Ascendas Reit acquires two office properties in San Francisco for US$560.2m
Singapore-listed business space and industrial real estate investment trust, Ascendas Real Estate Investment Trust (Ascendas Reit) has agreed to acquire two office properties located...
Prologis to acquire Liberty Property Trust for $12.6bn
Prologis, Inc., the global logistics real estate company, has agreed to acquire Liberty Property Trust, a publicly traded real estate investment trust which owns...
Angelique Brunner joins Cushman & Wakefield Board of Directors
The Board of Directors of Cushman & Wakefield (NYSE: CWK) today announced the recent appointment of Angelique Brunner as an independent member of the...
New Ease, QuadReal form $1bn China logistics partnership
China-based logistics real estate platform New Ease has formed a China logistics partnership, New Ease Gold Development L.P., with global real estate manager QuadReal...
Lendlease signs $15bn deal to develop Google’s Bay Area projects
Lendlease, a global property and infrastructure group, headquartered in Sydney and listed on the Australian Securities Exchange, has signed a deal worth US$15 billion...
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...
DiamondRock sells hotel in New York City for $185m
DiamondRock Hospitality Company has completed the sale of the 725-room Lexington Hotel in New York City for $185.3 million.
Including the company's projected capital expenditures, the sale price...
AXA IM Alts pays €423m for two Japanese residential portfolios
AXA IM Alts has acquired a portfolio of twenty-nine multi-family residential assets and a portfolio of four student accommodation assets for €423 million (¥58...
Segro confirms rejection of Prologis proposal, cites valuation gap
Segro plc has confirmed that it has rejected an unsolicited takeover proposal from Prologis, Inc., stating that the indicative terms “fall a long way...
ESR Australia buys redevelopment site in Acacia Ridge, Queensland
ESR Australia Development Partnership (EADP) has acquired an 18 ha infill redevelopment site at 1502 Beaudesert Road in Acacia Ridge, Queensland.
According to the...
Columbia, WeWork terminate lease at 149 Madison Avenue in Manhattan
Columbia Property Trust and WeWork have released a joint statement on Thursday regarding termination of WeWork’s lease at 149 Madison Avenue in Manhattan.
The statement...
Investcorp pays $640m for 64 industrial properties in US
Investcorp has expanded its US industrial portfolio with the acquisition of 64 properties totaling approximately 5.6 million square feet across seven major US markets...
