CBRE IM closes global special situations fund at $599m
CBRE Investment Management has announced the final close of its CBRE Global Special Situations Fund with $599 million of equity commitments, exceeding the fund's...
Mandarin Oriental sells Washington DC hotel to Handerson Park for $139m
Mandarin Oriental International has agreed to sell its Washington D.C. hotel to Henderson Park, a private equity real estate manager headquartered in London.
On...
Prologis closes $23bn Duke Realty acquisition
Prologis has completed its all-stock acquisition of Duke Realty Corporation for $23 billion, including the assumption of debt, following approval by the shareholders of Prologis and Duke...
Blackstone raises $25bn for private equity secondary funds
Blackstone has announced the final close of its latest global secondaries strategy, Strategic Partners IX (SP IX), and inaugural GP-led continuation fund strategy, Strategic...
Realterm grows European IOS portfolio with Dutch deal
Realterm has expanded its European IOS portfolio by acquiring Marco Poloweg 10, an 18,376-square-meter industrial outdoor storage (IOS) site in Venlo, Netherlands.
IOS properties...
JLL appoints Patrick Saade as head of global hotels desk
JLL has apponted Patrick Saade as head of the JLL Hotels & Hospitality group global hotels desk.
Saade joins the global Hotels & Hospitality leadership...
Merry Christmas and Happy Holidays!
As the holiday season fills the air with joy and warmth, we extend our heartfelt wishes to you and your loved ones. May this...
Global real estate is at a ‘pivot point’, say ULI and PwC
Despite facing monetary headwinds and persistent economic uncertainty worldwide, there is a prevailing belief that the global real estate industry is at a crucial...
WeWork’s reorganization plan confirmed, set to emerge from bankruptcy
WeWork announced today that the United States Bankruptcy Court for the District of New Jersey has confirmed its Plan of Reorganization, marking the final...
Ares expands global real estate platform with acquisition of GCP International
Ares Management Corporation has agreed to acquire the international business of GLP Capital Partners (GCP International) and certain affiliates, excluding its operations in Greater...
Global office sector investment rises over 7% in 2024, says Savills
Investment turnover in the global office sector rose by more than 7% in 2024, increasing from $164 billion to $176 billion, according to international...
Soho House to go private in $2.7bn deal
Soho House & Co. announced today that it has agreed to be taken private by a group of investors led by MCR, one of...
