Blackstone Strategic Partners raises $2.6bn for eighth real estate secondaries fund
Blackstone’s secondary and fund solutions business Strategic Partners has raised $2.6 billion for its latest real estate secondaries fund.
Blackstone has announced the final close...
Singapore’s Keppel to acquire European real estate manager Aermont
Keppel Corporation Limited has entered into an agreement with Aermont Capital Group SCSp to acquire an initial 50% stake in European real estate manager...
Property investors face new reality as ‘lower for longer’ interest rates fade away
According to M&G's Global Real Estate Outlook report, global property investors must increasingly focus on generating high yields and fostering growth to remain competitive...
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...
Hines buys 1.1 msf industrial campus in Chicago
Hines has purchased the Chicago Prime Portfolio, a two-building, 1.1 million-square-foot industrial campus in Melrose Park, IL, a suburb of Chicago.
The portfolio, located...
Aware Super unveils £5.25bn investment plan in UK and Europe
During today's Global Investment Summit, Australian pension fund Aware Super revealed its plan to direct a £5.25 billion investment commitment in the UK and Europe...
Global healthcare sector set to grow despite economic uncertainty
The global healthcare sector remains buoyant and is expected to grow despite a challenging economic outlook, according to global property advisor, Knight Frank.
Investors...
Singapore’s CDL invests £75.6m in Manchester PRS project
Singapore-listed real estate company City Developments Limited (CDL) has expanded its United Kingdom Private Rented Sector (PRS) portfolio with the acquisition of 1NQ, a...
BXP to sell 45% interest in two life sciences properties in Boston to NBIM
Boston Properties (BXP) has agreed to sell a 45% interest in two life sciences development properties located in Kendall Square in Cambridge, Massachusetts, to Norges Bank Investment Management at a...
Asia Pacific CRE investment recovery expected in mid-2024, says new survey
According to a recent survey by CBRE, a substantial number of investors are revising their projections for the revival of commercial real estate (CRE)...
Demand for rental apartments remains high, says Empira Group
The Empira Group, an investment manager for institutional real estate investments in the DACH region, has completed its quarterly research report on the current...
WeWork files for bankruptcy
WeWork, once the biggest US startup worth $47bn, has filed for bankruptcy in the US.
WeWork and certain of its entities has filed for protection...
