Blue Owl to buy Oak Street for $950m
Blue Owl Capital Inc. has agreed to acquire Chicago-based real estate investment firm Oak Street Real Estate Capital LLC and its investment advisory business...
NPS, Tishman Speyer launch $1.5bn investment platform
The National Pension Service of Korea (NPS) and Tishman Speyer have launched NPS-Tishman Speyer Thematic Platform, a $1.5 billion separately managed account (SMA) focused on investments in...
Bloomberg signs expansion lease at SL Green’s 919 Third Avenue
Media giant Bloomberg has signed a 191,207 square foot expansion lease at 919 Third Avenue covering the entire 28th through 33rd floors.
This expansion increases Bloomberg’s...
Teacher Retirement System of Texas buys office property in Austin
Shorenstein Properties has sold the Alpha Building to the Teacher Retirement System of Texas (TRS). Terms of the transaction were not disclosed.
The Alpha Building is located north...
AXA IM Alts appoints Fiona Choi Kurz as US Senior Sales Manager
AXA IM Alts has appointed Fiona Choi Kurz as U.S. Senior Sales Manager.
Based in New York, Fiona Choi Kurz will play a key role...
Blackstone to buy PS Business Parks for $7.6bn
Blackstone has agreed to acquire PS Business Parks for $7.6 billion.
PS Business Parks(PSB) and Blackstone Monday said that they have entered into a definitive...
LaSalle Canada Property Fund buys industrial portfolio in Toronto
LaSalle Canada Property Fund has acquired 21 mid-bay industrial properties in the Greater Toronto Area with an unnamed international partner.
The properties total nearly...
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...
Ocean West, Tiger sell US industrial portfolio for $900m
An investment group led by Ocean West Capital Partners and Tiger Alternative Investors has sold a 7-property industrial portfolio for over $900 million.
The portfolio...
LGIM Real Assets launches US real estate equity platform
Legal & General Investment Management Real Assets (LGIM RA) has announced the launch of a dedicated real estate equity platform in the United States.
The...
Real estate fund managers optimistic about fund launches and capital raising
Real estate fund managers and other alternative fund managers are optimistic about launches and fund raising over the next 18 months, according to new...
KKR sells US industrial real estate portfolio for $560m
Global investment firm KKR has divested over 5 million square-feet (SF) of industrial warehouse and distribution properties for over $560 million.
The dispositions were...
