Nuveen names Chad W. Phillips as global head of real estate
Nuveen has appointed Chad W. Phillips as Global Head of Nuveen Real Estate, effective immediately.
The leadership transition follows the retirement decision of Chris...
Office tower in Brisbane sells for A$285m
Dexus said on Tuesday it has agreed to sell 10 Eagle Street, a 34-level, 27,800 square metre, A-grade office tower in Brisbane for $285...
JLL Income Property Trust buys life sciences building in New Jersey for $47m
JLL Income Property Trust has purchased 170 Park Avenue, a 147,000-square-foot, purpose-built life sciences building in Florham Park, New Jersey for $47 million.
The property...
US construction starts move lower in January
Total construction starts in the U.S slipped 6% from December to January to a seasonally adjusted annual rate of $759.2 billion, according to Dodge Data...
Scentre buys stake in Perth shopping centre for A$570M
Scentre Group has acquired a 50% interest in Garden City Booragoon shopping centre, Perth for A$570 million, inclusive of long-term property management, brand and...
Real estate tech strategies advance AI, workplace and sustainability
Commercial real estate occupiers are willing to put their money where the tech is, according to new research data from JLL's 2023 Global Real Estate...
Circus Circus Las Vegas sold for $825m
MGM Resorts International announced that it has closed on its sale of Circus Circus Las Vegas and the 37 adjacent acres for $825 million, subject...
URW divests property in Los Angeles for $325m
Unibail-Rodamco-Westfield (URW) has sold The Village, an outdoor lifestyle destination in the San Fernando Valley of Los Angeles, to the Kroenke Organization for $325 million.
The...
Vail to acquire Crans-Montana ski resort in Switzerland
Vail Resorts, the New York Stock Exchange-listed mountain resort company, has agreed to acquire Crans-Montana Mountain Resort in Switzerland from CPI Property Group.
Vail Resorts is...
Google announces $10 billion investment for 2020 in U.S
Sundar Pichai, CEO of Google and Alphabet announced that Google will invest more than $10 billion in offices and data centers across the United...
Amazon to invest $1.4bn in new offices across six cities in United States
Amazon announced Tuesday that it plans to create 3,500 new tech and corporate jobs across six cities in the United States. The company will...
Japan’s SMBC partners with Singapore’s ARA
Sumitomo Mitsui Banking Corporation (SMBC), the largest entity of the Sumitomo Mitsui Financial Group, has entered into a strategic partnership with Singapore-based real assets...
