KKR, Temasek buy stake in Vietnamese real estate developer for US$650m
A consortium led by KKR that includes Temasek has acquired a minority equity stake in Vinhomes Joint Stock Company (Vinhomes), a real estate developer in Vietnam.
KKR...
SL Green closes acquisition of NYC office tower with foreign partners
SL Green Realty has completed the previously announced acquisition of 450 Park Avenue in New York City for $445 million with a newly formed...
Aldi to open 100 new stores in U.S this year
Supermarket giant Aldi announced that it will open approximately 100 new stores in the U.S. in 2021 with a focus on Arizona, California, Florida and the Northeast.
Aldi...
SL Green closes $1.25 billion construction loan for One Madison Avenue
SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that it and its joint venture partners, the National Pension Service of...
Class A office buildings in Portland sold to Clarity Real Estate
Shorenstein Properties LLC announced it has sold River Forum, a two premier Class-A office buildings in Portland, Oregon, to Clarity Real Estate, a real estate private equity...
Australian global insurer QBE to join Victoria Harbour’s latest commercial building
Australian global insurer QBE will join anchor tenant ANZ in Victoria Harbour’s latest commercial building at 839 Collins Street, according to Lendlase's latest statement.
QBE will...
KKR sells 1.7 msf industrial warehouse portfolio in Chicago
KKR has sold a portfolio of distribution properties located in Chicago to a global investment manager for an undisclosed price.
The portfolio consists of 13...
Meag buys residential property in US on behalf of Munich Re
Meag, the asset manager of Munich Re Group, in cooperation with CBRE Investment Management, has acquired Liberty Warehouse, a residential property in downtown Durham,...
Godiva to close 128 stores in North America
Godiva has decided to close or sell all 128 of its brick-and-mortar stores in North America by the end of the first quarter in...
Brookfield offers to take Brookfield Property private in $5.9bn deal
Brookfield Asset Management Inc.(Brookfield) and institutional partners have made an offer to acquire all of the limited partnership units of Brookfield Property Partners L.P.(BPY)...
Blackstone REIT secures $690m financing for industrial portfolio
Blackstone Real Estate Income Trust (BREIT) has secured a $690 million financing for a portfolio of 44 net-leased industrial, office and data center properties totaling 6.85...
Azora appoints senior partner to lead its US expansion
Fernando Pérez-Hickman has joined Azora as a senior partner to lead the firm's expansion into the United States, through the newly created Azora Exan.
Fernando...
