EG Group sells convenience store portfolio in US for $1.5bn
UK-based independent convenience retailer EG Group has agreed to sell a portfolio of its sites on the east coast of the U.S. to Realty Income Corporation, an...
AFIAA buys Sydney office property from Brookfield
Swiss investment foundation AFIAA has acquired the 36 Carrington Street office and commercial property in Sydney from Brookfield for an undisclosed price.
The transaction...
Ascott buys serviced residence in Sydney for A$202M
Singapore-based CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott), has acquired a freehold serviced residence in the Central Business District of North...
Microsoft signs full-building lease in Atlanta
Microsoft Corporation has signed a lease agreement to occupy 523,000 square feet, the entirety of the two-building Atlantic Yards office property which is being...
Tishman Speyer closes its largest-ever transaction with ByteDance
Tishman Speyer has closed a transaction with Chinese technology company ByteDance to sell and lease a combined 2.55 million square feet of office and...
LCN raises $1.35bn for sale-leaseback funds
Private real estate investment firm LCN Capital Partners has raised over $1.35 billion in equity commitments for its third pair of sale-leaseback funds.
Its U.S. Dollar...
JLL survey finds CRE investors’ AI priorities are misaligned with returns
Global real estate investors are increasingly integrating artificial intelligence (AI) into their businesses, but the areas they consider most important are not necessarily delivering...
U.S. office asking rents rise 0.4% in May
U.S. office asking rents rose by 0.4% in May over the previous three-month period, to $36.33, according to Yardi Matrix National Office Report. The...
Hines unveils A$1bn office tower in Melbourne
Global real estate firm Hines has unveiled plans for 600 Collins, a A$1bn premium grade office tower project in the heart of Melbourne’s central...
Barings buys suburban Boston life science asset for $132m
Barings has purchased One Patriots Park, a nearly 144,000 square foot Class A life science asset in the Boston suburb of Bedford, Massachusetts, for $132 million.
The company...
GIC, ESR expand partnership in India with US$600m logistics joint venture
GIC and ESR Group have announced an 80:20 strategic partnership to establish a US$600 million joint venture (Core JV) to acquire income-producing core industrial...
Blackstone to acquire US logistics assets from GLP for $18.7bn
Blackstone Group LP has signed an agreement with Singapore-based GLP, a global investment manager specializing in logistics and related technology investments, to acquire GLP's...
