Thursday, November 21, 2019

North America

North America commercial real estate office, retail, industrial, multifamily, healthcare,student housing,hotel news, trends and insights.

CIM Group acquires commercial property portfolio in Austin

Commercial property portfolio in Austin sold to CIM Group

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CIM Group has acquired a 270,000-square-foot commercial property portfolio in Austin, consisting of two office buildings located at 618 Tillery Street and...
ICF moves global headquarters to Comstock’s Reston Station

ICF moves global headquarters to Comstock’s Reston Station

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Global consulting and digital services firm ICF will move its global headquarters to Comstock’s 1902 Reston Metro Plaza at Reston Station in...
Federal Reserve cuts interest rates for third time this year

Federal Reserve cuts interest rates for third time this year

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In line with market expectations, the Federal Reserve cut its key benchmark interest rate by a quarter of a percentage point, to...
CRE executives continue to see value in coworking, says C&W

CRE executives continue to see value in coworking, says C&W

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Global real estate services firm Cushman & Wakefield has released a report that reveals corporate perceptions of the value of flexible workspace...
U.S economy grows 1.9% in third quarter of 2019

U.S economy grows 1.9% in the third quarter

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U.S real gross domestic product (GDP) increased at an annual rate of 1.9 percent in the third quarter of 2019, according to the...
Hines, Cerberus acquire iconic office buildings in Houston

Hines, Cerberus acquire iconic office buildings in Houston

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Hines and an affiliate of Cerberus Capital Management, L.P. have acquired 600 Travis Street (formerly JPMorgan Chase Tower) and 601 Travis...
AECOM, Canyon Partners JV announce $500m fund close

AECOM, Canyon Partners JV announce $500m fund close

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A joint venture between between AECOM Capital, the investment adviser of global infrastructure firm AECOM, and Canyon Partners, LLC, a global alternative...
Manhattan office building sold to Swiss real estate investor

Manhattan office building sold to Swiss real estate investor

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ASB Real Estate Investments, a division of ASB Capital Management, LLC, a U.S. real estate investment management firm with $8.0 billion in...
Prologis to acquire Liberty Property Trust for $12.6bn

Prologis to acquire Liberty Property Trust for $12.6bn

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Prologis, Inc., the global logistics real estate company, has agreed to acquire Liberty Property Trust, a publicly traded real estate investment trust...
Trump's company intends to sell its flagship Washington D.C. hotel

Trump’s company intends to sell its flagship Washington D.C. hotel

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US President Donald Trump’s company The Trump Organization intends to sell its flagship Washington D.C. hotel, the Trump International Hotel, which opened in...

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