Consortium invests A$1.67bn in Moorebank Logistics Park
A consortium comprising AustralianSuper, TCorp (NSW Treasury Corporation), Ivanhoé Cambridge, Logos and AXA IM Alts has acquired Australia’s largest intermodal logistics facility located at...
Keppel REIT sells interest in Brisbane office building for A$275m
Singapore-based Keppel REIT has divested its 50% interest in 275 George Street, a 31-storey freehold office building, in Brisbane, Australia to Charter Hall Prime...
Hines makes another industrial acquisition in San Diego
Hines Global Income Trust has acquired Miramar Activity Business Center, comprising five industrial flex buildings in the Miramar submarket of San Diego.
The 161,000-square-foot complex...
DiamondRock sells hotel in New York City for $185m
DiamondRock Hospitality Company has completed the sale of the 725-room Lexington Hotel in New York City for $185.3 million.
Including the company's projected capital expenditures, the sale price...
CapitaLand exits from retail in Japan, invests in logistics assets
CapitaLand will invest about JPY 7.5 billion (S$90.8 million) in its second logistics asset in Japan.
The company has acquired freehold site to develop a four-storey...
CNN Center in Atlanta sells to joint venture
A joint venture between Florida-based commercial real estate company CP Group and funds managed by Miami-based Rialto Capital Management has acquired the CNN Center in...
MGM Resorts to acquire 50% interest in CityCenter for $2.12bn
MGM Resorts International has agreed to acquire Infinity World Development Corp's (Infinity World) 50 percent interest in CityCenter Holdings, LLC for $2.125 billion.
MGM Resorts...
Lendlease, Mitsubishi Estate form new JV for Sydney residential tower
Lendlease has established a joint venture with Mitsubishi Estate to deliver Residences Two, the second residential tower at One Sydney Harbour, Barangaroo.
Under the terms...
CBRE Group buys Union Gaming
Commercial real estate services and investment firm CBRE Group, Inc. has acquired Las Vegas-based Union Gaming, a boutique investment bank and advisory firm focused exclusively...
Savills IM expands Japan residential portfolio with $218m acquisition
Savills Investment Management (Savills IM) has added $218m (JPY24b) of assets to its residential portfolio in Japan.
The company has acquired 10 assets located in...
Dexus fund buys two Brisbane developments for $130m
Dexus Healthcare Property Fund (DHPF) has purchased Spring Hill Medical Centre at 525 Boundary Street, Spring Hill and Herston Car Park at 43 Butterfield...
Suntec REIT expands its footprint in London with office building acquisition
Singapore-listed Suntec REIT has agreed to acquire a 100% interest in a Grade A office building with ancillary retail, The Minster Building, located in...
