Social unrest in Hong Kong negatively affects investment activity
The U.S.-China trade conflict and social unrest in Hong Kong continued to dampen real estate investment activity in Q3 2019, according to the CBRE...
AIA, GLP form global logistics real estate investment partnership
Pan-Asian life insurance group AIA Group Limited and GLP have formed a partnership to invest in the global logistics real estate industry and related...
Walmart to sell majority stake in Japanese supermarket chain
Walmart announced that it has signed a definitive agreements to sell a majority stake in Seiyu, a supermarket chain in Japan with more than...
URW secures $925m financing for Los Angeles shopping center
Unibail-Rodamco-Westfield (URW) has secured $925m of new financing for Westfield Century City shopping center in Los Angeles, California, as part of its ongoing financial...
Skanska to build 28-story office building in downtown Houston
Skanska announced that it has signed a 15-year lease with the international law firm Norton Rose Fulbright US LLP for its planned office tower...
CBRE IM fund acquires logistics asset in Maryland
CBRE Investment Management, through one of its sponsored funds, has acquired a 716,490-square-foot bulk logistics asset known as North East Gateway. The purchase price...
Kennedy Wilson raises $775m for sixth U.S. real estate fund
Kennedy Wilson has exceeded its target, securing $775 million of capital commitments and closed fundraising for Kennedy Wilson Real Estate Fund VI (“Fund VI”),...
CoStar Group to acquire Homesnap for $250m in cash
CoStar Group, Inc. announced that it has reached an agreement to acquire Homesnap, Inc., a digital residential real estate solutions provider, for $250 million...
Equinix completes acquisition of 13 data centers in Canada for US$780m
Global digital infrastructure company Equinix, Inc. has completed the acquisition of 13 data centers in Canada and their operations from BCE Inc. (Bell) for US$780 million (CA$1,041 million) in an...
KKR invests in JV for Boston life science tower project
KKR has invested in a joint venture between WS Development and the Public Sector Pension Investment Board (PSP Investments) for 400 Summer Street, a new state-of-the-art life science tower...
NPS, Allianz acquire 50% stake in OUE Bayfront in Singapore
Allianz Real Estate, on behalf of National Pension Service of Korea (NPS) and Allianz group companies (Allianz), via its AREAP Core I fund has...
Singaporean REIT invests £101m in UK logistics development
Singapore-listed real estate investment trust (REIT) Frasers Logistics & Commercial Trust has agreed to acquire a prime freehold logistics development in Cheshire, North West...
