CapitaLand exits from retail in Japan, invests in logistics assets
CapitaLand will invest about JPY 7.5 billion (S$90.8 million) in its second logistics asset in Japan.
The company has acquired freehold site to develop a four-storey...
Dexus to develop purpose-built facility for Scalzo in Victoria
Australia’s real estate group Dexus announced it will develop a purpose-built facility that includes manufacturing, warehousing and a corporate head office for Scalzo Foods...
Harrison Street raises $1.6bn for real estate fund
Harrison Street, an alternative real asset investment firm that buys and sells education, health-care and storage properties, announced the final close of the...
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...
KKR raises $4.3bn for Americas opportunistic real estate fund
Global investment firm KKR on Monday announced the final closing of KKR Real Estate Partners Americas III (REPA III), a $4.3 billion fund dedicated...
Skanska sells Boston office building to KKR for $234.5m
Skanska has sold Two Drydock, an office building in the Seaport’s Raymond L. Flynn Marine Park, in Boston, to KKR, a global investment firm,...
Hines invests in Hong Kong co-living market
Global real estate investment firm Hines has entered the Hong Kong co-living market.
The company has acquired the Butterfly on Prat Hotel in the heart of...
US commercial property prices rise 6.7% y-o-y in September
U.S. commercial property prices increased by 6.7 percent year-over-year in September, according to the latest Real Capital Analytics CPPI (Commercial Property Price Indices) summary report. The...
Singapore’s Ascendas REIT to acquire logistics property in Sydney for A$23.5m
Singapore’s listed business space and industrial real estate investment trust, Ascendas Real Estate Investment Trust (Ascendas Reit) said it has agreed to acquire a...
Greystar’s first close of its China focused fund with $450 million
Greystar Real Estate Partners together with its investment partners APG Asset Management N.V., Bouwinvest Real Estate Investors, and MIRA Real Estate announced the first...
Asia Pacific CRE investment activity gradually improves in H2 2020
Asia Pacific commercial real estate (CRE) investment volume rose by 44% q-o-q to US$26 billion in Q3 2020, with the October-December quarter also expected...
Amazon announces new fulfillment center to be built in Mississippi
Amazon has announced a new fulfillment center to be built in Madison County, Mississippi. The fulfillment center will be the first facility located in...
