Brookfield Property Partners receives unitholder approval for privatization deal
Brookfield Property Partners (BPY) unitholders have approved the previously announced the acquisition of all of the limited partnership units of BPY by Brookfield Asset...
Investcorp fund acquires five US multifamily properties for $420m
A fund managed by Investcorp has acquired five new US multifamily properties across Arizona, Texas and Georgia for $420 million.
Investcorp said the portfolio...
Black Creek Industrial REIT IV buys industrial portfolio from Prologis for $920m
Black Creek Industrial REIT IV, a fund managed by Ares Management Corporation, has acquired 48 industrial properties totaling 8.3 million square feet from affiliates...
Skanska sells remaining stake in Bank of America Tower in Houston
Skanska has sold its remaining 10 percent ownership stake in Bank of America Tower in Houston, Texas, USA, for approximately $24 million to an affiliate of...
Blackstone to buy affordable housing assets from AIG for $5.1bn
American International Group, Inc. (AIG) said Wednesday that it has agreed to sell a 9.9% equity stake in its Life & Retirement businesss to...
BentallGreenOak buys industrial assets in Canada
BentallGreenOak (BGO) has announced the acquisition of Buildings 1, 2 and 3 of the Henday Industrial Park, located in Edmonton, AB, on behalf of...
Boston Properties, CPP Investments and GIC form US office property partnership
Boston Properties, Inc.(BXP), Canada Pension Plan Investment Board (CPP Investments) and Singapore’s sovereign wealth fund GIC have established a co-investment program for future acquisitions...
Park Hotels & Resorts to sell two San Francisco hotels for $303.5m
Park Hotels & Resorts (Park) on Tuesday said it has agreed to sell Le Meridien San Francisco and Hotel Adagio, Autograph Collection (San Francisco, CA) for...
Monmouth Real Estate gets new unsolicited acquisition proposal
Monmouth Real Estate Investment Corporation (Monmouth) has received an unsolicited acquisition proposal from an unnamed investment firm.
Monmouth identified the buyer as a 'large private...
KKR buys residential building in Phoenix
KKR has acquired The District at Scottsdale, a 332-unit Class A residential building in Phoenix. The purchase price was not disclosed.
Constructed in 2019, The District...
GFH sees positive outlook for US student housing, buys portfolio
Bahrain-based financial investment group GFH Financial Group has agreed to acquire a $100 million student housing portfolio in the United States in partnership with Student...
CBRE Global Investors buys mixed-use logistics asset in Orange County, California
CBRE Global Investors has purchased a mixed-use logistics asset in Orange County, California.
The 395,673-square-foot asset, known as Irvine Crossing, is a fully leased...
