Friday, April 10, 2020
Fannie Mae predicts Fed to cut rates by 50bps at its next meeting

Fannie Mae predicts Fed to cut rates by 50 bps at its next meeting

The COVID-19 (coronavirus) outbreak and sharp decline in oil prices will likely cause a decrease in U.S economic growth, according to the...
Savills acquires project management firm in North America

Savills acquires project management firm in North America

Savills plc, the international real estate advisor, has acquired Macro Consultants LLC, a project management firm in North America.  The acquisition...
MISUMI to relocate North American HQ to Schaumburg Corporate Center

MISUMI to relocate North American HQ to Schaumburg Corporate Center

MISUMI, a global supplier of configurable components, announced the relocation of its North American corporate headquarters to Glenstar’s Schaumburg Corporate Center located...
Allianz Real Estate to become part of PIMCO

Allianz Real Estate to become part of PIMCO

PIMCO and its parent company Allianz Group, have agreed to transition the management and oversight of Allianz Real Estate to PIMCO. Allianz...
Colliers to acquire engineering services firm in U.S

Colliers to acquire engineering services firm in U.S

Commercial real estate services and investment management firm Colliers International has entered into an agreement to acquire a controlling interest in Maser...
Paramount to sell 1899 Pennsylvania Avenue for $115m

Paramount to sell 1899 Pennsylvania Avenue for $115m

Paramount Group, Inc. (NYSE: PGRE) has entered into an agreement to sell 1899 Pennsylvania Avenue, a 191,000 square foot office building located...
Nuveen Real Estate’s U.S. Cities Industrial Fund raises $660m

Nuveen Real Estate’s U.S. Cities Industrial Fund raises $660m

Nuveen Real Estate, one of the largest real estate investment managers globally with $130 billion of assets under management, has raised $660...
Cushman & Wakefield acquires US multifamily property management firm

Cushman & Wakefield acquires US multifamily property management firm

Cushman & Wakefield has acquired Pinnacle Property Management Services, LLC, the third largest multifamily property management firm in the U.S.
PGIM’s real estate businesses complete over $35B in transactions worldwide in 2019

PGIM’s real estate businesses complete over $35bn in transactions worldwide in 2019

The real estate businesses of PGIM completed over $35 billion in transactions worldwide in 2019. The volume represents a total of 954...
Google announces $10 billion investment for 2020 in U.S

Google announces $10 billion investment for 2020 in U.S

Sundar Pichai, CEO of Google and Alphabet announced that Google will invest more than $10 billion in offices and data centers across...

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