Harrison Street divests student housing portfolio in $893m deal
Harrison Street has announced the sale of a student housing portfolio valued at $893 million.
The sale includes 14 properties with a total of...
JLL appoints EMEA CEO Guy Grainger as global sustainability head
JLL has appointed its EMEA CEO Guy Grainger as Global Head of Sustainability Services & ESG, effective January 1, 2021.
Guy Grainger has led...
Rexford buys industrial portfolio from Blackstone for $1bn
Rexford Industrial Realty has acquired about 3 million square feet of industrial properties from Blackstone Real Estate.
The deal involved multiple transactions with different...
WeWork announces SoftBank deal, Adam Neumann to become board observer
SoftBank Group Corp. and WeWork’s parent organization The We Company announced an agreement under which SoftBank commits to provide significant funding to WeWork.
The agreement includes...
University of California to invest $4bn in Blackstone REIT
The Office of the Chief Investment Officer of the Regents of the University of California (UC Investments) and Blackstone have formed a long-term...
Urban Edge buys mall in Massapequa, NY from URW for $29.7m
Urban Edge Properties announced that it has acquired Sunrise Mall in Massapequa, New York from Unibail-Rodamco-Westfield (URW) for $29.7 million plus up to $6...
CBRE Global Investors buys historic San Francisco office building
A fund sponsored by CBRE Global Investors has acquired 123 Townsend Street, a 137,625-square-foot office building in San Francisco’s SoMa neighborhood. The purchase price...
Blackstone acquires $1bn performing senior mortgage loan portfolio from PBB
Blackstone Real Estate Debt Strategies has acquired a $1 billion performing senior mortgage loan portfolio from leading German lender, Deutsche Pfandbriefbank (PBB).
The portfolio...
Azora Capital enters US market by joining forces with Exan
Madrid-based European private equity manager Azora Capital is entering the U.S. real estate market through the creation of Azora Exan by joining forces...
Roark Capital to acquire Subway for $9.6bn
Atlanta-based private equity firm Roark Capital has agreed to acquire Subway, one of the world's largest quick-service restaurant brands.
While Subway and Roark Capital did not...
WeWork launches $2.9bn real estate investment platform
The We Company, WeWork's parent firm, has launched ARK, its a new $2.9 billion global real estate acquisition and management platform.
''ARK builds on the...
SBB, Castlelake joint venture generates SEK 5.2bn in cash for SBB
Swedish real estate firm Samhällsbyggnadsbolaget i Norden AB (SBB) has reached an agreement to form a joint venture, SBB Infrastructure AB, with global alternative...
