GLP announces partnership with Allianz to invest in Japan and China logistics assets
GLP, a global investment manager specializing in logistics and related technology investments, announced a new investment partnership with Allianz Real Estate, to invest in...
China’s commercial real estate investment hits record high
Cushman & Wakefield has released its latest Greater China Capital Markets Express report. According to the report, commercial real estate (CRE) investment in China...
Keppel REIT to buy office building in North Sydney for A$328m
Singapore-based Keppel REIT has agreed to acquire a 100% interest in Blue & William, a freehold Grade A office building currently under development in...
Keppel raises US$400m for Vietnam-focused real estate fund
Keppel Capital, the asset management arm of Keppel Corporation and Keppel Land, the property arm of Keppel Corporation, have jointly launched the Keppel Vietnam...
PATRIZIA announces new country manager for Japan
PATRIZIA has appointed Takehiko Uehara as PATRIZIA Japan Country Manager, effective immediately, reporting directly to PATRIZIA’s Co-CEO Thomas Wels.
His formal job title in...
Safehold closes $180m ground lease in New York City
Safehold Inc. has closed on the previously announced $180 million Safehold™ ground lease under the office property at 685 Third Avenue in New York...
South Korean pension fund invests $100m in 3650 REIT’s lending strategy
South Korea-based public pension fund Public Officials Benefit Association (POBA) has made a $100 million capital commitment to US-based commercial real estate lender...
CBRE acquires project management company in Australia
CBRE Group, Inc. has acquired Montlaur Project Services Pty Ltd, a project management company in Australia.
Montlaur is active across a wide range of...
PGIM RE provides $408m acquisition loan for industrial property portfolio
PGIM Real Estate has provided a $408 million senior loan facility to an institutional real estate investor for the acquisition of 11 Class A...
KKR expands real estate credit strategy with $850m fund close
KKR has closed its KKR Opportunistic Real Estate Credit Fund II (ROX II), securing over $850 million in commitments.
The fund will focus on...
Park Central San Francisco to rebrand under Hyatt Regency
Hyatt Hotels Corporation announced today that a Hyatt affiliate has entered into a franchise agreement with 50 Third Street Owner LP for Park Central San...
Amazon to open fulfillment center in Deltona, Florida
Amazon plans to open a fulfillment center in Deltona, Florida. The new facility will create 500 new full-time jobs in the region.
“We’re excited to continue...
