Blackstone to acquire Preferred Apartment Communities for $5.8bn
Blackstone Real Estate Income Trust (BREIT) has agreed to acquire Preferred Apartment Communities for $5.8 billion.
Under the terms of the agreement, BREIT will acquire...
Hines raises additional $600m for open-ended US property fund
Hines has announced an additional $600 million equity raising for its open-ended US property fund, Hines US Property Partners (HUSPP), bringing total aggregate investor...
Wynn Resorts to sell property in Boston for $1.7bn
Wynn Resorts has agreed to sell all of the land and real estate assets of Encore Boston Harbor to Realty Income for $1.70 billion...
Prologis appoints new CFO
Prologis has appointed Tim Arndt as its new chief financial officer (CFO), effective April 1, 2022.
Arndt, who has been with Prologis since 2004, will succeed long-time CFO Tom...
Investcorp pays $640m for 64 industrial properties in US
Investcorp has expanded its US industrial portfolio with the acquisition of 64 properties totaling approximately 5.6 million square feet across seven major US markets...
Blackstone acquires majority stake in ASK Investment Managers
Blackstone-managed private equity funds have acquired a majority stake in ASK Investment Managers Limited (ASK), one of India's largest asset and wealth management companies,...
Hines promotes Laura Hines-Pierce to co-CEO
Hines has promoted Laura Hines-Pierce to co-CEO of the firm, effective immediately.
Laura Hines-Pierce has served as Hines' senior managing director in the office...
ESR buys 550,000 sqm logistics portfolio in China
ESR Cayman Limited (ESR) has acquired a prime logistics and industrial portfolio in Greater Shanghai, China, in partnership with a global institutional investor.
ESR said...
Link REIT enters into JV with Oxford in A$2.3bn Australian office venture
Hong Kong-listed Link REIT has entered into a joint venture with global real estate investor Oxford Properties with a 49.9% interest in the Investa...
WeWork forms global partnership with Upflex
WeWork has formed a strategic partnership with Upflex, a coworking aggregator and global flexible workplace startup, to establish a combined global network of over...
Logos, KKR, Mubadala JV buys industrial development sites in Australia
A joint venture between Logos, KKR and Mubadala Investment Company has acquired a large-scale industrial land parcel in Huntingwood, Sydney and a strategic infill...
Carlyle to buy net lease asset portfolio from iStar for $3bn
iStar Inc. has agreed to sell a portfolio of its owned and managed net lease assets to an affiliate of Carlyle's Global Credit platform...
