DiamondRock sells hotel in New York City for $185m
DiamondRock Hospitality Company has completed the sale of the 725-room Lexington Hotel in New York City for $185.3 million.
Including the company's projected capital expenditures, the sale price...
Logos, Manulife establish South Korea logistics venture with $200m seed asset
Logos and Manulife Investment Management have established Logos Korea Core Venture to invest in logistics facilities in South Korea.
The partnership announced the acquisition of...
US CRE prices maintain upward momentum in March, led by retail sector
Commercial property prices in the U.S. edged further into positive annual growth territory in March, signaling continued resilience in the sector despite broader market...
Medical Properties Trust forms hospital partnership with Macquarie
Medical Properties Trust (MPT) has completed the previously announced transaction with Macquarie Infrastructure Partners V, a private fund managed by Macquarie Asset Management(MAM) to...
Ares closes $2.4bn fund to develop data centers in Japan
Ares Management Corporation has announced the final close of Japan DC Partners I LP fund, its first investment vehicle dedicated to data center development....
Chinese firm acquires Fernie Castle Hotel in Scotland
Chinese real estate company MDJM's wholly owned subsidiary in the United Kingdom, MD Local Global Limited (MD UK), has agreed to acquire Fernie Castle Hotel,...
Vail to acquire Crans-Montana ski resort in Switzerland
Vail Resorts, the New York Stock Exchange-listed mountain resort company, has agreed to acquire Crans-Montana Mountain Resort in Switzerland from CPI Property Group.
Vail Resorts is...
AMC plans to open more movie theatres in US
AMC Entertainment, the largest movie exhibition company in the United States, said on Thursday that 14 AMC locations in the state of Washington will...
Brookfield in exclusive talks to sell London’s CityPoint office tower
Brookfield Corp. is in exclusive negotiations to sell CityPoint, one of the City of London’s landmark office towers, for a price broadly in line...
Azora closes €1.6bn Southern Europe real estate fund
Azora has reached the final close of its Southern Europe Opportunities III (SEO III) value-add real estate fund with €1.6 billion in commitments, making...
ESR forms US$500m JV with GIC to invest in China logistics real estate
ESR Cayman Limited, the APAC focused logistics real estate platform, has entered into strategic partnership with Singapore’s sovereign wealth fund GIC to establish a...
COVID-19 to impact U.S multifamily industry, Yardi Matrix reports
According to the latest report from Yardi Matrix, the multifamily industry may feel the impact of the domestic spread of COVID-19, although the majority...
