AustralianSuper invests €1.5bn in Vantage Data Centers EMEA
Australia’s largest pension fund AustralianSuper is investing €1.5 billion to acquire a significant minority stake in Vantage Data Centers Europe, Middle East and Africa (Vantage EMEA),...
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...
Madison International Realty raises $1.7bn for real estate fund
Madison International Realty has announced the final closing of Madison International Real Estate Liquidity Fund VIII, its latest commingled investment vehicle, with $1.7 billion...
URW sells shopping mall in California for $199m
Unibail-Rodamco-Westfield (URW) has sold Westfield Valencia Town Center, a regional mall in Santa Clarita, California, to Centennial Real Estate (Centennial) for $199 million, above...
Prologis commits $500m to European, US funds
Logistics real estate company Prologis announced Tuesday it had cleared all redemption requests as of June 30 for its two major strategic capital funds, Prologis European...
Vornado, Hudson Pacific, Blackstone to invest $350m in Manhattan studio campus project
Vornado Realty Trust, Hudson Pacific Properties, Blackstone, the City of New York, and New York City Economic Development Corporation (NYCEDC) have entered into Manhattan’s...
Rolls-Royce appoints JLL as global real estate facilities manager
Rolls-Royce, the multinational power and propulsion business, has selected JLL as its global real estate facilities manager.
JLL will run global facilities management (FM) operations...
Kimco Realty to acquire RPT Realty in $2bn all-stock deal
Kimco Realty, a real estate investment trust (REIT) headquartered in Jericho, N.Y, announced it has reached an agreement to acquire RPT Realty in an...
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...
Realty Income to invest $950m in Bellagio Las Vegas
Realty Income has agreed to invest approximately $950 million to acquire common and preferred equity interests from BREIT in a new joint venture that...
URW secures $925m financing for Los Angeles shopping center
Unibail-Rodamco-Westfield (URW) has secured $925m of new financing for Westfield Century City shopping center in Los Angeles, California, as part of its ongoing financial...
Delin Property appoints Tom Wattles as CEO
European logistics warehouse specialist Delin Property has appointed real estate industry veteran and Board member Tom Wattles as Chief Executive Officer.
Wattles replaces Rob Reiskin,...
