Kimco Realty, Blackstone REIT form JV for Sunbelt shopping centers
Kimco Realty Corp. has acquired the remaining 70 percent interest in a portfolio of six Publix-anchored, Sunbelt region shopping centers from its existing joint...
KBS sells Class A office tower in Tigard, Oregon for $27m
KBS has sold Triangle Corporate Park III, a five-story, 127,504 square-foot Class A office tower in Tigard, Oregon.
The property was purchased by a fund...
Skanska sells Boston office building to KKR for $234.5m
Skanska has sold Two Drydock, an office building in the Seaport’s Raymond L. Flynn Marine Park, in Boston, to KKR, a global investment firm,...
Centerbridge closes second real estate fund at $2.3bn
Centerbridge Partners has closed its second real estate fund, Centerbridge Partners Real Estate Fund II (CPREF II), with $2.3 billion in capital commitments, significantly above the...
PGIM Real Estate completes $42.7bn in transactions globally in 2021
PGIM Real Estate Wednesday said it completed a record $42.7 billion in transactions globally in 2021, up 43% from the prior year, including $35...
Prologis makes offer to buy Duke Realty for $61.68 per share
Global logistics real estate company Prologis has made an offer to acquire Duke Realty Corp. in an all-stock transaction valued at $61.68 per share.
The...
Apollo Funds to buy Hispanic grocery chain in US from KKR
U.S. private equity firm Apollo Global Management said that funds managed by its affiliates (Apollo Funds) have agreed to acquire Cardenas Markets, a grocery retailer...
Aimco forms $1bn multifamily joint venture with Alaska Permanent Fund
Apartment Investment and Management Company (Aimco) and Alaska Permanent Fund Corporation (APFC) have signed a programmatic joint venture agreement to fund up to $1...
Packaged Living, USAA Real Estate form UK build-to-rent joint venture
UK-based build-to-rent developer Packaged Living and US-based asset manager USAA Real Estate (USAARE) have formed a new joint venture to develop a portfolio of multifamily build-to-rent(BtR)...
AXA IM Alts sells data centre platform to Brookfield
AXA IM Alts has agreed to sell, on behalf of clients, Data4, a data centre platform in Europe, to Brookfield Infrastructure.
This investment marks Brookfield’s...
MSCI acquires remaining 66% interest in Burgiss for $697m
MSCI has agreed to acquire the remaining 66% of The Burgiss Group for $697 million in cash.
Burgiss is a Hoboken, New Jersey-based provider...
WeWork files for bankruptcy
WeWork, once the biggest US startup worth $47bn, has filed for bankruptcy in the US.
WeWork and certain of its entities has filed for protection...
