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...
Blackstone appoints new CEO for China logistics platform
Blackstone has appointed Peter Hwang as chief executive officer of DragonCor, the logistics platform in China owned and managed by Blackstone Real Estate funds....
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...
CPP Investments forms Japan data centre venture with Mitsui
Canada Pension Plan Investment Board (CPP Investments) has formed a data centre joint venture with Mitsui & Co. Ltd., one of Japan's largest general trading and...
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...
GLP J-REIT raises JPY 28 billion to acquire four logistics assets
Japanese real estate investment trust GLP J-REIT, managed by GLP Group, has raised JPY 28 billion (appr. US$253 million) through its first accelerated global...
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...
Arrow, Starwood get development approval for Sydney project
Arrow Capital Partners and Starwood Capital Group have received approval for their office towers project at St Leonards in Sydney.
The Sydney North Planning...
