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...
Lowe, Related JV starts construction of office building in Los Angeles
A joint venture between Los Angeles-based Lowe and Related Fund Management (RFM), the investment management affiliate of Related Companies, has begun construction of 113,000-square-foot,...
FedEx Logistics to move its global headquarters to Memphis
FedEx Logistics will move its global headquarters to Memphis.In a statement released, the former Gibson Guitar factory building will be the new campus.The company...
Demand for rental apartments remains high, says Empira Group
The Empira Group, an investment manager for institutional real estate investments in the DACH region, has completed its quarterly research report on the current...
Nuveen Global Cities REIT expands healthcare real estate portfolio
Nuveen Global Cities REIT (GCREIT) has acquired three medical office and life science properties across the U.S for $35 million.
The first property, 2945...
Bridge Industrial, PSP Investments form $550m US warehouse JV
Bridge Industrial and Canada's Public Sector Pension Investment Board (PSP Investments) has established a new joint venture to develop best-in-class modern warehousing in urban...
Rexford Industrial Realty buys four industrial properties for $84.5m
Rexford Industrial Realty, a real estate investment trust focused on owning and operating industrial properties located in Southern California infill markets, has acquired four...
Easterly Government Properties JV to buy VA-leased portfolio for $636m
Easterly Government Properties Wednesday announced it has formed a joint venture with a global real estate investor.
The joint venture will serve as the investment...
US construction starts move lower in January
Total construction starts in the U.S slipped 6% from December to January to a seasonally adjusted annual rate of $759.2 billion, according to Dodge Data...
NexPoint to acquire self-storage REIT for $900m
Jernigan Capital(JCAP), a New York Stock Exchange-listed real estate investment trust (REIT), an owner of self-storage facilities, has entered into a definitive merger agreement...
Bell Partners sells apartment communities for $1.8bn
Bell Partners said Tuesday it has sold 23 apartment communities located across the United States for over $1.8 billion.
“We are thrilled to deliver...
UK pension fund commits $90m to Heitman’s North American real estate strategy
Heitman has secured a $90 million allocation from Border to Coast, one of the UK’s largest pension pools with £55 billion under management.
The...
