Frasers Logistics & Commercial Trust, a Singapore-listed real estate investment trust, said its manager has entered into agreements to acquire interests in four property holding companies that own logistics assets in Germany and the Netherlands for approximately €294.9 million ($441.5 million Singapore dollars), as the REIT expands its logistics and industrial portfolio in Europe.

Singaporean REIT expands European footprint with €295m logistics deal

Frasers Logistics & Commercial Trust, a Singapore-listed real estate investment trust, said its manager has entered into agreements to acquire interests in four property...
AllianzGI invests in global data centre platform Yondr

AllianzGI invests in global data centre platform Yondr

Allianz Global Investors (AllianzGI), through its affiliate Allianz Capital Partners GmbH, has acquired a minority stake in Yondr Group, a global hyperscale data centre...
Savills posts profit growth as global property advisory business gathers momentum

Savills posts profit growth as global property business gains momentum

Savills plc reported higher revenue and profit for 2025, supported by growth across its global property advisory operations and improving transaction activity toward the...
Starlight raises £680m for second UK build-to-rent fund

Starlight raises £680m for second UK build-to-rent fund

Starlight Investments has announced the successful close of its UK BTR Fund II, with total capital commitments of £680 million across the fund and...
Virginia commercial real estate

CIM Group acquires hotel in Alexandria, Virginia

CIM Group has acquired the 254-room Crowne Plaza Hotel in Alexandria, Virginia with Carr Companies.The 12-story hotel is located at 901 N. Fairfax...
S&P MidCap 400 Index

PS Business Parks announces addition to the S&P MidCap 400 Index

PS Business Parks, Inc., a real estate investment trust (“REIT”) that acquires, develops, owns and operates commercial properties, primarily multi-tenant industrial, flex and office...
New York city office space

Madison Realty Capital moves headquarters to 520 Madison Avenue

Madison Realty Capital has moved its New York City headquarters to a larger and more modern space located at 520 Madison Avenue, according to...

U.S. office asking rents rise 0.4% in May

U.S. office asking rents rose by 0.4% in May over the previous three-month period, to $36.33, according to Yardi Matrix National Office Report. The...
CIM Group to build mixed-use project in Miami

CIM Group to build mixed-use project in Miami

CIM Group has begun construction of a mixed-use development on a 1.78-acre site at 2201 N Miami Avenue in the Wynwood district of Miami,...
Spirit Airlines to build new global headquarters in Florida

Spirit Airlines to build new global headquarters in Florida

Spirit Airlines will build a new global headquarters in Dania Beach, Florida. The company plans to move into the new campus by mid-2022. The...
U.S. commercial property prices increase in October

U.S. commercial property prices increase in October

U.S. commercial property prices increased by 7.5 percent year-over-year in October, according to the latest Real Capital Analytics CPPI (Commercial Property Price Indices) summary report.  The...
CIM Group signs lease with Andersen for two floors at CityNational2Cal

CIM Group signs lease with Andersen for two floors at CityNational2Cal

CIM Group announced that it has executed a long-term lease with the Los Angeles office of Andersen for approximately 46,000 square feet at CityNational2Cal,...

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