ESR expands Australian logistics partnership with GIC
Hong Kong-listed logistics real estate platform ESR and Singapore’s sovereign wealth fund GIC have extended their core plus logistics strategy with the launch of...
Fifth Wall closes largest property technology fund to date at $866m
Venture capital firm Fifth Wall has closed its latest property technology (proptech) fund, Real Estate Technology Fund III, at $866 million.
Fifth Wall said this...
PepsiCo buys 152 acres of land in Denver to build its largest plant in...
PepsiCo Beverages North America (PBNA) has acquired nearly 152 acres of land at the Denver High Point development area to build a state-of-the-art, 1.2...
VICI Properties to acquire MGM Growth Properties for $17.2bn
VICI Properties is acquiring MGM Growth Properties LLC for $17.2 billion.
VICI Properties, MGM Growth Properties LLC and MGM Resorts International, MGP’s controlling shareholder, have...
Vonovia to sell residential portfolio stake to Apollo for €1bn
European private residential real estate company Vonovia, headquartered in Germany, has agreed to sell an almost 30 percent stake in its Südewo residential portfolio...
Elion Partners acquires last-mile industrial assets for $83m
Real estate investment firm Elion Partners has acquired four last-mile industrial distribution assets located across the West Coast for $83 million.
The acquisitions comprise...
Apple expands in Austin
Company Breaks Ground on New Campus, Begins Production of All-New Mac Pro
Apple announced the start of construction on its new campus in...
Blackstone completes $18.7bn acquisition
Blackstone has closed on its previously announced acquisition of U.S. logistics assets from three of GLP’s U.S. funds for a purchase price of $18.7...
Marriott to debut St.Regis brand at Chicago’s iconic Vista Tower
Marriott International, Inc. has signed an agreement with Magellan Development Group to debut its St.Regis Hotels & Resorts brand at iconic Vista Tower project in...
Australia’s industrial sector records strongest ever quarter, says RCA
Australia's commercial property sales moved up a gear in the second quarter, with the industrial sector posting the strongest ever quarterly deal flow, the latest Australia...
CDL to sell Seoul hotel for KRW 1.1 trillion
Singapore-listed City Developments Limited (CDL) is divesting the Millennium Hilton Seoul hotel to Korean real estate investment manager IGIS Asset Management.
City Developments Limited said Monday...
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...
