Ascott Residence Trust to acquire nine serviced residences in five countries

Ascott Residence Trust to acquire nine serviced residences in five countries

Ascott Residence Trust (ART) has proposed to acquire nine serviced residences, rental housing and student accommodation properties across five countries from its sponsor, The...
Macquire invests in ST Telemedia Global Data Centres' European platform

Macquaire invests in ST Telemedia Global Data Centres’ European platform

Singapore-based data centre provider ST Telemedia Global Data Centres has sold a %40 percent stake in its European subsidiary Virtus Data Centres to Macquarie...
Evergrande shares fall over 80% after 17-month suspension

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...
Keppel REIT to buy 50% interest in Sydney CBD office building for A$364m

Keppel REIT to buy 50% interest in Sydney CBD office building for A$364m

Keppel REIT has entered into an agreement to acquire a 50% interest in 255 George Street, a Grade A office building in Sydney's central...

Lendlease completes sale of UK construction business

Lendlease has completed the sale of its UK Construction business to Atlas Holdings, marking the final step in its exit from international construction. The...
Redevco CEO Neil Slater to step down

Redevco CEO Neil Slater to step down

Cofra Holding AG has announced that Neil Slater will step down as Chief Executive Officer of Redevco on 31 January 2027 to become Chief...
BlackRock closes €1.2bn Europe property fund

BlackRock closes €1.2bn European property fund

BlackRock has announced the final close of its BlackRock Europe Property Fund VI (EFVI), raising €1.2 billion ($1.4 billion) in equity and co-investment capital....
Accor agrees €975m deal to sell Essendi stake to Blackstone-led consortium

Accor signs MoU to sell Essendi stake for up to €975m

Accor has signed a memorandum of understanding with a consortium led by Blackstone and Colony Investment Management for the sale of its 30.56% stake...
Alex Griffiths joins Savills IM as Global Head of Client Capital

Alex Griffiths joins Savills IM as global head of client capital

Savills Investment Management has appointed Alex Griffiths as Global Head of Client Capital, with responsibility for the firm's global capital raising and investor relations...
JLL : Over 30 percent of U.S. office market will be flexible by 2030

JLL : Over 30 percent of U.S. office market will be flexible by 2030

According to JLL’s latest research, U.S. office market has grown by an average of 23 percent each year since 2010. In 2018 alone, it made...
CRE Herald’s top 10 posts in June

Global real estate investment volumes reach $1.75tn in 2018

Global real estate transaction volumes increased by 4 percent year-o-year, reached a record high of US$1.75 trillion in 2018 from US$1.68 trillion in 2017...
us multifamily industry

U.S multifamily rents increase $4 in March

U.S. multifamily rents increased by $4 in March to $1,430, according to a new report from Yardi® Matrix . Rents increased 3.2% year-over-year...

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