Saudi Arabia’s Arbah Capital buys retail property in Glasgow for £60m
Saudi-based Arbah Capital has acquired a landmark retail property, Sauchiehall Building, in Glasgow, UK, for £60 ($76) million through a shariah compliant investment structure. The...
Australia’s Avoe confirms takeover talks with Brookfield
Australia’s retirement community operator and manager Aveo Group has released a statement about media speculaitons regarding takeover by Brookfield Property Group. Aveo Group has confirmed...
Unite Group acquires Liberty Living for £1.4bn
Student accommodation developer Unite Group has agreed to acquire Liberty Living Group Plc, a student accommodation business, from Liberty Living Holdings Inc., a wholly...
Bentall Kennedy and GreenOak announce merger closing
BentallGreenOak anounced the closing of the merger Tetragon Financial Group Limited’s GreenOak Real Estate and Sun Life Financial Inc.’s North American real estate and...
Allianz, VGP form €1.7bn JV to invest in European logistics assets
VGP NV, the Antwerp-based pan-European logistics developer and Allianz have formed a new 50:50 joint venture, VGP European Logistics 2, to invest in core...
GIC and Equinix form US$1bn JV to invest in Europe data centers
GIC, Singapore-based sovereign wealth fund, with US$100 billion in assets under management, and Equinix, the global interconnection and data center company, have agreed to...
CRE Herald’s top 10 posts in June
Here are ten of our most popular articles for the month. Google to invest $1bn in residential housing across Bay Area Google announced that it will invest...
Korean investor acquires 50% stake in Milan office property
Meritz Financial Group, a South Korean financial holding company with a market cap of Euro 1.6 billion and consolidated assets of Euro 40 billion,...
Tristan acquires office buildings in Helsinki
CCP 5 LL, the core-plus perpetual fund advised by Tristan Capital Partners has acquired a group of office buildings, including three parking sites with...
Unite Group confirms talks to acquire Liberty Living
UK's student accommodation provider Unite Group has released a statement about media speculations regarding acquisition of Liberty Living Group plc ("Liberty Living") by Unite. The company has...