CPP Investments to invest US$1.75bn in EQT’s AI infrastructure strategy
Canada Pension Plan Investment Board (CPP Investments) has invested US$1.75 billion (C$2.4 billion) to support EQT's strategy of expanding AI infrastructure through global data...
Prologis closes $23bn Duke Realty acquisition
Prologis has completed its all-stock acquisition of Duke Realty Corporation for $23 billion, including the assumption of debt, following approval by the shareholders of Prologis and Duke...
ESR enters Hong Kong logistics market by winning Kwai Chung land bid
ESR has entered the Hong Kong logistics market by winning the Hong Kong government Kwai Chung land bid for HK$5.26 billion ($688 million) to...
Frasers Property to take hospitality arm private
Frasers Property will take its Singapore-listed hospitality arm, Frasers Hospitality Trust, private in a deal valuing the REIT at S$1.35 billion ($970 million).
Frasers Property has...
Yext introduces new global headquarters in New York City
Yext has introduced its new global headquarters on Manhattan’s West Side, The Yext Building. The Yext Building is located across the street from Google’s...
Alibaba to invest $3.6bn in Chinese supermarket chain Sun Art
Alibaba Group Holding Limited will invest USD3.6 billion to acquire a controlling stake in Sun Art Retail Group Limited, a hypermarket and supermarket...
Safehold closes $180m ground lease in New York City
Safehold Inc. has closed on the previously announced $180 million Safehold™ ground lease under the office property at 685 Third Avenue in New York...
Boston Properties acquires office property in Midtown South for $300m
Boston Properties (BXP) has agreed to acquire 360 Park Avenue South, a 20 story office property located at the southwest corner of Park Avenue...
Bank of Sydney to purchase CBD building in Sydney
Bank of Sydney will acquire 62 Pitt Street Sydney, accroding to the bank's statement.Bank of Sydney plans to make the CBD building bank's signature...
Global healthcare sector set to grow despite economic uncertainty
The global healthcare sector remains buoyant and is expected to grow despite a challenging economic outlook, according to global property advisor, Knight Frank.
Investors...
Kennedy Wilson to go private in $1.65bn management-led buyout
Global real estate investment company Kennedy Wilson announced on Tuesday that it has entered into a definitive agreement to be acquired by a consortium...
Moody’s Analytics forecasts US office vacancy rate hitting historic high of 19.9% in 2021
Moody’s Analytics today announced its new forecasts for commercial real estate (CRE) rents and vacancies, covering eight property types and more than 3,000 submarkets...
