Trammell Crow, Principal to build life science campus in Frederick, Maryland
Trammell Crow Company and Principal Real Estate Investors have announced plans for Jefferson Technology Park, a 500,000-square-foot life science campus in Frederick, Maryland.
The...
QuadReal, GPT expand Australian logistics JV to A$2bn
Auatralian property company The GPT Group and QuadReal Property Group, a global real estate investment company headquartered in Vancouver, British Columbia, have expanded their...
Newmark buys London-based real estate advisory firm
U.S-based commercial real estate advisory and services firm Newmark Group has acquired London-based real estate advisory business BH2.
Financial terms of the deal were not disclosed....
CapitaLand acquires two prime residential sites in China for RMB3.5bn
CapitaLand Group's development arm CapitaLand Development (CLD) has won the bids for two prime residential sites in China, one each in the cities of...
Allianz fund pays $90m for multi-family residential portfolio in Tokyo
Allianz Real Estate has agreed to acquire a portfolio of prime multi-family residential assets in Tokyo for $90 million on behalf of the Allianz...
PGIM Real Estate completes $42.7bn in transactions globally in 2021
PGIM Real Estate Wednesday said it completed a record $42.7 billion in transactions globally in 2021, up 43% from the prior year, including $35...
Goldman Sachs, Sojitz to launch residential investment platform in Japan
Tokyo-based company Sojitz Corporation and Goldman Sachs Asset Management are launching a new residential investment platform in Japan.
The companies have agreed to jointly establish...
KKR, GIP complete $15bn acquisition of CyrusOne
CyrusOne has announced the completion of its acquisition by funds managed by KKR and Global Infrastructure Partners (GIP) for $15 billion.
The company also announced,...
Asian outbound commercial real estate investment surges to $54.6bn in 2021
After a muted year in 2020, Asian outbound commercial real estate investment surged 69% year-on-year (y-o-y) in 2021 to US$54.6 billion, surpassing 2019’s pre-pandemic...
iStar sells net lease asset portfolio for $3.07bn
iStar Inc. has completed the previously announced sale of a portfolio of owned and managed net lease assets to an affiliate of Carlyle's Global...
Ascott’s fund buys two assets in Ningbo and Amsterdam for S$190m
The Ascott Limited, a wholly-owned lodging business unit of CapitaLand Investment (CLI), is acquiring two assets in Ningbo, China and Amsterdam, the Netherlands for...
CapitaLand Investment, PGIM launch value-add logistics fund in South Korea
CapitaLand Investment Limited (CLI) has launched a value-add logistics fund via a joint venture with PGIM Real Estate.
CLI has a 10% stake in the fund...
