Ascott Residence Trust to sell serviced residences for S$191.4m
Singapore-listed hospitality trust Ascott Residence Trust (ART) has entered into two conditional agreements to sell serviced residences, Ascott Guangzhou in China and Citadines Didot...
Singapore’s OUE to sell iconic Class A office property in Los Angeles for $430m
Singapore-listed property developer OUE Limited will sell the U.S. Bank Tower, a Class A office property located in downtown Los Angeles, California for US$430...
CBRE: New York City retail sector adapt to new reality
New York City’s retail sector experienced significant deceleration in leasing activity in the first half of 2020 intensified by the COVID-19 pandemic, according to CBRE’s...
Avison Young appoints Troy Jenkins as Principal and Director of Investment Management
Commercial real estate services firm Avison Young has appointed Troy Jenkins as Avison Young Principal and Director of Investment Management. Jenkins is based in Los Angeles and...
Blackstone Strategic Partners closes seventh real estate secondaries fund at $1.9bn
Strategic Partners, Blackstone’s secondary and fund solutions business, announced the final close on $1.9 billion for Strategic Partners Real Estate VII L.P. and its...
ESR-REIT and Sabana REIT announce proposed merger
The managers of ESR-REIT and Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) jointly announced theproposed merger of ESR-REIT and Sabana REIT.
According...
Charter Hall funds buy industrial portfolio leased to Owens-Illinois Australia
Charter Hall Group managed two funds, the Charter Hall Prime Industrial Fund (CPIF) and Charter Hall Direct Industrial Fund No.4 (DIF4), have acquired an...
CBRE Global Investors buys historic San Francisco office building
A fund sponsored by CBRE Global Investors has acquired 123 Townsend Street, a 137,625-square-foot office building in San Francisco’s SoMa neighborhood. The purchase price...
Bridge raises $1.3 billion for Opportunity Zones strategy
Bridge Investment Group (“Bridge”) is pleased to announce that it has raised $1.3 billion in its Opportunity Zones strategy, with the significant majority of...
Transwestern, UBS JV sells Amazon last-mile facility in Katy, Texas
A joint venture between Transwestern Development Company and UBS Realty Investors has sold its final phase of West Ten Business Park, which includes a...
Lowe, Related JV starts construction of office building in Los Angeles
A joint venture between Los Angeles-based Lowe and Related Fund Management (RFM), the investment management affiliate of Related Companies, has begun construction of 113,000-square-foot,...
Griffin Capital closes fourth of nine land acquisitions in qualified opportunity zones
Legacy at Encore’ – a 228-Unit Multifamily Community in Tampa, Florida is the Second Property Developed in Partnership with Legacy Partners
Griffin Capital Company, LLC...
