Singapore’s Keppel to acquire European real estate manager Aermont
Keppel Corporation Limited has entered into an agreement with Aermont Capital Group SCSp to acquire an initial 50% stake in European real estate manager...
Property investors face new reality as ‘lower for longer’ interest rates fade away
According to M&G's Global Real Estate Outlook report, global property investors must increasingly focus on generating high yields and fostering growth to remain competitive...
Australia’s IFM plans £10bn investment in UK
Australia-based global institutional investment manager IFM Investors plans to invest £10 billion in the UK infrastructure and energy transition projects by 2027. Supported by its...
Aware Super unveils £5.25bn investment plan in UK and Europe
During today's Global Investment Summit, Australian pension fund Aware Super revealed its plan to direct a £5.25 billion investment commitment in the UK and Europe...
Global healthcare sector set to grow despite economic uncertainty
The global healthcare sector remains buoyant and is expected to grow despite a challenging economic outlook, according to global property advisor, Knight Frank. Investors...
Singapore’s CDL invests £75.6m in Manchester PRS project
Singapore-listed real estate company City Developments Limited (CDL) has expanded its United Kingdom Private Rented Sector (PRS) portfolio with the acquisition of 1NQ, a...
Asia Pacific CRE investment recovery expected in mid-2024, says new survey
According to a recent survey by CBRE, a substantial number of investors are revising their projections for the revival of commercial real estate investment...
WeWork files for bankruptcy
WeWork, once the biggest US startup worth $47bn, has filed for bankruptcy in the US. WeWork and certain of its entities has filed for protection...
Lendlease, Google end development agreements for $15bn Bay Area project
Lendlease and Google have mutually reached an agreement to end the development services agreements of the four master-planned districts in San Jose (Downtown West),...
WeWork plans to file for bankruptcy, WSJ reports
Flexible workspace provider WeWork is planning to file for bankruptcy as early as next week, according to the Wall Street Journal report, citing people familiar with...