Latch to merge with Tishman Speyer-backed SPAC to go public
Latch Inc., a maker of smart locks and building-management software, and TS Innovation Acquisitions Corp., a special purpose acquisition company (SPAC) sponsored by global real...
JLL appoints new head of diversity and inclusion
JLL has appointed Ingrid Jacobs as global Head of Diversity and Inclusion.
In this newly created global role, she will be responsible for further developing JLL's global...
Godiva to close 128 stores in North America
Godiva has decided to close or sell all 128 of its brick-and-mortar stores in North America by the end of the first quarter in...
Blackstone REIT, LBA announce $1.6bn industrial recapitalization
Blackstone Real Estate Income Trust, Inc. (BREIT) and LBA Logistics (LBA) announced the recapitalization of two industrial portfolios owned by LBA comprising $1.6 billion...
ESRT signs two new leases at One Grand Central Place
Empire State Realty Trust, Inc.(ESRT) has signed two new leases for a total of 49,999 square feet at its One Grand Central Place, a 56-story...
Neuberger Berman arm invests $320m in Asia Capital Real Estate
Asia Capital Real Estate (ACRE), a global real estate private equity firm, has obtained a $320 million capital commitment from a fund managed by...
Hines sells industrial logistics facility in Santa Ana for $113.5m
Hines announced that it has completed the sale of 515 E. Dyer, an industrial logistics facility in Santa Ana, California for $113.5 million.
The 373,942-square-foot...
Industrial, apartment sectors accelerate US CRE price growth in December
U.S. commercial real estate (CRE) prices increased by 7.3% year-over-year in December, according to the latest Real Capital Analytics (RCA) CPPI (Commercial Property Price Indices) report....
Tuesday Morning sells 1.2 msf Dallas industrial portfolio
Real estate private equity firm Pennybacker Capital Management, LLC and M2G Ventures, a North Texas-based real estate investment and development company, have purchased more than...
KBS sells Class A office property in Phoenix, Arizona for $103.5m
KBS has sold a 333,014 square-foot Class A office property, Anchor Centre, in Phoenix, Arizona to TerraCap for $103.5 million. The office property was owned by...
CPP Investments, Greystar, Cyrela JV to develop multifamily project in Brazil
Cyrela Brazil Realty (Cyrela), Canada Pension Plan Investment Board (CPP Investments) and Greystar Real Estate Partners, LLC (Greystar) have formed a venture with real...
BioMed Realty buys Assembly Square site in Somerville, Massachusetts
Blackstone portfolio company BioMed Realty has acquired an existing 162,000 square foot office building and adjacent 7.5 acre site at Assembly Square in Somerville,...
