JV sells medical real estate portfolio for $240m
The joint venture between The Sanders Trust, the healthcare real estate investment and development company and Harrison Street, has sold a portfolio of medical...
Oxford Properties acquires 50% interest in Investa Office Management
Global real estate company Oxford Properties Group (Oxford), has acquired a 50% interest in Investa Office Management Holdings Pty Limited (IOMH) from MIRA Real...
CBL Properties files for voluntary Chaper 11 bankruptcy protection
CBL Properties said on Monday that CBL & Associates Properties, Inc., CBL & Associates Limited Partnership (the Operating Partnership), and certain other related entities...
PREIT files for Chapter 11 petition to execute financial restructuring plan
Mall owner PREIT, owns and operates over 22 million square feet of retail space in the eastern half of the United States, has filed a...
Dexus to sell office tower in North Sydney for $273m
Australian real estate group Dexus said on Monday that it has conditionally exchanged contracts to sell 60 Miller Street, a Grade A office tower...
Kennedy Wilson invests $198m in western U.S. multifamily portfolio
Kennedy Wilson has acquired 880 units across three multifamily properties in an off-market transaction for $198 million in the Mountain States.
The multifamily assets were acquired...
The 10 most read CRE Herald news stories in October
Here are the 10 most read CRE Herald global commercial real estate (CRE) market news stories for the month.
Bill Gates’ Cascade Investment, GIC buy stakes...
PGIM Real Estate buys industrial portfolio in New Jersey for $275m
PGIM Real Estate, the real estate investment and financing business of PGIM, has acquired a four-building 2.2-million-square-foot industrial portfolio in New Jersey for $275...
Brookfield buys new office building in Bellevue, WA for $365m
Wright Runstad & Company, Shorenstein Properties and institutional investors advised by J.P. Morgan Asset Management have sold the recently completed Block 16 office building...
Amazon to open Melbourne fulfilment centre at Dexus industrial estate
Amazon Australia said on Friday that it plans to open a second Melbourne fulfilment centre (FC) late next year. It will create 300 jobs...
San Francisco’s Transamerica Pyramid tower sells for $650m
A joint venture led by Deutsche Finance America and SHVO has completed the acquisition of the Transamerica Pyramid Center in San Francisco for $650...
Elanor acquires healthcare real estate in Brisbane
Elanor Investors Group, an investment and funds management business, announced that the Elanor Healthcare Real Estate Fund (EHREF) has acquired the Woolloongabba Community Health...
