CRE Herald commercial real estate news

Singapore largest source of Asian capital in global real estate

Singapore-based investors have continued its leaderships as the most active offshore real estate investor group in 2H 2018 in Asia, according to CBRE. In 2018,...
Sydney offica space

Sydney suburban office market continues to grow

The Sydney suburban office market continued to grow over the past 12 months with increasing of new supply across the South West, Inner West...
US office market

U.S office market remains strong in January

The U.S. office market continued its strong performance in January, as healthy demand for space lifted asking rents by 0.5% nationally over the last...

C&W acquires Australia’s Smith Brothers Group

Cushman & Wakefield has acquired South Australia’s largest trade services businesses, Smith Brothers Group (Smith Brothers). Cushman & Wakefield plans to enhance the company’s facilities...
Virginia commercial real estate

CIM Group acquires hotel in Alexandria, Virginia

CIM Group has acquired the 254-room Crowne Plaza Hotel in Alexandria, Virginia with Carr Companies.The 12-story hotel is located at 901 N. Fairfax...
us industrial real estate

Colony Capital buys $1.16 bn industrial real estate protfolio

Colony Capital has acquired approximately 11.9 million square feet industrial real estate protfolio for $1.16 billion in 10 U.S markets. The portfolio consists of...

Bank of Sydney to purchase CBD building in Sydney

Bank of Sydney will acquire 62 Pitt Street Sydney, accroding to the bank's statement.Bank of Sydney plans to make the CBD building bank's signature...
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...

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