Lineage Logistics to acquire Emergent Cold
Michigan-based temperature-controlled logistics company Lineage Logistics has signed definitive agreements to acquire Emergent Cold, the international cold chain logistics provider. Financial terms of the...
CBRE GI buys office property in North Sydney for A$350m
CBRE Global Investors has acquired 118 Mount Street, a 21,012-square-meter trophy office development in North Sydney for A$350m ($239m), via a fund-through transaction on...
IHG to open three hotels in New Caledonia
InterContinental Hotels Group (IHG) will make a grand entrance into New Caledonia with the signing of three hotels that will open between 2021 and 2024.
The...
Amazon to open second fulfillment center in Mississippi
Amazon.com plans to open its second Mississippi fulfillment center, located in DeSoto County. The new facility is expected to create 500 new, full-time jobs in the region.
“Mississippi has...
Blackstone completes $4.25bn acquisition of Bellagio
Blackstone Real Estate Income Trust and MGM Resorts International announced the closing of the previously announced 95%/5% BREIT-led joint venture with MGM Resorts to...
Grade-A office property in Perth sold for A$79M
EG, Sydney-based real estate fund manager with over A$2.4 billion assets under management, has acquired 2 Mill Street, a Grade-A office property in Perth for...
Facebook signs lease for office space in New York City’s Hudson Yards
Facebook has signed a lease for more than 1.5 million square feet of office space across 30 floors and three buildings in New York...
USAA to sell controlling interest in real estate investment arm
The United Services Automobile Association (USAA), a financial services provider for U.S military community and their families, headquartered in San Antonio, Texas, announced Thursday that...
Stockland launches largest industrial project in Melbourne
Stockland, a diversified Australian property group and Australian Stock Exchange listed company, has launched the first stage of Melbourne Business Park, the A$2 billion industrial...
Equinix opens its sixteenth data centre in Australia
Equinix, the global interconnection and data centre company, has opened its eighth International Business Exchange™ (IBX®) data centre in Sydney, and the sixteenth in Australia, named SY5....
Scion and Korea’s Hana buy U.S student housing portfolio
A joint venture between The Scion Group and Korea's Hana Financial Group has acquired a four-property portfolio of high-end student housing communities totaling 3,275...
Welltower, Invesco announce $850M medical office building JV
Welltower Inc. and Invesco Real Estate announced an $850 million joint venture partnership comprising a portfolio of 35 medical office buildings spanning 2.6 million square feet....
