Harrison Street sells two student housing portfolios for $1.9bn
Harrison Street has sold two student housing portfolios for a combined $1.9 billion.
The portfolios comprise 37 properties and nearly 24,000 beds across 19...
Blackstone to acquire Industrials REIT for £700m
US private equity giant Blackstone has agreed to acquire UK-listed commercial property company Industrials REIT for £700 million.
Industrials REIT and Blackstone, following a period...
Greystar buys 400-unit multifamily property in Atlanta
Greystar Real Estate Partners has acquired The Columns at Akers Mill, a 400-unit, garden-style multifamily community situated in the popular Atlanta suburb of Vinings,...
Global prime office rent and fit-out costs rise in Q3, says Savills
Rents for prime office spaces rose by 0.2%, and fit-out costs increased by 0.3% in Q3 2024, bringing the year-on-year growth in net effective...
CRE executives optimistic about future market conditions, survey finds
U.S commercial real estate (CRE) executives recognize the various challenges in the current market as a result of the COVID-19 pandemic, while remaining optimistic...
PGIM Real Estate’s worldwide transactions reach $12 bn in 2018
PGIM Real Estate, the real estate investment business of PGIM, announced it has realized 216 transactions worldwide worth circa $12 billion in the Americas,...
Australia’s IFM plans £10bn investment in UK
Australia-based global institutional investment manager IFM Investors plans to invest £10 billion in the UK infrastructure and energy transition projects by 2027.
Supported by its...
Blackstone makes $3bn offer for Soho China
Private equity firm Blackstone Group has made an offer worth US$3.05 billion (HK$5 per share) to acquire Beijing-based office developer SOHO China.
''The offer price...
URW secures $925m financing for Los Angeles shopping center
Unibail-Rodamco-Westfield (URW) has secured $925m of new financing for Westfield Century City shopping center in Los Angeles, California, as part of its ongoing financial...
Hines raises additional $600m for open-ended US property fund
Hines has announced an additional $600 million equity raising for its open-ended US property fund, Hines US Property Partners (HUSPP), bringing total aggregate investor...
Walker & Dunlop to buy Alliant Capital for $696m
Walker & Dunlop has agreed to acquire Alliant Capital and its affiliates, Alliant Strategic Investments and ADC Communities, an investment management firm focused on...
Hudson Pacific Properties to build office tower in Seattle
Hudson Pacific Properties has purchased the condominium rights for $86 million to build a 16-story office tower adjacent to the Washington State Convention Center...
