Wednesday, March 29, 2023
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EG Group sells convenience store portfolio in US for $1.5bn

EG Group sells convenience store portfolio in US for $1.5bn

UK-based independent convenience retailer EG Group has agreed to sell a portfolio of its sites on the east coast of the U.S. to Realty Income Corporation, an...
CBRE appoints Robert Bernard as chief sustainability officer

CBRE appoints Robert Bernard as chief sustainability officer

CBRE has hired Robert Bernard as the company's Chief Sustainability Officer and Senior Vice President, Client Sustainability Solutions. In this role, Bernard, an executive with...
Candriam to acquire majority stake in Tristan Capital Partners

Candriam to acquire majority stake in Tristan Capital Partners

Candriam Group, a New York Life Investments Company, has agreed to acquire an additional 31% stake in pan-European real estate investment manager Tristan Capital...
Azora Exan pays $78m for office complex in Cincinnati, Ohio

Azora Exan pays $78m for office complex in Cincinnati, Ohio

Azora, through its subsidiary Azora Exan, has acquired a portfolio of two first-class office buildings spread across 28,000 square meters in Cincinnati, Ohio for...
GIC, Oak Street complete $15bn Store Capital acquisition

GIC, Oak Street complete $15bn Store Capital acquisition

Singapore’s sovereign wealth fund GIC and real estate investment firm Oak Street have completed the previously announced acquisition of all of the outstanding shares of...
Deka sells hotel in Midtown East, Manhattan

Deka sells hotel in Midtown East, Manhattan

German real estate investment firm Deka Immobilien has sold 525 Lexington Avenue, a 655 room non-operating hotel in the Midtown East neighborhood of Manhattan, New...
University of California to invest additional $500m in Blackstone REIT

University of California to invest additional $500m in Blackstone REIT

The Office of the Chief Investment Officer of the Regents of the University of California (UC Investments) and Blackstone announced an expansion of their long-term...
Knight Frank, Berkadia to establish global capital markets platform

Knight Frank, Berkadia to establish global capital markets platform

UK-based property consultancy firm Knight Frank and Berkadia, a US-based commercial real estate group and joint venture of Berkshire Hathaway and Jefferies Financial Group,...
Meag buys residential property in US on behalf of Munich Re

Meag buys residential property in US on behalf of Munich Re

Meag, the asset manager of Munich Re Group, in cooperation with CBRE Investment Management, has acquired Liberty Warehouse, a residential property in downtown Durham,...
Blackstone raises $25bn for private equity secondary funds

Blackstone raises $25bn for private equity secondary funds

Blackstone has announced the final close of its latest global secondaries strategy, Strategic Partners IX (SP IX), and inaugural GP-led continuation fund strategy, Strategic...

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