URW secures $925m financing for Los Angeles shopping center
Unibail-Rodamco-Westfield (URW) has secured $925m of new financing for Westfield Century City shopping center in Los Angeles, California, as part of its ongoing financial...
CTP opens office in Hong Kong
European logistics property developer and operator CTP has opened its first office in Asia.
The new office will be based in Hong Kong and headed...
ESR establishes RMB10bn China logistics fund
Hong Kong-based real asset manager ESR Group has established its largest-ever RMB income fund in China.
ESR has established the fund with one of China’s...
Delin Property appoints Tom Wattles as CEO
European logistics warehouse specialist Delin Property has appointed real estate industry veteran and Board member Tom Wattles as Chief Executive Officer.
Wattles replaces Rob Reiskin,...
China’s Evergrande files for bankruptcy protection in US
Chinese real estate giant Evergrande has filed for bankruptcy protection in the US.
China Evergrande Group filed for 'Chapter 15 bankruptcy protection' in a...
CapitaLand Ascendas REIT adds fifth data centre to UK portfolio
CapitaLand Ascendas REIT (CLAR) has acquired a high-specification Tier III colocation data centre facility in the UK from a global data centre operator for...
MSCI acquires remaining 66% interest in Burgiss for $697m
MSCI has agreed to acquire the remaining 66% of The Burgiss Group for $697 million in cash.
Burgiss is a Hoboken, New Jersey-based provider...
CapitaLand raises $950m for three new private funds
CapitaLand Investment (CLI) has secured S$1.3 billion (US$950m) equity commitment from global institutional investors forthree of its private funds, bringing its total equity raised...
PAG raises $1.8bn for third real assets fund
Asia Pacific-based alternative investment manager PAG has raised $1.8 billion in capital commitments for PAG Real Estate Partners Fund III (PREP III).
PREP III, the...
CapitaLand Ascott Trust to acquire hotels in London, Dublin, Jakarta
Singapore-listed CapitaLand Ascott Trust has announced the proposed acquisition of a hotel in London, The Cavendish London; a hotel in Dublin, Temple Bar Hotel;...
Oxford Capital signs agreement with Union Investment for DC hotel
Oxford Capital Group has signed a new long-term lease and management agreement for the Thompson Washington D.C. with the owner of the property, Germany's Union Investment.
Oxford...
JLL unveils AI model for commercial real estate
JLL has unveiled JLL GPT, the first large language model purpose-built for the commercial real estate (CRE) industry.
Developed by JLL Technologies (JLLT), the...
