Acore raises $1bn to provide rescue capital to hotels
Commercial real estate finance company Acore Capital has raised $1 billion to provide rescue capital to North American hotel operators.
The company has launched Acore...
Lendlease sells 25% interest in retirement living business to Aware Super
Lendlease announced on Friday that one of Australia’s largest superannuation funds, Aware Super, had entered into an agreement to acquire a 25 per cent...
Accor sells stake in Huazhu for €239m
Accor has sold a 1.5% stake in Huazhu Group Limited, a multi-brand hotel management company in China, for €239 million.
Accor said, after this transaction, it owns a 3.3% stake in Huazhu and...
Mapletree buys land parcel in Hong Kong to develop data center
Mapletree Investments has acquired a land parcel at Fanling Sheung Shui Town in New Territories, Hong Kong SAR for HK$813 million (S$139.9 million) through...
Artemis acquires 10-property medical office portfolio
Artemis Real Estate Partners has purchased a 10-property, Class A medical office portfolio totaling 270,831 square feet in seven states across the U.S.
The medical...
Swiss chocolate company to open 34 stores in U.S
Switzerland-based chocolate company Läderach – Chocolatier Suisse has signed an asset purchase agreement allowing it to take over the leases of 34 Godiva locations across the United States.
''Although the parties have...
ElmTree invests over $1.5bn in net lease assets last year
ElmTree Funds has invested over $1.5 billion in industrial net lease assets across the United States last year.
Focusing on acquiring build-to-suit properties net leased to...
JLL appoints Gilda Perez-Alvarado as global CEO, hotels & hospitality
JLL has appointed Gilda Perez-Alvarado as global CEO of its Hotels & Hospitality Group. Gilda Perez-Alvarado will succeed Mark Wynne-Smith, who will continue as...
Black Creek Group to develop 2 msf industrial park in Dallas, TX
Denver-based real estate investment management firm Black Creek Group has acquired 165 acres for the development of I-20 Logistics Park in Dallas, Texas.
Black...
Marriott CEO Arne Sorenson dies at age 62
Arne Sorenson, the president and chief executive officer of Marriott International Inc., has passed away on February 15, 2021 at the age of 62.
In May...
SL Green sells interest in Tower 46 to Brookfield fund
SL Green Realty has agreed to sell its 25.0% interest in the commercial condominium units located at 55 West 46th Street, also known as Tower...
CoStar makes offer to acquire CoreLogic
CoStar Group, Inc. said on Tuesday that it has made a superior proposal to acquire 100% of the equity interests of CoreLogic, a global...
