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...
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...
Global prime office rent and fit-out costs rise in Q3, says Savills
Rents for prime office spaces rose by 0.2%, and fit-out costs increased by 0.3% in Q3 2024, bringing the year-on-year growth in net effective...
SL Green sells stake in NYC building to Japan’s Mori Trust
SL Green Realty has sold a 49.9% interest in 245 Park Avenue in New York City to a U.S. affiliate of Japanese firm Mori...
Singapore’s GIC increases its stake in Australian logistics partnership
GIC, Singapore’s sovereign wealth fund, has increased its stake from 45% to 80% in ESR Australia Logistics Partnership (EALP). ESR Australia will continue to...
GLP announces partnership with Allianz to invest in Japan and China logistics assets
GLP, a global investment manager specializing in logistics and related technology investments, announced a new investment partnership with Allianz Real Estate, to invest in...
Colliers International : Singapore CBD Grade A office rents rise in 2018
Tightening vacancies drove up prime office rents in Singapore in 2018. Based on Colliers International’s research, average CBD Grade A office rent rose by 2.4%...
ESR buys development site in Australia, reaches A$1.8bn pipeline
ESR, the Asia-Pacific logistics real estate platform with over US$20 billion in assets under management, has purchased a prime 20.8 ha development site for...
AXA IM Alts raises €4bn for global CRE debt platform
AXA IM Alts has raised over €4 billion for its global commercial real estate (CRE) debt platform in the past year.
The platform, which...
AXA IM Alts buys two senior housing assets in Japan for €34m
AXA IM Alts has acquired a portfolio comprising two city centre senior housing assets in northern Japan, on behalf of clients, for c. €34...
Accor sells stake in Huazhu for €239m
Accor has sold a 1.5% stake in Huazhu Group Limited, a multi-brand hotel management company in China, for €239 million.
Accor said, after this transaction, it owns a 3.3% stake in Huazhu and...
Lendlease, Google end development agreements for $15bn Bay Area project
Lendlease and Google have mutually reached an agreement to end the development services agreements of the four master-planned districts in San Jose (Downtown West),...
