Hafize Gaye Erkan appointed as Turkey’s new central bank governor
Hafize Gaye Erkan has been appointed as the new governor of the Central Bank of the Republic of Turkey (CBRT).
Erkan became the first female governor of...
JLL survey finds CRE investors’ AI priorities are misaligned with returns
Global real estate investors are increasingly integrating artificial intelligence (AI) into their businesses, but the areas they consider most important are not necessarily delivering...
Cushman & Wakefield research predicts new normal for workplace
Global survey on working from home during pandemic reveals work will likely shift from office-based to total workplace ecosystem, balancing office, home and other...
Centuria’s Augusta Capital to acquire Visy glass facility in Auckland
Centuria Capital Group has agreed to acquire the Visy Glass industrial facility in Auckland, New Zealand for NZ$178.3 million (A$167.2 million) in a sale...
TPG RE Finance Trust, Inc. appoints Matthew Coleman as President
Experienced TPG Real Estate Executive Joins TRTX, Further Strengthening Management Team
TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) announced today that...
Google unveils $1bn UK data centre investment
Google has unveiled plans to invest $1 billion in a cutting-edge data centre in Waltham Cross, Hertfordshire, spanning 33 acres.
The project is expected to...
Ascott Residence Trust grows US student housing portfolio with $213m buy
Ascott Residence Trust (ART) is acquiring four student accommodation assets in the US for US$213 million (S$291.2 million).
The four assets have a total of...
Blackstone, Digital Realty form $7bn data center development joint venture
Digital Realty and Blackstone are establishing a $7 billion joint venture to develop hyperscale data centers in Europe and North America.
Blackstone-affiliated funds led by...
MLG Capital buys ten multifamily assets in Southwest Sunbelt
MLG Capital, a private real estate investment manager, has acquired a portfolio of ten multifamily assets containing ±2,700 units, located across three geographic locations...
Ares closes $2.4bn fund to develop data centers in Japan
Ares Management Corporation has announced the final close of Japan DC Partners I LP fund, its first investment vehicle dedicated to data center development....
Accor sells stake in Huazhu for €239m
Accor has sold a 1.5% stake in Huazhu Group Limited, a multi-brand hotel management company in China, for €239 million.
Accor said, after this transaction, it owns a 3.3% stake in Huazhu and...
DiamondRock sells hotel in New York City for $185m
DiamondRock Hospitality Company has completed the sale of the 725-room Lexington Hotel in New York City for $185.3 million.
Including the company's projected capital expenditures, the sale price...
