Ivanhoé Cambridge, Embassy Group launch commercial office platform in India
Indian real estate company Embassy Group and Canada-based real estate investment firm Ivanhoé Cambridge have launched a commercial real estate investment platform focused on office business...
Harbor Group International invests $309m in Southeast multifamily portfolio
Harbor Group International(HGI), a privately-owned international real estate investment firm, has acquired a portfolio of eight multifamily communities in the U.S. Southeast for $309 million....
BlackRock closes Asia property fund at $1.17bn
BlackRock Real Assets has closed its Asia Property Fund V (AFV), a value-add strategy that invests in real estate assets across Asia Pacific, at...
JLL Income Property Trust buys distribution center in Phoenix for $91m
JLL Income Property Trust has acquired Southeast Phoenix Distribution Center, a four-building, Class A distribution center totaling 474,000 square feet located in the Chandler...
Elion Partners acquires last-mile industrial asset in New Jersey for $29.7m
Elion Partners has acquired a 207,000-square-foot last-mile industrial asset located at 1000 Jefferson Avenue in Elizabeth, New Jersey, two miles from the Newark Liberty...
Vector Group launches proptech investment venture
Douglas Elliman parent company Vector Group has launched a property technology investment venture, New Valley Ventures, to invest in PropTech startups.
In connection with the...
CoStar revises proposal to acquire CoreLogic
Commercial real estate data and marketing services company CoStar Group Inc. has submitted a revised proposal to acquire CoreLogic.
Under the terms of the new...
SoftBank announces settlement with WeWork co-founder Adam Neumann
SoftBank Group Corp. said on Friday it has entered into a settlement agreement with WeWork special committee (formerly referred to as The We Company)...
Kerry Properties, GIC buy development site in Pudong, Shanghai
A joint venture between Hong Kong-listed property investment and development company Kerry Properties and Singapore's GIC Real Estate has won a land bid to...
Canada’s largest pension fund CEO resigns after COVID-19 vaccine travel
Mark Machin, the CEO of Canada's largest pension fund CPP Investments, has resigned due to mounting criticism after it was revealed that he travelled...
Ares to acquire AMP Capital’s private markets businesses
AMP and Ares Management Corporation have entered into a non-binding agreement to form a joint venture for AMP Capital’s Private Markets businesses including infrastructure...
Tricon sells 80% interest in $1.3bn US multifamily portfolio
Tricon Residential Inc. is selling 80% interest in its wholly-owned portfolio of 23 U.S. multifamily apartments to two institutional investors in a transaction which...
