Fannie Mae predicts Fed to cut rates by 50 bps at its next meeting
The COVID-19 (coronavirus) outbreak and sharp decline in oil prices will likely cause a decrease in U.S economic growth, according to the latest commentary from the...
Savills acquires project management firm in North America
Savills plc, the international real estate advisor, has acquired Macro Consultants LLC, a project management firm in North America.
The acquisition completed on 11 March 2020 and is...
MISUMI to relocate North American HQ to Schaumburg Corporate Center
MISUMI, a global supplier of configurable components, announced the relocation of its North American corporate headquarters to Glenstar’s Schaumburg Corporate Center located at 1475...
Allianz Real Estate to become part of PIMCO
PIMCO and its parent company Allianz Group, have agreed to transition the management and oversight of Allianz Real Estate to PIMCO. Allianz Real Estate...
Colliers to acquire engineering services firm in U.S
Commercial real estate services and investment management firm Colliers International has entered into an agreement to acquire a controlling interest in Maser Consulting P.A....
Paramount to sell 1899 Pennsylvania Avenue for $115m
Paramount Group, Inc. (NYSE: PGRE) has entered into an agreement to sell 1899 Pennsylvania Avenue, a 191,000 square foot office building located in Washington,...
Nuveen Real Estate’s U.S. Cities Industrial Fund raises $660m
Nuveen Real Estate, one of the largest real estate investment managers globally with $130 billion of assets under management, has raised $660 million to...
Cushman & Wakefield acquires US multifamily property management firm
Cushman & Wakefield has acquired Pinnacle Property Management Services, LLC, the third largest multifamily property management firm in the U.S.
''The acquisition establishes a...
PGIM’s real estate businesses complete over $35bn in transactions worldwide in 2019
The real estate businesses of PGIM completed over $35 billion in transactions worldwide in 2019. The volume represents a total of 954 transactions and...
Google announces $10 billion investment for 2020 in U.S
Sundar Pichai, CEO of Google and Alphabet announced that Google will invest more than $10 billion in offices and data centers across the United...
U.S commercial property prices continue to rise in January
U.S commercial property prices rose 7.0% y-o-y in January and gained 0.5% on the month, in line with recent increases, according to the...
Ocean West led group buys student housing property at UC Davis
An investment group led by Ocean West Capital Partners (Ocean West), Tiger Alternative Investors, Ltd., Korea Investment & Securities Co., Ltd. and Landmark Properties...
