Hines sells industrial logistics facility in Santa Ana for $113.5m
Hines announced that it has completed the sale of 515 E. Dyer, an industrial logistics facility in Santa Ana, California for $113.5 million.
The 373,942-square-foot...
Industrial, apartment sectors accelerate US CRE price growth in December
U.S. commercial real estate (CRE) prices increased by 7.3% year-over-year in December, according to the latest Real Capital Analytics (RCA) CPPI (Commercial Property Price Indices) report....
Investa, Manulife acquire 39 Martin Place in Sydney from Macquarie
A joint venture (50/50) between Investa Commercial Property Fund (ICPF) and Canadian financial services group Manulife has agreed to acquire 39 Martin Place, a...
Tuesday Morning sells 1.2 msf Dallas industrial portfolio
Real estate private equity firm Pennybacker Capital Management, LLC and M2G Ventures, a North Texas-based real estate investment and development company, have purchased more than...
KBS sells Class A office property in Phoenix, Arizona for $103.5m
KBS has sold a 333,014 square-foot Class A office property, Anchor Centre, in Phoenix, Arizona to TerraCap for $103.5 million. The office property was owned by...
CPP Investments, Greystar, Cyrela JV to develop multifamily project in Brazil
Cyrela Brazil Realty (Cyrela), Canada Pension Plan Investment Board (CPP Investments) and Greystar Real Estate Partners, LLC (Greystar) have formed a venture with real...
BioMed Realty buys Assembly Square site in Somerville, Massachusetts
Blackstone portfolio company BioMed Realty has acquired an existing 162,000 square foot office building and adjacent 7.5 acre site at Assembly Square in Somerville,...
Hines appoints new Asia CIO
Hines today announced that it has appointed Chiang Ling Ng as Chief Investment Officer (CIO), Asia.
Based in Hines’ Singapore office, Chiang Ling Ng will...
NPS, Allianz acquire 50% stake in OUE Bayfront in Singapore
Allianz Real Estate, on behalf of National Pension Service of Korea (NPS) and Allianz group companies (Allianz), via its AREAP Core I fund has...
Global investment activity to increase up to 50% in 2021, says Colliers
According to Colliers International Group's new Global Capital Markets 2021 Investor Outlook, investors are largely optimistic about a market rebound in 2021.
Colliers anticipates a...
Digital Realty to relocate corporate HQ to Austin
Global data center company Digital Realty is relocating its corporate headquarters from San Francisco, California to Austin, Texas.
Digital Realty said that it will maintain a 'significant presence'...
Monmouth to explore strategic alternatives, rejects Blackwells offer
Monmouth Real Estate Investment Corporation, a real estate investment trust specializing in net leased industrial properties, has rejected Blackwells Capital LLC's takeover offer.
Monmouth...
