London tops global cross-border commercial real estate investment in 2023
MSCI Real Assets has released a study delving into the dynamics of global cross-border investment in commercial real estate for the previous year. In...
CBRE completes $800m acquisition of J&J Worldwide Services
CBRE has completed its acquisition of J&J Worldwide Services, a prominent provider of engineering services, base support operations, and facilities maintenance for the U.S....
Starwood Capital taps Jonathan Pollack as president
Starwood Capital Group has announced the appointment of Jonathan Pollack as its President, effective 2025. Pollack, formerly the Global Head of Real Estate Credit at...
SBB, Castlelake joint venture generates SEK 5.2bn in cash for SBB
Swedish real estate firm Samhällsbyggnadsbolaget i Norden AB (SBB) has reached an agreement to form a joint venture, SBB Infrastructure AB, with global alternative...
Global commercial property prices end 2023 with 5.9% decline
In the latest edition of the RCA CPPI Global Cities report, the Q4 2023 results reveal a persistent downturn in global commercial property prices,...
CBRE appoints former Morgan Stanley executive Guy Metcalfe to board
CBRE Group has appointed Guy A. Metcalfe to its Board of Directors, effective February 26, 2024. Metcalfe served as a Managing Director and was...
Crow Holdings raises $3.7bn for tenth US value-add real estate fund
Crow Holdings has completed fundraising for Crow Holdings Realty Partners X, L.P. (Fund X), its tenth US diversified value-add real estate fund, with total...
London’s iconic BT Tower sold to US hotel group for £275m
BT Group has agreed to sell the iconic BT Tower in London to US hotel group MCR Hotels for £275m. MCR Hotels intends to...
Blackstone breaks ground on new European headquarters in London
Construction has commenced on Blackstone's new 226,000 sq ft European headquarters at the historic Berkeley Square in London, the site of the former Lansdowne...
Starwood Capital invests $850m in Echelon Data Centres
Starwood Capital Group has announced a strategic investment in Echelon Data Centres through a controlled affiliate. The investment, totaling approximately $850 million from Starwood...