Trinity teams up with Oaktree and UBS AM for Zurich hotel investment
U.S. investment firm Trinity Investments has partnered with Oaktree Capital Management and UBS Asset Management to acquire the Park Hyatt Zurich, a 138-room luxury hotel...
WeWork slashes rent costs by $8bn, aims for May Chapter 11 exit
WeWork, the global workspace provider, announced significant progress in its real estate and financial restructuring efforts, positioning itself for emergence from Chapter 11 in...
Keppel REIT to buy 50% interest in Sydney CBD office building for A$364m
Keppel REIT has entered into an agreement to acquire a 50% interest in 255 George Street, a Grade A office building in Sydney's central...
PAG-led consortium to invest $8.3bn in world’s largest shopping mall manager
Asia Pacific-focused private equity firm PAG has joined forces with a group of investors to acquire a significant stake in Newland Commercial Management, the...
Rexford buys industrial portfolio from Blackstone for $1bn
Rexford Industrial Realty has acquired about 3 million square feet of industrial properties from Blackstone Real Estate.
The deal involved multiple transactions with different...
Ardian and Indigo Group form joint venture for Canadian parking investments
France-based private equity investment firm Ardian and Indigo Group, a global player in parking and urban mobility, have fomed a joint venture, Clermont, to...
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...
Investcorp launches $526m industrial real estate venture in US
Global alternative investment firm Investcorp has joined forces with two sovereign wealth funds to launch a new $526 million venture aimed at acquiring industrial...
Starwood Capital acquires 10.7% stake in ESR
Global private investment firm Starwood Capital Group announced that a controlled affiliate has agreed to purchase a 10.7% equity stake in ESR Group, a...
Bouwinvest invests in CapitaLand’s lodging fund
The Bouwinvest Asia Pacific Mandate has invested $75 million in the CapitaLand Ascott Residence Asia Fund II (CLARA II), a private fund managed by CapitaLand Investment Limited (CLI)....
Singapore’s FLCT to buy 89.9% interest in German logistics portfolio
Singapore-listed real estate investment trust (REIT) Frasers Logistics & Commercial Trust (FLCT) has entered into a share purchase agreement with subsidiaries of Frasers...
ECB becomes anchor tenant in CapitaLand’s Frankfurt building
Singapore-listed CapitaLand Integrated Commercial Trust Management Limited (CICTML) and CapitaLand Investment Limited (CLI) have secured the European Central Bank (ECB) as the new anchor...
