Global CRE investment volume falls 2% y-o-y in third quarter

Global CRE investment volume falls 2% y-o-y in third quarter

Global commercial real estate (CRE) investment volume, including entity-level deals, totaled US$260 billion in Q3 2019, up by 7% over the previous quarter but...
Hyatt opens Great Scotland Yard hotel

Hyatt opens Great Scotland Yard hotel

Hyatt Hotels Corporation announced the opening of the 152-room Great Scotland Yard hotel as part of The Unbound Collection by Hyatt. On the site of the former...
Greystar forms £2.2bn build to rent partnership with ADIA

Greystar forms £2.2bn build to rent partnership with ADIA

Greystar Real Estate Partners LLC has formed a new £2.2 billion strategic partnership with a wholly owned subsidiary of the Abu Dhabi Investment Authority...
Blackstone Credit & Insurance names Dan Leiter as Head of International

Blackstone Credit & Insurance names Dan Leiter as Head of International

Blackstone has appointed Dan Leiter as Head of International for Blackstone Credit & Insurance (BXCI). In this role, reporting to Gilles Dellaert, Global Head of...
JV submits plans for Grade A industrial development in Dagenham

JV submits plans for industrial development in Dagenham

A joint venture (JV) between a fund managed by Credit Suisse Asset Management Global Real Estate, Chancerygate and Hines has submitted plans to build a 172,169 sq ft...

Build to Rent completions now outpace starts as planning backlog squeezes pipeline

Delivery across the build-to-rent (BTR) sector has slowed in the first quarter of the year, with key pinch-points in the delivery pipeline creating a...
PIC enters UK retirement living sector with Octopus joint venture

PIC enters UK retirement living sector with Octopus joint venture

Pension Insurance Corporation plc (PIC) and Octopus Real Estate have formed a joint venture, Senior Living Investment Partners, to invest in the UK retirement...

South Yorkshire Pension Fund backs Panattoni’s industrial hub with £54m loan

South Yorkshire Pension Fund (SYPF) has made its largest single-project investment to date, lending £54 million to support the development of Panattoni Park Central...
The financing marks the company’s first funding deal with global investment manager PGIM Real Estate and reflects market confidence in Get Living and London’s build-to-rent (BtR) market in the context of challenging economic conditions.

Get Living closes £150m refinancing deal with PGIM Real Estate

UK build-to-rent developer Get Living has finalised a £150 million refinancing of Portlands Place at its flagship neighbourhood, East Village in Stratford. The financing marks the...
Cheyne backs Virtuo–TPG Real Estate €200m logistics venture in France

Cheyne backs Virtuo and TPG Real Estate with €115m development loan

Virtuo Industrial Property and TPG Real Estate, through its Intervest platform, have joined forces to launch a €200 million logistics development portfolio across key...
Ivanhoé Cambridge, Bouwinvest and Greystar form €1bn student accommodation JV in Paris

Ivanhoé Cambridge, Bouwinvest and Greystar form €1bn student accommodation JV in Paris

Ivanhoé Cambridge Holdings UK Ltd, Bouwinvest Real Estate Investors and Greystar Real Estate Partners LLC have formed a new joint venture, ‘develop-to-core’ venture, focused...
British Land sells 75% stake in Paddington Central for £694m

British Land sells 75% stake in Paddington Central for £694m

British Land has agreed to sell a 75% interest in the majority of its Paddington Central assets, a 11-acre mixed-use campus in London, to Singapore’s...

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