KKR adds five properties to self-storage portfolio
KKR has expanded its self-storage portfolio in the US with the acquisition of five new properties for $98 million.
The five self-storage properties, totaling...
Preferred Apartment Communities stockholders approve acquisition by BREIT
Preferred Apartment Communities (PAC) said that, at the reconvened special meeting of stockholders, its stockholders approved the acquisition of PAC by Blackstone Real Estate...
Noble adds fourteen hotels to portfolio
Noble Investment Group has acquired a fourteen-asset Marriott, Hilton, and Hyatt hotel portfolio.
Noble plans to invest in physical enhancements across the portfolio.
“Since the...
WeWork to close 40 locations in US to reduce costs
Global flexible space provider WeWork Thursday said it plans to exit approximately 40 underperforming locations in the United States.
The closures, comprised of approximately 41,000...
Barings raises $680m for inaugural value-add office fund
Barings has announced the close of its inaugural value-add office fund, Barings Innovation and Growth Real Estate Fund (BIG) and associated vehicles, at $680...
URW secures $925m financing for Los Angeles shopping center
Unibail-Rodamco-Westfield (URW) has secured $925m of new financing for Westfield Century City shopping center in Los Angeles, California, as part of its ongoing financial...
Global healthcare sector set to grow despite economic uncertainty
The global healthcare sector remains buoyant and is expected to grow despite a challenging economic outlook, according to global property advisor, Knight Frank.
Investors...
Cabot Properties secures $1.57bn in equity commitments for Fund VII
Cabot Properties, the international private equity real estate firm focused on the logistics sector, has completed fundraising for Value Fund VII, securing $1.57 billion...
US investors see value in UK CRE market, London takes center stage
A recent analysis by BNP Paribas Real Estate shows a significant surge in UK commercial real estate (CRE) investment from US investors in Q1...
CIM Group invests in Round Hill Capital Ventures
CIM Group has provided financial support to establish Round Hill Capital Ventures, a newly formed investment company.
This new entity has acquired the management...
Munich Re secures full ownership of 320 Park Avenue in New York City
German multinational insurance company Munich Re has completed the acquisition of full ownership of the 320 Park Avenue office tower, located in New York City's prestigious...
Brookfield acquires Generator’s European operations in €776m deal
Brookfield Asset Management has acquired the European operations of lifestyle hospitality platform Generator Group from Queensgate Investments for approximately €776 million.
London based private equity...
