Boston Properties, CPP Investments and GIC form US office property partnership
Boston Properties, Inc.(BXP), Canada Pension Plan Investment Board (CPP Investments) and Singapore’s sovereign wealth fund GIC have established a co-investment program for future acquisitions...
TerraCap buys office property for $54m
Florida-based commercial real estate investment firm TerraCap Management LLC has acquired Cherry Creek Plaza, a Class A office property in Glendale, CO for $54,050,000.
Cherry Creek Plaza is comprised...
CBRE Global Investors buys logistics property in Maryland
CBRE Global Investors, through one of its sponsored funds, has acquired an 889,608-square-foot bulk logistics property in Aberdeen, Maryland.
Fund now owns 2.24 million...
Lendlease acquires industrial portfolio for $161m
Lendlease-managed Australian Prime Property Fund Industrial (APPF Industrial) has agreed to acquire a portfolio of three assets from the Mirvac Industrial Logistics Partnership (MILP)...
AECOM provides business update amid the coronavirus pandemic
AECOM (NYSE:ACM), the world’s premier infrastructure firm, today shared an update on the multiple steps it has taken throughout the global coronavirus pandemic to...
Logistics Property Co. closes $1bn develop-to-core fund
MIRA Real Estate-backed Logistics Property Company, LLC (LPC) has announced the closing of its develop-to-core fund, LPC Logistics Venture One, with total equity commitments...
U.S GDP growth revised up to 2.1% in third quarter
U.S real gross domestic product (GDP) increased 2.1 percent in the third quarter, according to the "second" estimate released by the Bureau of Economic Analysis....
AIA, GLP form global logistics real estate investment partnership
Pan-Asian life insurance group AIA Group Limited and GLP have formed a partnership to invest in the global logistics real estate industry and related...
Canadian REIT divests remaining interest in IRES
Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) has sold its remaining equity interest in Irish Residential Properties REIT (IRES).
During the first quarter...
CityCenter to sell two-acre parcel land in Las Vegas for $80m
CityCenter Holdings, LLC, a venture between MGM Resorts International and Infinity World Development Corp, has agreed to sell its two-acre site in Las Vegas...
Australian retailer Coles Group signs agreement with Viva Energy
Australian retailer Coles Group has entered into an agreement to restructure the terms of the Fuel and Convenience Alliance (New Alliance) with Viva...
PIMCO to acquire Columbia Property Trust for $3.9bn
Global investment management firm Pacific Investment Management Company (PIMCO) is acquiring Columbia Property Trust in a deal valued at $3.9 billion.
Columbia Property Trust said...
