Welltower to acquire seniors housing portfolio for $1.58bn
Welltower Inc., an S&P 500 company headquartered in Toledo, Ohio, has agreed to acquire a portfolio of 86 seniors housing properties, currently owned by Holiday Retirement, for $1.58 billion.
The portfolio includes...
Blackstone to buy Home Partners of America for $6bn
Blackstone Real Estate Income Trust, Inc. (BREIT) has agreed to acquire Home Partners of America (HPA) for $6 billion.
Chicago-based Home Partners of America...
Ascott to acquire two properties in Paris and Hanoi for S$210m
Singapore-based CapitaLand’s wholly owned lodging business unit The Ascott Limited (Ascott) has agreed to acquire two properties in Paris, France and Hanoi, Vietnam for...
Suntec REIT sells 30% interest in 9 Penang Road for S$295.5m
Suntec REIT has sold its 30% interest in 9 Penang Road, UBS Singapore business hub, to Haiyi Holdings Pte. Ltd. for S$295.5 million or...
Bahrain’s GFH exits from US industrial portfolio
Bahrain-based GFH Capital Limited, a fully owned subsidiary of GFH Financial Group, has agreed to exit from its US industrial portfolio. The value of the deal was not disclosed.
GFH...
W. P. Carey invests $137m in three industrial properties
W. P. Carey Inc. has invested $137 million in three industrial properties, covering approximately two million square feet.
W. P. Carey said the investments...
Blackstone makes $3bn offer for Soho China
Private equity firm Blackstone Group has made an offer worth US$3.05 billion (HK$5 per share) to acquire Beijing-based office developer SOHO China.
''The offer price...
Westcore buys two distribution warehouses in California for $108m
Westcore has acquired two distribution warehouses in California for a combined total of more than 1.4 million square-feet of space.
Westcore acquired the properties, located at 2801...
USAA Real Estate sells luxury resort in San Antonio
USAA Real Estate has sold La Cantera Resort & Spa to affiliates of Ohana Real Estate Investors in San Antonio.
The Resort has been...
Hines to build Melbourne’s tallest timber office building
Hines will start construction on Melbourne’s tallest mass-engineered timber office building in Q3 2021.
Located just 2 kilometers from the CBD, 36 Wellington Street will...
KBS sells industrial property in Austin
KBS has sold SouthPark Commerce Center, a four-building, 100% leased, 372,763-square-foot Class A industrial/flex park in Austin, Texas, to BentallGreenOak on behalf of an institutional investor.
“Austin...
JV breaks ground on 1.1 msf logistics facility in Riverside County, California
A joint venture between The Newport Beach Business Unit of Trammell Crow Company (TCC) and Clarion Partners LLC. has started construction on Knox Logistics...
