Chicago’s iconic office building sold for $376 million
A joint venture between SHVO and Deutsche Finance America has completed the acquisition of 333 South Wabash Avenue in Chicago’s East Loop, an iconic...
Cromwell divests European platform for €280m
Cromwell Property Group has agreed to sell its European fund management platform and associated co-investments to Stoneweg, a Geneva headquartered, multi-strategy real estate investment...
Wanda to invest $11.6bn in Shenyang, Northeastern China
China's Wanda Group announced that it has signed a strategic agreement with the municipal government of Shenyang, the capital city of Liaoning Province in Northeastern China....
Investors pull $13.8bn from EM securities in August amid trade tensions
According to The Institute of International Finance (IIF) capital flows tracker report, after a relative positive performance in July (with inflows of $24.3 bn), investors...
Harrison Street adds 26 self-storage properties to portfolio
Harrison Street has purchased a portfolio of 26 self-storage properties comprised of nearly 2.7 million rentable square feet and 18,765 units, across six states.
The...
PAG closes its real estate fund at US$2.75bn
PAG, Hong Kong-based investment firm, announced the final closing of Secured Capital Real Estate Partners VII(SCREP VII), its latest opportunistic Asia real estate fund,...
Franklin Templeton to acquire Legg Mason for $4.5bn
Franklin Resources, Inc., a global investment management organization operating as Franklin Templeton, has agreed to acquire Legg Mason, Inc. for $4.5 billion or $50.00...
Brookfield, Digital Realty to establish India data center joint venture
Digital Realty and Brookfield Infrastructure have agreed to form a 50/50 joint venture to develop, own and operate data centers in India.
India is a high-growth market,...
Canada’s largest pension fund CEO resigns after COVID-19 vaccine travel
Mark Machin, the CEO of Canada's largest pension fund CPP Investments, has resigned due to mounting criticism after it was revealed that he travelled...
Prologis and GIC launch $1.6bn US build-to-suit logistics partnership
Prologis, Inc. and Singapore-based GIC have formed a $1.6 billion joint venture to develop and own build-to-suit logistics facilities across major U.S. markets, the...
GLP Japan logistics fund reaches $5.4bn assets under management
GLP has announced the second close of GLP Japan Income Fund (GLP JIF), Japan’s largest private open-ended logistics real estate income fund, with JPY...
Slate acquires commercial real estate business from Annaly for $2.3bn
Slate Asset Management, a real estate focused alternative investment platform, has acquired Annaly Capital Management's commercial real estate business (ACREG) for US$2.33 billion.
The acquisition includes...
