Dalfen Industrial buys distribution facility from Clarion Partners
Dalfen Industrial has acquired a distribution facility, the Peachtree Distribution Center, from Clarion Partners at 17745 Lookout Rd in the East Dallas suburb of...
Coronavirus : Nordstrom closes stores in U.S and Canada
Nordstrom, Inc. announced that it would temporarily close its stores, including Nordstrom full-line, Nordstrom Rack, Trunk Club clubhouses and Jeffrey in the U.S. and Canada for two weeks, effective March 17, to limit the...
Goldman Sachs closes third real estate secondaries fund at $3.4bn
Goldman Sachs Alternatives has raised $3.4 billion for its third dedicated real estate secondaries fund, Vintage Real Estate Partners III.
Vintage Strategies at Goldman Sachs...
Clarion Partners fund enters San Diego life sciences market
Clarion Partners Real Estate Income Fund (CPREIF) has entered the San Diego life sciences market with the acquisition of Fusion Life Science HQ, a 121,541...
CBRE Global Investors closes $67m loan for Houston multifamily property
CBRE Global Investors, through one of its sponsored funds, has closed on a $67 million mortgage loan for Madera Residential to acquire a 432-unit...
Singapore’s GIC buys 25.1% stake in Lendlease International Towers Sydney Trust
GIC, Singapore’s sovereign wealth fund, with US$100 billion in assets under management, will acquire a 25.1% stake in Lendlease International Towers Sydney Trust (LLITST)...
Digital Realty to acquire 49% interest in Westin Building Exchange in Seattle
Digital Realty has signed an agreement with Clise Properties to acquire a 49% ownership interest in the Westin Building Exchange in Seattle, Washington. ...
Columbia, WeWork terminate lease at 149 Madison Avenue in Manhattan
Columbia Property Trust and WeWork have released a joint statement on Thursday regarding termination of WeWork’s lease at 149 Madison Avenue in Manhattan.
The statement...
Chris Fossick joins Native Land as non-executive director
Native Land has announced the appointment of Chris Fossick, a leading name in Asia's real estate sector, formerly the Chief Executive Officer of JLL...
PGIM RE provides $408m acquisition loan for industrial property portfolio
PGIM Real Estate has provided a $408 million senior loan facility to an institutional real estate investor for the acquisition of 11 Class A...
Black Creek acquires industrial distribution center in San Diego for $147.5m
Black Creek Group has acquired North County Corporate Center (NCCC), a five-building, 493,898-square-foot, industrial distribution campus in Vista, California from Barings for $147.5 million.
NCCC, the 100%...
Global prime office rents up modestly, net effective costs surge in low-occupancy regions
Prime office rents in major global cities have witnessed a modest rise of 1.1% year-over-year (YoY) as of Q1 2024, according to Savills' latest...
