Thursday, June 4, 2020

CRE MARKETS

Global commercial real estate news,commercial property investment,CRE Markets office, retail, industrial, multifamily, healthcare,student housing,hotel news, trends and insights.

Deka acquires office tower project in Vienna

Deka acquires office tower project in Vienna

German real estate investor Deka Immobilien Investment GmbH has acquired the Austro Tower, an office tower project in Vienna, from real estate...
Allianz acquires prime multifamily property portfolio in Tokyo for €110m

Allianz acquires prime multifamily property portfolio in Tokyo for €110m

Allianz Real Estate has acquired a prime multifamily property portfolio in Tokyo for €110 million. The portfolio comprises 11 newly built assets...
Paramount completes sale of 10% interest in 1633 Broadway

Paramount completes sale of 10% interest in 1633 Broadway

Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it has completed the sale of a 10% interest in...
Deka Immobilien buys Class A office building in Chicago

Deka Immobilien buys Class A office building in Chicago

German real estate firm Deka Immobilien has acqıuired 905 W. Fulton Market, a Class A, 98,000-square-foot office building in Chicago, from Thor...
CIM Group acquires industrial property in South Fort Worth, Texas

CIM Group acquires industrial property in Fort Worth, Texas

CIM Group has acquired Junction 20/35, an industrial property located at 7550 Oak Grove Road in South Fort Worth, Texas.
JCPenney reopens 150 stores across U.S

JCPenney reopens 150 stores across U.S

JCPenney reopened 150 stores in 27 states, bringing the total to 304 reopened stores nationwide after temporarily closing due to the Coronavirus...
Tuesday Morning files for Chapter 11 bankruptcy protection

Tuesday Morning files for bankruptcy protection

Off-price retailer Tuesday Morning Corp. has filed voluntary petitions for protection under Chapter 11 of the Bankruptcy Code in response to the...
Allianz Real Estate secures first third-party investor for its €3bn debt fund

Allianz Real Estate secures first third-party investor for its €3bn debt fund

Allianz Real Estate has secured its first third-party client for its €3 billion Luxembourg-based debt fund. German pension fund Bayerische Versorgungskammer (BVK)...
CapitaLand gets largest sustainability-linked loan in Singapore’s real estate sector

CapitaLand gets largest sustainability-linked loan in Singapore’s real estate sector

CapitaLand has obtained a S$500 million sustainability-linked loan from United Overseas Bank (UOB).The loan is the largest sustainability-linked bilateral loan in Singapore’s...
Pebblebrook Hotel Trust to sell historic hotel in Nashville for $56m

Pebblebrook Hotel Trust to sell historic landmark hotel in Nashville for $56m

Pebblebrook Hotel Trust, a publicly traded real estate investment trust (REIT), has agreed to sell Union Station Hotel Nashville, Autograph Collection in...

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