Ascott forms US student housing venture with Riyad Capital
Singapore-based CapitaLand’s wholly owned lodging business unit The Ascott Limited (Ascott) has formed a development venture totalling US$150 million (S$204.8 million) in committed equity...
Oaktree raises $3bn for third global real estate debt fund
Oaktree Capital Management has raised $3 billion for its third global real estate debt fund, Real Estate Debt Fund III (REDF III).
Oaktree said...
Patrizia completes acquisition of Whitehelm Capital
Patrizia has completed the acquisition of Whitehelm Capital, an independently owned international infrastructure manager with an outstanding track record spanning over 23 years.
Following the...
Skanska sells office campus in Houston for $147m
Skanska has sold West Memorial Place office campus in Houston, Texas, for $147 million (about SEK 1.3 billion), to a joint venture spearheaded by...
Allianz, NPS to buy 50% stake in landmark office building in Sydney
AREAP Core I fund, managed by Allianz Real Estate, has agreed to acquire a 50% stake in Commonwealth Bank Place (Darling Quarter) office building...
Australian commercial property activity reaches record high in 2021, says RCA
Australian commercial property sales activity set a new annual record in 2021 of $70.8 billion, climbing 69% on a subdued 2020 deal total as...
ESR secures US$243m sustainability-linked loan
ESR Cayman has secured a sustainability-linked Loan (SLL) of JPY28 billion (US$243 million) with an option to upsize it to JPY35 billion (US$303 million)....
Blackstone launches logistics platform in India
Blackstone has launched a logistics platform in India, Horizon Industrial Parks, a portfolio of logistics parks owned and managed by Blackstone Real Estate funds....
Hines, DWS JV buys industrial asset in Singapore
A joint venture between Hines and global real estate investment manager DWS has acquired Bukit Batok Connection, a 378,000-square foot industrial asset in Singapore.
The...
Westmount Realty Capital, Ares recapitalize 6.1 MSF industrial portfolio
Westmount Realty Capital has partnered with Ares Management Corporation to recapitalize a 51-asset industrial portfolio totaling 6.1 million square feet located in established industrial...
Centerbridge closes second real estate fund at $2.3bn
Centerbridge Partners has closed its second real estate fund, Centerbridge Partners Real Estate Fund II (CPREF II), with $2.3 billion in capital commitments, significantly above the...
Blackstone to buy Resource REIT for $3.7bn
Blackstone Real Estate Income Trust (BREIT) has agreed to acquire all of the outstanding shares of common stock of Resource REIT(REIT) for $14.75 per...
