Ivanhoé Cambridge, Lendlease launch new life science joint venture
Ivanhoé Cambridge and Lendlease have launched a new life science joint venture to invest in state-of-the-art labs, offices and manufacturing spaces in high-growth life science clusters...
URW sells shopping mall in California for $199m
Unibail-Rodamco-Westfield (URW) has sold Westfield Valencia Town Center, a regional mall in Santa Clarita, California, to Centennial Real Estate (Centennial) for $199 million, above...
Luxury mixed-use asset in LA’s Koreatown sold for $170m
-Institutional Property Advisors Closes Luxury Mixed-Use Asset Sale in LA’s Koreatown
-The sales price is $170,875,000.
Institutional Property Advisors (IPA), a division of Marcus & Millichap,...
AXA IM Alts raises €4bn for global CRE debt platform
AXA IM Alts has raised over €4 billion for its global commercial real estate (CRE) debt platform in the past year.
The platform, which...
Spirit Airlines to build new global headquarters in Florida
Spirit Airlines will build a new global headquarters in Dania Beach, Florida. The company plans to move into the new campus by mid-2022.
The...
La Caisse, Prologis launch €1bn pan-European logistics venture
La Caisse and Prologis have agreed to establish a pan-European logistics joint venture, targeting high-quality warehouse assets across key markets as demand for modern...
Google buys The Milk Building from Jamestown in Chelsea
Jamestown finalized the sale of The Milk Building, located at 450 W. 14th Street, to Google earlier today. The building is an eight-story, 325,000...
Hyatt and BTG Hotels to create new hospitality brand
Hyatt Hotels Corporation and BTG Hotels Co. have entered a strategic joint venture to create a new hospitality brand to expand across China. The...
Global prime office rent and fit-out costs rise in Q3, says Savills
Rents for prime office spaces rose by 0.2%, and fit-out costs increased by 0.3% in Q3 2024, bringing the year-on-year growth in net effective...
AXA IM Alts sells new office building in Tokyo
AXA IM Alts has sold its newly completed a c. 4,000 sqm office building in Roppongi in Tokyo, Japan to a Korean-based investment and...
London’s iconic BT Tower sold to US hotel group for £275m
BT Group has agreed to sell the iconic BT Tower in London to US hotel group MCR Hotels for £275m.
MCR Hotels intends to...
Norway’s wealth fund backs constructive talks between Prologis and Segro
Norges Bank Investment Management has called on Prologis and Segro to engage in constructive discussions over a potential combination, saying the proposal merits consideration...
