Monday, November 18, 2019


Global commercial real estate news,CRE Markets office, retail, industrial, multifamily, healthcare,student housing,hotel news, trends and insights.

Europe office market

Patrizia sells office buildings in Helsinki for €41m to Finnish investment fund

Real estate investment company PATRIZIA Immobilien AG has sold 5 office buildings, Itämerenkatu 5, in Ruoholahti office district ,Helsinki for EUR 41...
Starboard Commercial Real Estate secures long-term lease for Arthur Murray Dance Studios in Monterey CA

Starboard Commercial Real Estate secures long-term lease for Arthur Murray Dance Studios

Starboard Commercial Real Estate, privately owned and locally-based San Francisco commercial real estate firm, announced the leasing of 600 E. Franklin Street in Monterey California to Arthur Murray...
Helsinki shopping centre

URW sells its stake in Jumbo shopping centre,Helsinki

Unibail-Rodamco-Westfield (URW) has sold its 34% stake in the Jumbo shopping centre in Helsinki, Finland, to current co-owner Elo Mutual Pension Insurance...
Australia retail market

Australian retailer Coles Group signs agreement with Viva Energy

Australian retailer Coles Group has entered into an agreement to restructure the terms of the Fuel and Convenience Alliance (New Alliance)...
Digital Realty closes $1bn JV transaction with Singapore's Mapletree

Digital Realty closes $1bn JV transaction with Singapore’s Mapletree

Global data center provider Digital Realty has closed the previously announced joint venture with Mapletree Investments and Mapletree Industrial Trust on three...
UK student accommodation

Kier to construct Manchester Met student accommodation project

Kier will construct Manchester Metropolitan University (Manchester Met)'s student accommodation development, Birley Residences Phase 2 which  will be located at Manchester Met’s...
Florida student housing property

Campus Advantage, Stark break ground on new Florida student housing property

Campus Advantage and Stark Enterprises today held a groundbreaking ceremony in Gainesville, Florida on the site where the company will open Liv+...
Pelligra Group buys Ford manufacturing sites

Pelligra Group buys Ford’s former manufacturing sites

Melbourne-based Pelligra Group has acquired Ford’s former manufacturing sites in Geelong and Broadmeadows. The sites, to be named FORTEK Geelong and ASSEMBLY...
Caesars Entertainment sells The Rio for $516M

Caesars Entertainment sells The Rio for $516M

Caesars Entertainment Corporation (“Caesars Entertainment”), has signed an agreement to sell the Rio All-Suite Hotel & Casino (The Rio) in Las Vegas...
Brexit referendum

Assets worth £1tn leave the UK since Brexit referendum

According to a report by the EY consultancy which monitors the public statements made by 222 of the largest Financial Services firms,...