Demand for rental apartments remains high, says Empira Group

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...
Macquarie, LaTerra form self-storage development joint venture

Macquarie, LaTerra form self-storage development joint venture

Los Angeles-based apartment development company LaTerra Development has established a self-storage development platform and formed a joint venture with a fund managed by Macquarie...
Unifore snaps up office building in Zoetermeer

Unifore snaps up office building in Zoetermeer

Amsterdam-based Unifore Real Estate has purchased the Europe Palace office building in Zoetermeer, the Netherlands. The firm acquired the property from a fund affiliated with...
L Catterton Real Estate and QIC to redevelop South Bay Galleria in California

L Catterton and QIC to redevelop South Bay Galleria in California

L Catterton Real Estate and QIC Global Real Estate announced a strategic partnership to jointly redevelop South Bay Galleria in Redondo Beach, California. As part...
PGIM Real Estate has appointed Cathy Marcus and Raimondo Amabile as co-chief executive officers, effective Oct. 1, 2023.

PGIM Real Estate appoints new co-CEOs

PGIM Real Estate has appointed Cathy Marcus and Raimondo Amabile as co-chief executive officers, effective Oct. 1, 2023. Marcus and Amabile will jointly run...
CityCenter to sell two-acre parcel land in Las Vegas for $80m

CityCenter to sell two-acre parcel land in Las Vegas for $80m

CityCenter Holdings, LLC, a venture between MGM Resorts International and Infinity World Development Corp, has agreed to sell its two-acre site in Las Vegas...
Kering pays $963m for Fifth Avenue property in New York City

Kering pays $963m for Fifth Avenue property in New York City

French-based global luxury group Kering has acquired a prestigious New York City property located at 715-717 Fifth Avenue, on the south-east corner of 56th...
Park Hotels sells hotel in Los Angeles for $117m

Park Hotels sells hotel in Los Angeles for $117m

Park Hotels & Resorts Inc. has sold the 182-room Ace Hotel Downtown Los Angeles, located in Los Angeles, CA, for $117.0 million. “We are very...
SL Green announces sale of 400 East 58th Street for $62 million

SL Green announces sale of 400 East 58th Street for $62 million

SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, together with its joint venture partner, today announced that it has entered into a...
Cushman & Wakefield arranges $210m sale of trophy office tower in Chicago

Cushman & Wakefield arranges $210m sale of trophy office tower in Chicago

225 West Wacker Drive, a 650,812-Square-Foot Riverfront Office Tower, Is Home to Cushman & Wakefield’s Headquarters Cushman & Wakefield (NYSE: CWK) announced that the real...
Class A office building in Philadelphia

Arden Group, Silverstein and Migdal pertner acquire Class A office building in Philadelphia

Silverstein Properties, Arden Group and Migdal Insurance announced that they have entered into a partnership to purchase and manage 1735 Market Street, a 1.3...
Greystar acquires property management business of Alliance Residential

Greystar acquires property management business of Alliance Residential

Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development, and management of high-quality rental housing properties, today announced the acquisition...

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