WeWork exits bankruptcy, appoints new CEO
WeWork has exited Chapter 11 bankruptcy after restructuring its finances and operations globally.
The company has also announced a new Board of Directors and...
Slate acquires World Seafood Center in Oslo for NOK1.3bn
Slate Asset Management has acquired the World Seafood Center, a state-of-the-art, new build seafood refrigeration and distribution facility, located in Oslo Airport City, in...
Bulk secures €350m from BGO, plans €1bn investment in data centers
European data center developer Bulk Infrastructure has secured a €350m/USD$380m equity investment from global real estate investment management firm BGO.
BGO’s investment will be made on...
WeWork’s reorganization plan confirmed, set to emerge from bankruptcy
WeWork announced today that the United States Bankruptcy Court for the District of New Jersey has confirmed its Plan of Reorganization, marking the final...
Blackstone Real Estate divests Hawaii resort for $725m
Blackstone Real Estate has agreed to sell Turtle Bay Resort in Oahu, Hawaii for $725 million.
Blackstone purchased the hotel in 2018 for $332...
Blackstone acquires $1bn performing senior mortgage loan portfolio from PBB
Blackstone Real Estate Debt Strategies has acquired a $1 billion performing senior mortgage loan portfolio from leading German lender, Deutsche Pfandbriefbank (PBB).
The portfolio...
Medical Properties Trust secures £631m loan for UK assets
Medical Properties Trust has announced the completion of approximately £631 million ($800 million) in new non-recourse, non-amortizing secured financing.
This financing is backed by...
Starlight Investments adds Leeds BTR asset to UK portfolio
Global real estate investment and asset management firm Starlight Investments has greed to purchase 84 Kirkstall Road, a 111-suite build-to-rent (BTR) community located in Leeds.
Situated in...
Cromwell divests European platform for €280m
Cromwell Property Group has agreed to sell its European fund management platform and associated co-investments to Stoneweg, a Geneva headquartered, multi-strategy real estate investment...
Henderson Park snaps up Arizona Biltmore for $705m
London-based private equity real estate firm Henderson Park has acquired the Arizona Biltmore resort in Phoenix, Arizona, from Blackstone Real Estate for $705 million.
The iconic...
Cromwell sells six retail centres in Poland for €285m
Cromwell Property Group has sold six retail centres across Poland, held by the Cromwell Polish Retail Fund, for €285 million.
The purchaser, SCF, is a...
Hong Kong’s FEC divests two properties in UK for £17.2m
Hong Kong-based Far East Consortium International Limited (FEC) has agreed to divest two properties in the UK for 17.2 million.
The buyer is Boundary Park Holdings Ltd, a...
