Sunday, April 5, 2020

NORTH AMERICA

Marcus & Millichap acquires Dallas-based Metropolitan Capital Advisors

Marcus & Millichap, Inc.(NYSE: MMI), a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services announced...

AECOM provides business update amid the coronavirus pandemic

AECOM (NYSE:ACM), the world’s premier infrastructure firm, today shared an update on the multiple steps it has taken throughout the global coronavirus...

SoftBank Group announces end of WeWork tender offer because closing conditions not met

SoftBank Group Corp. (SoftBank) today announced that, in accordance with the terms of its October 2019 Master Transaction Agreement (MTA) with The...

U.S. office market faces uncertain times ahead, says Yardi Matrix

February was the last month of the record long economic recovery before U.S. office workers were largely asked to work from home,...

ICSC calls on state and municipal leaders to support America’s shopping center industry

As the COVID-19 crisis continues to threaten the viability of the shopping center industry as stores and restaurants close to help contain...

Hilton corporate response to COVID-19

The novel coronavirus (COVID-19) has created unprecedented challenges for our industry, our hotels and our Team Members. Hilton Worldwide Holdings Inc. (NYSE:...

UNITED KINGDOM

Office building in Cardiff sold for £13m

Delancey, UK-based real estate investment and advisory company, has acquired a Grade A office building in Cardiff for £13 million, reflecting a...

LGIM Real Assets sells Bracknell office property for £32.9m

LGIM Real Assets has sold Honeywell House, a Grade A office property in Bracknell town centre, to Runnymede Borough Council for £32.9...

intu seeks to access £330bn government support package

In light of the rapidly evolving COVID-19 situation, intu has made a statement on coronavirus impact. According to a...

Clearbell sells UK industrial portfolio to Blackstone for £120m

Clearbell Property Partners III LP (Clearbell), a fund managed by Clearbell Capital, has sold its industrial and logistics Cara portfolio in the...

Oxford Economics : Coronavirus inflicts a short, sharp recession on global economy

The coronavirus pandemic will inflict a deep recession on the world economy, and many major national economies, during the first half of...

Endurance Land secures pre-lease at London office building

Endurance Land has secured a pre-lease agreement for The Bailey, an office building located in 16 Old Bailey, Mid Town, London, adjacent...

EUROPE

MOST POPULAR

ASIA PACIFIC

EG sells retail centre on Goald Coast, Australia

EG, a real estate fund manager in Australia, has sold Circle on Cavill retail centre in Surfers Paradise on Goald Coast to...

ESR launches A$1bn Australian logistics partnership

APAC focused logistics real estate platform ESR Cayman Limited, listed on Hong Kong Stock Exchange, has launched ESR Australia Logistics Partnership (EALP),...

ARA acquires majority stake in Venn Partners

Singapore-listed ARA Asset Management Limited (ARA) has acquired a majority stake in Venn Partners, an investment manager in European real estate private...

SPH gives up on Canadian aged care assets acquisition

Singapore Press Holdings Limited (SPH) announced on 26 February 2020 that its whollyowned subsidiary, Times Properties Pte Ltd had entered into an...

Asia Pacific investors move into wait-and-see mode

As Q1 2020 is mired in disruptions to travel, supply chains and business activities due to the unpredictable nature of COVID-19, investors...

Mirvac tells employees to work remotely to prevent Covid-19 spread

Australian property group Mirvac has announced measures to prevent the spread of COVID-19 infection within its workforce and wider community.

CRE FINANCE

Top U.S commercial/multifamily mortgage originators in 2019

Mortgage Bankers Association (MBA) has released its latest Commercial Real Estate/Multifamily Finance Firms - Annual Origination Volumes report which tracks 140 different...

Marcus & Millichap acquires Dallas-based Metropolitan Capital Advisors

Marcus & Millichap, Inc.(NYSE: MMI), a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services announced...

Americold Realty Trust completes refinancing of unsecured credit facility

-Expands Capacity from USD $1.275 billion to USD $1.225 billion and CAD $250 million -Reduces cost of capital, extends...

ARA acquires majority stake in Venn Partners

Singapore-listed ARA Asset Management Limited (ARA) has acquired a majority stake in Venn Partners, an investment manager in European real estate private...

Kennedy Wilson renews $500m revolving credit facility

Global real estate investment company Kennedy Wilson(NYSE: KW) today announced that its wholly owned subsidiary Kennedy-Wilson, Inc. has extended its existing $500 million...

Broadmark Realty Capital announces launch of Broadmark Private REIT, LLC

Broadmark Realty Capital Inc. (NYSE: BRMK) announced the launch of Broadmark Private REIT, LLC. The goal of Broadmark Private REIT is to...

REIT

CAREERS

JLL names Jeff Eckert as new Head of U.S. Office Agency...

JLL has named Managing Director and industry veteran Jeff Eckert as the new Head of U.S. Office Agency Leasing, effective immediately. Jeff...

LATEST ARTICLES

Canada’s Avison Young completes acquisition of U.K.-based GVA

Canada based global commercial real estate services firm Avison Young has completed the acquisition of U.K.-based GVA, real estate advisory firm .

LaSalle signs office lease agreement with Memorial Sloan Kettering in Manhattan

LaSalle Investment Management and William Macklowe Company have signed a long-term office lease agreement with Memorial Sloan Kettering for a new six-story...

Canada’s Ivanhoé Cambridge and Oxford Properties jointly to invest in IDI Logistics

Canada's Ivanhoé Cambridge and Oxford Properties announced that they have signed a 50-50 joint venture partnership agreement to invest in recently acquired...

Vornado completes $167.5 million refinancing of Manhattan office building

Vornado Realty Trust has completed a $167.5 million refinancing of 61 Ninth Avenue, released in a statement. The 170,000 square foot newly...

Brookfield closes US$15 billion global real estate fund

Brookfield Asset Management Inc. announced the closing of its latest flagship global private real estate fund, Brookfield Strategic Real Estate Partners III...

AXA IM-Real Assets to commence Bristol city centre office development

AXA Investment Managers - Real Assets, with development manager Bell Hammer, announced that it will commence construction of the initial phase of...

Benson Elliot and GCI launch office redevelopment in Paris

London-based Benson Elliot and Générale Continentale Investissements (GCI) announced the start of the office redevelopment project in the heart of La Défense...

Ascendas Reit and Grab to build new headquarters in Singapore

Ascendas Real Estate Investment Trust (Ascendas Reit), and Grab, the leading O2O mobile platform in Southeast Asia, announced that they will construct...

China’s commercial real estate investment hits record high

Cushman & Wakefield has released its latest Greater China Capital Markets Express report. According to the report, commercial real estate (CRE) investment...

Marrickville Metro Shopping Centre development commences in Sydney

AMP Capital announced that Marrickville Metro Shopping Centre’s construction has begun this month.The $142 million development which AMP Capital is managing on...