Union Investment divests retail property in New York
Union Investment has completed the profitable sale of the 636 Sixth Avenue retail property, located in Manhattan's Flatiron District, New York, to a strategic...
Global prime office rents continue upward trend as demand surges
In the final quarter of 2024, rents for prime office space across the globe saw a slight increase of 0.3%, while fit-out costs rose...
UK pension fund commits $90m to Heitman’s North American real estate strategy
Heitman has secured a $90 million allocation from Border to Coast, one of the UK’s largest pension pools with £55 billion under management.
The...
SoftBank to buy DigitalBridge in $4bn deal
SoftBank Group Corp. has agreed to acquire DigitalBridge Group, Inc., a global digital infrastructure-focused alternative asset manager, in a transaction valuing the company at...
Kayne Anderson Real Estate closes record $5.12bn opportunistic fund
Kayne Anderson Real Estate, the real estate private equity arm of Kayne Anderson Capital Advisors, said it had closed its seventh opportunistic equity fund...
Franklin Templeton agrees to acquire majority stake in Stoneshield
Franklin Templeton, through its real estate subsidiary Clarion Partners, has entered into a definitive agreement to acquire a majority stake in European real assets...
CapitaLand announces the first closing of CREDO I China
CapitaLand Limited announced the first closing of CREDO I China – the Group’s first discretionary real estate debt fund.
US$750-million CREDO I China will...
Perennial-led consortium to fully divest stake in Chinatown Point Mall for S$520m
Sigapore-listed Perennial Real Estate Holdings, an integrated real estate and healthcare company, together with its consortium of investors, has through Perennial Chinatown Point LLP...
Cromwell lodges application for A$350m mixed-use project at 700 Collins Street
ASX-listed real estate investor and manager Cromwell Property Group has lodged a development application for 700 Collins Street in Melbourne's Docklands Precinct.
Cromwell Property Group...
Radisson Hotel Group to enter New Zealand with four new hotels
Radisson Hotel Group has signed hotel management deal to enter New Zealand with four new-build properties comprising 777 keys and covering three industry-leading brands:...
Stockland launches largest industrial project in Melbourne
Stockland, a diversified Australian property group and Australian Stock Exchange listed company, has launched the first stage of Melbourne Business Park, the A$2 billion industrial...
Mirvac plans to build new mixed-use project in Melbourne
ASX-listed Mirvac Group (Mirvac) has agreed to acquire 7-23 Spencer Street in Melbourne for A$200 million.
Located on a block of currently vacant land in...
