US commercial property prices rise 6.7% y-o-y in September
U.S. commercial property prices increased by 6.7 percent year-over-year in September, according to the latest Real Capital Analytics CPPI (Commercial Property Price Indices) summary report. The...
Lendlease, Mitsubishi Estate pay $800m for Sydney One Circular Quay project
Australian real estate group Lendlease and Japanese real estate developer Mitsubishi Estate Asia have formed a joint venture to acquire the One Circular Quay project...
Cromwell divests Brisbane office tower for $108m
Cromwell Property Group has sold an office tower at 200 Mary Street in Brisbane for A$108.5 million to private markets finance and investment house...
CBRE hires new CIO
CBRE has hired senior investment banker Croft Young as its new Chief Investment Officer (CIO).
Young will join the company in July from Morgan Stanley,...
RPT Realty announces new net lease retail real estate platform
RPT Realty has formed a new core net lease retail real estate platform with co-investors GIC Private Limited, Zimmer Partners and Monarch Alternative Capital LP.
GIC,...
Hines buys historic Norton Building in Seattle
Hines has purchased the Norton Building, a 269,000-square-foot office building located at 801 2nd Avenue in downtown Seattle.
The purchase price was not disclosed. According to...
Capital Square, Greystar acquire land in Richmond for multifamily development
Capital Square and Greystar have acquired 2.28 acres of land in Richmond, Virginia's Scott's Addition opportunity zone for the development of 1601 Roseneath Road,...
FREY and GIC form €400m European retail parks partnership
Frey has established a €400 million equity partnership with Singapore-based global institutional investor GIC to invest in premium retail parks across Western Europe and...
Mirabaud acquires logistics facility in Houston for $108m
Mirabaud Asset Management has acquired a logistics facility in Houston, Texas from Indiana-based Duke Realty Corp. for $108 million.
The Katy Logistics facility, a 94,000...
Wharf buys residential site in Hong Kong’s Peak for US$1.5bn
The Wharf (Holdings) Limited announced that it has acquired a site on Mansfield Road at The Peak in Hong Kong for a total of...
AMC reaches agreement to reduce debt by at least $460 million and secures $300...
AMC announces amended exchange offers already agreed to by 73% of Senior Subordinate Noteholders representing almost $1.7 billion of AMC’s U.S. dollar and U.K....
AECOM to appoint W. Troy Rudd as Chief Executive Officer
AECOM (NYSE:ACM), the world’s premier infrastructure firm, today announced the appointment of W. Troy Rudd to Chief Executive Officer. Currently AECOM’s Chief Financial Officer,...
