Breakthrough raises $3bn for life science real estate fund
Breakthrough Properties, a joint venture of Tishman Speyer and Bellco Capital, has raised $3 billion for its Breakthrough Life Science Property Fund.
The $3 billion raised in fund...
Amazon plans to open new fulfillment center in Pittsburgh
Amazon.com, Inc. plans to open its 15th Pennsylvanian operations facility, a new fulfillment center, in Pittsburgh, creating more than 800 new, full-time jobs starting at $15 an...
Amazon announces new fulfillment center to be built in Mississippi
Amazon has announced a new fulfillment center to be built in Madison County, Mississippi. The fulfillment center will be the first facility located in...
Singapore’s CDL invests £75.6m in Manchester PRS project
Singapore-listed real estate company City Developments Limited (CDL) has expanded its United Kingdom Private Rented Sector (PRS) portfolio with the acquisition of 1NQ, a...
Clarion Partners buys biopharmaceutical facility in Braintree, MA
Clarion Partners Real Estate Income Fund Inc. (CPREIF) has acquired a 58,935-square foot biopharmaceutical facility located on more than three acres at 55 Messina...
Ascendas Reit to buy last mile logistics portfolio in US for US$156m
Singapore-listed industrial real estate investment trust Ascendas Reit is acquiring a portfolio of 11 logistics properties located in Kansas City, United States for S$207.8 million...
Cushman & Wakefield arranges $190M refinancing for International Plaza I & II in Dallas
Cushman & Wakefield (NYSE: CWK) recently announced that the real estate services firm served as the exclusive advisor to Taconic Capital Advisors in the...
Australian property sentiment falls sharply amid COVID-19 crisis
Property industry sentiment across Australia fell sharply to a record low amid COVID-19 pandemic crisis, according to the ANZ Property Council industry survey for the June 2020 quarter.
Australian property industry...
CDPQ appoints Rana Ghorayeb as executive vice-president and head of real estate
Global investment group CDPQ has appointed Rana Ghorayeb as executive vice-president and head of real estate.
In her new position, she will lead the...
Wells Fargo Survey: Construction industry hopeful about 2021, despite optimism dip
Wells Fargo today released the results of its 45th annual Construction Industry Forecast, revealing an initial decline in sector sentiment on the tail end...
Nuveen Global Cities REIT expands healthcare real estate portfolio
Nuveen Global Cities REIT (GCREIT) has acquired three medical office and life science properties across the U.S for $35 million.
The first property, 2945...
Americold Realty Trust to expand infrastructure network in New Zealand
Expansion adds 4.6 million cubic feet of temperature-controlled capacity to existing facility
Americold Realty Trust (NYSE: COLD) (the “Company” or “Americold”), the world’s largest publicly...
