SPH buys aged care portfolio in Canada for C$232.9m

SPH buys aged care portfolio in Canada for C$232.9m

Singapore Press Holdings Limited (SPH), through a wholly-owned subsidiary, has signed an agreement with affiliates of Columbia Pacific Advisors, LLC to acquire a portfolio of...
Cromwell lodges development application for A$85m office building in Canberra

Cromwell lodges development application for A$85m office building in Canberra

Cromwell Property Group (Cromwell), a real estate investment manager listed on the Australian Securities Exchange, has lodged an $85 million development application (DA) for...
biproxi acquires commercial real estate listing website

biproxi buys commercial real estate listing site OfficeSpace.com

Commercial real estate platform biproxi announced that it has acquired OfficeSpace.com, a commercial real estate (CRE) data and listing website. biproxi plans to consolidate...
Class A office campus in Silicon Valley sold for $276m

Class A office campus in Silicon Valley sold for $276m

A joint venture between Northridge Capital, LLC, the Washington, D.C.-based real estate investment and asset management firm, and Kamco Invest, the Kuwait-based asset management and investment...
ARA, QuadReal JV acquire Grade A office project in Melbourne

ARA, QuadReal JV acquire Grade A office project in Melbourne

A joint venture between ARA Asset Management Limited (ARA), a global real assets fund manager, and QuadReal Property Group (QuadReal), a global real estate...
Hongkong Land acquires prime mixed-use site in Shanghai for US$4.4bn

Hongkong Land acquires prime mixed-use site in Shanghai for US$4.4bn

Hongkong Land Holdings Ltd, a unit of the Jardine Matheson Group, announced that it has acquired a prime 23.1 hectare mixed-use site on the...
Cushman & Wakefield acquires Colvill Office Properties in Houston

Cushman & Wakefield acquires Colvill Office Properties in Houston

Cushman & Wakefield (NYSE: CWK) announced that the firm has acquired Colvill Office Properties, a leading provider of office agency leasing services in Houston....
Franklin Templeton to acquire Legg Mason for $4.5bn

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...
US construction starts move lower in January

US construction starts move lower in January

Total construction starts in the U.S slipped 6% from December to January to a seasonally adjusted annual rate of $759.2 billion, according to Dodge Data...
PropTech firms optimistic about growth of their market, says KPMG survey

PropTech firms optimistic about growth of their market, says KPMG survey

Real estate companies are increasing their engagement with digital, with 58 percent stating they have a digital strategy in place, up from 52 percent...
ESR to build largest logistics facility in Greater Nagoya, Japan

ESR to build largest logistics facility in Greater Nagoya, Japan

Asia-Pacific focused logistics real estate platform ESR Cayman Limited (ESR) announced that it will invest an estimated JPY27 billion (approximately US$245 million) to develop...
Shorenstein sells Class A office towers in Santa Clara

Shorenstein sells Class A office towers in Santa Clara, CA

Shorenstein Properties LLC has sold Santa Clara Towers, the 11-story, twin Class A office towers totaling 445,000 square feet located along Highway 101 in...

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