Singapore’s Ascendas REIT to acquire logistics property in Sydney for A$23.5m
Singapore’s listed business space and industrial real estate investment trust, Ascendas Real Estate Investment Trust (Ascendas Reit) said it has agreed to acquire a...
Digital Realty announces second data centre in Hong Kong
Digital Realty announced the development of a new, carrier-neutral data centre in a purpose-built facility in Hong Kong, to be named Digital Realty Kin...
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...
Amazon Australia to open robotics fulfilment centre in Western Sydney
Amazon Australia said it plans to open its first Amazon Robotics fulfilment centre (FC) at Goodman’s Oakdale West Industrial Estate in Western Sydney.
The...
Primewest buys two shopping centres from Charter Hall
ASX listed Primewest (PWG), a property fund manager with over A$4.5 billion of assets under management across all mainland states of Australia and the...
Commercial/multifamily mortgage debt in U.S rises to $3.72 trillion
The level of commercial/multifamily mortgage debt outstanding rose by $61.0 billion (1.7 percent) in the first quarter of 2020, according to the Mortgage Bankers...
Hines to enter Bangalore office market
Global real estate firm Hines announced that it has partnered with DNR Group, a local real estate development group, to enter the Bangalore office...
Taubman Centers opens all properties in U.S. and Asia
Taubman Centers, Inc. announced that it has opened 100 percent of its shopping centers in the U.S. and Asia. The company said most U.S....
NRF chief economist says pandemic recession could already be easing but ‘no one has...
The economic downturn brought on by the coronavirus pandemic has officially been declared a recession, but National Retail Federation Chief Economist Jack Kleinhenz said...
Schroders to acquire stake in US$1.1bn Asian real estate investment manager
Schroders announced that it has reached an agreement to acquire a majority stake in Pamfleet, a real estate investment manager with offices in Hong...
Colony Capital completes additional steps in ongoing digital transformation and strategic plan
Marc Ganzi Becomes President and Chief Executive Officer of Colony Capital; Jacky Wu Assumes Role of Chief Financial Officer
Founder Tom Barrack Remains as Executive...
KKR buys industrial properties for $260m
Global investment firm KKR has acquired two industrial distribution properties, totaling approximately 2.5 million square feet, in major markets of Chicago and Charlotte for $260 million.
''The...
