Luxury mixed-use asset in LA’s Koreatown sold for $170m
-Institutional Property Advisors Closes Luxury Mixed-Use Asset Sale in LA’s Koreatown
-The sales price is $170,875,000.
Institutional Property Advisors (IPA), a division of Marcus & Millichap,...
US commercial property sales bounce back robustly in Q2 2021, says MBA
The U.S. economy continued its strong rate of growth during the second quarter and commercial real estate fundamentals are beginning to bounce back, according...
Global commercial property price growth continues to slow in Q1
Global commercial property prices increased by 6.2% year-on-year in the first quarter, adjusting down from the double-digit annual growth rates seen as recently as...
Global commercial property prices end 2023 with 5.9% decline
In the latest edition of the RCA CPPI Global Cities report, the Q4 2023 results reveal a persistent downturn in global commercial property prices,...
Brookfield buys new office building in Bellevue, WA for $365m
Wright Runstad & Company, Shorenstein Properties and institutional investors advised by J.P. Morgan Asset Management have sold the recently completed Block 16 office building...
CBRE announces two senior appointments to Asia Pacific Hotels team
CBRE has strengthened its Asia Pacific Hotels team with the appointment of Steve Carroll as Head of Hotels & Hospitality and David Ling as...
Caesars Entertainment sells The Rio for $516M
Caesars Entertainment Corporation (“Caesars Entertainment”), has signed an agreement to sell the Rio All-Suite Hotel & Casino (The Rio) in Las Vegas to an...
ARA, QuadReal JV acquire Grade A office project in Melbourne
A joint venture between ARA Asset Management Limited (ARA), a global real assets fund manager, and QuadReal Property Group (QuadReal), a global real estate...
ARA acquires Robinson Centre in Singapore
ARA Asset Management has acquired Robinson Centre, an office building located at 61 Robinson Road Singapore, via one of its private real estate funds....
ESR to acquire ARA Asset Management for US$5.2bn
APAC focused logistics real estate platform ESR Cayman Limited has agreed to acquire 100% of the share capital of ARA Asset Management for US$5.2...
King Street raises $950m for European real estate fund
King Street Capital Management has announced the final close of its European Real Estate Special Situations Fund II (ESS II), securing ~$950 million in...
CBRE : Most employers favor phased return to workplace, adding touchless tech, restricting visitors
Most companies included in an analysis by CBRE plan to take a gradual, cautious approach to bringing employees back to their workplaces as governments begin to...
