Marcus & Millichap to acquire Mission Capital
Marcus & Millichap (MMI) has entered into a definitive agreement to acquire Mission Capital, a real estate capital markets solutions firm with offices in...
Alibaba to invest $3.6bn in Chinese supermarket chain Sun Art
Alibaba Group Holding Limited will invest USD3.6 billion to acquire a controlling stake in Sun Art Retail Group Limited, a hypermarket and supermarket...
India’s Prestige Group signs deal with Blackstone to sell commercial properties
Prestige Group, a property development company in South India, said on Saturday that it has signed term sheets with Blackstone, a global private equity...
Retail sales growth speeds up as September marks fourth month of gains
A strong rebound in apparel led a continuing V-shaped recovery from the pandemic as retail sales accelerated their rate of growth in September and...
Amazon to open two new fulfillment centers in Kansas
Amazon.com, Inc. said today it plans to open two new fulfillment centers in Kansas. The new fulfillment centers are anticipated to launch in 2021.
The new...
Ventas fund acquires life science portfolio in South San Francisco for $1bn
Ventas Life Science and Healthcare Real Estate Fund, L.P. has acquired a trophy life science portfolio in the premier South San Francisco life science...
GLP forms joint venture to invest in Vietnam logistics real estate
SEA Logistic Partners (SLP) and GLP have formed a new joint venture to invest in and develop modern logistics real estate in Vietnam.
The...
Blackstone to sell BioMed Realty for $14.6bn
Blackstone announced that Blackstone Real Estate Partners VIII L.P. and co-investors have agreed to sell BioMed Realty, a life science office company, for $14.6...
DivcoWest closes real estate investment fund at $2.25bn
DivcoWest, a real estate investment firm headquartered in San Francisco, has closed its latest value-add real estate investment fund, DivcoWest Fund VI, at approximately...
Greystone closes $289m loan to refinance Midtown Manhattan multifamily
Greystone has closed a $289.3 million, 10-year fixed Freddie Mac loan for BLDG Management Company, Inc.(BLDG) to refinance the Summit, a multifamily rental building...
Bill Gates’ Cascade Investment, GIC buy stakes in StorageMart
Singapore’s sovereign wealth fund GIC, along with Bill Gates' Cascade Investment, L.L.C. and other investors have acquired stakes in StorageMart, the largest privately owned...
U.S. opens more hotels than any country during pandemic
U.S. has opened more hotels and rooms than any country during the coronavirus pandemic, between the beginning of March and end of September, according...
