Burstone sells majority stake in European logisitcs platform to Blackstone
Burstone Group announced that funds managed by affiliates of Blackstone will acquire an 80% stake in the Group's Pan-European Logistics (PEL) platform valued at...
VEREIT, Ocean West acquire industrial property in Dallas for $247m
VEREIT, Inc. and Ocean West have acquired a 2.3 million square foot, twenty-year leased distribution and warehouse facility in Dallas, Texas for $246.7 million....
AXA IM-Real Assets buys development site in Sapporo, Japan
AXA Investment Managers - Real Assets (“AXA IM - Real Assets”) has agreed to acquire a 6,691 sqm / 1.65 acre development site in...
Grade-A office property in Perth sold for A$79M
EG, Sydney-based real estate fund manager with over A$2.4 billion assets under management, has acquired 2 Mill Street, a Grade-A office property in Perth for...
Singapore’s office rental growth moderate in Q2 2019
Office rental growth in Singapore moderated in Q2 2019 on the back of lower net absorption and occupancy levels, according to Knight Frank Singapore...
Cushman & Wakefield appoints chief diversity, equity and inclusion officer
Cushman & Wakefield has appointed Nadine Augusta as Chief Diversity, Equity & Inclusion Officer (CDEIO), effective today.
In this role, Augusta will further develop Cushman & Wakefield’s...
Canadian REIT divests remaining interest in IRES
Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) has sold its remaining equity interest in Irish Residential Properties REIT (IRES).
During the first quarter...
ServiceTitan signs lease for office space in Glendale CA
ServiceTitan, the software company for the residential service business, has leased 125,000 square feet of office space at 800 N. Brand, a LEED® Gold...
PGIM’s real estate businesses complete over $35bn in transactions worldwide in 2019
The real estate businesses of PGIM completed over $35 billion in transactions worldwide in 2019. The volume represents a total of 954 transactions and...
Lendlease, Google end development agreements for $15bn Bay Area project
Lendlease and Google have mutually reached an agreement to end the development services agreements of the four master-planned districts in San Jose (Downtown West),...
Data centre construction costs climb as AI demand outpaces capacity
Global data centre construction is shifting towards larger-scale projects in 2026 as demand for AI computing power outpaces the availability of powered land and...
Q&A: Penny Blue Capital on the outlook for European real estate debt
Following Penny Blue Capital’s recent transition to an independent, management-owned platform, CRE Herald spoke with Chief Investment Officer Paul House about the changing dynamics...
