Blackstone announces $8bn final close for latest real estate debt fund
Blackstone announced the final close of its most recent real estate debt fund, Blackstone Real Estate Debt Strategies IV (BREDS IV). BREDS IV has...
Paul McDonnell to step down from United Rentals
United Rentals, Inc. (NYSE:URI) today announced that Paul McDonnell, chief commercial officer, will leave the company on September 30, 2020. Mr. McDonnell will continue...
IWG signs first Australian franchise deal to open 10 new coworking spaces
Flexible workspace provider IWG has signed its first Australian franchise deal with Adams Group, the Queensland convenience store and service station operator.
The partnership will...
Keppel Capital, Korean pension fund plan to invest in Asian infrastructure
Keppel Capital Holdings Pte. Ltd. (Keppel Capital) has announced a cooperation with the National Pension Service of Korea (NPS) to explore investment opportunities for private...
Ascendas Reit to acquire office property project in Sydney for A$167.2m
Singapore listed industrial real estate investment trust Ascendas Real Estate Investment Trust (Ascendas Reit) has agreed to acquire a suburban office property (MQX4), to...
Mack-Cali sells office portfolio in Morris County, New Jersey for $160m
Mack-Cali Realty Corporation, a real estate investment trusts (REITs), headquartered in Jersey City, New Jersey, announced it has sold a 10-building office portfolio in Morris County,...
Turner-AECOM Hunt joint venture celebrates the opening of SoFi Stadium, largest in the NFL
SoFi Stadium recently kicked off its first regular season NFL football game
Turner-AECOM Hunt, the joint venture of Turner Construction Company and AECOM Hunt, part...
KKR acquires industrial property in Phoenix for $43m
Global investment firm KKR has acquired an industrial distribution property in Phoenix, Arizona for $43 million. The asset is the third industrial property acquired...
Greystar to acquire 45% of private real estate investment firm
Greystar Real Estate Partners, LLC announced it has agreed to acquire 45 percent of Thackeray Partners (Thackeray), a private real estate investment firm with...
Simon to close properties on Thanksgiving Day
Simon Property Group, the largest shopping center owner in the U.S., announced it will not open properties on Thanksgiving Day.
"In these challenging times, we made...
SL Green celebrates the historic opening of One Vanderbilt Avenue
1,401 foot tower redefines the Manhattan skyline, transforms the modern workplace and reaffirms the future of New York City
SL Green’s private $220 million investment...
Elion Partners acquires last-mile industrial distribution asset in Southern California
Real estate investment firm Elion Partners has acquired a 110,663-square-foot last-mile industrial distribution asset located at 1111 Pioneer Way in El Cajon, California, a...
