Elion Partners raises $500m for logistics fund
Elion Partners has raised $500 million for its latest value-added logistics fund, Elion Real Estate Fund V.
The fund targets logistics real estate assets in...
Newmark Group acquires MLG Commercial
Newmark Knight Frank, a global, full-service commercial real estate services business, announced that it has acquired MLG Commercial, LLC, a leading commercial real...
Trophy office building in Washington, D.C. sells for $103m
Paramount Group, Inc., announced today that it has completed the previously announced sale of 1899 Pennsylvania Avenue, a 190,955 square foot trophy office building...
KKR strengthens European digital infrastructure play with fresh capital for GTR
KKR has reinforced its conviction in Europe’s fast-expanding data centre market by committing an additional $1.5 billion of equity to Global Technical Realty (GTR),...
Mirvac, Coombes receive planning approval for Sydney mixed-use project
Mirvac Group and Coombes Property Group have received planning consent from the City of Sydney, through its Central Sydney Planning Committee, for the proposed...
Phoenix Investors buys historic campus in Endicott, New York
Milwaukee-based commercial real estate firm Phoenix Investors has acquired the Huron Campus in Endicott, New York. The purchase price was not disclosed.
The Huron Campus,...
Ardian, ADIA agree to launch real estate secondaries platform
Global private investment firm Ardian has reached an agreement with a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) to establish a...
Iron Mountain sells 13 industrial facilities to Blackstone for $358m
Iron Mountain announced that it has sold a portfolio of 13 industrial facilities to Blackstone Real Estate Income Trust, Inc. (BREIT) for $358 million...
SL Green sells 625 Madison Avenue in New York for $633m
SL Green Realty, together with its partners, has agreed to sell the fee ownership interest in 625 Madison Avenue for $632.5 million, or $1,123 per square foot, to...
Hines Global buys second asset in Santa Clara
Hines Global Income Trust, Inc. has acquired a single-tenant office, research and development building at 5301 Patrick Henry Drive in Santa Clara, California.
This one-story,...
Singapore’s GIC buys 25.1% stake in Lendlease International Towers Sydney Trust
GIC, Singapore’s sovereign wealth fund, with US$100 billion in assets under management, will acquire a 25.1% stake in Lendlease International Towers Sydney Trust (LLITST)...
ESR shareholders approve ARA Asset Management acquisition
ESR said on Wednesday that its shareholders had voted to approve all of the proposals in relation to the proposed acquisition of ARA Asset...
