CRE Herald named winner at Global Business Awards by Corporate Vision
CRE Herald is thrilled to announce that it has been named the ‘Best Commercial Real Estate News Platform 2023’ award at the prestigious Global Business...
TA Realty closes value-add fund at $1.8bn
TA Realty LLC has announced the final close of TA Realty Value-Add Fund XIII with total equity commitments of approximately $1.8 billion.
Fund XIII is...
King Street raises $1bn for third opportunistic real estate fund
Global investment firm King Street Capital Management has announced the final close of its third opportunistic real estate fund, Real Estate Fund III, with...
Real estate tech strategies advance AI, workplace and sustainability
Commercial real estate occupiers are willing to put their money where the tech is, according to new research data from JLL's 2023 Global Real Estate...
Longpoint raises $940m for third institutional fund
Boston-based real estate investment firm Longpoint has announced the final closing of its third institutional fund, Longpoint Fund III, L.P. (Fund III).
Fund III was oversubscribed,...
WeWork names new chief executive officer
WeWork has appointed David Tolley as Chief Executive Officer.
Tolley has served as a WeWork Board Member since February 2023 and as interim Chief...
PGIM Real Estate launches innovation lab to develop new real asset technologies
PGIM Real Estate has launched RealAssetX, an innovation lab to research, develop and invest in technology that aims to accelerate advancements in the real...
JLL appoints Patrick Saade as head of global hotels desk
JLL has apponted Patrick Saade as head of the JLL Hotels & Hospitality group global hotels desk.
Saade joins the global Hotels & Hospitality leadership...
Brookfield to acquire Banks Group’s renewable business
North East England family firm The Banks Group is selling its renewable energy division, Banks Renewables, to the global asset manager Brookfield.
The Banks Group,...
KKR sells US industrial real estate portfolio for $560m
Global investment firm KKR has divested over 5 million square-feet (SF) of industrial warehouse and distribution properties for over $560 million.
The dispositions were...
Värde raises $1.5bn for asset-based lending opportunities
Global alternative investment firm Värde Partners has raised nearly $1.5 billion for asset-based lending opportunities through The Värde Asset Lending Fund II and related...
Public Storage completes $2.2bn acquisition of Simply Self Storage
Public Storage has completed the previously announced acquisition of Simply Self Storage from Blackstone Real Estate Income Trust for $2.2 billion.
The portfolio comprises 127...
