Blackstone, Digital Realty form $7bn data center development joint venture
Digital Realty and Blackstone are establishing a $7 billion joint venture to develop hyperscale data centers in Europe and North America. Blackstone-affiliated funds led by...
Mitsubishi Estate and Edge acquire office building in London’s West End
European real estate developer Edge and Japan's Mitsubishi Estate London have acquired 125 Shaftesbury Avenue, a 180,000 sq ft office building with retail at...
PIC increases investment in social housing with £30m financial commitment
Pension Insurance Corporation has expanded its financial commitment by making a second private placement investment of £30 million in secured debt issued by Heart...
Joanne McNamara joins ESR as non-executive director
APAC-based real asset manager ESR Group has appointed Joanne McNamara, Executive Vice President, Head of Europe, for Oxford Properties as a non-executive director to...
Mitiska REIM sells retail park portfolio in Romania for €219m
European convenience real estate investor, headquartered in Belgium, Mitiska REIM has completed the sale of 25 retail parks in Romania to LCP Group for...
Shopping centre in Hoofddorp sells for €74m
Dutch real estate company Wereldhave has acquired the Polderplein shopping centre and car park in Hoofddorp, the Netherlands, with a total gross lettable area...
Octopus secures £50m investment for UK affordable housing strategy
Octopus Investments, part of Octopus Group, has announced the first close of its affordable housing strategy, securing £50 million from the institutional investor London...
Ontario Teachers’ hires Pierre Cherki to lead global real estate operations
Ontario Teachers’ Pension Plan has announced the appointment of Pierre Cherki as the Executive Managing Director, Real Estate, effective January 22. This is a...
Ares Management raises $3.3bn for real estate secondaries strategy
Ares Management Corporation has raised $3.3 billion of capital, which comprises the Landmark Real Estate Fund IX (LREF IX), General Partner commitments and affiliated vehicles, to invest in real...
Shaftesbury signs £300m unsecured loan deal with expandable terms
Central London mixed-use REIT Shaftesbury Capital has inked an unsecured loan agreement amounting to £300 million. The initial maturity of this agreement spans three years, with...
