HBC to sell stake in German real estate and divest related retail JV for...
HBC, a Canadian retail business group, has entered into definitive agreements to sell the company’s remaining stake in its German real estate joint venture, and divest...
Starwood and Arrow buy A-Grade office complex in Sydney
The two joint owners, Centuria Capital Group subsidiary Centuria Property Funds Limited and US giant BlackRock, have sold A-Grade office complex, The Zenith,...
Blackstone to acquire US logistics assets from GLP for $18.7bn
Blackstone Group LP has signed an agreement with Singapore-based GLP, a global investment manager specializing in logistics and related technology investments, to acquire GLP's...
Google purchases land at Goodman Business Park in Tokyo
Google has signed an agreement with Goodman to purchase a land at Goodman Business Park in Greater Tokyo. Google plans to build its first...
Melco acquires 19.99% stake in Crown Resorts for $1.22bn
Australian billionaire businessman James Packer has sold almost half his stake in Crown Resorts for 1.76 billion Australian dollars ($1.22 billion) to Melco Resorts &...
Zynga sells its San Francisco HQ building for $600m
The social and mobile games developer Zynga has signed a sale and leaseback agreement with Beacon Capital Partners, an American private real estate investment...
Hudson Pacific Properties to build office tower in Seattle
Hudson Pacific Properties has purchased the condominium rights for $86 million to build a 16-story office tower adjacent to the Washington State Convention Center...
Mirvac launches $750 million placement
Mirvac has launched a $750 million placement to fund strategic growth initiatives.
Mirvac announced that it would undertake an equity raising comprising of a fully...
GPT buys five prime logistics properties in Sydney for $212m
The GPT Group announced that it has exchanged contracts for the purchase of five prime logistics properties for a total amount of $212 million,...
Hyatt to open 21 new luxury hotels in Asia Pacific by 2020
Hyatt Hotels Corporation plans to open 21 new luxury hotels and resorts in Asia Pacific by the end of 2020.
According to the announcement, the company...
Global commercial property price growth continues to slow in Q1
Global commercial property prices increased by 6.2% year-on-year in the first quarter, adjusting down from the double-digit annual growth rates seen as recently as...
Qualitas to buy retirement living villages from Stockland in Victoria
Qualitas has entered into an agreement to buy three retirement living villages, located in Victoria, from Stockland for $59 million.
The portfolio is composed...
