PGIM Real Estate closes $2bn global data center fund
PGIM Real Estate has closed its first Global Data Center Fund (GDCF), raising $2 billion to invest in the rapidly growing data center sector....
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...
Nuveen names Chad W. Phillips as global head of real estate
Nuveen has appointed Chad W. Phillips as Global Head of Nuveen Real Estate, effective immediately.
The leadership transition follows the retirement decision of Chris...
Japanese firms enter UK market with 21 Moorfields stake acquisition
Sotetsu Urban Creates and Yasuda Real Estate have made their first foray into the UK real estate market by acquiring a 20% stake in...
Global real estate outlook 2025: Cautious optimism amid political and economic uncertainty
Real estate leaders across the globe are preparing for another challenging year in 2025, bracing for persistent uncertainties fueled by inflation, geopolitical instability, and...
Blackstone closes $8bn real estate debt fund
Blackstone has announced the final close of its latest real estate debt fund, Blackstone Real Estate Debt Strategies V, securing approximately $8 billion in...
GLP completes $3.7bn sale of GCP International to Ares
GLP has announced the completion of the sale of GCP International to Ares Management Corporation.
The deal, initially disclosed on October 8, 2024, is...
Global office sector investment rises over 7% in 2024, says Savills
Investment turnover in the global office sector rose by more than 7% in 2024, increasing from $164 billion to $176 billion, according to international...
Investors set to increase Asia Pacific hotel allocations in 2025
CBRE has unveiled the findings of its 2025 Asia Pacific Hotel Investor Intentions Survey, highlighting a surge in investor interest in the region’s hotel...
Keppel DC REIT offloads Frankfurt data centre in €50m deal
Keppel DC REIT Management Pte. Ltd., the manager of Keppel DC REIT, has announced the sale of its 100% freehold interest in Kelsterbach Data...
Global commercial property market embarks on recovery amid challenges
The global commercial property market embarked on a slow path to recovery in 2024, following a downturn triggered by an interest rate shock. The...
PAG closes real estate investment fund at $4bn
Asia Pacific-focused alternative investment firm PAG has closed its SCREP VIII fund with a total of $4 billion in capital commitments, including co-investment capital....
