GIC, Phoenix Mills to form JV for retail-led mixed-use assets in India
GIC, Singapore’s sovereign wealth fund, and India's retail led mixed-use developer The Phoenix Mills Ltd (PML) have entered into a strategic partnership to form...
KKR, TIGA Investments to buy The Executive Centre
A consortium led by KKR and Singapore-based company TIGA Investments will acquire The Executive Centre (TEC), a flexible office space provider in the Asia...
JLL Income Property Trust secures $650m credit facility
JLL Income Property Trust has secured a $650 million credit facility with a syndicate of eight market-leading real estate lenders.
The credit facility contains a $415 million revolving line...
WeWork, Softbank fund form JV in Latin America
WeWork said Wednesday it has formed a joint venture with SoftBank Latin America Fund to grow its business in Latin America.
The joint venture agreement...
Asia Pacific commercial property investment sales rise 12% y-o-y in Q1 2021
The commencement of COVID-19 vaccination programmes and an improving economic outlook contributed to a steady increase in commercial property leasing and capital markets activity...
KKR adds industrial assets to Phoenix portfolio
KKR has purchased a three building industrial portfolio located in highly infill locations in Phoenix, Arizona from a joint venture between PCCP, LLC and Hopewell Development LP.
All three...
KBS sells Class A office complex in New Jersey for $88m
KBS has sold Woodbridge Corporate Plaza, a six-building Class A office complex in Iselin, New Jersey to Ramapo, New York based Northeast Capital Group...
PG&E to sell San Francisco headquarters complex for $800m
PG&E Corporation and Pacific Gas and Electric Company (PG&E) has agreed to sell its San Francisco headquarters complex, which includes 77 Beale Street and...
Dalfen Industrial makes second acquisition in Fort Worth
Dalfen Industrial has purchased a 100% occupied, 98,666 square feet property, West Tarrant Distribution Center, in West Fort Worth.
Dalfen Industrial said this is the second...
AXA IM Alts buys two residential towers in Northern Japan for €34m
AXA IM Alts has acquired, on behalf of clients, two residential towers in Sendai City, Northern Japan for ¥4.2bn (€34m).
Totalling 10,000 sqm, the residential...
Hines Global acquires 396,000 sq ft office building in Washington, D.C
Hines Global Income Trust, Inc. (Hines Global) has bought 1015 Half Street, a 396,000-square-foot trophy office building in Washington, D.C.
Hines Global said 1015 Half...
Macquarie buys equity interest in Sydney office building for $A140m
Macquarie Asset Management said it has acquired a 50.1% equity interest in 60 Carrington Street, a prime office building in Sydney, for $A140 million...
