Charter Hall buys David Jones Sydney CBD store for $510m
Charter Hall Group has agreed to purchase the David Jones flagship Elizabeth Street store, located at 86-108 Castlereagh Street, Sydney for A$510 million.
The Charter...
L&G partners with Taurus, pledges $200m for US real estate expansion
British multinational financial services and asset management company Legal & General (L&G) has announced a strategic investment in Taurus Investment Holdings, a Boston-based real estate...
Bahrain’s GFH exits from US industrial portfolio
Bahrain-based GFH Capital Limited, a fully owned subsidiary of GFH Financial Group, has agreed to exit from its US industrial portfolio. The value of the deal was not disclosed.
GFH...
Japan’s Daito Trust to invest US$74m in Singapore’s co-working space provider
Daito Trust Construction Co., Ltd (“Daito Trust”), a listed construction and real estate company in Japan, will invest a US$50 million in JustCo...
Logos, KKR, Mubadala JV buys industrial development sites in Australia
A joint venture between Logos, KKR and Mubadala Investment Company has acquired a large-scale industrial land parcel in Huntingwood, Sydney and a strategic infill...
KKR-led consortium to sell logistics facility in South Korea
Global investment firm KKR announced that KKR-led consortium will sell BLK Pyeongtaek Logistics Center, a newly developed multi-tenant logistics facility located in Pyeongtaek Port,...
CBRE IM closes $2.1bn APAC real estate fund
CBRE Investment Management has closed its latest Asia Pacific value-add real estate vehicle, Asia Value Partners 7 (AVP 7), with total equity commitments of...
Accor sells stake in Huazhu for €239m
Accor has sold a 1.5% stake in Huazhu Group Limited, a multi-brand hotel management company in China, for €239 million.
Accor said, after this transaction, it owns a 3.3% stake in Huazhu and...
Hines buys 1.1 msf industrial campus in Chicago
Hines has purchased the Chicago Prime Portfolio, a two-building, 1.1 million-square-foot industrial campus in Melrose Park, IL, a suburb of Chicago.
The portfolio, located...
Prima Asset Management secures prime PBSA site in Oxford
Singapore-based private equity real estate firm Prima Asset Management has acquired a prime Purpose-Built Student Accommodation (PBSA) development site in Oxford, marking its entry...
Safehold closes a new $285m ground lease in New York City
Safehold Inc. (NYSE: SAFE) has closed on the previously announced $285 million Safehold™ ground lease under the office property at 135 West 50th Street in...
Barings adds Northern New Jersey industrial assets to portfolio
A joint venture between Barings and Vision Real Estate Partners has acquired Melanie Lane Industrial Portfolio located in the highly-infill Northern New Jersey...
