Bahrain’s GFH buys $2bn Amazon-leased logistics portfolio in US
Bahrain-based financial investment group GFH has acquired an Amazon-leased logistics warehouse portfolio valued at more than US$2 billion.
The portfolio, comprised of 14 mission-critical logistics assets strategically...
PropTech firms optimistic about growth of their market, says KPMG survey
Real estate companies are increasing their engagement with digital, with 58 percent stating they have a digital strategy in place, up from 52 percent...
Blackstone acquires majority stake in ASK Investment Managers
Blackstone-managed private equity funds have acquired a majority stake in ASK Investment Managers Limited (ASK), one of India's largest asset and wealth management companies,...
Canadian REIT sells UK healthcare portfolio for £500m
Canada-based Northwest Healthcare Properties Real Estate Investment Trust has sold its UK portfolio for £500 million (C$885 million).
The REIT's UK portfolio was sold...
SL Green sells interests in two multifamily properties for $992m
SL Green Realty Corp. has agreed to sell its 20% interest in 605 West 42nd Street, also known as “Sky”, for $858.1 million and,...
Singapore’s CDL announces its single largest investment in China
Singapore-listed City Developments Ltd(CDL) announced that it has entered into agreements to invest RMB 5.5 billion (approximately S$ 1.1 billion) in Sincere Property Group,...
Värde raises $1.5bn for asset-based lending opportunities
Global alternative investment firm Värde Partners has raised nearly $1.5 billion for asset-based lending opportunities through The Värde Asset Lending Fund II and related...
Stratus to sell mixed-use property in Austin for $260m
Stratus Properties Inc. has agreed to sell Block 21, a mixed-use entertainment, lodging, office and retail complex located in downtown Austin, Texas, to Ryman...
Tricon forms $1.5bn JV to expand single-family rental portfolio
Tricon Residential Inc. has formed a new joint venture with Pacific Life Insurance Company and a global investor to acquire newly built single-family rental homes targeting the...
Google plans to invest $7bn in US offices, data centers this year
Google plans to invest over $7 billion in offices and data centers across the U.S. and create at least 10,000 new full-time Google jobs...
Prologis completes $25bn of investment activity in 2020
Global logistics real estate company Prologis, Inc. announced that it has completed $25 billion of investment activity on an owned and managed basis in 2020.
''From the...
Gap to build new distribution center in Longview, Texas
Gap Inc. announced Wednesday that it will invest $140 million to build a new distribution center in Longview, Texas to reach its future plans...
