KBS sells Class A office campus in Weston, Florida
KBS has sold Weston Corporate Center, a two-building, 149,103 square-foot Class A office campus in Weston, Florida to an affiliate of Banyan Street Capital for $52.25...
Blackstone acquires Embassy Industrial Parks in India
Blackstone Real Estate managed funds have acquired Embassy Industrial Parks from Warburg Pincus and Embassy Group for an enterprise value of $700 million.
Embassy...
Dexus to buy APN Property to expand funds management business
Dexus is acquiring ASX-listed APN Property Group to further strengthen its funds management business.
Dexus has entered into a binding scheme implementation deed (SID) with...
Tricon forms $1.5bn JV to expand single-family rental portfolio
Tricon Residential Inc. has formed a new joint venture with Pacific Life Insurance Company and a global investor to acquire newly built single-family rental homes targeting the...
Vornado completes $1.2bn refinancing of 555 California Street
Vornado Realty Trust said on Monday it has completed a $1.2 billion refinancing of 555 California Street, a three building 1.8 million square foot trophy...
Park Hotels & Resorts to sell two assets for $149m
Park Hotels & Resorts (Park) has agreed to sell two assets for combined gross proceeds of $149 million, or approximately $360,000 per key.
The assets consist...
ESR enters Vietnam logistics real estate sector with BW joint venture
ESR Cayman and Warburg Pincus-backed BW Industrial Development Joint Stock Company (BW), the logistics and industrial real estate developer and operator in Vietnam, have...
NAR: Economic experts predict bright path for commercial real estate in 2021
The U.S. economy experienced one of the swiftest declines in history last year, followed by a quick and relatively significant recovery in the second...
ESR completes first asset acquisition in Hong Kong to develop data centre
APAC focused logistics real estate platform ESR Cayman has completed its first asset acquisition in Hong Kong to develop 40MW data centre.
ESR said...
Dalfen Industrial buys 149 acres of land in Pennsylvania for new development
Dalfen Industrial has acquired 149 acres of land in Bethel, Pennsylvania.
Dalfen plans to develop three industrial buildings totaling 1,177,400 square feet on this land...
Elion Partners buys four last-mile logistics assets for $216m
Private equity real estate investment firm Elion Partners (Elion) has purchased four last-mile logistics assets, totaling 864,000 square feet, in the Seattle, San Francisco,...
CBRE: Korean inbound and outbound CRE investment falls in 2020 due to pandemic
Foreign investment in the Korean commercial real estate (CRE) market reached an estimated USD 1.9 billion in 2020, down 24% y-o-y, while Korean outbound commercial...
