Capital Square, Greystar acquire land in Richmond for multifamily development

Capital Square, Greystar acquire land in Richmond for multifamily development

Capital Square and Greystar have acquired 2.28 acres of land in Richmond, Virginia's Scott's Addition opportunity zone for the development of 1601 Roseneath Road,...
Urban Edge buys mall in Massapequa, NY from URW for $29.7m

Urban Edge buys mall in Massapequa, NY from URW for $29.7m

Urban Edge Properties announced that it has acquired Sunrise Mall in Massapequa, New York from Unibail-Rodamco-Westfield (URW) for $29.7 million plus up to $6...
Brookfield offers to acquire Brookfield Property private in $5.9bn deal

Brookfield offers to take Brookfield Property private in $5.9bn deal

Brookfield Asset Management Inc.(Brookfield) and institutional partners have made an offer to acquire all of the limited partnership units of Brookfield Property Partners L.P.(BPY)...
Blackstone signs lease at Shorenstein's 2 MiamiCentral in Downtown Miami

Blackstone signs lease at Shorenstein’s 2 MiamiCentral in Downtown Miami

Shorenstein Properties LLC today announced that Blackstone has signed a 41,000-square-foot lease at 2 MiamiCentral in Downtown Miami.  Blackstone intends to create a new office to...
CPP Investments, LOGOS form Indonesia logistics joint venture

CPP Investments, LOGOS form Indonesia logistics joint venture

Canada Pension Plan Investment Board (CPP Investments) and logistics real estate specialist LOGOS have established a new Indonesia joint venture for the development of...
Lendlease, Aware Super acquire site in LA for $600m mixed-use project

Lendlease, Aware Super acquire site in LA for $600m mixed-use project

A joint venture between Lendlease, an international property and investment group and Aware Super, an Australian superannuation fund, has acquired a 3.5-acre mixed-use development...
Manulife to join consortium for Hong Kong office tower investment

Manulife to join consortium for Hong Kong office tower investment

Real estate private equity firm Gaw Capital Partners-led consortium, including Schroder Pamfleet, BOC Life, Rafi Investments (Asia) and other partners, has completed the acquisition...
CRE Herald’s top 10 most read news stories of 2020

CRE Herald’s top 10 most read news stories of 2020

CRE Herald team wishes you a happy new year and all the best for 2021. CRE Herald presents top 10 most read commercial real...
Carrefour completes acquisition of store chain in Taiwan

Carrefour completes acquisition of store chain in Taiwan

Carrefour today announced that it has closed the acquisition of Wellcome Taiwan, including 224 proximity stores (199 Wellcome stores - average sales area of...
Americold closes acquisition of Agro Merchants Group

Americold closes acquisition of Agro Merchants Group

Americold Realty Trust today announced that it has closed its acquisition of Agro Merchants Group. In October, the company had entered into a definitive agreement...
JCPenney initiates search for new CEO as Soltau to exit

JCPenney initiates search for new CEO as Soltau to exit

JCPenney announced on Wednesday that its new ownership group, consisting of Simon Property Group and Brookfield Asset Management, along with strategic partner Authentic Brands...
Keppel REIT manager appoints new deputy CEO

Keppel REIT manager appoints new deputy CEO

Keppel REIT Management Limited, the manager of Keppel REIT, announced that Shirley Ng will be appointed as the Deputy Chief Executive Officer (CEO) of...

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