KKR adds industrial assets to Phoenix portfolio
KKR has purchased a three building industrial portfolio located in highly infill locations in Phoenix, Arizona from a joint venture between PCCP, LLC and Hopewell Development LP.
All three...
Demand for rental apartments remains high, says Empira Group
The Empira Group, an investment manager for institutional real estate investments in the DACH region, has completed its quarterly research report on the current...
Pebblebrook Hotel Trust to sell historic landmark hotel in Nashville for $56m
Pebblebrook Hotel Trust, a publicly traded real estate investment trust (REIT), has agreed to sell Union Station Hotel Nashville, Autograph Collection in Nashville for...
Blackstone to acquire Interior Logic Group for $1.6bn
Blackstone-managed private equity funds have agreed to acquire Interior Logic Group Holdings, LLC (ILG) from Littlejohn & Co. LLC, Platinum Equity and other equity holders,...
Vantage tops out first data center in Goodyear, Arizona
Vantage Data Centers has topped out the construction of its first 32MW data center in Goodyear, Arizona, just outside of Phoenix, one of the...
JLL Income Property Trust buys Boston apartment community for $72.5m
JLL Income Property Trust has purchased Princeton North Andover, a 192-unit apartment community in the affluent north-Boston suburb of North Andover, Massachusetts, for $72.5...
Blackstone to acquire Preferred Apartment Communities for $5.8bn
Blackstone Real Estate Income Trust (BREIT) has agreed to acquire Preferred Apartment Communities for $5.8 billion.
Under the terms of the agreement, BREIT will acquire...
Cushman & Wakefield completes sale of six-building, last-mile portfolio in the Baltimore-Washington Corridor
Cushman & Wakefield (NYSE: CWK) announced the completed $90,500,000 sale of Techwood Business Center, a six-building, 648,173-square-foot portfolio strategically located in the Baltimore Commons...
ESR raises US$750m in initial closing for ESR Japan fund
ESR Cayman Limited Thursday announced the initial closing of ESR Japan Income Fund (JIF) endowed with US$750 million of equity commitments.
The newly-launched fund is...
Starwood closes $10.2bn global opportunistic real estate fund
Starwood Capital Group has announced the final closing of Starwood Distressed Opportunity Fund XIII (SOF XIII), securing capital commitments exceeding $10.2 billion.
Following the fundraising,...
GPT retail portfolio value reduces by 8.8 percent
Australia’s property group and the ASX-listed company GPT Group announced that it has independently revalued its retail portfolio as at 31 May 2020.
The...
Revetas to reposition $4bn German-owned US real estate portfolio
Revetas has been mandated to manage and reposition a $4.0 billion U.S. property portfolio on behalf of a German investment manager representing multiple German...
