Thursday, April 9, 2020

NORTH AMERICA

Domain Capital Advisors, Simpson Housing LLLP form joint venture with PFA Pension

-PFA Pension Acquires 49% equity interest in 13-asset, Class A multifamily portfolio valued at more than $1 billion Domain...

WeWork special committee files lawsuit challenging SoftBank’s decision to terminate tender offer

The special committee of the board of directors of The We Company, a parent organization of WeWork, announced that it has filed...

Walker & Dunlop provides $340m acquisition financing for Cortland

Walker & Dunlop, Inc. has provided $340 million in financing for Cortland's landmark acquisition of PURE Multi-Family REIT. The $1.2 billion transaction comprised...

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...

UNITED KINGDOM

Orchard Street sells logistics asset in West Yorkshire for £13m

Commercial property investment firm Orchard Street Investment Management (Orchard Street) has sold NHS logistics unit operated by Unipart in Normanton, West Yorkshire,...

Urban Logistics announces £56.1m acquisition of assets in UK

UK-based industrial and logistics REIT Urban Logistics (AIM: SHED) has acquired nine logistics properties and development site for £56.1 million, following its...

Activity in Dublin industrial & logistics sector increases in Q1 due to Covid-19

Activity in the Dublin industrial & logistics sector has increased in recent weeks as a result of the Covid-19 crisis, according to...

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...

EUROPE

MOST POPULAR

ASIA PACIFIC

Macquarie acquires majority stake in Australian data centre firm

A consortium led by Macquarie Asia Infrastructure Fund 2 (MAIF2), a Macquarie Infrastructure and Real Assets (MIRA)-managed infrastructure fund, has acquired an...

Dexus, GIC form JV to acquire interest in Rialto Towers Melbourne

Australia’s real estate group Dexus and Singapore’s sovereign wealth fund GIC have formed a joint venture(JV) to acquire a 50% interest in Rialto Towers,...

Mapletree announces $1.8bn equity raise for its pan US-European logistics fund

Singapore-based Mapletree Investments Pte Ltd (Mapletree) announced that it has raised US$1.8 billion (app.S$2.6 billion) in equity for MUSEL Private Trust, its...

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...

CRE FINANCE

PPHE Hotel Group secures £180m for London hotel development

PPHE Hotel Group has entered into a syndicated facility agreement arranged by Bank Hapoalim B.M. for a facility of up to £180 million...

Walker & Dunlop provides $340m acquisition financing for Cortland

Walker & Dunlop, Inc. has provided $340 million in financing for Cortland's landmark acquisition of PURE Multi-Family REIT. The $1.2 billion transaction comprised...

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...

REIT

CDL, Tikehau increase their stakes in IREIT Global

IREIT Global (IREIT), a Europe-focused real estate investment trust managed by IREIT Global Group Pte. Ltd., announced that Tikehau Capital and City...

CAREERS

BNP Paribas Real Estate announces appointments for UK business

BNP Paribas Real Estate has appointed Etienne Prongué as UK Chief Executive Officer effective 1st July. The company said Andy Martin takes...

LATEST ARTICLES

Walker & Dunlop provides $340m acquisition financing for Cortland

Walker & Dunlop, Inc. has provided $340 million in financing for Cortland's landmark acquisition of PURE Multi-Family REIT. The $1.2 billion transaction comprised...

Cousins Properties completes sale of office tower in Charlotte

Cousins Properties, a self-administered and self-managed real estate investment trust (REIT), has completed the sale of Hearst Tower, its 966,000 square foot...

Activity in Dublin industrial & logistics sector increases in Q1 due to Covid-19

Activity in the Dublin industrial & logistics sector has increased in recent weeks as a result of the Covid-19 crisis, according to...

BNP Paribas Real Estate announces appointments for UK business

BNP Paribas Real Estate has appointed Etienne Prongué as UK Chief Executive Officer effective 1st July. The company said Andy Martin takes...

Mapletree announces $1.8bn equity raise for its pan US-European logistics fund

Singapore-based Mapletree Investments Pte Ltd (Mapletree) announced that it has raised US$1.8 billion (app.S$2.6 billion) in equity for MUSEL Private Trust, its...

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...

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...

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...