Ascendas Reit acquires two office properties in San Francisco for US$560.2m

Ascendas Reit acquires two office properties in San Francisco for US$560.2m

Singapore-listed business space and industrial real estate investment trust, Ascendas Real Estate Investment Trust (Ascendas Reit) has agreed to acquire two office properties located...
JCPenney gets court approval for asset purchase agreement

JCPenney gets court approval for asset purchase agreement with Brookfield, Simon

JCPenney announced that the U.S. Bankruptcy Court for the Southern District of Texas has approved the asset purchase agreement with Brookfield Asset Management, Simon...
Empire State Realty Trust (ESRT) said that Swedbank, a Stockholm-based banking group, has signed a 7,905 sq ft. lease on the 45th floor at the Empire State Building.

Stockholm-based banking group signs lease at Empire State Building

Empire State Realty Trust (ESRT) said that Swedbank, a Stockholm-based banking group, has signed a 7,905 sq ft. lease on the 45th floor at the Empire...
U.S commercial, multifamily loan originations decrease 47% in Q3 2020

U.S commercial, multifamily loan originations decrease 47% in Q3 2020

U.S. commercial and multifamily mortgage loan originations decreased 47 percent in the third quarter of 2020 compared to the same period last year, and...
Americold buys warehouse company in New Jersey for $480m

Americold buys warehouse company in New Jersey for $480m

Americold Realty Trust has acquired Hall’s Warehouse Corporation (Hall’s), a third party logistical service, storage and warehouse provider, based in South Plainfield, New Jersey for...
Ventas, GIC form research & innovation development JV

Ventas, GIC form research & innovation development JV

Ventas, an S&P 500 company, announced it has formed a joint venture with GIC, a global investment firm established in 1981 to manage Singapore’s...
Barings appoints Mike Freno as new CEO

Barings appoints Mike Freno as new CEO

Global investment manager Barings has appointed Mike Freno as chairman and chief executive officer (CEO). Mike Freno will succeed Tom Finke who has served as chairman and...
Blackstone appoints Eric Duchon as Global Head of Real Estate ESG

Blackstone appoints Eric Duchon as Global Head of Real Estate ESG

Blackstone has appointed Eric Duchon as Global Head of Real Estate ESG. Eric Duchon will work closely with Real Estate Asset Management teams across...
SL Green sells Manhattan office property for $952m

SL Green to sell Manhattan office property for $952m

SL Green Realty has agreed to sell 410 Tenth Avenue, the 636,000-square-foot Manhattan office redevelopment anchored by Amazon and First Republic Bank, for $952.5...
COPT, Blackstone form new $293m data center shells joint ventures

COPT, Blackstone form new $293m data center shells joint venture

Corporate Office Properties Trust (COPT) has formed a new joint venture with funds affiliated with Blackstone Real Estate. COPT said the new joint...
JV sells medical real estate portfolio for $240m

JV sells medical real estate portfolio for $240m

The joint venture between The Sanders Trust, the healthcare real estate investment and development company and Harrison Street, has sold a portfolio of medical...
CBL Properties files for voluntary Chaper 11 bankruptcy protection

CBL Properties files for voluntary Chaper 11 bankruptcy protection

CBL Properties said on Monday that CBL & Associates Properties, Inc., CBL & Associates Limited Partnership (the Operating Partnership), and certain other related entities...

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