CRE Herald

CRE Herald’s 10 most read real estate news stories in January

CRE Herald's 10 most read global commercial real estate (CRE) market news stories for the month. Cushman & Wakefield cuts ties with Trump Organization Cushman & Wakefield,...

CRE Herald’s top 10 posts in July

Here are ten of our most popular articles for the month. Lendlease signs $15bn deal to develop Google’s Bay Area projects Lendlease, a global property...
Chinese Wanda to sell its stake in Chicago property project for $270m

Chinese Wanda to sell stake in Chicago property project for $270m

Hong Kong-listed Wanda Hotel Development, a unit of Chinese billionaire Wang Jianlin’s Dalian Wanda Group, has agreed to sell its 90 per cent stake...
Park Hotels & Resorts to sell two assets for $149m

Park Hotels & Resorts to sell two assets for $149m

Park Hotels & Resorts (Park) has agreed to sell two assets for combined gross proceeds of $149 million, or approximately $360,000 per key. The assets consist...
GCP raises $2.3bn for North American logistics real estate fund

GCP raises $2.3bn for North American logistics real estate fund

Los Angeles-based GLP Capital Partners (GCP) has raised $2.3 billion for its North American logistics real estate fund, GLP Capital Partners IV, exceeding its...
Waterfront Toronto looks for development partner for Quayside project

Waterfront Toronto looks for development partner for Quayside

Waterfront Toronto has launched an international competition to find a development partner for the Quayside lands. Waterfront Toronto issued a request for qualifications (RFQ)...
Prologis makes third proposal for Segro

Prologis makes third proposal for Segro

Prologis has announced that it has submitted two revised takeover proposals for Segro since its initial approach in June, with its latest offer valuing...
Manulife to join consortium for Hong Kong office tower investment

Manulife to join consortium for Hong Kong office tower investment

Real estate private equity firm Gaw Capital Partners-led consortium, including Schroder Pamfleet, BOC Life, Rafi Investments (Asia) and other partners, has completed the acquisition...
Blackstone conversion corporation

Blackstone completes conversion to a corporation

Blackstone, the world’s biggest landlord, with $512 billion in assets under management announced that it has completed its previously announced conversion to a corporation from a...
Grade A vacancy rate falls below 1% in Japan's three major cities

Grade A Office vacancy rate falls below 1% in Japan’s three major cities

According to CBRE's Japan Office Market View Q1 2019 report, Grade A Office vacancy rate falls below 1% in three major cities. Tokyo Grade A...
Lendlease, Mitsubishi Estate form new JV for residential tower in Sydney

Lendlease, Mitsubishi Estate form new JV for Sydney residential tower

Lendlease has established a joint venture with Mitsubishi Estate to deliver Residences Two, the second residential tower at One Sydney Harbour, Barangaroo. Under the terms...
Blackstone closes largest-ever European real estate drawdown fund at €9.8bn

Blackstone closes largest-ever European real estate drawdown fund at €9.8bn

Blackstone has announced the final close of its latest European opportunistic real estate fund, Blackstone Real Estate Partners Europe VII (BREP Europe VII), securing...

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