow Index (FFI) from Calastone. On every day of the month bar four, investors pulled money out of property, marking the seventh consecutive month of outflows.
Zynga sells its San Francisco HQ building for $600m
The social and mobile games developer Zynga has signed a sale and leaseback agreement with Beacon Capital Partners, an American private real estate investment firm based in Boston, Massachusetts, for its San Francisco headquarters building.
Google buys The Milk Building from Jamestown in Chelsea
Jamestown finalized the sale of The Milk Building, located at 450 W. 14th Street, to Google. The building is an eight-story, 325,000 square foot office and retail property. Jamestown has owned the building since late 2012.
Park Hotels to acquire Chesapeake Lodging Trust in a $2.7b deal
Park Hotels & Resorts Inc. has signed a merger agreement with Chesapeake Lodging Trust to acquire all the outstanding shares of Chesapeake in a cash and stock transaction valued at approximately $2.7 billion.
Global real estate market activity remains healthy in Q1 despite economic uncertainty
Global real estate market activity has remained healthy through the first quarter of 2019, although there are signs that momentum is slowing from last year’s impressive levels..
Melco acquires 19.99% stake in Crown Resorts for $1.22bn
Australian billionaire businessman James Packer has sold almost half his stake in Crown Resorts for 1.76 billion Australian dollars ($1.22 billion) to Melco Resorts & Entertainment Limited.
Accor plans to open 1200 coworking spaces for WOJO in Europe
Accor plans to open 1200 coworking spaces in under 3 years for WOJO to become the leading coworking brand in Europe by 2022.
US-China trade tensions trigger $4bn outflows from Chinese equities
According to The Institute of International Finance(IIF) daily capital flows tracker report, a recent, significant reversal in EM capital flows so far this week. Non-resident portfolio flows to emerging markets triggered a reversal alert on May 14.