Union Investment sells office building in Singapore
Union Investment has sold the VisionCrest Commercial office building in Singapore to a real estate fund managed by TE Capital Partners.
The purchase price is above current valuation, said...
AEW’s global debt funding analysis shows Europe as most challenged market
Global real estate investment and asset manager AEW has released its first global Debt Funding Gap (DFG) analysis, which provides insights on the relative refinancing...
Hong Kong court orders Evergrande to liquidate after restructuring talks fail
A Hong Kong court has ordered the liquidation of China's debt-ridden property giant Evergrande.
Evergrande, with obligations exceeding $330 billion, did not achieve any results...
Accord invests in Noble Hospitality Fund V
Global real estate investment and capital advisory firm Accord Group Holdings has invested in Noble Investment Group's latest venture, Noble Hospitality Fund V, which...
Pace of decline in US CRE prices slows in December
The pace of decline in US commercial real estate (CRE) prices slowed in December, according to the latest Real Capital Analytics CPPI (Commercial Property Price Indices)...
M&G Real Estate pays $202m for Tokyo multi-family property
M&G Real Estate Asia (M&G) has added to its portfolio with the recent acquisition of Frontier Shinjuku Tower, a high-end multi-family property situated in...
Kering pays $963m for Fifth Avenue property in New York City
French-based global luxury group Kering has acquired a prestigious New York City property located at 715-717 Fifth Avenue, on the south-east corner of 56th...
Blackstone to acquire Tricon Residential in $3.5bn deal
Blackstone and Tricon Residential have announced that Blackstone Real Estate Partners X and Blackstone Real Estate Income Trust (BREIT) will acquire all of the...
Google unveils $1bn UK data centre investment
Google has unveiled plans to invest $1 billion in a cutting-edge data centre in Waltham Cross, Hertfordshire, spanning 33 acres.
The project is expected to...
Sekisui House to buy US homebuilder MDC in $4.9bn deal
Japanese house manufacturer Sekisui House has announced the acquisition of MDC Holdings, a U.S. homebuilder, in an all-cash transaction valued at $4.9 billion.
Under the...
Rockpoint secures $5.1bn in equity capital for real estate fund
Boston-based real estate private equity firm Rockpoint has announced the completion of its current fundraising cycle, securing a remarkable $5.1 billion in aggregate equity...
Japan dominates cross-border real estate investments in Asia Pacific
According to CBRE's 2024 Asia Pacific Investor Intentions Survey, Japan maintains its status as the preferred destination for cross-border real estate investment in the...
