AustralianSuper invests €1.5bn in Vantage Data Centers EMEA
Australia’s largest pension fund AustralianSuper is investing €1.5 billion to acquire a significant minority stake in Vantage Data Centers Europe, Middle East and Africa (Vantage EMEA),...
PGIM Real Estate appoints new co-CEOs
PGIM Real Estate has appointed Cathy Marcus and Raimondo Amabile as co-chief executive officers, effective Oct. 1, 2023.
Marcus and Amabile will jointly run...
Madison International Realty raises $1.7bn for real estate fund
Madison International Realty has announced the final closing of Madison International Real Estate Liquidity Fund VIII, its latest commingled investment vehicle, with $1.7 billion...
URW sells shopping mall in California for $199m
Unibail-Rodamco-Westfield (URW) has sold Westfield Valencia Town Center, a regional mall in Santa Clarita, California, to Centennial Real Estate (Centennial) for $199 million, above...
Prologis commits $500m to European, US funds
Logistics real estate company Prologis announced Tuesday it had cleared all redemption requests as of June 30 for its two major strategic capital funds, Prologis European...
Vornado, Hudson Pacific, Blackstone to invest $350m in Manhattan studio campus project
Vornado Realty Trust, Hudson Pacific Properties, Blackstone, the City of New York, and New York City Economic Development Corporation (NYCEDC) have entered into Manhattan’s...
Rolls-Royce appoints JLL as global real estate facilities manager
Rolls-Royce, the multinational power and propulsion business, has selected JLL as its global real estate facilities manager.
JLL will run global facilities management (FM) operations...
Kimco Realty to acquire RPT Realty in $2bn all-stock deal
Kimco Realty, a real estate investment trust (REIT) headquartered in Jericho, N.Y, announced it has reached an agreement to acquire RPT Realty in an...
Evergrande shares fall over 80% as trading resumes after 17-month suspension
China's Evergrande resumed today trading on the Hong Kong Stock Exchange today after a 17-month suspension.
The company's shares fell 87 percent within the first...
PAG to buy Australian Venue Co from KKR
Asia Pacific-focused alternative investment firm PAG has agreed to buy KKR’s controlling stake in Australian Venue Co (AVC).
Financial terms of the transaction were...
Roark Capital to acquire Subway for $9.6bn
Atlanta-based private equity firm Roark Capital has agreed to acquire Subway, one of the world's largest quick-service restaurant brands.
While Subway and Roark Capital did not...
Realty Income to invest $950m in Bellagio Las Vegas
Realty Income has agreed to invest approximately $950 million to acquire common and preferred equity interests from BREIT in a new joint venture that...
