Lendlease announces US$1bn data centre partnership
Global international property and infrastructure group, Lendlease, has announced a partnership to invest in data centres across the Asia Pacific region.
The partnership will...
Marriott International to build world’s tallest modular hotel in New York City
Marriott International will build the world’s tallest modular hotel in New York City.It is expected to open in late 2020 as the AC Hotel...
Scape completes largest ever student accommodation acquisition in Australia for A$2bn
Evergreen, M3 Capital Partners’ principal investment vehicle, has sold its 6,875 bed Urbanest Australia Purpose Built Student Accommodation (PBSA) platform, to global student housing...
Hines, NPS JV plans $2.5bn project in San Francisco
Hines and the National Pension Service of Korea (NPS), a South Korean pension fund, have acquired the historic Pacific Gas & Electric Company (PG&E)...
India’s Prestige Group signs deal with Blackstone to sell commercial properties
Prestige Group, a property development company in South India, said on Saturday that it has signed term sheets with Blackstone, a global private equity...
Ventas completes acquisition of New Senior
Ventas has completed its acquisition of New Senior Investment Group in an all-stock transaction, valued at approximately $2.3 billion, including New Senior debt assumed...
EQT to buy residential investment manager Redwood Capital
Sweden-based global investment company EQT AB has agreed to acquire Chicago-headquartered real estate investment manager Redwood Capital Group (RCG).
Founded in 2007 by David Carlson...
Japanese food company leases Goodman’s Class A logistics facility in El Monte, California
Mutual Trading Company, a Japanese food, beverage and restaurant supplier, has leased 299,786 square-feet at Goodman Logistics Center El Monte, Class A logistics facility...
Investcorp to expand US industrial footprint with new venture
Investcorp has established a new venture with two sovereign wealth funds to acquire industrial real estate assets in the United States.
Investcorp said this...
Marriott announces world’s largest hotel-branded residential project
Marriott International has signed an agreement with Vietnam-based real estate firm Masterise Homes to develop a dual-branded residential and officetel project in Ho Chi Minh...
WeWork secures new $1.1bn commitment from Softbank
The We Company, a parent organization of WeWork, told employees on Thursday that it cut its cash burn rate almost in half to US$671...
America’s 20 richest real estate billionaires on Forbes 2021 list
Irvine Company chairman Donald Bren is the richest real estate baron in the United States with an estimated net worth of $15.3 billion, according to...
