Fannie Mae predicts Fed to cut rates by 50 bps at its next meeting
The COVID-19 (coronavirus) outbreak and sharp decline in oil prices will likely cause a decrease in U.S economic growth, according to the latest commentary from the...
Savills acquires project management firm in North America
Savills plc, the international real estate advisor, has acquired Macro Consultants LLC, a project management firm in North America.
The acquisition completed on 11 March 2020 and is...
MISUMI to relocate North American HQ to Schaumburg Corporate Center
MISUMI, a global supplier of configurable components, announced the relocation of its North American corporate headquarters to Glenstar’s Schaumburg Corporate Center located at 1475...
Allianz Real Estate to become part of PIMCO
PIMCO and its parent company Allianz Group, have agreed to transition the management and oversight of Allianz Real Estate to PIMCO. Allianz Real Estate...
Colliers to acquire engineering services firm in U.S
Commercial real estate services and investment management firm Colliers International has entered into an agreement to acquire a controlling interest in Maser Consulting P.A....
Tesco to sell its businesses in Thailand and Malaysia for $10.6bn
UK's retail giant Tesco Plc. has agreed to sell its businesses in Thailand and Malaysia, which is comprised of Tesco’s entire shareholding in Tesco...
Paramount to sell 1899 Pennsylvania Avenue for $115m
Paramount Group, Inc. (NYSE: PGRE) has entered into an agreement to sell 1899 Pennsylvania Avenue, a 191,000 square foot office building located in Washington,...
ARA acquires majority stake in LOGOS
ARA Asset Management Ltd (ARA) has acquired a majority stake in LOGOS via its logistics arm, ARA Logistics Partners Limited, joining existing shareholders, LOGOS’...
Nuveen Real Estate’s U.S. Cities Industrial Fund raises $660m
Nuveen Real Estate, one of the largest real estate investment managers globally with $130 billion of assets under management, has raised $660 million to...
COVID-19 outbreak hits APAC real estate markets hard : Colliers International
Real estate markets across the Asia Pacific region, hit hard by the COVID-19 outbreak, are poised for a rebound in the second half of 2020, according...
Singapore tops Asian outbound real estate investment in 2019
For the second consecutive year, Singapore topped Asian outbound real estate investment in 2019 at US$15 billion, albeit reflecting a 33% decline y-o-y from...
Cushman & Wakefield acquires US multifamily property management firm
Cushman & Wakefield has acquired Pinnacle Property Management Services, LLC, the third largest multifamily property management firm in the U.S.
''The acquisition establishes a...
