CBRE appoints co-CEOs for investment management business
CBRE Group has announced the appointment of Adam Gallistel and Andy Glanzman as Co-Chief Executive Officers of CBRE Investment Management.
In their new roles, Gallistel...
Boston leads global life science hubs in Savills Index
Boston has been ranked as the top life science hub in the world, according to Savills' latest global index of the top 30 life...
Global prime office rent and fit-out costs rise in Q3, says Savills
Rents for prime office spaces rose by 0.2%, and fit-out costs increased by 0.3% in Q3 2024, bringing the year-on-year growth in net effective...
Global commercial real estate investment to hit $747bn by year-end
Savills, the international real estate advisor, has forecast that investment in the world’s 16 major commercial real estate (CRE) markets is expected to reach...
CDL Hospitality Trusts adds Exeter hotel to UK portfolio
Singapore-listed CDL Hospitality Trusts has agreed to acquire Hotel Indigo Exeter and two retail units from Hotel Exe Limited, Plaza Properties and Plaza Retail...
Global prime warehousing costs rise 1.7% in H1 2024
Global prime warehousing costs rose by 1.7% in the first half of 2024, bringing the average cost to $12.05 per square foot, according to...
Ares expands global real estate platform with acquisition of GCP International
Ares Management Corporation has agreed to acquire the international business of GLP Capital Partners (GCP International) and certain affiliates, excluding its operations in Greater...
Patrizia appointed by Far East Organization to reposition London’s Pinners Hall
Patrizia has been appointed by Singapore’s largest private property developer, Far East Organization, to lead the repositioning of Pinners Hall, an iconic office building...
TPG, GIC to acquire Techem in €6.7bn deal
TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform, and GIC, a global institutional investor, have signed an agreement...
Real IS expands global portfolio with Sydney CBD office deal
Real I.S. AG has expanded its global portfolio with the acquisition of 8 Windmill Street in Walsh Bay, Sydney, Australia, for AUD 47.75 million.
The...
Lone Star closes $2.7bn commercial real estate fund
Lone Star Funds has closed its latest commercial real estate fund, Lone Star Real Estate Fund VII (LSREF VII), securing approximately $2.7 billion in...
Warburg Pincus, Lendlease acquire $1.2bn property portfolio in Singapore
The joint venture (JV) platform established by Warburg Pincus and Lendlease, along with its managed investment vehicle LINO, has acquired a portfolio of assets...
