CBRE appoints Chris Ely as Head of Hotel Asset Management, Asia
CBRE has appointed Chris Ely as Head of Hotel Asset Management, Asia.
Based in Singapore, Ely will lead CBRE’s Hotel Asset Management and Operator Selection...
CPP Investments to invest US$1.75bn in EQT’s AI infrastructure strategy
Canada Pension Plan Investment Board (CPP Investments) has invested US$1.75 billion (C$2.4 billion) to support EQT's strategy of expanding AI infrastructure through global data...
QIC appoints Kylie Rampa as new CEO
QIC, an Australian investment manager owned by the Queensland Government, has appointed Kylie Rampa as chief executive officer (CEO).
Kylie Rampa will commence in April...
CBRE completes $800m acquisition of J&J Worldwide Services
CBRE has completed its acquisition of J&J Worldwide Services, a prominent provider of engineering services, base support operations, and facilities maintenance for the U.S....
U.S. Steel sells non-core real estate asset for $160m
United States Steel Corporation (U.S. Steel) announced that it has closed on the sale of its non-core real estate asset, the Keystone Industrial Port...
Amazon to open fulfillment center in Auburndale, Florida
Amazon plans to open a fulfillment center in Auburndale, Florida. It is expected to create more than 500 new full-time jobs in the region.
Amazon currently employs...
Ares raises $1.7bn for third U.S. opportunistic real estate fund
Ares Management Corporation has closed its third Ares U.S. Real Estate Opportunity Fund III, L.P. (AREOF III) with $1.7 billion of commitments, exceeding the fund's...
U.S., Canadian commercial real estate markets expected to perform well in 2020
Transwestern Commercial Services and Devencore has released the results of their 2020 Commercial Real Estate Sentiment Survey, summarizing the firms’ outlook for U.S. and Canadian...
KKR, Parkway sign lease at Miami office tower
KKR and Parkway Property Investments LLC have signed a long-term lease with Millennium Management for more than 74,000 square feet across three floors at 1111 Brickell,...
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...
Savills : Retail sale and leaseback transactions expected to pick up post Covid-19
Retail sale and leaseback (SLB) transactions are expected to pick up again after the Covid-19 pandemic has passed, according to Savills latest Market in...
CBRE expects recovery in U.S. commercial real estate sectors next year
CBRE expects that 2021 will see a strengthened recovery of all U.S. commercial real estate sectors as the broader economy bounces back from the pandemic-induced...
