Amazon to open fulfillment centre in Perth, Australia
Amazon will open a fulfillment centre in Perth to enhance customer experience on the West Coast of Australia.
The facility – planned to begin...
Hines, Cerberus acquire iconic office buildings in Houston
Hines and an affiliate of Cerberus Capital Management, L.P. have acquired 600 Travis Street (formerly JPMorgan Chase Tower) and 601 Travis Street (formerly...
AECOM, Canyon Partners JV announce $500m fund close
A joint venture between between AECOM Capital, the investment adviser of global infrastructure firm AECOM, and Canyon Partners, LLC, a global alternative asset management...
Manhattan office building sold to Swiss real estate investor
ASB Real Estate Investments, a division of ASB Capital Management, LLC, a U.S. real estate investment management firm with $8.0 billion in gross assets...
China’s KaiLong closes USD fund II at $575m
China-based real estate investment management company, KaiLong Group (“KaiLong”) has closed its second US-dollar denominated Greater China Real Estate Fund II (“USD Fund II”), at...
Prologis to acquire Liberty Property Trust for $12.6bn
Prologis, Inc., the global logistics real estate company, has agreed to acquire Liberty Property Trust, a publicly traded real estate investment trust which owns...
Trump’s company intends to sell its flagship Washington D.C. hotel
US President Donald Trump’s company The Trump Organization intends to sell its flagship Washington D.C. hotel, the Trump International Hotel, which opened in late 2016...
Office space prices in Singapore fall 3.9% in Q3 2019
Prices of office space in Singapore's central region decreased by 3.9% in the third quarter of 2019, compared with the 0.9% increase in the...
HESTA invests in Australia’s healthcare property assets
HESTA, the superannuation fund dedicated to Australia’s health and community services sector and manages more than $51 billion in assets invested around the world, has...
US commercial property prices rise 6.7% y-o-y in September
U.S. commercial property prices increased by 6.7 percent year-over-year in September, according to the latest Real Capital Analytics CPPI (Commercial Property Price Indices) summary report. The...
Tribeca, PGIM, Meadow JV signs ground lease for Textile Building in Manhattan
A newly-formed joint venture between Tribeca Investment Group and funds managed by PGIM Real Estate and Meadow Partners announced they have entered into a...
WeWork announces SoftBank deal, Adam Neumann to become board observer
SoftBank Group Corp. and WeWork’s parent organization The We Company announced an agreement under which SoftBank commits to provide significant funding to WeWork.
The agreement includes...
