Blackstone REIT completes $3.7bn acquisition of Resource REIT
Blackstone Real Estate Income Trust has completed its previously announced acquisition of all of the outstanding shares of common stock of Resource REIT for...
Greystar closes its U.S. multifamily value-add fund at $2bn
Greystar Real Estate Partner announced the final close of its U.S. multifamily value-add fund, Greystar Equity Partners X (“GEP X”), with equity commitments of...
Empire State Realty Trust announces the departure of President and COO John B. Kessler
Empire State Realty Trust, Inc. (NYSE: ESRT) (the “Company”), a leading real estate investment trust with office and retail properties in Manhattan and the...
Colliers hires new CEO for India business
Colliers has hired Ramesh Nair as the Chief Executive Officer (CEO) for India and Managing Director, Market Development for Asia, effective immediately.
Ramesh Nair joined Colliers from JLL...
Cromwell buys Pirelli Tyre facility in Milan for Korean capital partner
Real estate investor and manager, Cromwell Property Group (Cromwell) has acquired the Pirelli Tyre facility in Milan on behalf of a new Korean capital...
Amazon to open two new fulfillment centers in Kansas
Amazon.com, Inc. said today it plans to open two new fulfillment centers in Kansas. The new fulfillment centers are anticipated to launch in 2021.
The new...
Bridge raises $2.9bn for real estate debt fund
Bridge Investment Group has raised $2.9 billion in equity commitments for the Bridge Debt Strategies Fund IV (BDS IV).
Bridge Debt Strategies Fund IV is...
Delin Property appoints Tom Wattles as CEO
European logistics warehouse specialist Delin Property has appointed real estate industry veteran and Board member Tom Wattles as Chief Executive Officer.
Wattles replaces Rob Reiskin,...
Harbor Group International invests $309m in Southeast multifamily portfolio
Harbor Group International(HGI), a privately-owned international real estate investment firm, has acquired a portfolio of eight multifamily communities in the U.S. Southeast for $309 million....
Mitsubishi Estate partners with Oxford, Investa for Sydney office tower
Oxford Properties Group (Oxford) and Investa have formed a new joint venture partnership with Mitsubishi Estate Co., Ltd. (MEC) for Parkline Place, a new,...
Blackstone completes sale of BioMed Realty for $14.6bn
Blackstone today announced that Blackstone Real Estate Partners VIII L.P. and co-investors have completed their previously announced transaction to sell BioMed Realty, a life...
U.S CRE investment volume increases in Q4 2020
U.S commercial real estate (CRE) investment volume increased by 97.2% in Q4 from Q3 to $135.4 billion, indicating a strong resurgence of investor confidence,...
