Blackstone to acquire American Campus Communities for $12.8bn
Blackstone has agreed to acquire American Campus Communities, the largest developer, owner and manager of student housing communities in the United States, for $12.8...
Greystone provides $76.7m refi for multifamily property in Huntingdon Valley, PA
Greystone has provided a $76,700,000 Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance Meadowbrook Apartments, a 531-unit multifamily property in Huntingdon Valley, Pennsylvania....
BioMed Realty acquires property in Boston
BioMed Realty has acquired the former John Hancock’s corporate headquarters at 601 Congress Street in Boston, Massachusetts.
BioMed Realty plans to convert the office building...
DigitalBridge to sell ownership interests in DataBank for $1.2bn
Global digital infrastructure investment firm DigitalBridge Group Inc said Thursday that it would sell its ownership interests in data center platform DataBank to Swiss Life...
Keppel DC REIT offloads Frankfurt data centre in €50m deal
Keppel DC REIT Management Pte. Ltd., the manager of Keppel DC REIT, has announced the sale of its 100% freehold interest in Kelsterbach Data...
CRE Herald’s best trending industry news in September
Here are CRE Herald’s best trending global commercial real estate (CRE) industry news for the month. Click on headlines to read more please.
Brookfield, Simon Property to...
Värde Partners invests $250m in U.S. single-family residential projects
Värde Partners, a global alternative investment firm, has invested $250 million in the development of single-family residential projects with three transactions in the U.S.
“The...
Covid-19 Impact : Apple closes all retail stores outside of China
Apple announced in a statement that it has decided to temporarily close most of its retail stores outside Greater China for two weeks to...
KKR strengthens European digital infrastructure play with fresh capital for GTR
KKR has reinforced its conviction in Europe’s fast-expanding data centre market by committing an additional $1.5 billion of equity to Global Technical Realty (GTR),...
CMT, CCT unitholders vote in favour of merger to form new REIT
Unitholders of CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) have voted in favour of the proposed merger of CMT and CCT to...
Eldorado Resort and Casino in Shreveport, Louisiana sold for $230m
Eldorado Resorts announced that it has agreed to sell the Eldorado Resort and Casino in Shreveport, Louisiana to Maverick Gaming LLC for $230 million.
The...
Blackstone hires Ryusuke Shigetomi as Japan chairman
Blackstone has hired Ryusuke Shigetomi as Chairman and Representative Director of Japan to support its expansion in the country.
In his role, Shigetomi will oversee...
