CDL expands UK PRS portfolio with £88m central London acquisition
Singapore-listed real estate company City Developments Limited (CDL) has strengthened its presence in the UK's private rented sector (PRS) with the acquisition of Yardhouse,...
CDL Hospitality Trusts makes first UK PBSA investment with Liverpool deal
CDL Hospitality Trusts has announced the acquisition of a prime freehold property in Liverpool city center through its indirect wholly-owned subsidiaries, CDL HREIT Investments...
CapitaLand Ascendas REIT buys Spanish logistics portfolio for €124m
Singapore-listed CapitaLand Ascendas REIT (CLAR) has completed its first acquisition in Spain, purchasing a prime logistics portfolio in Madrid and Barcelona for a total...
King Street raises $950m for European real estate fund
King Street Capital Management has announced the final close of its European Real Estate Special Situations Fund II (ESS II), securing ~$950 million in...
Brookfield in exclusive talks to sell London’s CityPoint office tower
Brookfield Corp. is in exclusive negotiations to sell CityPoint, one of the City of London’s landmark office towers, for a price broadly in line...
European data centre supply set to reach 13GW as AI demand accelerates
European data centre supply is expected to reach 13GW by the end of 2026, driven by continued expansion from hyperscalers and growing demand for...
UC Davis breaks ground on new student housing development
The University of California, Davis, announced that it has broken ground on the new campus apartment project, The Green at West Village.
At this...
Courtyard by Marriott King Kamehameha’s Kona Beach Hotel sold
Holliday Fenoglio Fowler, L.P. announced that it has closed the sale of Courtyard by Marriott King Kamehameha's Kona Beach Hotel, a 452-room, full-service beachfront...
U.S economy grows 3.2% YoY in first quarter of 2019
U.S real gross domestic product (GDP) increased at an annual rate of 3.2 percent in the first quarter of 2019 , according to the...
Allianz buys 49% stake in New York’s iconic office building for $384m
Allianz has closed another stake acquisition in Hudson Yards, New York's $25 billion mixed-use development, according to the press release on Friday.
Following the purchasing...
U.S commercial property price growth steady in July
U.S. commercial property prices held a steady pace of growth in July, shored up by industrial sector price gains, according to Real Capital Analytics CPPI (Commercial...
AECOM to sell its Management Services business for $2.4bn
Global infrastructure firm AECOM announced that it has entered into a definitive agreement for the sale of its Management Services (MS) business to affiliates...
