Commerz Real acquires office tower in New York
Commerz Real, a member of Commerzbank Group, has acquired an office tower, 100 Pearl Street, located in downtown Manhattan, New York, for its open-ended...
Elanor sells shopping centre for $130m
Elanor Retail Property Fund (ERF) has agreed to sell the Auburn Central shopping centre in Western Sydney to SCA Property Group for A$129.5 million,...
U.S. economy still on track to slow in 2019 : Fannie Mae
Headline economic growth for 2019 continues to be forecast at 2.2 percent, down from 3.0 percent in 2018, according to the Fannie Mae Economic and...
City of Adelaide announces partner for $400m redevelopment project
Lord Mayor Sandy Verschoor announced ICD Property as the development partner for the iconic Central Market Arcade, a A$400 million redevelopment project led by...
Amazon announces new investment in Florida
Amazon.com, Inc. is expanding its investments in Florida with a new robotics fulfillment center and five new delivery stations.
The new facilities are expected to create more...
APG invests in GLP’s China logistics value-add fund
GLP has announced the first close of the China logistics value-add fund, GLP China Value-Add Partners IV (GLP CVA IV), with $1.2 billion in equity...
Brookfield Properties to develop Class-A logistics park in Austin, Texas
Global real estate services company Brookfield Properties has added Park 290, a 68-acre development site located in Austin, Texas to its U.S. logistics portfolio.
Located...
CBRE hires new CIO
CBRE has hired senior investment banker Croft Young as its new Chief Investment Officer (CIO).
Young will join the company in July from Morgan Stanley,...
CDL acquires residential rental portfolio in Japan from BGO
Singapore-listed global real estate company City Developments Ltd (CDL) has expanded its private rented sector (PRS) portfolio in Japan by acquiring a 25 freehold...
Japan dominates cross-border real estate investments in Asia Pacific
According to CBRE's 2024 Asia Pacific Investor Intentions Survey, Japan maintains its status as the preferred destination for cross-border real estate investment in the...
Prologis commits $500m to European, US funds
Logistics real estate company Prologis announced Tuesday it had cleared all redemption requests as of June 30 for its two major strategic capital funds, Prologis European...
KKR, Global Infrastructure Partners to acquire CyrusOne for $15bn
KKR and Global Infrastructure Partners (GIP) are acquiring CyrusOne, a global data center REIT, for $15 billion.
CyrusOne Monday announced a definitive agreement pursuant to...
