Helical sells London office building to Hong Kong investor
Helical has agreed to sell the single asset company, Farringdon East (Jersey), which owns the long leasehold interest in Kaleidoscope, Lindsey Street, EC1, London...
Real I.S. sells office building in Australia for A$290m
Real I.S. has sold the headquarters of the Australian Taxation Office (ATO) in Canberra, Australia to Charter Hall for A$290 million.
The building was constructed...
Evergrande shares fall over 80% as trading resumes after 17-month suspension
China's Evergrande resumed today trading on the Hong Kong Stock Exchange today after a 17-month suspension.
The company's shares fell 87 percent within the first...
M&G Real Estate pays $202m for Tokyo multi-family property
M&G Real Estate Asia (M&G) has added to its portfolio with the recent acquisition of Frontier Shinjuku Tower, a high-end multi-family property situated in...
Global commercial real estate prices continue to fall in Q1
Global commercial real estate pricing continued to fall in the first quarter of 2024, as deal activity remained sluggish across most major global cities,...
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...
Crown Estate and Lendlease form £24bn UK joint venture
The Crown Estate and Lendlease have entered into a conditional agreement to establish a 50:50 joint venture that will focus on transforming Lendlease's undeveloped...
Brookfield–GIC consortium to acquire National Storage in $2.7bn deal
Australia's National Storage REIT has agreed to be acquired by a consortium led by Brookfield Asset Management and GIC, after entering into a Scheme...
Commercial real estate enters ‘Age of Relevance’ as AI reshapes demand, PIMCO says
Commercial real estate has entered a new investment phase in which artificial intelligence (AI), geopolitical shifts and the convergence of real estate with infrastructure...
Australian Goodman Group buys industrial site in London
Australian industrial real estate company Goodman Group has acquired a 9.5 acre industrial site in Park Royal, London via its Goodman UK Partnership.
The site is...
Hines buys Collingwood site to develop commercial office building in Melbourne
Hines, the international real estate firm, has acquired a prominent 2,120-square-meter corner site at 36-52 Wellington Street, Collingwood, one of Melbourne’s most rapidly gentrifying...
CapitaLand to sell interest in three malls in China for RMB2,960m
CapitaLand has signed an agreement with CapitaLand Retail China Trust (CRCT) to sell its interest in three malls in China – CapitaMall Xuefu and...
