CBRE: Korean inbound and outbound CRE investment falls in 2020 due to pandemic
Foreign investment in the Korean commercial real estate (CRE) market reached an estimated USD 1.9 billion in 2020, down 24% y-o-y, while Korean outbound commercial...
Invesco buys Class A office buildings in Bellevue, Washington
Invesco Real Estate, Invesco's global real estate investment business, has acquired two Class A office buildings within the broader Bravern mixed-use development in the...
Oaktree raises $4.7bn for eighth real estate opportunities fund
Oaktree Capital Management, L.P. has raised $4.7 billion for its Oaktree Real Estate Opportunities Fund VIII (ROF VII), exceeding the original target of $3.5...
Gaw Capital completes fundraising for IDC platform close to US$1.3bn
Hong Kong-based real estate private equity firm Gaw Capital Partners announced the closing of fundraising for its internet data center (IDC) platform, which targets...
Safehold closes $620M ground lease at 425 Park Avenue in New York City
Safehold Inc. has closed on the previously announced acquisition of the existing ground lease at 425 Park Avenue in New York, NY for approximately...
Mapletree Industrial Trust to acquire 60% interest in US data centre portfolio
Mapletree Industrial Trust (MIT), a real estate investment trust (REIT) listed on the Main Board of Singapore Exchange, has announced that its trustee DBS...
Office property in Washington, DC sold for $163m
Global project development and construction group Skanska has sold 99M, the Navy Yard office property in Washington, DC, USA, for $163 million (app. SEK...
Accor signs MoU to sell Essendi stake for up to €975m
Accor has signed a memorandum of understanding with a consortium led by Blackstone and Colony Investment Management for the sale of its 30.56% stake...
LaSalle fund expands portfolio in Japan with $321m investment
LaSalle Investment Management has acquired 10 properties in Japan, one large-scale logistics facility located in the Osaka metropolitan area and nine high-quality multifamily properties...
Investcorp to expand US industrial footprint with new venture
Investcorp has established a new venture with two sovereign wealth funds to acquire industrial real estate assets in the United States.
Investcorp said this...
Ascendas Reit to acquire office property project in Sydney for A$167.2m
Singapore listed industrial real estate investment trust Ascendas Real Estate Investment Trust (Ascendas Reit) has agreed to acquire a suburban office property (MQX4), to...
Morgan Properties pays $410m for two Midwest portfolios
Morgan Properties has acquired two portfolios totaling eight apartment communities and 2,986 units in Illinois and Indiana for $410 million.
The Illinois portfolio consists of...
