COPT completes close of data center JV with Blackstone Real Estate
Corporate Office Properties Trust (COPT) announced that it has completed the second and final close of its new data center joint venture with funds...
CareTrust REIT makes cash offer to acquire UK’s Care REIT
CareTrust REIT has announced a definitive agreement with the board of directors of UK-based Care REIT plc for the acquisition of Care REIT by...
Chicago’s iconic office building sold for $376 million
A joint venture between SHVO and Deutsche Finance America has completed the acquisition of 333 South Wabash Avenue in Chicago’s East Loop, an iconic...
China leads global life sciences lab construction amid rapid market growth
A surge in global life sciences activity is fueling rapid real estate expansion, with China leading the world in lab construction, according to a...
DWS hires Paul M. Kelly as head of alternatives business
German asset management company DWS has appointed Paul M. Kelly as global head of its €126 billion alternatives business.
Kelly will join DWS from...
Blackstone to acquire AIR Communities in $10bn deal
Blackstone announced today Blackstone Real Estate Partners X will acquire Apartment Income REIT Corp. (AIR Communities) in a $10 billion all-cash deal.
The purchase...
MSD Partners to acquire Boca Raton Resort & Club from Blackstone
MSD Partners has entered into a definitive agreement to acquire the Boca Raton Resort & Club from an affiliate of Blackstone.
Boca Raton Resort...
Investors raise record levels of capital into real estate in 2018
A record €161.7 billion ($182 billion) of capital was raised for investment into real estate around the world in 2018, according to the Capital...
JBG SMITH signs agreements with Amazon
JBG SMITH announced that it has executed three leases and two Purchase and Sale Agreements with affiliates of Amazon.com, Inc. in conjunction with the...
Grant Thornton unites D.C. staff in first zero-waste office
Grant Thornton LLP has consolidated its workforce in the Washington, D.C., area in the firm’s MetroDC office – its first zero-waste office in the...
ESR Australia increases logistics investments with new commitments
ESR Australia is expanding its core plus logistics strategy with a A$600 million commitment to the newly established ESR Australia Logistics Partnership II (EALP...
Digital Realty closes $1bn JV transaction with Singapore’s Mapletree
Global data center provider Digital Realty has closed the previously announced joint venture with Mapletree Investments and Mapletree Industrial Trust on three existing Turn-Key...
