Breakthrough raises $1bn for life science property fund
Breakthrough Properties (Breakthrough) announced that it has raised over $1 billion in capital for the Breakthrough Life Science Property Fund and in co-investments.
Breakthrough Properties, a joint...
Elion Partners acquires last-mile industrial assets for $83m
Real estate investment firm Elion Partners has acquired four last-mile industrial distribution assets located across the West Coast for $83 million.
The acquisitions comprise...
United Airlines Executive Chairman Oscar Munoz joins CBRE Group, Inc. board of directors
CBRE Group, Inc. (NYSE:CBRE) today announced that Oscar Munoz, Executive Chairman of United Airlines, has joined the company’s Board of Directors.
Before assuming leadership of United’s...
KKR acquires four industrial properties in Atlanta for $136m
Global investment firm KKR announced that it has acquired four industrial distribution properties across the greater Atlanta metropolitan area for $136 million.
The newly acquired properties...
CoStar Group to acquire Homesnap for $250m in cash
CoStar Group, Inc. announced that it has reached an agreement to acquire Homesnap, Inc., a digital residential real estate solutions provider, for $250 million...
Brookfield Properties to develop Class-A logistics park in Austin, Texas
Global real estate services company Brookfield Properties has added Park 290, a 68-acre development site located in Austin, Texas to its U.S. logistics portfolio.
Located...
Blackstone completes sale of BioMed Realty for $14.6bn
Blackstone today announced that Blackstone Real Estate Partners VIII L.P. and co-investors have completed their previously announced transaction to sell BioMed Realty, a life...
Service Properties Trust sells eight hotels for $45.3m
Service Properties Trust, a real estate investment trust, or REIT, has sold eight TownePlace Suites branded hotels with 834 rooms for $45.3 million. The...
KKR buys industrial distribution property in Phoenix for $32m
KKR has acquired an industrial distribution property in Phoenix for $32 million.
Built in 2001, the asset is a 32-foot clear height, Class A property located in...
ESR Australia Logistics Partnership buys industrial portfolio for A$302.5m
ESR Australia announced that ESR Australia Logistics Partnership (EALP) has purchased an industrial portfolio comprising 11 assets primarily located in the eastern seaboard cities...
Elanor sells shopping centre for $130m
Elanor Retail Property Fund (ERF) has agreed to sell the Auburn Central shopping centre in Western Sydney to SCA Property Group for A$129.5 million,...
Rexford Industrial acquires two Class A industrial properties for $339.2m
Rexford Industrial Realty, Inc. has acquired two Class A industrial properties, a four-building industrial complex and a three-tenant industrial property, in Southern California for $339.2 million.
The...
