New Ease, QuadReal form $1bn China logistics partnership
China-based logistics real estate platform New Ease has formed a China logistics partnership, New Ease Gold Development L.P., with global real estate manager QuadReal...
Vornado completes $350m refinancing of 909 Third Avenue
Vornado Realty Trust, a fully-integrated equity real estate investment trust, has completed a $350 million refinancing of 909 Third Avenue, a 1.4 million square foot...
Mack-Cali sells four office buildings in NJ for $254m
Mack-Cali Realty Corporation has sold its Metropark office portfolio located in Edison and Iselin, NJ for $254 million to Opal Holdings.
The portfolio consists...
Savills North America names new president
Savills has named David Lipson as the new president of its North America region.
Lipson, who joined the company in 1989, will assume the role...
Cerberus raises $2.8bn for global opportunistic real estate fund
Cerberus Capital Management has raised $2.8 billion for its global opportunistic real estate fund, Cerberus Institutional Real Estate Partners V, L.P. (CIREP V), exceeding...
Ares seeks to buy 100% of AMP Capital’s private markets businesses
Australian wealth management company AMP Limited said on Monday that Ares Management Corporation had expressed interest in acquiring 100 per cent of AMP Capital’s private...
Colony Capital completes exit from hospitality business
Colony Capital has completed the sale of six hospitality portfolios to Highgate and an affiliate of Cerberus Capital Management for $2.8 billion.
The transaction concludes...
JBG Smith begins construction of two residential towers in National Landing
JBG Smith has begun construction of two residential towers at 1900 Crystal Drive in National Landing, Arlington, VA.
The development at 1900 Crystal Drive will...
WeWork to go public through $9bn SPAC merger
WeWork and BowX Acquisition Corp., a special purpose acquisition company (SPAC), have entered into a definitive merger agreement that will result in WeWork becoming...
Slate acquires commercial real estate business from Annaly for $2.3bn
Slate Asset Management, a real estate focused alternative investment platform, has acquired Annaly Capital Management's commercial real estate business (ACREG) for US$2.33 billion.
The acquisition includes...
Slate Grocery REIT to acquire $390m grocery-anchored portfolio
Slate Grocery REIT, an owner and operator of U.S. grocery-anchored real estate, has agreed to acquire a grocery-anchored portfolio comprising 25 properties and 3.1...
Qualitas, Pelligra to develop mixed-use industrial project in Melbourne
Australian real estate investment management firm Qualitas has formed a joint venture with Melbourne-based developer Pelligra to develop a A$500m mixed-use industrial precinct, Assembly...
