commercial office property

Elanor Investors Group acquires commercial office property in Perth

Elanor Investors Group, ASX-listed an investment and fund management business (“ENN” or “Group”), announced that it has launched a new fund management initiative, the...
Brisbane office market

Brisbane office tower sold to joint venture by JLL

Brisbane office tower, 288 Edward Street, was purchased by a new joint venture led by Heitman and Marquette and sale process managed by JLL’s...
Greystar buys luxury multifamily property in Manhattan

CIM Group sells Manhattan building

CIM Group has sold Gilman Hall Tower in Manhattan.The 24-story, approximately 146,000-square-foot building is located on the corner of First Avenue and East 17th...
Seoul commercial real estate

ARA Asset Management to acquire prime office building in Seoul,Korea

ARA Asset Management anoounced that it has signed an agreement to acquire prime office building, Seoul Square, via a new private real estate fund...
real estate in china

CapitaLand announces the first closing of CREDO I China

CapitaLand Limited announced the first closing of CREDO I China – the Group’s first discretionary real estate debt fund. US$750-million CREDO I China will...
Ann Arbor commercial real estate

Promanas reaches 95pct occuppancy at Park Place Five,Ann Arbor

Michigan, Ann Arbor based real estate management firm Promanas has leased totaling more than 39,000 square feet at the Park Place Five office building...
luxury real estate

Sotheby’s International records highest annual sales in its history

Sotheby's International Realty Affiliates LLC announced that its global real estate sales volume has exceeded $112 billion in 2018 with its affiliated brokers and...
us student housing market

UC Davis breaks ground on new student housing development

The University of California, Davis, announced that it has broken ground on the new campus apartment project, The Green at West Village. At this...
Australian hotel news

AXA IM-Real Assets buys Australian hotel portfolio

AXA Investment Managers - Real Assets has acquired 831 room Australian hotel portfolio for A$330.4 million. The acquisition is one of the largest hotel transaction...
mega construction

CapitaLand completes the final skyscraper of Raffles City Chongqing

CapitaLand announced the completion of the eighth and final skyscraper of Raffles City Chongqing.The company plans to open the highly anticipated 1.12-million-square-metre (sqm) megastructure...
CRE Herald commercial real estate news

Hyatt and BTG Hotels to create new hospitality brand

Hyatt Hotels Corporation and BTG Hotels Co. have entered a strategic joint venture to create a new hospitality brand to expand across China. The...

Miami’s historic iconic hotel sold to joint venture

A joint venture between Deutsche Finance America, Bilgili Holding and SHVO has purchased the historic Raleigh Hotel property in Miami for $103 million...

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