Skanska sells Beverly Hills office building for $71m
Skanska has sold the office building 9000 Wilshire in Beverly Hills, California, to a company based in Europe for about $71m.
The transaction will...
AXA IM Alts adds Orlando asset to US multifamily portfolio
AXA IM Alts has acquired a 285-unit multifamily asset in Orlando, Florida on behalf of clients.
Strategically located in Orlando, the asset was acquired...
TPG invests C$1.3bn in Oxford’s GTA industrial business parks
TPG has acquired a 75% interest in Oxford Properties Group's two Class-A industrial business parks in the Greater Toronto Area (GTA) for C$1.3 billion....
AXA IM Alts and Cabot complete New Jersey industrial roof solar project
A joint venture between AXA IM Alts and Cabot Properties has completed a 3.7 MW community solar project on the rooftop of an industrial...
Blackstone, CPP Investments and Rialto invest in $17bn CRE loan portfolio
Blackstone Real Estate Debt Strategies, Blackstone Real Estate Income Trust, Canada Pension Plan Investment Board through its subsidiary CPPIB Credit Investments III Inc. and...
Blackstone, Digital Realty form $7bn data center development joint venture
Digital Realty and Blackstone are establishing a $7 billion joint venture to develop hyperscale data centers in Europe and North America.
Blackstone-affiliated funds led by...
Skanska sells stake in LaGuardia Airport Terminal B in New York for $115m
Skanska has agreed to sell its entire 32% ownership of LaGuardia Gateway Partners LLC in New York, NY for $115 million.
The buyers are...
Ontario Teachers’ hires Pierre Cherki to lead global real estate operations
Ontario Teachers’ Pension Plan has announced the appointment of Pierre Cherki as the Executive Managing Director, Real Estate, effective January 22.
This is a...
Ares Management raises $3.3bn for real estate secondaries strategy
Ares Management Corporation has raised $3.3 billion of capital, which comprises the Landmark Real Estate Fund IX (LREF IX), General Partner commitments and affiliated vehicles, to invest in real...
SL Green sells 625 Madison Avenue in New York for $633m
SL Green Realty, together with its partners, has agreed to sell the fee ownership interest in 625 Madison Avenue for $632.5 million, or $1,123 per square foot, to...
Brookfield secures record $30bn for global infrastructure equity fund
Global alternative asset manager Brookfield Asset Management has announced the closing of its flagship global infrastructure equity fund, Brookfield Infrastructure Fund V (BIF V).
The...
Vail to acquire Crans-Montana ski resort in Switzerland
Vail Resorts, the New York Stock Exchange-listed mountain resort company, has agreed to acquire Crans-Montana Mountain Resort in Switzerland from CPI Property Group.
Vail Resorts is...
