Safehold closes a new $285m ground lease in New York City
Safehold Inc. (NYSE: SAFE) has closed on the previously announced $285 million Safehold™ ground lease under the office property at 135 West 50th Street in...
CIM Group sells Marquee at Block 37 apartment tower
CIM Group announced that it has sold the 690-unit Marquee at Block 37 apartment tower in the heart of Chicago’s State Street and...
Rexford buys two industrial properties for $99.7m
Rexford Industrial Realty, Inc., a real estate investment trust focused on owning and operating industrial properties located in Southern California infill markets, announced it...
Charter Hall announces A$1.25bn investment in Australia
Australian property investment company Charter Hall Group has agreed to acquire a 49% interest for A$840 million in a $1.7 billion portfolio comprising 225 Convenience...
Australia’s largest student accommodation portfolio sold to joint venture
AXA Investment Managers - Real Assets, Allianz and APG has partnered with Scape to acquire Australia’s largest student accommodation portfolio.
According to the announcement...
CIM Group signs lease with Andersen for two floors at CityNational2Cal
CIM Group announced that it has executed a long-term lease with the Los Angeles office of Andersen for approximately 46,000 square feet at CityNational2Cal,...
Federal Reserve holds interest rates steady
In line with market expectations, the U.S Federal Reserve on Wednesday held interest rates steady in a range of 1.5% and 1.75%.
Here is The...
Global spending in construction to reach $17.5tn by 2030, says new analysis
Global spending in construction is expected to reach $17.5 trillion by 2030, with China, the US, and India leading the way and accounting for 57% of all global...
Skanska sells majority stake in Bank of America Tower in Houston
Global project development and construction group Skanska has agreed to sell a 90 percent interest in the Bank of America Tower office property in...
BioMed Realty welcomes Amgen to its Gateway of Pacific campus
BioMed Realty (“BioMed”) announced that Amgen will occupy BioMed’s Gateway of Pacific campus in South San Francisco under a new long-term lease for 240,000...
Colony Capital closes sale of light industrial portfolio to Blackstone
Colony Capital, Inc. announced the closing of the previously announced sale of its Light Industrial logistics assets and its affiliated industrial operating platform to...
Grade-A office property in Canberra sold for A$256m
Centuria Metropolitan REIT(CMA) has acquired NewActon Nishi Building, a high quality Grade-A commercial office property in Canberra for A$256 million.
Centuria will raise $185...
