Hyatt to open new Hyatt Regency in Adelaide
Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into a management agreement with CES Pirie Hotel (SA) Pty Ltd., an entity wholly...
Blackstone makes minority investment in BC Partners
BC Partners, a leading international investment firm with over €22 billion of assets under management in private equity, private credit and real estate, announced...
Gaw Capital and DJM acquire Hollywood & Highland
DJM, a San Jose-based private equity real estate and development firm, and Gaw Capital USA, a Hong Kong and Los Angeles-based real estate private equity...
Australian office market vacancy rate decrease in H1 2019
According to the latest Property Council Office Market Report, the Australian office market vacancy rate decreased to 8.3 percent over the first half of 2019, down...
L Catterton and QIC to redevelop South Bay Galleria in California
L Catterton Real Estate and QIC Global Real Estate announced a strategic partnership to jointly redevelop South Bay Galleria in Redondo Beach, California.
As part...
WeWork acquires workplace real estate management platform
The We Company, the global coworking company and WeWork’s parent firm, announced that it has agreed to acquire SpaceIQ, a workplace real estate management and...
CRE Herald’s top 10 posts in July
Here are ten of our most popular articles for the month.
Lendlease signs $15bn deal to develop Google’s Bay Area projects
Lendlease, a global property...
Amazon plans to open new fulfillment center in Pittsburgh
Amazon.com, Inc. plans to open its 15th Pennsylvanian operations facility, a new fulfillment center, in Pittsburgh, creating more than 800 new, full-time jobs starting at $15 an...
Federal Reserve cuts interest rate by quarter point
The US Federal Reserve cut its key benchmark interest rate by a quarter point to a range of 2%-2.25% on Wednesday.
The Federal Open...
Ulta Beauty signs lease at SL Green’s 2 Herald Square in NYC
SL Green Realty Corp., an S&P 500 company and New York City's largest office landlord announced that Ulta Beauty, Inc., the largest beauty retailer in the U.S., has...
Allianz, Gaw Capital JV to acquire Grade-A office asset in Singapore for S$1.6bn
Allianz Real Estate, acting on behalf of several Allianz companies, and Gaw Capital, representing a sovereign wealth fund separate account, have agreed to acquire...
Commerz Real sells Singapore office property for $478m
Commerz Real has sold Singapore office property, Robinson Road 71, for approximately $S655 million($478 miilion) to Singapore-based SV Robinson Pte Ltd, part of the...
