ARA acquires landmark office tower in Seoul, Korea for US$897m
ARA Asset Management Limited (ARA) said that its Korea subsidiary has completed the acquisition of Parc1 Tower II, a landmark office tower in Seoul,...
Microsoft to establish its first data center region in New Zealand
Microsoft Corp. announced it plans to establish its first data center region in New Zealand. ''A major milestone toward delivering enterprise-grade cloud services in the country,'' says the company in a statement.
The New Zealand...
KKR acquires industrial property in Phoenix for $43m
Global investment firm KKR has acquired an industrial distribution property in Phoenix, Arizona for $43 million. The asset is the third industrial property acquired...
Cushman & Wakefield completes sale of six-building, last-mile portfolio in the Baltimore-Washington Corridor
Cushman & Wakefield (NYSE: CWK) announced the completed $90,500,000 sale of Techwood Business Center, a six-building, 648,173-square-foot portfolio strategically located in the Baltimore Commons...
AustralianSuper acquires 50% stake in Oxford’s European logistics portfolio
AustralianSuper and Oxford Properties Group have announced a strategic partnership to create a significant industrial and logistics venture across Europe.
Managed by M7 Real...
Far East Orchard buys UK student housing portfolio
Singapore based Far East Orchard announced it has acquired three freehold student accommodation properties for £55 million (S$98.7 million) in Liverpool...
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...
CIM Group signs lease with Andersen for two floors at CityNational2Cal
CIM Group announced that it has executed a long-term lease with the Los Angeles office of Andersen for approximately 46,000 square feet at CityNational2Cal,...
Prologis renews call for Segro takeover talks
Prologis has renewed its appeal for the Segro board to engage over a potential combination, one day after the UK logistics real estate specialist...
Carbon pricing rapidly gaining ‘much needed’ traction in real estate, say ULI and PwC
Global real estate leaders surveyed by the Urban Land Institute (ULI) and PwC believe that the potential of carbon pricing to drive decarbonisation in...
CPP Investments and Goodman form €8bn European data centre joint venture
Canada Pension Plan Investment Board (CPP Investments) has agreed to establish a A$14 billion (€8 billion) European data centre partnership with Goodman Group, marking its...
Pan-European commercial property values rise for eighth consecutive quarter
Commercial property values across Pan-European open-ended diversified funds increased 0.3% in Q2 2026, extending the market’s run of quarterly appreciation to two years, according...
