Ascendas India Trust buys Amazon leased building in Hyderabad
Singapore-listed Ascendas India Trust (a-iTrust) has agreed to acquire an IT SEZ building, aVance 6, from Phoenix Group at HITEC City, Hyderabad for INR...
Waterton raises $1.5bn for multifamily investment fund
Waterton, a real estate investor and operator headquartered in Chicago, has raised $1.5 billion in equity commitments for its multifamily investment fund, Waterton Residential...
Marriott expands all-inclusive portfolio by adding 19 resorts
Marriott International Inc. has signed a long-term agreement with Sunwing Travel Group's hotel division, Blue Diamond Resorts, to add 19 all-inclusive resorts in the Caribbean, Costa Rica and...
JLL Income Property Trust buys Louisville industrial asset for $95m
JLL Income Property Trust has acquired Louisville Distribution Center, a 1 million-square-foot, Class A industrial asset located in the top-tier industrial submarket of South...
Greystar closes Australia multifamily fund at A$1.3bn
Greystar Real Estate Partners has raised A$1.3 billion for its Australian investment vehicle, Greystar Australia Multifamily Venture I (GAMV I), to invest in build-to-rent...
Värde Partners invests $250m in U.S. single-family residential projects
Värde Partners, a global alternative investment firm, has invested $250 million in the development of single-family residential projects with three transactions in the U.S.
“The...
Aldi to open 100 new stores in U.S this year
Supermarket giant Aldi announced that it will open approximately 100 new stores in the U.S. in 2021 with a focus on Arizona, California, Florida and the Northeast.
Aldi...
Tony Lombardo to succeed Steve McCann as Lendlease group CEO
Lendlease chairman Michael Ullmer announced that Steve McCann will retire as group chief executive officer (CEO) and managing director.
Lendlease has appointed Tony Lombardo, currently...
Ascott Residence Trust to sell serviced residence in Shanghai
Singapore-listed hospitality trust Ascott Residence Trust (ART) has agreed to sell a serviced residence, Somerset Xu Hui Shanghai in China for RMB 1,050 million...
U.S CRE investment volume increases in Q4 2020
U.S commercial real estate (CRE) investment volume increased by 97.2% in Q4 from Q3 to $135.4 billion, indicating a strong resurgence of investor confidence,...
CBRE acquires construction management firm in Los Angeles
CBRE has acquired Beezley Management (Beezley), a construction management and project advisory services firm based in the Los Angeles area.
Founded in 1997, Beezley has 25 employees based in Calabasas, California, and the firm’s expertise spans all areas of project...
KingSett announces lease renewal with Scotiabank in Toronto
KingSett Capital and Alberta Investment Management Corporation (AIMCo) announced a lease renewal with Scotiabank for 560,000 square feet of space at 40 King Street and...
