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...
US student housing giant expands into UK and Ireland markets
U.S.-based student housing developer Landmark Properties has announced its expansion into the United Kingdom and Ireland.
Landmark is assembling a seasoned UK-based team spearheaded...
Scannell Properties to develop 31,600 sqm warehouse in France
Scannell Properties has purchased an 8-hectare former concrete factory in the ZAC Nord area of the town of Atton in the North East of...
Goldman Sachs raises over $7bn for real estate debt fund
Goldman Sachs Alternatives has announced the closing of the West Street Real Estate Credit Partners IV fund, exceeding its target and securing over $7...
Azora Exan adds Boston office building to portfolio
Madrid-based European real estate investment manager Azora, via its Azora Exan business, has purchased a Boston office building at 801 Boylston Street for $39...
Global commercial real estate prices continue to fall in Q1
Global commercial real estate pricing continued to fall in the first quarter of 2024, as deal activity remained sluggish across most major global cities,...
WP Carey seals €80m sale-leaseback deal for industrial and R&D portfolio
W. P. Carey has closed a €80 million sale-leaseback transaction in March 2024, involving an industrial and R&D portfolio totaling approximately 103,000 square meters.
The...
Brookfield to invest $1.5bn in Castlelake
Brookfield Asset Management has agreed to acquire a 51% stake in global private investment firm Castlelake’s fee-related earnings.
The amount of capital to be invested...
CPIPG closes sale of Swiss ski resort business to Vail Resorts
CPI Property Group (CPIPG) has completed the sale of our ski resort business in Crans Montana, Switzerland.
CPIPG sold approximately 84% of the shares of...
Riverside to acquire Townsend Group from Aon
Global investment firm The Riverside Company has agreed to acquire The Townsend Group, a provider of global real estate and real asset investment advisory services, from Aon...
US investors see value in UK CRE market, London takes center stage
A recent analysis by BNP Paribas Real Estate shows a significant surge in UK commercial real estate (CRE) investment from US investors in Q1...
Global prime office rents up modestly, net effective costs surge in low-occupancy regions
Prime office rents in major global cities have witnessed a modest rise of 1.1% year-over-year (YoY) as of Q1 2024, according to Savills' latest...
