Service Properties Trust sells industrial property for $51m
Service Properties Trust (Nasdaq: SVC), a real estate investment trust, or REIT, has sold a 674,143 square foot industrial property located at 555 Turnpike...
PAG raises $1.8bn for third real assets fund
Asia Pacific-based alternative investment manager PAG has raised $1.8 billion in capital commitments for PAG Real Estate Partners Fund III (PREP III).
PREP III, the...
Australia’s largest student accommodation portfolio sold to joint venture
AXA Investment Managers - Real Assets, Allianz and APG has partnered with Scape to acquire Australia’s largest student accommodation portfolio.
According to the announcement...
Cushman & Wakefield acquires US multifamily property management firm
Cushman & Wakefield has acquired Pinnacle Property Management Services, LLC, the third largest multifamily property management firm in the U.S.
''The acquisition establishes a...
CBRE : Office assets drive rebound in net-lease investment activity
Investment in U.S. net-lease properties rebounded in Q3 2020, driven by strong interest in office assets and, despite COVID-19 related international travel restrictions, an...
CapitaLand to sell interest in three malls in China for RMB2,960m
CapitaLand has signed an agreement with CapitaLand Retail China Trust (CRCT) to sell its interest in three malls in China – CapitaMall Xuefu and...
Prologis to deliver GSK’s new global R&D centre in Cambridge
GSK has announced plans to establish a new global research and development centre at Cambridge Biomedical Campus, committing £400 million to create a 300,000...
Singapore’s CDL in talks to buy St Katharine Docks in London
Singapore-listed real estate company City Developments (CDL) has released a statement about the recent media articles regarding its proposed acquisition of the St Katharine Docks...
JLL arranges $468.70m construction loan for office tower development in Bellevue, WA
JLL Capital Markets group has arranged a $468.70 million construction loan for The Artise, a 25-story trophy office tower development in downtown Bellevue, Washington.
JLL worked on behalf of...
Singapore’s CDL announces its single largest investment in China
Singapore-listed City Developments Ltd(CDL) announced that it has entered into agreements to invest RMB 5.5 billion (approximately S$ 1.1 billion) in Sincere Property Group,...
Singapore’s GIC buys 25.1% stake in Lendlease International Towers Sydney Trust
GIC, Singapore’s sovereign wealth fund, with US$100 billion in assets under management, will acquire a 25.1% stake in Lendlease International Towers Sydney Trust (LLITST)...
Charter Hall buys food manufacturing facilities for A$141m
Charter Hall Direct’s industrial fund has acquired two food manufacturing facilities for A$141 milllion in a 30-year sale and leaseback transaction.
The sale and leaseback arrangement...
