KKR to buy student housing portfolio from Blackstone for $1.64bn
KKR has agreed to acquire a portfolio of 19 purpose-built student housing properties from Blackstone Real Estate Income Trust (BREIT) for $1.64 billion.
The over...
CRE Herald’s top 10 commercial real estate news stories in February
CRE Herald’s top 10 global commercial real estate (CRE) market news stories for the month.
Canada’s largest pension fund CEO resigns after COVID-19 vaccine travel
Mark Machin,...
Henderson Park snaps up Arizona Biltmore for $705m
London-based private equity real estate firm Henderson Park has acquired the Arizona Biltmore resort in Phoenix, Arizona, from Blackstone Real Estate for $705 million.
The iconic...
JBG Smith buys development site in National Landing
JBG Smith has acquired the former Americana Hotel situated directly across the street from Amazon’s future headquarters in National Landing.
The 1.4-acre Americana site in...
AXA IM Alts appoints Stephan Ackermann as Head of Client Group North America
AXA IM Alts has appointed Stephan Ackermann to the newly created role of Head of Client Group, North America.
AXA I Alts said this...
Blackstone appoints Janice Lin as head of real estate business in Canada
Blackstone is expanding its presence in Canada by establishing a Blackstone Real Estate office in Toronto.
The company has appointed Janice Lin to lead its...
Amazon Canada to open first fulfillment centre in Quebec
Amazon Canada plans to open its first fulfillment centre in Quebec. The new site will be located in Lachine on the island of Montreal.
The...
Mapletree Industrial Trust to acquire 60% interest in US data centre portfolio
Mapletree Industrial Trust (MIT), a real estate investment trust (REIT) listed on the Main Board of Singapore Exchange, has announced that its trustee DBS...
AREP sells Class-A office asset in Richmond
American Real Estate Partners (AREP) has sold Riverside on the James, a 263,752-square-foot Class-A office asset in Richmond, Virginia to Opal Holdings.
Located at...
Colliers to buy 65% stake in US real estate investment firm Rockwood
Colliers has agreed to invest in Rockwood Capital, a US real estate investment management firm with more than $12 billion of assets under management....
Harrison Street sells US healthcare real estate portfolio for $600m
Harrison Street has sold a portfolio of 27 healthcare properties in the United States to Canada-based REIT NorthWest Healthcare Properties for US$600 million.
The portfolio...
Inter Continental Hotels Group opens its 100th Hotel Indigo
Inter Continental Hotels Group has opened its 100th Hotel Indigo® property globally, Hotel Indigo® Berlin East Side Gallery.
The brand was established in 2004...
