AECOM to sell its Management Services business for $2.4bn
Global infrastructure firm AECOM announced that it has entered into a definitive agreement for the sale of its Management Services (MS) business to affiliates...
ARA Private Funds closes $460m real estate transactions in H1 2019
Gobal integrated real assets fund manager, ARA Asset Management Limited has closed over US$460 million of real estate transactions in the first half...
Amazon plans to open fulfillment center in Channahon, Illinois
Amazon plans to open a fulfillment center in Channahon, Illinois, creating more than 500 new, full-time jobs starting at $15 an hour.
Employees at the more than one million-square-foot...
Empire State Building announces new 102nd floor observatory
The Empire State Building announced the third phase of its top-to-bottom reimagined observatory experience, the newly renovated 102nd floor observatory.
Opening to the public on October...
Centuria acquires office asset in Brisbane for A$89M
Centuria Property Funds No.2 Limited (CPF2L), a subsidiary of Centuria Capital Group, has agreed to acquire 348 Edward Street, a 119,000-square-foot office asset in...
U.S multifamily rent growth slows but still strong
Even though U.S. multifamily rents declined in September 2019, the market "remains the picture of stability" amid turbulence in the larger financial world, according to...
Central Park Retail assets in Sydney sold for A$174.5m
Frasers Property Australia and Sekisui House Australia, the joint venture partners behind the A$2 billion Central Park in Sydney CBD, have sold and settled...
Andaz Singapore hotel sold for S$475m
Singapore-based property developer Hoi Hup Realty has entered into a binding agreement with Ophir-Rochor Investments Pte Ltd, a wholly owned subsidiary of M+S Pte...
LinkedIn signs expansion lease at Empire State Building
LinkedIn has signed its eighth expansion lease at the Empire State Building, adding three and a half floors and 188,653 square feet to its...
Sumitomo, BRG Group form JV for $4bn smart city project
Japanese Sumitomo Corporation and Vietnamese BRG Group have established a joint venture, a real estate development company, for the purpose of building a smart city...
Nuveen Real Estate buys $3bn logistics portfolio from Blackstone
Nuveen Real Estate has acquired a portfolio of more than 100 logistics properties across 12 markets in the U.S from Blackstone Group for $3...
Greystar buys 400-unit multifamily property in Atlanta
Greystar Real Estate Partners has acquired The Columns at Akers Mill, a 400-unit, garden-style multifamily community situated in the popular Atlanta suburb of Vinings,...
