TA Realty closes value-add fund at $1.8bn
TA Realty LLC has announced the final close of TA Realty Value-Add Fund XIII with total equity commitments of approximately $1.8 billion.
Fund XIII is...
Blackstone REIT completes $3.7bn acquisition of Resource REIT
Blackstone Real Estate Income Trust has completed its previously announced acquisition of all of the outstanding shares of common stock of Resource REIT for...
Sun Communities agrees £768m sale of UK assets to Aermont
US-listed REIT Sun Communities said it has agreed to sell its UK assets, including the Park Holidays business, to funds affiliated with Aermont Capital...
WeWork signs lease for Piedmont’s Class A trophy tower in Orlando
WeWork has signed lease agreement with Piedmont Office Realty Trust for Piedmont’s Class A trophy tower located at 200 South Orange Avenue, also known...
Korea’s JR AMC acquires Paris office building for $194m
South Korean real estate investment trust JR AMC has acquired an office building in Paris, Le Cristalia, for $194 million(220billion won) on behalf of...
KKR grows Phoenix presence with industrial property buy
KKR has purchased an approximately 226,000 square-foot, Class A industrial distribution property in the Papago industrial park, located in the highly infill Southwest Valley submarket of Phoenix,...
Realterm buys four industrial outdoor storage facilities in the Netherlands
US-based real estate and infrastructure assets investment manager Realterm has expanded its logistics real estate platform in Europe with the acquisition of four industrial...
SL Green sells 625 Madison Avenue in New York for $633m
SL Green Realty, together with its partners, has agreed to sell the fee ownership interest in 625 Madison Avenue for $632.5 million, or $1,123 per square foot, to...
AXA IM Alts begins construction of €220m Japanese logistics facility
AXA IM Alts announced it has begun construction of a Grade-A logistics facility on a 79,095 sqm site in Kisosaki, near Nagoya, Japan.
The development...
Ascott’s private equity fund buys freehold property in Tokyo
CapitaLand said its wholly owned lodging business unit Ascott would acquire a freehold asset in Tokyo, via the Ascott Serviced Residence Global Fund (ASRGF),...
Covid-19 Impact : Apple closes all retail stores outside of China
Apple announced in a statement that it has decided to temporarily close most of its retail stores outside Greater China for two weeks to...
BGO launches European hyperscale data center platform
Global real estate investment management firm BGO has announced the launch of BGO DataCenters, a new investment and development platform dedicated to delivering sustainable,...
