Starwood closes $10.2bn global opportunistic real estate fund
Starwood Capital Group has announced the final closing of Starwood Distressed Opportunity Fund XIII (SOF XIII), securing capital commitments exceeding $10.2 billion.
Following the fundraising,...
KKR closes first Asia real estate fund at $1.7bn
KKR announced Wednesday that it has closed its first Asia real estate fund, KKR Asia Real Estate Partners (AREP) focused on opportunistic real estate investments...
Primewest, BlackRock JV to acquire Perth office tower
Australian property fund manager Primewest has formed a joint venture with a fund advised by BlackRock Real Assets.
The joint venture has agreed to purchase...
Office tower in Brisbane sells for A$285m
Dexus said on Tuesday it has agreed to sell 10 Eagle Street, a 34-level, 27,800 square metre, A-grade office tower in Brisbane for $285...
Cromwell pays A$185m for Brisbane office tower
Cromwell Property Group has agreed to acquire 100 Creek Street, a 24-storey office tower in Brisbane, Australia, for A$184.7 million, on behalf of Cromwell...
Japan dominates cross-border real estate investments in Asia Pacific
According to CBRE's 2024 Asia Pacific Investor Intentions Survey, Japan maintains its status as the preferred destination for cross-border real estate investment in the...
Stamford to sell office property in Perth for A$67.8m
Stamford Land Corporation (Stamford) today announced that the trustee of Dynons Perth Trust, a wholly-owned subsidiary of the Company, has entered into a contract...
GIC, ESR expand partnership in India with US$600m logistics joint venture
GIC and ESR Group have announced an 80:20 strategic partnership to establish a US$600 million joint venture (Core JV) to acquire income-producing core industrial...
Google purchases land at Goodman Business Park in Tokyo
Google has signed an agreement with Goodman to purchase a land at Goodman Business Park in Greater Tokyo. Google plans to build its first...
Keppel REIT buys freehold commercial property in Sydney for A$306m
Singapore-based Keppel REIT announced it has entered into an agreement with the Goodman Group to acquire a 100% stake Pinnacle Office Park, a freehold...
Global data centre construction faces pressure amid AI-fuelled demand surge
The global rush to build next-generation data centres designed to power artificial intelligence (AI) workloads is putting mounting pressure on construction supply chains and...
Savills IM expands Japan residential portfolio with $218m acquisition
Savills Investment Management (Savills IM) has added $218m (JPY24b) of assets to its residential portfolio in Japan.
The company has acquired 10 assets located in...
