Singapore’s Sun Venture acquires hotel in London
Singapore-based investment firm Sun Venture has completed its acquisition of the Hyatt Place London City East hotel from Resolution Property.
This marks Sun Venture’s first foray...
CBRE signs $3.5bn sustainability-linked revolving credit facility
CBRE has signed a new five-year revolving credit agreement that increases its revolving credit facility to $3.5 billion from $3.15 billion.
The facility includes incentives...
Retailers welcome Federal Reserve expansion of Main Street Lending Program
The National Retail Federation today welcomed the Federal Reserve’s decision to allow larger midsize businesses hit by the coronavirus pandemic to participate in its...
Deka Immobilien divests office building in Mexico City
Deka-Immobilien Global, the global real estate investment fund, has sold the Torre de los Parques office building in Mexico City after holding the property...
URW sells Promenade development site in Los Angeles
Unibail-Rodamco-Westfield (URW) has sold the 34-acre site of the former Promenade Mall, located in the San Fernando Valley of Los Angeles, to a group...
Kimco Realty announces partial monetization of its investment in Albertsons Companies, Inc.
Kimco Will Subsequently Maintain a 7.5% Ownership Interest in Albertsons
Company Expects to Receive its Allocable Share of Proceeds
Kimco Realty Corp. (NYSE: KIM),...
COVID-19 to impact U.S multifamily industry, Yardi Matrix reports
According to the latest report from Yardi Matrix, the multifamily industry may feel the impact of the domestic spread of COVID-19, although the majority...
US CRE price growth steady in February
U.S. commercial real estate(CRE) prices maintained a steady pace of growth in February, with the US National All-Property Index increasing 0.6% over the month...
Mark Steinert to retire CEO of Stockland
Stockland, the Australian Stock Exchange listed company, announced that Mark Steinert plans to retire as Chief Executive Officer and Managing Director after seven and a...
Promanas reaches 95pct occuppancy at Park Place Five,Ann Arbor
Michigan, Ann Arbor based real estate management firm Promanas has leased totaling more than 39,000 square feet at the Park Place Five office building...
PSP Investments, Pretium form $700m JV for single-family rentals
PSP Investments, one of Canada’s largest pension investment managers, and Pretium, an alternative investment management firm, have established a joint venture to invest in single-family rentals...
Starwood Property Trust tops off its new headquarters in Miami Beach
Starwood Property Trust and developer partner Integra Investments announced the topping off of 2340 Collins Avenue, Starwood Property Trust's new headquarters in Miami Beach.
Upon anticipated completion...
