Rockpoint closes its two real estate funds at $5.8 billion
Rockpoint Group, a global real estate investment management firm, has closed its latest opportunistic fund, Rockpoint Real Estate Fund VI (Fund VI), with $3.8 billion in...
Greystone closes $289m loan to refinance Midtown Manhattan multifamily
Greystone has closed a $289.3 million, 10-year fixed Freddie Mac loan for BLDG Management Company, Inc.(BLDG) to refinance the Summit, a multifamily rental building...
Segro confirms proposed £3bn UK logistics joint venture
Segro has confirmed that it has agreed heads of terms for the formation of a new 50:50 logistics joint venture with a major international...
M&G Real Estate Asia, ESR to develop logistics properties in Japan
M&G Real Estate Asia and the ESR Group have announced a long-term partnership on behalf of M&G Asia Property Fund, to develop a portfolio...
StepStone Group invests $300m in ACRE’s multifamily platform
Global real estate private equity firm ACRE has secured a $300 million capital commitment from StepStone Group as part of a new strategic partnership.
ACRE...
JCPenney files draft asset purchase agreement
Continues to Make Significant Progress Toward Final Asset Purchase Agreement with Brookfield, Simon and First Lien Lenders
Expects to Close Sale of OpCo and Operate...
CBRE IM buys site in Tokyo for logistics facility development
CBRE Investment Management has bought a 69,045-square-meter parcel of land in Tokyo on behalf of the CBRE Asia Value Partners VI fund.
The fund plans...
Ascott Residence Trust makes fourth student housing investment in US
Ascott Residence Trust (ART) is acquiring a freehold 548-bed student accommodation asset, named Seven07 in Champaign, Illinois, US for US$83.25 million (S$112.4 million).
Seven07 serves...
Harrison Street buys Osborn Triangle in Cambridge, Massachusetts
Harrison Street, a real estate investment management firm exclusively focused on alternative real assets, has acquired Osborn Triangle from a subsidiary of the Massachusetts Institute...
GLP Japan REIT raises US$532m to acquire logistics assets
GLP Japan Real Estate Investment Trust (GLP J-REIT) has completed a global offering of newly issued investment units, raising JPY 55.6 billion (offer price...
LaSalle buys Class A retail, trophy office and land in Canada
LaSalle Investment Management's LaSalle Canada Property Fund has acquired a portfolio of properties in Montreal and Vancouver from Ivanhoé Cambridge.
The portfolio includes: -A...
Suntec REIT sells 30% interest in 9 Penang Road for S$295.5m
Suntec REIT has sold its 30% interest in 9 Penang Road, UBS Singapore business hub, to Haiyi Holdings Pte. Ltd. for S$295.5 million or...
