Suntec REIT expands its footprint in London with office building acquisition
Singapore-listed Suntec REIT has agreed to acquire a 100% interest in a Grade A office building with ancillary retail, The Minster Building, located in...
CapitaLand acquires two prime residential sites in China for RMB3.5bn
CapitaLand Group's development arm CapitaLand Development (CLD) has won the bids for two prime residential sites in China, one each in the cities of...
David Jones sells Bourke Street Mall menswear store in Melbourne for $121m
David Jones has sold its menswear store at 299 Bourke Street Mall to Australian-based investor Newmark Capital for $121 million, progressing with the retailer’s...
Google to purchase St. John’s Terminal in Manhattan for $2.1bn
Google announced Tuesday it intends to purchase the St. John’s Terminal in Manhattan for $2.1 billion, which will serve as the anchor of its...
Moody’s acquires commercial real estate tech firm
Moody’s Corporation announced that it has acquired Catylist, Inc., a provider of commercial real estate (CRE) solutions for brokers.
Moody's said the acquisition advances...
Investor appetite for U.S. office assets increases, says Yardi Matrix
Prices for prime U.S. office assets have risen sharply this year. Office property transactions, spurred since summer by lower interest rates, totaled $74 billion through October,...
Equinix opens its sixteenth data centre in Australia
Equinix, the global interconnection and data centre company, has opened its eighth International Business Exchange™ (IBX®) data centre in Sydney, and the sixteenth in Australia, named SY5....
KKR acquires Class A multifamily complex in Dallas, Texas
KKR and Kairoi Residential have acquired Novē at Knox, a 19-story, 310-unit Class A luxury multifamily complex in the Knox/Henderson district near Downtown Dallas,...
Tishman Speyer closes its largest-ever transaction with ByteDance
Tishman Speyer has closed a transaction with Chinese technology company ByteDance to sell and lease a combined 2.55 million square feet of office and...
ARA increases its strategic stake in Japan’s Kenedix
ARA Asset Management Limited (ARA) has increased its strategic stake in Kenedix, Inc. to 30%, up from 20.27% previously.
ARA had earlier supported the privatisation...
Colliers : One in 10 offices in Canada were vacant in Q4 2020
As COVID-19 continues to impact the Canadian commercial real estate industry, the Canadian office market continues to experience rising vacancy rates, reaching a high...
Blackstone to buy affordable housing assets from AIG for $5.1bn
American International Group, Inc. (AIG) said Wednesday that it has agreed to sell a 9.9% equity stake in its Life & Retirement businesss to...
