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...
PwC projects $31.6tn in global data centre capex through 2050
Global data centre capital expenditure could reach US$31.6 trillion through 2050 as investment in the computing capacity required to support artificial intelligence (AI) accelerates,...
AXA IM Alts buys two residential assets in Tokyo for €51.2m
AXA IM Alts has expanded its residential portfolio in Japan with the acquisition of two residential assets in Tokyo for €51.2 million (¥6.9 billion)....
Gaw Capital raises $1.2bn for APAC real estate fund in first close
Hong Kong-based real estate private equity firm Gaw Capital Partners has raised US$1.2 billion in a first close of its seventh Asia Pacific real estate...
Ascendas Reit to buy seven logistics properties in Chicago for S$133.2m
Ascendas Reit has agreed to acquire a portfolio of seven logistics properties located across six infill industrial submarkets across Chicago, Illinois, United States ...
Ascott forms US student housing venture with Riyad Capital
Singapore-based CapitaLand’s wholly owned lodging business unit The Ascott Limited (Ascott) has formed a development venture totalling US$150 million (S$204.8 million) in committed equity...
Charter Hall, Abacus buy Sydney CBD office tower for A$630M
Charter Hall Group has formed a new partnership with Abacus to acquire 201 Elizabeth Street, Sydney CBD office tower for A$630 million. The vendor...
Nuveen completes Schroders acquisition, creating $2.6tn asset manager
Nuveen has completed its acquisition of Schroders, bringing the two asset and wealth management businesses together in a transaction that creates a combined firm...
WeWork files for bankruptcy
WeWork, once the biggest US startup worth $47bn, has filed for bankruptcy in the US.
WeWork and certain of its entities has filed for protection...
Cromwell appoints Jonathan Callaghan as new CEO
Cromwell Property Group has appointed Jonathan Callaghan as its new chief executive officer (CEO).
Jonathan Callaghan is an Australian property and funds management veteran who...
US private market funds surpass $7tn amid growing global dominance
U.S. private market fund managers are seeing exceptional growth, with total assets under management (AUM) now exceeding $7.26 trillion, according to new research from...
Goldman Sachs, New Ease JV buys $488m China logistics assets
Warburg Pincus-backed logistics property developer New Ease and Goldman Sachs Asset Management have jointly acquired two collection of logistics real estate projects in gateway...
