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...
US commercial property prices rise 6.7% y-o-y in August
U.S. commercial property prices increased by 6.7 percent year-over-year in August, 0.8% from July, even as deal volume slid for a second consecutive month,...
Dexus to develop purpose-built facility for Scalzo in Victoria
Australia’s real estate group Dexus announced it will develop a purpose-built facility that includes manufacturing, warehousing and a corporate head office for Scalzo Foods...
Caesars Entertainment sells The Rio for $516M
Caesars Entertainment Corporation (“Caesars Entertainment”), has signed an agreement to sell the Rio All-Suite Hotel & Casino (The Rio) in Las Vegas to an...
Amazon to open new fulfillment centre in Ontario
Amazon announced that it will open a new fulfillment centre in Scarborough, in the City of Toronto.
This will be Amazon’s twelfth fulfillment centre in Canada, and...
PUMA signs lease for Frasers’ industrial property in Melbourne
German multinational sportswear manufacturing company PUMA has signed a lease agreement for Frasers Property Australia's industrial property, 23-hectare Braeside Industrial Estate in Melbourne’s South...
Flexible workspace sector in Singapore triples since 2015
Supported by robust demand from occupiers, the flexible workspace sector witnessed tremendous growth in Singapore, according to Colliers’ latest research report which examines the growth...
Amazon announces expansion in Chicago
Amazon announced an expansion of its Chicago Tech Hub and plans to create 400 new tech jobs in fields including cloud computing, advertising, and...
HCP to acquire life science property in Massachusetts for $332.5M
HCP, Inc., a fully integrated real estate investment trust (REIT) that invests in real estate serving the healthcare industry in the United States, has...
Digital Realty sells data centers to Singapore’s Mapletree for $1.4bn
Digital Realty, a provider of data center, colocation and interconnection solutions, announced it has entered into definitive agreements with affiliates of Singapore-based Mapletree Investments...
Grade A Office Tower unveiled at Heartland 66 in Wuhan, China
Hang Lung Properties, a real estate developer operating in Hong Kong and mainland China, has unveiled a Grade A office tower at Heartland 66 in Wuhan, its...
Blackstone closes global real estate fund at $20.5bn
Blackstone announced the final close of its latest global real estate fund, Blackstone Real Estate Partners IX (“BREP IX”). BREP IX has $20.5 billion...
