KKR, Gulf Bay sell all condominium units in Mystique at Pelican Bay
KKR and Gulf Bay Group of Companies (Gulf Bay) have sold all condominium units in Mystique at Pelican Bay, a trophy luxury residential tower in Naples, Florida,...
Global commercial property prices rise 7.3% year-over-year in Q3 2021
Global commercial property prices increased by 7.3% year-over-year in the third quarter of 2021, according to the latest RCA CPPI Global Cities report.
The Asia Pacific region...
QIC appoints Kylie Rampa as new CEO
QIC, an Australian investment manager owned by the Queensland Government, has appointed Kylie Rampa as chief executive officer (CEO).
Kylie Rampa will commence in April...
Asia Pacific commercial property investment reaches US$41.9bn in Q3 2021
Asia Pacific commercial real estate market grew 12% year-on-year to US$41.9 billion in the third quarter of 2021, bringing the year-to-date total to a...
Greystar sells US multifamily value-add fund for $3.6bn
Greystar Real Estate Partners has agreed to sell a 30-property, U.S. multifamily portfolio for $3.6 billion.
The fund was formed as part of Greystar’s flagship...
NPS, Tishman Speyer launch $1.5bn investment platform
The National Pension Service of Korea (NPS) and Tishman Speyer have launched NPS-Tishman Speyer Thematic Platform, a $1.5 billion separately managed account (SMA) focused on investments in...
Madison, Newbond launch $500m hospitality lending partnership
Madison Realty Capital and Newbond Holdings have launched Madison Newbond, an institutional lending platform that will provide first mortgages, mezzanine loans and preferred equity...
Highgate, Cerberus JV to buy CorePoint Lodging for $1.5bn
A joint venture between affiliates of Highgate and Cerberus Capital Management has agreed to acquire CorePoint Lodging Inc., a publicly traded U.S. lodging REIT.
Under...
Brookfield raises over $500m for growth fund
Global alternative asset manager Brookfield Asset Management has raised over $500 million for its growth fund, Brookfield Technology Partners II.
Brookfield Growth provides strategic capital to high-growth...
KKR’s fund pays $135m for warehouse facility in South Korea
KKR's fund KKR Real Estate Select Trust Inc.(KREST) has made its first international investment with the acquisition of a warehouse facility in Anseong, South Korea...
Link REIT buys prime retail portfolio in Sydney for A$538.2m
Hong Kong-listed Link Real Estate Investment Trust (Link REIT) said it has agreed to buy 50% interests in the three retail assets in Sydney,...
AEW invests $538m in South Korean logistics portfolio
AEW Capital Management has made its first logistics investments in South Korea with the forward acquisition of a logistics portfolio in the Greater Seoul...
