CapitaLand raises $950m for three new private funds
CapitaLand Investment (CLI) has secured S$1.3 billion (US$950m) equity commitment from global institutional investors forthree of its private funds, bringing its total equity raised...
Mapletree makes £1bn student housing bet across UK and Germany
Singapore-based real estate investment company Mapletree Investments has acquired 8,192 student housing beds across 19 cities in the UK and Germany and an operating...
Norway’s wealth fund backs constructive talks between Prologis and Segro
Norges Bank Investment Management has called on Prologis and Segro to engage in constructive discussions over a potential combination, saying the proposal merits consideration...
Australian Unity forms JV with Singapore’s Keppel Capital
Australian Unity, a company providing healthcare, financial services, as well as retirement and living services, has formed a strategic 50:50 joint venture partnership with...
US commercial real estate price growth slows in May
US commercial real estate price growth has slowed in may due to the impacts of COVID-19 pandemic crisis. According to the latest Real Capital Analytics RCA CPPI (Commercial...
Mapletree Group buys commercial office asset in Seoul for S$528.4m
Mapletree Investments Pte Ltd (MIPL) and Mapletree North Asia Commercial Trust (MNACT) have jointly agreed to acquire The Pinnacle Gangnam, an office asset located...
Cromwell lodges application for A$350m mixed-use project at 700 Collins Street
ASX-listed real estate investor and manager Cromwell Property Group has lodged a development application for 700 Collins Street in Melbourne's Docklands Precinct.
Cromwell Property Group...
Google unveils $1bn UK data centre investment
Google has unveiled plans to invest $1 billion in a cutting-edge data centre in Waltham Cross, Hertfordshire, spanning 33 acres.
The project is expected to...
Dexus fund to merge with AMP Capital fund
Australian real estate group Dexus has made a proposal to merge its fund with AMP Capital Diversified Property Fund.
The company said on Tuesday that...
GLP raises $900m for China core-plus logistics fund
GLP announced the closing of its newly established China-focused core-plus logistics fund, GLP China Income Fund II, with total capital commitments of RMB 5.8...
Empire State Building announces new 102nd floor observatory
The Empire State Building announced the third phase of its top-to-bottom reimagined observatory experience, the newly renovated 102nd floor observatory.
Opening to the public on October...
Broker confidence in NYC real estate market rises to record levels, says REBNY
Broker confidence in the New York City real estate market rose to record levels during the second quarter of 2021, attaining new peaks in...
