DiamondRock sells hotel in New York City for $185m
DiamondRock Hospitality Company has completed the sale of the 725-room Lexington Hotel in New York City for $185.3 million.
Including the company's projected capital expenditures, the sale price...
Prologis to acquire Liberty Property Trust for $12.6bn
Prologis, Inc., the global logistics real estate company, has agreed to acquire Liberty Property Trust, a publicly traded real estate investment trust which owns...
NMHC Rent Payment Tracker finds rent payment rate at 93 percent of prior month
The National Multifamily Housing Council (NMHC) found that 84 percent of apartment households made a full or partial rent payment by April 12 in its second survey of 11.5 million units of professionally...
Lendlease to develop its first data centre in Japan
Lendlease will develop its first data centre in Japan under Lendlease Data Centre Partners (LLDCP).
The data centre development will be one of the largest...
KKR expands real estate credit strategy with $850m fund close
KKR has closed its KKR Opportunistic Real Estate Credit Fund II (ROX II), securing over $850 million in commitments.
The fund will focus on...
LaSalle raises $2.2bn for sixth Asia Pasific opportunistic fund
LaSalle Investment Management has raised over US$2.2 billion of equity for LaSalle Asia Opportunity VI (LAO VI) fund, including sidecars and co-investment programmes, exceeding...
Mapletree Logistics Trust to acquire warehouse in Brisbane, Australia
Singapore-based Mapletree Logistics Trust has entered into a conditional agreement with 115 Rudd St Pty Ltd to acquire a newly built freehold warehouse in...
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...
SL Green sells 625 Madison Avenue in New York for $633m
SL Green Realty, together with its partners, has agreed to sell the fee ownership interest in 625 Madison Avenue for $632.5 million, or $1,123 per square foot, to...
GoldenTree to buy £351m portfolio from Abrdn Property Income Trust
Abrdn Property Income Trust (API) has entered into an agreement with US investment giant GoldenTree Asset Management LP for the sale of its entire...
Macquarie increases stake in London City Airport to 75%
Macquarie Asset Management, through its Macquarie European Infrastructure Fund 7, has agreed to acquire an additional 50 per cent equity stake in London City...
CDL expands UK PRS portfolio with £88m central London acquisition
Singapore-listed real estate company City Developments Limited (CDL) has strengthened its presence in the UK's private rented sector (PRS) with the acquisition of Yardhouse,...
