Phoenix Investors buys historic campus in Endicott, New York
Milwaukee-based commercial real estate firm Phoenix Investors has acquired the Huron Campus in Endicott, New York. The purchase price was not disclosed.
The Huron Campus,...
Empira buys development site in Miami’s Brickell area
Switzerland-based institutional real estate investment firm Empira Group has acquired the 901 SW 3rd Avenue development site, formerly known as Empire Brickell, in Miami’s...
PS Business Parks announces addition to the S&P MidCap 400 Index
PS Business Parks, Inc., a real estate investment trust (“REIT”) that acquires, develops, owns and operates commercial properties, primarily multi-tenant industrial, flex and office...
Apple plans to invest $1bn in North Carolina campus
Apple said Monday that it plans to invest more than $430 billion in the United States and add 20,000 new jobs across the country...
GFH and Panattoni form $500m logistics partnership in Saudi Arabia
Bahrain-based investment group GFH Financial Group and Panattoni Saudi Arabia have formed a strategic partnership to develop 500,000 square meters of state-of-the-art logistics facilities...
Alibaba to invest $3.6bn in Chinese supermarket chain Sun Art
Alibaba Group Holding Limited will invest USD3.6 billion to acquire a controlling stake in Sun Art Retail Group Limited, a hypermarket and supermarket...
KKR to buy real estate asset management company in Japan for $2bn
KKR said that 76KK, a subsidiary of KKR, agreed to acquire all of the outstanding shares of Mitsubishi Corp.-UBS Realty Inc. (MC-UBSR), a real estate...
CDL Hospitality Trusts adds Exeter hotel to UK portfolio
Singapore-listed CDL Hospitality Trusts has agreed to acquire Hotel Indigo Exeter and two retail units from Hotel Exe Limited, Plaza Properties and Plaza Retail...
Keppel REIT to buy office building in North Sydney for A$328m
Singapore-based Keppel REIT has agreed to acquire a 100% interest in Blue & William, a freehold Grade A office building currently under development in...
PGIM Real Estate completes $30bn of transactions in 2020
PGIM Real Estate, the real estate investment and financing business of PGIM, has completed nearly US$30 billion in transactions worldwide in 2020.
The volume...
US commercial real estate price growth slows in May
US commercial real estate price growth has slowed in may due to the impacts of COVID-19 pandemic crisis. According to the latest Real Capital Analytics RCA CPPI (Commercial...
Trump’s company intends to sell its flagship Washington D.C. hotel
US President Donald Trump’s company The Trump Organization intends to sell its flagship Washington D.C. hotel, the Trump International Hotel, which opened in late 2016...
