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...
AXA IM Alts buys two senior housing assets in Japan for €34m
AXA IM Alts has acquired a portfolio comprising two city centre senior housing assets in northern Japan, on behalf of clients, for c. €34...
South Korean pension fund invests $100m in 3650 REIT’s lending strategy
South Korea-based public pension fund Public Officials Benefit Association (POBA) has made a $100 million capital commitment to US-based commercial real estate lender...
Lendlease and Daiwa House join forces to develop new homes in London
Lendlease, a global real estate group, headquartered in Sydney, and Daiwa House, one of Japan’s largest home builders and property developers, have formed a...