Mapletree buys land parcel in Hong Kong to develop data center
Mapletree Investments has acquired a land parcel at Fanling Sheung Shui Town in New Territories, Hong Kong SAR for HK$813 million (S$139.9 million) through...
Macquarie raises $1.9bn for global opportunistic real estate fund
Macquarie Asset Management has closed the Macquarie Real Estate Partners (MREP), an opportunistic real estate fund, raising approximately $1.9 billion in equity.
MREP is...
IREIT Global secures 15-year lease at Darmstadt Campus
Singapore-listed and Europe-focused real estate investment trust IREIT Global has secured a 15-year lease with a German federal government body for approximately 6,200 sqm...
Dexus fund to merge with AMP Capital fund
Australian real estate group Dexus has made a proposal to merge its fund with AMP Capital Diversified Property Fund.
The company said on Tuesday that...
Lendlease completes sale of UK construction business
Lendlease has completed the sale of its UK Construction business to Atlas Holdings, marking the final step in its exit from international construction.
The...
GIC, Dream Industrial REIT to acquire Canada’s Summit in C$5.9bn deal
A joint venture between Singapore’s sovereign wealth fund GIC and Dream Industrial REIT (DIR) has agreed to acquire Canada's Summit Industrial Income REIT (Summit) in...
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...
Aware Super unveils £5.25bn investment plan in UK and Europe
During today's Global Investment Summit, Australian pension fund Aware Super revealed its plan to direct a £5.25 billion investment commitment in the UK and Europe...
ESR establishes RMB10bn China logistics fund
Hong Kong-based real asset manager ESR Group has established its largest-ever RMB income fund in China.
ESR has established the fund with one of China’s...
Centuria makes takeover offer to acquire New Zealand’s Augusta Capital
Centuria Capital and Augusta Capital Limited have entered into a Bid Implementation Agreement relating to an offer by Centuria to acquire Augusta Capital for...
Property investors face new reality as ‘lower for longer’ interest rates fade away
According to M&G's Global Real Estate Outlook report, global property investors must increasingly focus on generating high yields and fostering growth to remain competitive...
Landsec sells London office building to Hong Kong developer for £349.5m
British commercial property development company Landsec has sold the One New Street Square office building in Central London to Hong Kong-based property developer Chinachem...
