Australia’s industrial sector records strongest ever quarter, says RCA
Australia's commercial property sales moved up a gear in the second quarter, with the industrial sector posting the strongest ever quarterly deal flow, the latest Australia...
Boston Properties to buy office building in Seattle for $465m
Boston Properties (BXP) has agreed to acquire Safeco Plaza, a 50-story, 800,000 square-foot, LEED-Platinum certified, Class A office building in Seattle, Washington.
Boston Properties said...
ESR Australia increases logistics investments with new commitments
ESR Australia is expanding its core plus logistics strategy with a A$600 million commitment to the newly established ESR Australia Logistics Partnership II (EALP...
CBRE Global Investors adds four assets to self-storage portfolio
A fund sponsored by CBRE Global Investors has added four self-storage assets totaling 3,746 units across 296,286 square feet to its portfolio in the...
Asia Capital Real Estate closes $325m credit fund
Asia Capital Real Estate (ACRE) has raised over $325 million of commitments for its fourth fund, ACRE Credit I, exceeding its initial $300 million...
Hudson Pacific, Blackstone to build Los Angeles area studio facility
Hudson Pacific Properties and Blackstone have unveiled plans to build a studio facility, Sunset Glenoaks Studios, in Sun Valley, California.
The studio facility will be...
GCP raises $2.3bn for North American logistics real estate fund
Los Angeles-based GLP Capital Partners (GCP) has raised $2.3 billion for its North American logistics real estate fund, GLP Capital Partners IV, exceeding its...
GLP closes $700m China logistics fund
GLP has announced the closing of its RMB4.5 billion (US$700 million) China onshore income vehicle, GLP China Income Fund III (GLP CIF III).
In April, GLP had...
Boston Properties acquires office property in Midtown South for $300m
Boston Properties (BXP) has agreed to acquire 360 Park Avenue South, a 20 story office property located at the southwest corner of Park Avenue...
Keppel Pacific Oak US REIT to buy two office buildings for US$105.1m
Singapore-listed Keppel Pacific Oak US REIT (KORE) is acquiring two office buildings, Bridge Crossing in Nashville, Tennessee, and 105 Edgeview in Denver, Colorado.
''The estimated...
Foreign investment in US residential real estate falls to lowest since 2011
International buyers purchased 107,000 U.S. residential properties totaling $54.4 billion from April 2020 through March 2021, a 31% and 27% decrease, respectively, from the...
CBRE Global Investors buys logistics property in Maryland
CBRE Global Investors, through one of its sponsored funds, has acquired an 889,608-square-foot bulk logistics property in Aberdeen, Maryland.
Fund now owns 2.24 million...
