LaSalle launches Japan real estate fund
LaSalle Investment Management (“LaSalle”) has launched LaSalle Japan Property Fund, a private open-ended core real estate fund.
The Fund invests in core properties in Japan...
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...
Mitsubishi Estate launches two major office developments in London
Mitsubishi Estate has commenced full-scale construction on two landmark office development projects in London: 72 Upper Ground and 1 Victoria Street.
The projects represent...
City of London office building sold to Japanese firm for £169m
Daibiru Corporation, a Japanese real estate company headquartered in Osaka, has made its entry into the UK market with the acquisition of Capital House,...
TA Associates sells its funds’ ownership interest in Exeter to EQT
Private equity firm TA Associates said Tuesday it has sold its funds’ ownership interest in Exeter Property Group to EQT AB (EQT).
''The $1.87...
Blackstone completes $7.6bn acquisition of PS Business Parks
Affiliates of Blackstone Real Estate have completed the previously announced acquisition of all of the outstanding shares of common stock of PS Business Parks...
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...
April retail sales drop nearly twice as much as March during coronavirus pandemic
Retail sales dropped almost twice as much during April as they did in March as the nation’s economy saw its first full month when...
Columbia, WeWork terminate lease at 149 Madison Avenue in Manhattan
Columbia Property Trust and WeWork have released a joint statement on Thursday regarding termination of WeWork’s lease at 149 Madison Avenue in Manhattan.
The statement...
Global healthcare sector set to grow despite economic uncertainty
The global healthcare sector remains buoyant and is expected to grow despite a challenging economic outlook, according to global property advisor, Knight Frank.
Investors...
Boston Properties, Alexandria form JV for life science campus in South San Francisco
Boston Properties, Inc. and Alexandria Real Estate Equities, Inc. have formed a joint venture to develop, own and operate approximately 1.1 million square feet...
Korea’s NPS awards Russell Investments $1bn global listed real estate mandate
South Korea’s public pension fund National Pension Service (NPS) has awarded a US$1 billion global listed real estate mandate to Russell Investments, the global...
