Trophy office building in Washington, D.C. sells for $103m
Paramount Group, Inc., announced today that it has completed the previously announced sale of 1899 Pennsylvania Avenue, a 190,955 square foot trophy office building...
Frasers Centrepoint Trust to acquire remaining 63.1% in AsiaRetail Fund for S$1.06bn
Frasers Centrepoint Asset Management (FCAM), the manager of Frasers Centrepoint Trust (FCT), will acquire the remaining approximately 63.1% of the total issued share capital...
Real estate tech strategies advance AI, workplace and sustainability
Commercial real estate occupiers are willing to put their money where the tech is, according to new research data from JLL's 2023 Global Real Estate...
Hines Global adds Venlo retail warehouse to Dutch portfolio
Hines has purchased a 20,000 square-meter retail warehouse adjacent to its existing investment, Fresh Park Venlo located in Venlo, Netherlands.
This acquisition was executed on behalf of...
July increase in retail sales continues recovery from coronavirus pandemic
Retail sales continued to recover from the impact of the coronavirus pandemic in July, growing more slowly than the month before but adding to...
Retail sales growth speeds up as September marks fourth month of gains
A strong rebound in apparel led a continuing V-shaped recovery from the pandemic as retail sales accelerated their rate of growth in September and...
Granite REIT acquires two UK logistics properties for £70.8m
Canada-based Granite Real Estate Investment Trust has completed the acquisition of two distribution facilities in the UK for a combined £70.8 million ($133.1 million).
The...
Greystar’s first close of its China focused fund with $450 million
Greystar Real Estate Partners together with its investment partners APG Asset Management N.V., Bouwinvest Real Estate Investors, and MIRA Real Estate announced the first...
Actis sells office property in Seoul
Actis, a global emerging markets investment firm, has sold Young City, a grade-A twin tower office building located in southwest of Seoul, Korea to...
Blackstone Credit & Insurance names Dan Leiter as Head of International
Blackstone has appointed Dan Leiter as Head of International for Blackstone Credit & Insurance (BXCI).
In this role, reporting to Gilles Dellaert, Global Head of...
TPG launches European healthcare platform following €400m acquisition
TPG Real Estate has announced the launch of Arcura Medical Properties, a newly established, purpose-built European healthcare real estate platform focused on delivering clinical...
Brookfield announces new $950m mixed-use development in New York
Brookfield Properties has announced a new $950 million, 4.3 acre mixed-use development, named as Bankside, located along the waterfront in the South Bronx’s Mott...
