Global real estate is at a ‘pivot point’, say ULI and PwC
Despite facing monetary headwinds and persistent economic uncertainty worldwide, there is a prevailing belief that the global real estate industry is at a crucial...
Deka adds Vancouver office campus to global portfolio
Deka Immobilien has added an office campus on the west coast of Canada to its global real estate portfolio.
The office campus, consisting of...
Azora expands US logistics portfolio with Miami asset acquisition
Madrid-based European private equity real estate manager Azora has acquired, through one of its separate accounts, an Industrial Storage Platform (IOS) in Miami, Florida,...
AustralianSuper to grow UK investment portfolio to over £18bn by 2030
AustralianSuper, the largest pension fund in Australia, plans to increase its investment portfolio in the UK to more than £18 billion by the end...
Union Investment divests two properties in Tokyo
Union Investment has completed the profitable sale of two prime real estate assets in Tokyo, Japan.
The Shibuya Prime Plaza office building, completed in...
London tops global cross-border commercial real estate investment in 2023
MSCI Real Assets has released a study delving into the dynamics of global cross-border investment in commercial real estate for the previous year.
In...
Singapore’s Sun Venture acquires hotel in London
Singapore-based investment firm Sun Venture has completed its acquisition of the Hyatt Place London City East hotel from Resolution Property.
This marks Sun Venture’s first foray...
Country Garden faces winding-up petition amid financial struggles
China's Country Garden is currently under the spotlight as news breaks of a winding-up petition filed against the company.
The petition, dated February 27, 2024,...
CBRE completes $800m acquisition of J&J Worldwide Services
CBRE has completed its acquisition of J&J Worldwide Services, a prominent provider of engineering services, base support operations, and facilities maintenance for the U.S....
Starwood Capital taps Jonathan Pollack as president
Starwood Capital Group has announced the appointment of Jonathan Pollack as its President, effective 2025.
Pollack, formerly the Global Head of Real Estate Credit at...
SBB, Castlelake joint venture generates SEK 5.2bn in cash for SBB
Swedish real estate firm Samhällsbyggnadsbolaget i Norden AB (SBB) has reached an agreement to form a joint venture, SBB Infrastructure AB, with global alternative...
Global commercial property prices end 2023 with 5.9% decline
In the latest edition of the RCA CPPI Global Cities report, the Q4 2023 results reveal a persistent downturn in global commercial property prices,...
