Frasers Centrepoint Trust to acquire remaining 63.1% in AsiaRetail Fund for S$1.06bn
Frasers Centrepoint Asset Management (FCAM), the manager of Frasers Centrepoint Trust (FCT), will acquire the remaining approximately 63.1% of the total issued share capital...
London beats global rivals in attracting foreign direct investment
The London Property Alliance, the representative body for prominent real estate developers and investors in the UK capital, has recently released its updated Global...
US commercial property prices fall in September
US commercial property prices declined in September, with the RCA CPPI National All-Property Index showing a 1.9% year-over-year decrease and a 0.3% dip from...
Brookfield, Longpoint JV recapitalizes 3.8 msf US logistics portfolio
Boston-based real estate investment company Longpoint Partners has formed a joint venture with Brookfield's real estate secondaries business.
The joint venture has recapitalized a...
AXA IM Alts begins construction of €220m Japanese logistics facility
AXA IM Alts announced it has begun construction of a Grade-A logistics facility on a 79,095 sqm site in Kisosaki, near Nagoya, Japan.
The development...
LaSalle raises $2.2bn for sixth Asia Pasific opportunistic fund
LaSalle Investment Management has raised over US$2.2 billion of equity for LaSalle Asia Opportunity VI (LAO VI) fund, including sidecars and co-investment programmes, exceeding...
Heeton-led Singaporean consortium acquires Crowne Plaza London Kensington
Heeton Holdings Limited, together with KSH Holdings Limited and Ho Lee Group Pte Ltd, announced the completion of the joint acquisition of the Crowne...
Target temporarily closes stores due to protest dangers
Minneapolis-based retail giant Target Corporation has closed temporarily its six stores which were looted and damaged during protests sparked across the US by the...
CapitaLand to buy hyperscale data centre campus in China
Singapore's CapitaLand is acquiring its first hyperscale data centre campus in China, the world’s second largest data centre market and the largest in Asia...
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...
DCI to develop data centre in Sydney
DCI Data Centers, a fully owned portfolio company of Brookfield Asset Management, has secured development approval from Blacktown City Council for a new 36-megawatt...
Amazon to open fulfillment center in Tennessee
Amazon plans to open a fulfillment center in Mt. Juliet, Tennessee.The new 855,000 square-foot site, which is anticipated to launch in late 2021, will create more than...
