Prologis appoints new CFO
Prologis has appointed Tim Arndt as its new chief financial officer (CFO), effective April 1, 2022.
Arndt, who has been with Prologis since 2004, will succeed long-time CFO Tom...
Investcorp pays $640m for 64 industrial properties in US
Investcorp has expanded its US industrial portfolio with the acquisition of 64 properties totaling approximately 5.6 million square feet across seven major US markets...
Hines promotes Laura Hines-Pierce to co-CEO
Hines has promoted Laura Hines-Pierce to co-CEO of the firm, effective immediately.
Laura Hines-Pierce has served as Hines' senior managing director in the office...
WeWork forms global partnership with Upflex
WeWork has formed a strategic partnership with Upflex, a coworking aggregator and global flexible workplace startup, to establish a combined global network of over...
Carlyle to buy net lease asset portfolio from iStar for $3bn
iStar Inc. has agreed to sell a portfolio of its owned and managed net lease assets to an affiliate of Carlyle's Global Credit platform...
Ascott forms US student housing venture with Riyad Capital
Singapore-based CapitaLand’s wholly owned lodging business unit The Ascott Limited (Ascott) has formed a development venture totalling US$150 million (S$204.8 million) in committed equity...
Oaktree raises $3bn for third global real estate debt fund
Oaktree Capital Management has raised $3 billion for its third global real estate debt fund, Real Estate Debt Fund III (REDF III).
Oaktree said...
Skanska sells office campus in Houston for $147m
Skanska has sold West Memorial Place office campus in Houston, Texas, for $147 million (about SEK 1.3 billion), to a joint venture spearheaded by...
Westmount Realty Capital, Ares recapitalize 6.1 MSF industrial portfolio
Westmount Realty Capital has partnered with Ares Management Corporation to recapitalize a 51-asset industrial portfolio totaling 6.1 million square feet located in established industrial...
Centerbridge closes second real estate fund at $2.3bn
Centerbridge Partners has closed its second real estate fund, Centerbridge Partners Real Estate Fund II (CPREF II), with $2.3 billion in capital commitments, significantly above the...
Blackstone to buy Resource REIT for $3.7bn
Blackstone Real Estate Income Trust (BREIT) has agreed to acquire all of the outstanding shares of common stock of Resource REIT(REIT) for $14.75 per...
KKR buys real estate lender Merchants Mortgage
KKR has acquired real estate lending platform Merchants Mortgage Trust & Corporation (MMTC). Financial terms of the transaction were not disclosed.
KKR said it is investing...
