Tuesday, September 29, 2020

NORTH AMERICA

Hines breaks ground on multifamily property in Oklahoma City

Hines and its partner Humphreys Capital have broken ground on the construction of a multifamily property project at Classen Curve in the...

Colony Capital announces the sale of hospitality portfolios

Colony Generates Significant Strategic and Financial Benefits on Exit From Hospitality Business Sale Represents Key Milestone in Colony Capital’s...

Preferred Apartment to sell student housing portfolio to TPG for $478m

Preferred Apartment Communities, Inc. announced that it has entered into a purchase and sale agreement to sell its student housing portfolio to...

Cushman & Wakefield releases 2020 Global Office Impact Study

Study predicts office sector recovery to be slow, but full recovery expected despite work-from-home trend Cushman & Wakefield (NYSE:...

Blackstone announces $8bn final close for latest real estate debt fund

Blackstone announced the final close of its most recent real estate debt fund, Blackstone Real Estate Debt Strategies IV (BREDS IV). BREDS...

Paul McDonnell to step down from United Rentals

United Rentals, Inc. (NYSE:URI) today announced that Paul McDonnell, chief commercial officer, will leave the company on September 30, 2020. Mr. McDonnell...

UNITED KINGDOM

Apex announces appointment for its real estate business

Global financial services provider Apex Group Ltd. (Apex) has appointed Barry Hindmarch as Head of Real Estate, UK & Ireland and Channel...

Aldi to open 100 new stores across UK with £1.3bn investment plan

Supermarket giant Aldi, Britain’s fifth largest supermarket with 894 stores and more than 36,000 employees, announced it plans to invest £1.3 billion over...

Singapore PE real estate firm buys four commercial properties in UK for £70m

Singapore-based private equity real estate firm Elite Partners Capital (Elite Partners) has acquired four commercial properties in the United Kingdom for £70.0...

Hines fund buys 7 Soho Square in central London for £78m from Landsec

Landsec has agreed to sell 7 Soho Square, a mixed-use retail and office property in central London to the Hines Pan-European Core...

Aviva Investors provides £38.5m refinancing for commercial property portfolio

Aviva Investors has provided a £38.5 million refinancing facility, a five-year interest-only loan at a fixed rate on behalf of external client...

UK CRE investment volumes reach only £23bn year to date, says Colliers

UK commercial real estate (CRE) investment volumes reached £1.1 billion in August, bringing the year-to-date total to £23 billion, according to new research from Colliers International....

EUROPE

CapMan Real Estate closes its third Nordic fund at €313 million

Nordic private assets management and investment company CapMan Real Estate has closed CapMan Nordic Real Estate III fund (the Fund) with €313...

MOST POPULAR

ASIA PACIFIC

Singapore’s GIC increases its stake in Australian logistics partnership

GIC, Singapore’s sovereign wealth fund, has increased its stake from 45% to 80% in ESR Australia Logistics Partnership (EALP). ESR Australia will...

Mapletree Group buys commercial office asset in Seoul for S$528.4m

Mapletree Investments Pte Ltd (MIPL) and Mapletree North Asia Commercial Trust (MNACT) have jointly agreed to acquire The Pinnacle Gangnam, an office...

GLP forms JV to expand new energy initiatives in commercial properties

Global investment manager GLP has signed an agreement with Chinese Contemporary Amperex Technology Ltd. (CATL), a battery provider and the largest maker...

WeWork announces $200 million investment in WeWork China led by Trustbridge Partners

Michael Jiang, Operating Partner of Trustbridge Partners, appointed Acting CEO, WeWork China WeWork, the world's leading flexible space provider,...

Keppel Capital raises over half of target commitments for US$500m fund

Keppel Capital Holdings Pte. Ltd. (Keppel Capital), through its wholly-owned subsidiary, Keppel Capital Alternative Asset Pte. Ltd. (Keppel Capital Alternative Asset), has...

IWG signs first Australian franchise deal to open 10 new coworking spaces

Flexible workspace provider IWG has signed its first Australian franchise deal with Adams Group, the Queensland convenience store and service station operator.

CRE FINANCE

Aviva Investors provides £38.5m refinancing for commercial property portfolio

Aviva Investors has provided a £38.5 million refinancing facility, a five-year interest-only loan at a fixed rate on behalf of external client...

Blackstone announces $8bn final close for latest real estate debt fund

Blackstone announced the final close of its most recent real estate debt fund, Blackstone Real Estate Debt Strategies IV (BREDS IV). BREDS...

Allianz provides £400m financing for London office portfolio

Allianz Real Estate has provided £400 million (€440 million) long-term financing for the portfolio of five prime freehold central London offices. This...

SL Green completes $600 million refinancing of construction facility at 410 Tenth Avenue

SL Green Realty Corp (NYSE: SLG), Manhattan’s largest office landlord, today announced that it has closed on a new $600.0 million construction...

Cushman & Wakefield arranges $190M refinancing for International Plaza I & II in Dallas

Cushman & Wakefield (NYSE: CWK) recently announced that the real estate services firm served as the exclusive advisor to Taconic Capital Advisors...

CIM Group provides $190 million mortgage loan secured by Class A office complex in Dallas

$385 Million of Commercial Real Estate Loans Closed Since On-Set of COVID-19 Pandemic CIM Group, a community-focused real estate...

REIT

CAREERS

Apex announces appointment for its real estate business

Global financial services provider Apex Group Ltd. (Apex) has appointed Barry Hindmarch as Head of Real Estate, UK & Ireland and Channel...

LATEST ARTICLES

Colony Capital announces the sale of hospitality portfolios

Colony Generates Significant Strategic and Financial Benefits on Exit From Hospitality Business Sale Represents Key Milestone in Colony Capital’s...

Preferred Apartment to sell student housing portfolio to TPG for $478m

Preferred Apartment Communities, Inc. announced that it has entered into a purchase and sale agreement to sell its student housing portfolio to...

SEGRO to develop underground logistics centre in Paris

UK Real Estate Investment Trust (REIT) SEGRO and Icade, one of France’s leading commercial developers, have signed preliminary agreements to acquire land...

Tristan fund buys office portfolio in Germany

Curzon Capital Partners 5 LL (CCP 5 LL), the perpetual core plus fund advised by pan-European investment manager Tristan Capital Partners, has...

Catella acquires student housing complex in Maastricht

Catella Real Estate AG (CREAG) has acquired The Bassin, a student housing complex in Maastricht, built on the initiative of Mulleners Vastgoed, for its...

Singapore PE real estate firm buys four commercial properties in UK for £70m

Singapore-based private equity real estate firm Elite Partners Capital (Elite Partners) has acquired four commercial properties in the United Kingdom for £70.0...

WeWork announces $200 million investment in WeWork China led by Trustbridge Partners

Michael Jiang, Operating Partner of Trustbridge Partners, appointed Acting CEO, WeWork China WeWork, the world's leading flexible space provider,...

Cushman & Wakefield releases 2020 Global Office Impact Study

Study predicts office sector recovery to be slow, but full recovery expected despite work-from-home trend Cushman & Wakefield (NYSE:...

Hines fund buys 7 Soho Square in central London for £78m from Landsec

Landsec has agreed to sell 7 Soho Square, a mixed-use retail and office property in central London to the Hines Pan-European Core...

Aviva Investors provides £38.5m refinancing for commercial property portfolio

Aviva Investors has provided a £38.5 million refinancing facility, a five-year interest-only loan at a fixed rate on behalf of external client...