Lendlease, Google end development agreements for $15bn Bay Area project
Lendlease and Google have mutually reached an agreement to end the development services agreements of the four master-planned districts in San Jose (Downtown West),...
WeWork plans to file for bankruptcy, WSJ reports
Flexible workspace provider WeWork is planning to file for bankruptcy as early as next week, according to the Wall Street Journal report, citing people familiar with...
AXA IM Alts buys two senior housing assets in Japan for €34m
AXA IM Alts has acquired a portfolio comprising two city centre senior housing assets in northern Japan, on behalf of clients, for c. €34...
Realty Income to buy Spirit Realty Capital in $9.3bn deal
Realty Income Corporation and Spirit Realty Capital have entered into a definitive merger agreement under which Realty Income will acquire Spirit in an all-stock...
PGIM Real Estate provides $415m financing for US industrial portfolio
PGIM Real Estate, on behalf of its core debt strategy, has provided $415 million in fixed-rate financing to an institutional real estate investor on...
CBRE IM acquires student housing property in Tampa
CBRE Investment Management's fund CBRE Strategic Partners U.S. Value 9, through a joint venture with student housing pioneer GMH Communities, has acquired Venue at North Campus, a...
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...
Lendlease and Daiwa House join forces to develop new homes in London
Lendlease, a global real estate group, headquartered in Sydney, and Daiwa House, one of Japan’s largest home builders and property developers, have formed a...
CRE Herald named winner at Global Business Awards by Corporate Vision
CRE Herald is thrilled to announce that it has been named the ‘Best Commercial Real Estate News Platform 2023’ award at the prestigious Global Business...
TA Realty closes value-add fund at $1.8bn
TA Realty LLC has announced the final close of TA Realty Value-Add Fund XIII with total equity commitments of approximately $1.8 billion.
Fund XIII is...
King Street raises $1bn for third opportunistic real estate fund
Global investment firm King Street Capital Management has announced the final close of its third opportunistic real estate fund, Real Estate Fund III, with...
Real estate tech strategies advance AI, workplace and sustainability
Commercial real estate occupiers are willing to put their money where the tech is, according to new research data from JLL's 2023 Global Real Estate...
