BioMed Realty acquires property in Boston
BioMed Realty has acquired the former John Hancock’s corporate headquarters at 601 Congress Street in Boston, Massachusetts.
BioMed Realty plans to convert the office building...
BGO launches European hyperscale data center platform
Global real estate investment management firm BGO has announced the launch of BGO DataCenters, a new investment and development platform dedicated to delivering sustainable,...
Dalfen Industrial buys distribution facility from Clarion Partners
Dalfen Industrial has acquired a distribution facility, the Peachtree Distribution Center, from Clarion Partners at 17745 Lookout Rd in the East Dallas suburb of...
Papa John’s signs deal to open 49 new stores in Philadelphia area
Papa John’s has signed a store development agreement to expand in the Philadelphia area, according to a press release. Under the agreement, HB Restaurant...
Rockefeller Group sells logistics center in Inland Empire for $57.5m
Rockefeller Group has sold Harvill Logistics Center totaling more than 300,000 square feet in Riverside County, California for $57.5 million.
Rockefeller Group acquired approximately...
Cushman & Wakefield appoints Victoria Lake as CFO for APAC and EMEA
Cushman & Wakefield has appointed Victoria Lake as Chief Financial Officer for its Asia-Pacific (APAC) and Europe, Middle East and Africa (EMEA) operations, strengthening...
Safehold closes $620M ground lease at 425 Park Avenue in New York City
Safehold Inc. has closed on the previously announced acquisition of the existing ground lease at 425 Park Avenue in New York, NY for approximately...
KKR fund makes first investment in healthcare real estate market
KKR-managed fund KKR Real Estate Select Trust (KREST) has acquired a portfolio of core medical office buildings and ambulatory surgery centers located in seven...
Barings recapitalizes office property in Downtown San Diego
Barings said Wednesday that it has closed a joint venture between Barings and Phase 3 Real Estate Partners / Bain Capital to reposition and...
Evergrande to sell stake in HengTen for HK$2.1bn
China Evergrande Group Thursday said it has agreed to sell its entire stake in HengTen Networks Group Limited (HengTen) for HK$2.1 billion ($273m).
The company's...
Frasers Property to sell Sydney’s Central Park Retail in one line
The final three retail assets (“Central Park Retail”) in Frasers Property Australia and Sekisui House’s award-winning A$2 billion mixed-use Central Park development in Sydney...
U.S net-lease investment climbs in third quarter
U.S net-lease investment, comprising office, industrial and retail properties, increased by 30.2% year-over-year to $20.9 billion in Q3 2019, the third-highest quarterly total on...
