NAB : Australian commercial property market sentiment falls in Q1 2020
Australian commercial property market sentiment fell 8 points to a below average 0 in the March quarter, according to The NAB Commercial Property Index...
NRF Chief Economist: Recovery likely to come in ‘fits and starts’
With some stores starting to reopen as governors lift stay-at-home orders across the country, economic recovery from the coronavirus pandemic is likely to come...
Microsoft to establish its first data center region in New Zealand
Microsoft Corp. announced it plans to establish its first data center region in New Zealand. ''A major milestone toward delivering enterprise-grade cloud services in the country,'' says the company in a statement.
The New Zealand...
SL Green, National Pension Service of Korea and Hines form joint venture partnership at...
SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, today announced that it has sold a 49.5% interest in One Madison Avenue to the...
SL Green sells 609 Fifth Avenue retail condominium for $168m
SL Green Realty Corp. an S&P 500 company and a fully integrated real estate investment trust, or REIT, announced it has entered into a...
CIM Group launches CIM Real Assets & Credit Fund
CIM Group (“CIM”) announced the launch of CIM Real Assets & Credit Fund (“CIM RACR” or the “Fund”), a new closed-end interval fund. CIM...
New Moody’s Analytics CRE forecasts predict 11% drop in retail rents in 2020
Moody’s Analytics today announced its new forecasts for commercial real estate (CRE) rents and vacancies, covering eight property types and more than 3,000 submarkets...
Colliers says 1 in 5 Canadian commercial tenants requested rent relief for April
A new Colliers Canada report shows that 21 per cent of 7,100 retail, industrial and office tenants surveyed requested April rent relief as Canadian...
Walker & Dunlop closes $2.4bn credit facility, the largest transaction in its history
Commercial real estate finance company Walker & Dunlop, Inc., headquartered in Bethesda, Maryland, has closed a $2.4 billion Fannie Mae credit facility, the largest...
Retailers welcome Federal Reserve expansion of Main Street Lending Program
The National Retail Federation today welcomed the Federal Reserve’s decision to allow larger midsize businesses hit by the coronavirus pandemic to participate in its...
MLL Capital continues medical office portfolio expansion
MLL Capital, a commercial real estate investor focused on medical office, laboratory and life sciences properties across the US, continues to expand its portfolio...
CIM Group to acquire regional shopping mall in Los Angeles
CIM Group has signed a purchase and sale agreement to acquire Baldwin Hills Crenshaw Plaza, a regional shopping mall in the Baldwin Hills/Crenshaw market...
