US commercial property prices fall in September

US commercial property prices fall in September

US commercial property prices declined in September, with the RCA CPPI National All-Property Index showing a 1.9% year-over-year decrease and a 0.3% dip from...

L&G partners with Taurus, pledges $200m for US real estate expansion

British multinational financial services and asset management company Legal & General (L&G) has announced a strategic investment in Taurus Investment Holdings, a Boston-based real estate...

Global commercial real estate investment to hit $747bn by year-end

Savills, the international real estate advisor, has forecast that investment in the world’s 16 major commercial real estate (CRE) markets is expected to reach...
CDL Hospitality Trusts adds Exeter hotel to UK portfolio

CDL Hospitality Trusts adds Exeter hotel to UK portfolio

Singapore-listed CDL Hospitality Trusts has agreed to acquire Hotel Indigo Exeter and two retail units from Hotel Exe Limited, Plaza Properties and Plaza Retail...

Global prime warehousing costs rise 1.7% in H1 2024

Global prime warehousing costs rose by 1.7% in the first half of 2024, bringing the average cost to $12.05 per square foot, according to...

Azora buys mixed-use office building in Boston for $101m

Azora, a global investment firm headquartered in Madrid, Spain, has purchased a mixed-use office building located at 149 Newbury Street in Boston for $101...
Brookfield makes £557m cash offer to acquire Tritax EuroBox

Brookfield makes £557m cash offer to acquire Tritax EuroBox

Tritax EuroBox plc and Titanium Ruth Bidco Limited (Bidco), a company indirectly owned by one of Brookfield’s real estate private funds, have reached an...

Ares expands global real estate platform with acquisition of GCP International

Ares Management Corporation has agreed to acquire the international business of GLP Capital Partners (GCP International) and certain affiliates, excluding its operations in Greater...
Harrison Street closes ninth US opportunistic fund at $2.5bn

Harrison Street closes ninth US opportunistic fund at $2.5bn

Harrison Street has announced the final close of its ninth US opportunistic real estate fund, Harrison Street Real Estate Partners IX, L.P, at...
Azora and Advenir launch $3bn US rental housing partnership

Azora and Advenir launch $3bn US rental housing partnership

Spain-based global investment firm Azora and US-based real estate investment and management corporation Advenir have joined forces to create Advenir Azora, a new entity...

Patrizia appointed by Far East Organization to reposition London’s Pinners Hall

Patrizia has been appointed by Singapore’s largest private property developer, Far East Organization, to lead the repositioning of Pinners Hall, an iconic office building...
Equinix, GIC, and CPP Investments Form $15bn Data Center Joint Venture

Equinix, GIC and CPP Investments form $15bn data center joint venture

Equinix has announced the signing of a joint venture (JV) agreement with GIC and Canada Pension Plan Investment Board (CPP Investments). The partnership, structured...

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