Hines, NPS JV plans $2.5bn project in San Francisco
Hines and the National Pension Service of Korea (NPS), a South Korean pension fund, have acquired the historic Pacific Gas & Electric Company (PG&E)...
BioMed Realty relocates headquarters to University Towne Centre
BioMed Realty, a leading provider of real estate solutions to the life science community, has relocated their headquarters to discover@UTC at University Towne Centre,...
Real estate investment volume in Singapore rises in Q3 2019
The total real estate investment volume in Singapore increased to $16.74 billion in the third quarter of 2019, a 150 per cent jump...
Dexus to buy APN Property to expand funds management business
Dexus is acquiring ASX-listed APN Property Group to further strengthen its funds management business.
Dexus has entered into a binding scheme implementation deed (SID) with...
Sentinel Real Estate acquires Hearthstone Investments
Sentinel Real Estate has acquired Hearthstone Investments, a UK-based investment manager specialising in affordable private rental housing.
The acquisition follows Sentinel’s entry into the UK...
April retail sales drop nearly twice as much as March during coronavirus pandemic
Retail sales dropped almost twice as much during April as they did in March as the nation’s economy saw its first full month when...
CDL to acquire 51.01% joint controlling interest in China’s Sincere Property
City Developments Limited (CDL), a global real estate company, listed on the Singapore Exchange, has entered into a definitive agreement to acquire a 51.01%...
JLL arranges $421.8m financing for Atlanta office complex
JLL's Capital Markets group has arranged a $421.8 million financing for Piedmont Center, a 14-building, 2.2 million-square-foot, Class A office complex in Atlanta, Georgia.
JLL worked on behalf of...
Michelin-leased distribution facility in Chicago sells for $135m
Bahrain-based investment firm GFH Financial Group has acquired a distribution facility in Chicago, Illinois for US$135 million.
The real estate asset has been leased since...
Caesars, VICI to sell Bally’s Atlantic City for $25m
Caesars Entertainment and VICI Properties have reached an agreement to sell the Bally’s Atlantic City Hotel & Casino to Twin River Worldwide Holdings Inc....
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...
CBRE to establish global financial HQ in Midtown Manhattan
CBRE Group has announced plans to establish its new Global Financial Headquarters at the historic Lever House, located at 390 Park Avenue in Midtown...
