Lendlease to sell stake in Brisbane’s Westfield Carindale shopping center
Lendlease managed Australian Prime Property Fund Retail will sell 50% stake in Brisbane’s Westfield Carindale, one of Australia’s leading super-regional shopping centres.
CBRE’s Head of...
China’s Evergrande files for bankruptcy protection in US
Chinese real estate giant Evergrande has filed for bankruptcy protection in the US.
China Evergrande Group filed for 'Chapter 15 bankruptcy protection' in a...
Singaporean firm buys land in Sydney for student accommodation
Singapore-based construction firm Wee Hur Holdings Ltd. has agreed to acquire a site at 104-116 Regent Street in Redfern, Sydney, Australia from BP Australia...
CBRE : Commercial real estate lending markets enter period of price discovery
As risks to the U.S. economy from the COVID-19 pandemic emerged in mid-March, commercial real estate lending markets began to navigate a period of...
Food Lion to acquire 62 stores across Carolinas and Georgia
Food Lion, based in Salisbury, N.C and a company of Ahold Delhaize USA, the U.S. division of Zaandam-based Ahold Delhaize, has agreed to purchase 62...
Investcorp buys U.S industrial properties for $280m
Investcorp has acquired 32 industrial properties totaling approximately 3.5 million square feet across four major U.S markets for US$280 million.
The properties grow Investcorp’s...
Harrison Street takes majority stake in RoundShield
Harrison Street Asset Management, the investment management division of Colliers, has acquired a majority stake in RoundShield Partners, an European credit investment manager with...
Greystar starts construction on first Chicago development
Greystar has started construction on its first high-rise development project at 166 N. Aberdeen Street in downtown Chicago.
The new building will include 223 apartments in...
Federal Reserve cuts interest rates for third time this year
In line with market expectations, the Federal Reserve cut its key benchmark interest rate by a quarter of a percentage point, to a range...
CBRE Group buys Union Gaming
Commercial real estate services and investment firm CBRE Group, Inc. has acquired Las Vegas-based Union Gaming, a boutique investment bank and advisory firm focused exclusively...
Integra :’Most signs point to CRE market sensitivity’
Integra Realty Resources has released its latest Annual Viewpoint 2019 report which reveals a detailed overview of the U.S. local and national commercial real...
Blackstone closes global real estate fund at $20.5bn
Blackstone announced the final close of its latest global real estate fund, Blackstone Real Estate Partners IX (“BREP IX”). BREP IX has $20.5 billion...
