AI-driven workplace demand pushes office fit-out costs higher in key global cities
Demand for premium office space and a shortage of Grade A supply have pushed fit-out costs sharply higher across major global cities, according to...
WeWork launches $2.9bn real estate investment platform
The We Company, WeWork's parent firm, has launched ARK, its a new $2.9 billion global real estate acquisition and management platform.
''ARK builds on the...
Blackstone acquires lab office portfolio from Brookfield for $3.45bn
Blackstone today announced that Blackstone Property Partners Life Sciences (BPPLS) will acquire a 2.3 million square foot portfolio of lab office buildings from a Brookfield...
South Korean pension fund invests $100m in 3650 REIT’s lending strategy
South Korea-based public pension fund Public Officials Benefit Association (POBA) has made a $100 million capital commitment to US-based commercial real estate lender...
Nuveen’s Bob Doll makes ten predictions for 2020
-Chief Equity Strategist Says Markets Will Struggle despite Easing of Macro Risks
Nuveen, a global investment manager, released the insights and expectations for markets and...
CIM Group invests in Round Hill Capital Ventures
CIM Group has provided financial support to establish Round Hill Capital Ventures, a newly formed investment company.
This new entity has acquired the management...
DWS hires Paul M. Kelly as head of alternatives business
German asset management company DWS has appointed Paul M. Kelly as global head of its €126 billion alternatives business.
Kelly will join DWS from...
Newmark CEO Barry Gosin to step down at year-end
Newmark Group has announced that Barry Gosin will step down as chief executive officer at the end of 2026 after nearly five decades in...
SIOR announces Top 50 Office and Top 50 Industrial transactions of 2018
The Society of Industrial and Office Realtors® (SIOR), which represents the world's elite in industrial and office brokerage, has announced its Top 50...
JLL Income Property Trust buys life sciences building in New Jersey for $47m
JLL Income Property Trust has purchased 170 Park Avenue, a 147,000-square-foot, purpose-built life sciences building in Florham Park, New Jersey for $47 million.
The property...
Investcorp pays $640m for 64 industrial properties in US
Investcorp has expanded its US industrial portfolio with the acquisition of 64 properties totaling approximately 5.6 million square feet across seven major US markets...
Ascott buys serviced residence in Sydney for A$202M
Singapore-based CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott), has acquired a freehold serviced residence in the Central Business District of North...
