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WeWork special committee files lawsuit challenging SoftBank’s decision to terminate tender offer

WeWork special committee files lawsuit challenging SoftBank’s decision to terminate tender offer

The special committee of the board of directors of The We Company, a parent organization of WeWork, announced that it has filed a lawsuit...
JLL Income Property Trust secures $650m credit facility

JLL Income Property Trust secures $650m credit facility

JLL Income Property Trust has secured a $650 million credit facility with a syndicate of eight market-leading real estate lenders. The credit facility contains a $415 million revolving line...
U.S real gross domestic product

U.S economy grows 3.2% YoY in first quarter of 2019

U.S real gross domestic product (GDP) increased at an annual rate of 3.2 percent in the first quarter of 2019 , according to the...
Amazon plans to open two new fulfillment centers in Ohio

Amazon plans to open two new fulfillment centers in Ohio

Amazon.com, Inc. plans to expand in Ohio by opening two new robotics fulfillment centers in Akron and Rossford. Amazon fulfillment centers will total more than 1.4 million-square-feet and...
Digital Realty to acquire 49% interest in Westin Building Exchange in Seattle

Digital Realty to acquire 49% interest in Westin Building Exchange in Seattle

Digital Realty has signed an agreement with Clise Properties to acquire a 49% ownership interest in the Westin Building Exchange in Seattle, Washington.  ...
Twin River to acquire two Eldorado casinos for $155m

Twin River to acquire two Eldorado casinos for $155m

Twin River Worldwide Holdings, Inc. (Twin River) has entered into an agreement with Eldorado Resorts, Inc. (Eldorado) to acquire Eldorado Shreveport Resort and Casino...
Hines launches new global flexible workspace platform

Hines launches new global flexible workspace platform

Hines, the international real estate firm, has launched Hines² (Hines Squared), its a new global flexible workspace platform. The new platform will launch in two Hines...
Invesco buys Class A office buildings in Bellevue, Washington

Invesco buys Class A office buildings in Bellevue, Washington

Invesco Real Estate, Invesco's global real estate investment business, has acquired two Class A office buildings within the broader Bravern mixed-use development in the...
U.S office asking rents

U.S office asking rents up, sales activity slows in Q1 2019, says Yardi Matrix

Office absorption remains robust, leading office asking rents to increase by 1.0% nationally during the first quarter, according to Yardi Matrix-National Office Report. U.S...
Barings recapitalizes office property in Downtown San Diego

Barings recapitalizes office property in Downtown San Diego

Barings said Wednesday that it has closed a joint venture between Barings and Phase 3 Real Estate Partners / Bain Capital to reposition and...

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