Here are ten of our most popular articles for the month.
Google to invest $1bn in residential housing across Bay Area
Google announced that it will invest additional $1 billiion in residential housing across the San Francisco Bay Area.
Singapore’s Mapletree buys office property in Dublin
Singapore-based Mapletree Investments has acquired an office property in Dublin from Marlet Property Group, an Irish property developer, represents Mapletree’s first office acquisition in the Irish capital.
Legal & General forms £4bn partnership with Oxford University
Legal & General(L&G) has formed a 50:50 partnership with Oxford University to develop homes for University staff and students, together with science and innovation districts in and around Oxford.
Scentre sells Sydney CBD office towers to Blackstone for A$1.52bn
Australia’s Scentre Group has sold its Sydney CBD office towers to certain funds managed by US-based private equity firm Blackstone, for A$1.52 billion ($1.06 billion) and announced an A$800 million share buyback programme.
Ventas to invest US$1.8bn in Canadian seniors housing portfolio
Ventas is investing in C$2.4 billion (USD$1.8 billion) Canadian seniors housing portfolio through an 85/15 percent equity partnership with Le Groupe Maurice (“LGM”).
U.S. commercial, multifamily mortgage debt reaches $3.46tn in Q1 2019
U.S. commercial and multifamily mortgage debt outstanding rose by $45.4 billion to $3.46 trillion in the first quarter of 2019, a 1.3 percent increase from the fourth quarter of 2018.
Allianz buys 49% stake in New York’s iconic office building for $384m
Allianz has closed another stake acquisition in Hudson Yards, New York’s $25 billion mixed-use development, according to the press release on Friday.
Google to expand in Texas with new data center and office spaces
Google announced it has started construction works of new data center in Midlothian and the lease of two new buildings to expand its office in Austin as a part of its $13 billion investment strategy across the United States.
Blackstone to acquire US logistics assets from GLP for $18.7bn
Blackstone Group LP has signed an agreement with Singapore-based GLP, a global investment manager specializing in logistics and related technology investments, to acquire GLP’s 179 million square feet of urban, infill logistics assets in the United States for $18.7 billion.
CTP agrees €1.9bn syndicated financing package in CEE’s largest real estate transaction ever
CTP, a full-service, commercial real estate developer and manager, and a consortium of three banking groups agreed on underwriting package of €1.9 billion for CTP’s Czech industrial portfolio..
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