CapitaLand Ascendas REIT adds fifth data centre to UK portfolio
CapitaLand Ascendas REIT (CLAR) has acquired a high-specification Tier III colocation data centre facility in the UK from a global data centre operator for...
Cromwell announces 11% increase in operating profit
Real estate investor and manager Cromwell Property Group reported full-year (FY19) statutory profit of $159.9 million (FY18 $204.1 million).
Operating profit, considered by the...
Riverside to acquire Townsend Group from Aon
Global investment firm The Riverside Company has agreed to acquire The Townsend Group, a provider of global real estate and real asset investment advisory services, from Aon...
Cromwell sells 50% stake in Chatswood office building for A$120m
Cromwell Property Group has sold a 50% stake in 475 Victoria Avenue, Chatswood, a business centre in Sydney’s North Shore region, for A$120 million,...
ARA acquires majority stake in LOGOS
ARA Asset Management Ltd (ARA) has acquired a majority stake in LOGOS via its logistics arm, ARA Logistics Partners Limited, joining existing shareholders, LOGOS’...
Global prime office rents continue upward trend as demand surges
In the final quarter of 2024, rents for prime office space across the globe saw a slight increase of 0.3%, while fit-out costs rose...
CPP Investments, RMZ Corp form commercial office JV in India
Canada Pension Plan Investment Board (CPP Investments) and India-based privately owned real estate developer RMZ Corp have formed a joint venture to develop and hold...
CBRE IM closes $1.62bn real estate secondaries fund
CBRE Investment Management has completed the final close of its second global real estate secondaries fund, securing $1.62 billion in capital commitments and exceeding...
LOGOS forms JV to enter Vietnam logistics property market
Asia Pacific based logistics real estate investor LOGOS has formed a joint venture with a global institutional investor in Vietnam to develop logistics facilities...
Gaw Capital completes fundraising for IDC platform close to US$1.3bn
Hong Kong-based real estate private equity firm Gaw Capital Partners announced the closing of fundraising for its internet data center (IDC) platform, which targets...
Allianz to acquire Japanese multifamily portfolio for €1.1bn
Allianz Real Estate, acting on behalf of several Allianz companies, has signed a sale and purchase agreement to acquire a portfolio of multifamily properties,...
Commerz Real buys hotel in Kyoto, Japan for €200m
Commerz Real, a subsidiary of Commerzbank AG, has acquired a hotel, Onyado Nono in Kyoto, Japan for €200 million for its open-ended real estate...
