United Airlines Executive Chairman Oscar Munoz joins CBRE Group, Inc. board of directors

United Airlines Executive Chairman Oscar Munoz joins CBRE Group, Inc. board of directors

CBRE Group, Inc. (NYSE:CBRE) today announced that Oscar Munoz, Executive Chairman of United Airlines, has joined the company’s Board of Directors. Before assuming leadership of United’s...
GIC, ESR expand partnership in India with US$600m logistics joint venture

GIC, ESR expand partnership in India with US$600m logistics joint venture

GIC and ESR Group have announced an 80:20 strategic partnership to establish a US$600 million joint venture (Core JV) to acquire income-producing core industrial...
Healthcare Realty forms joint venture with TIAA

Healthcare Realty forms joint venture with TIAA

Healthcare Realty Trust Inc. and Teachers Insurance and Annuity Association (TIAA) have formed a joint venture to invest in medical office buildings. Healthcare Realty...
CPP Investments, Greystar, Cyrela JV to develop multifamily project in Brazil

CPP Investments, Greystar, Cyrela JV to develop multifamily project in Brazil

Cyrela Brazil Realty (Cyrela), Canada Pension Plan Investment Board (CPP Investments) and Greystar Real Estate Partners, LLC (Greystar) have formed a venture with real...
Hines Global buys second asset in Santa Clara

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,...
Japanese firm buys office building in New York

Japanese firm buys office building in New York

Japanese Shimizu Corporation has acquired Albano Building, an office property located in Manhattan, New York from Vanbarton Group, the real estate investment company headquartered...
KKR buys Silicon Valley office campus

KKR buys Silicon Valley office campus

KKR Monday said KKR Real Estate Select Trust Inc. (KREST) has acquired HQ @ First, a 603,666 square-foot Silicon Valley office campus, from Mori...
NBIM commits $800m to Blackstone’s North America logistics fund

NBIM commits $800m to Blackstone’s North America logistics fund

Norges Bank Investment Management (NBIM) has entered into an agreement with Blackstone to commit $800 million to Blackstone Americas Logistics (BAL), a closed-end Core+...
Colliers acquires engineering services firm in Australia

Colliers acquires engineering services firm in Australia

Colliers has acquired a controlling interest in Australian engineering services firm, Peakurban Pty Limited. The Peakurban senior leadership team will remain significant shareholders of the business...
Harrison Street, Core Spaces form US single-family build-to-rent JV

Harrison Street, Core Spaces form US single-family build-to-rent JV

Harrison Street and Chicago-based Core Spaces, a residential real estate developer, have formed a joint venture to invest up to $1.5 billion for the...
JV sells medical real estate portfolio for $240m

JV sells medical real estate portfolio for $240m

The joint venture between The Sanders Trust, the healthcare real estate investment and development company and Harrison Street, has sold a portfolio of medical...
Cromwell announces 11% increase in operating profit

Cromwell announces 11% increase in operating profit

Real estate investor and manager Cromwell Property Group reported full-year (FY19) statutory profit of $159.9 million (FY18 $204.1 million). Operating profit, considered by the...

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