Hines raises $590m for new tactical fund
Hines has raised $590 million in a first close of U.S. Property Recovery Fund (HUSPRF), its new flagship tactical fund in the United States.
In...
CP Group buys trophy office tower in Atlanta, Georgia
CP Group has acquired Bank of America Plaza, a 55-story Class-A office tower in the heart of Midtown Atlanta, in a joint venture with...
VICI Properties completes acquisition of MGM Growth Properties
VICI Properties has completed its previously announced acquisition of MGM Growth Properties (MGP) for $17.2 billion.
Simultaneous with the closing of the MGP acquisition,...
Slate buys 800 acres of industrial land in Hamilton, Ontario
Slate Asset Management has acquired approximately 800 acres of industrial land and buildings in Hamilton, Ontario from Stelco Inc.
Slate plans to redevelop the...
Google to buy Thompson Center in Chicago’s Loop
Google on Tuesday announced it intends to buy the iconic James R. Thompson Center building in Chicago’s Loop.
Google plans to convert the Thompson...
Simon Property to acquire 50% stake in Jamestown
Mall owner Simon Property Group has agreed to acquire a 50 percent interest in Jamestown, a global real estate investment and management firm with over $13...
University of California to invest additional $500m in Blackstone REIT
The Office of the Chief Investment Officer of the Regents of the University of California (UC Investments) and Blackstone announced an expansion of their long-term...
Swiss real estate firm buys multifamily development site in Dallas
Switzerland-based institutional real estate investment firm Empira Group has bought a development site strategically located steps from the vibrant Dallas Arts District and right...
Longpoint raises $940m for third institutional fund
Boston-based real estate investment firm Longpoint has announced the final closing of its third institutional fund, Longpoint Fund III, L.P. (Fund III).
Fund III was oversubscribed,...
Empira opens new North American headquarters in Miami
Swiss-based institutional real estate investment firm Empira Group announced the opening of a new North American headquarters in Miami, Florida.
Located at 200 S. Biscayne...
CDPQ appoints Rana Ghorayeb as executive vice-president and head of real estate
Global investment group CDPQ has appointed Rana Ghorayeb as executive vice-president and head of real estate.
In her new position, she will lead the...
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...
