Investcorp fund acquires five US multifamily properties for $420m
A fund managed by Investcorp has acquired five new US multifamily properties across Arizona, Texas and Georgia for $420 million.
Investcorp said the portfolio...
Savills expects global investment activity to rebound in H2 2023
In its global real estate outlook for 2023, Savills says that it expects investment activity to rebound in the second half of 2023, as...
Mapletree Industrial Trust to buy $1.3bn US data centre portfolio
Singapore-listed real estate investment trust (REIT) Mapletree Industrial Trust (MIT) said Thursday it has entered into a purchase and sale agreement to acquire 29...
Andaz Singapore hotel sold for S$475m
Singapore-based property developer Hoi Hup Realty has entered into a binding agreement with Ophir-Rochor Investments Pte Ltd, a wholly owned subsidiary of M+S Pte...
European real estate investment hits lowest H1 level since 2013
Europe's commercial real estate market continues to experience an uneven recovery, with investor confidence repeatedly disrupted by external shocks, according to the latest MSCI...
City Office REIT closes $576m sale of life science portfolio
City Office REIT has closed the sale of its holdings in the Sorrento Mesa submarket of San Diego for $576 million.
City Office said...
World’s richest real estate tycoons
Hurun Report, a research platform based in Shanghai and Mumbai, has released the Hurun Global Real Estate Rich List which ranks the richest real...
Federal Reserve cuts interest rates for third time this year
In line with market expectations, the Federal Reserve cut its key benchmark interest rate by a quarter of a percentage point, to a range...
WeWork announces $200 million investment in WeWork China led by Trustbridge Partners
Michael Jiang, Operating Partner of Trustbridge Partners, appointed Acting CEO, WeWork China
WeWork, the world's leading flexible space provider, today announced a $200 million follow-on...
Trammell Crow, Invesco to develop life science building outside Boston
Trammell Crow Company and its joint venture partner Invesco Real Estate announced plans to develop a purpose-built, state-of-the-art life science building in Lexington, Massachusetts.
Located...
Dar Global doubles portfolio value to $19bn as profit surges
Dar Global Plc reported record full-year results for 2025, with the luxury international real estate developer more than doubling the gross development value (GDV)...
SPH gives up on Canadian aged care assets acquisition
Singapore Press Holdings Limited (SPH) announced on 26 February 2020 that its whollyowned subsidiary, Times Properties Pte Ltd had entered into an agreement with...
