Wednesday, July 8, 2020

NORTH AMERICA

Colony Capital forms $3.5bn strategic partnership with Vantage Data Centers

Vantage Data Centers, a global provider of hyperscale data center campuses, and an investor group led by Colony Capital, Inc. have entered...

LPC West and Cerberus acquire nearly 30-acre site in Oceanside; plans call for development of state-of-the-art industrial campus

LPC West, the West Coast arm of national real estate firm Lincoln Property Company, together with an affiliate of Cerberus Capital Management,...

CIM Group tops out construction of Class A office building in Boston

A partnership between CIM Group and Nordblom Company has topped out the construction of a 235,000-square-foot Class A office building at 321...

Columbia, WeWork terminate lease at 149 Madison Avenue in Manhattan

Columbia Property Trust and WeWork have released a joint statement on Thursday regarding termination of WeWork’s lease at 149 Madison Avenue in...

Commercial/multifamily mortgage debt in U.S rises to $3.72 trillion

The level of commercial/multifamily mortgage debt outstanding rose by $61.0 billion (1.7 percent) in the first quarter of 2020, according to the...

Taubman Centers opens all properties in U.S. and Asia

Taubman Centers, Inc. announced that it has opened 100 percent of its shopping centers in the U.S. and Asia. The company said...

UNITED KINGDOM

Hillview launches UK commercial real estate fund

UK regional office investor Hillview Real Estate has launched its third UK commercial real estate fund, Hillview Partners Property Fund III, with...

Hines Glob­al buys UK logistics asset for £20.6m

Hines Glob­al Income Trust, Inc. (Hines Glob­al), a public, non-listed real estate investment trust sponsored by Hines, has acquired a UK logistics...

Supermarket Income REIT buys Waitrose portfolio for £74.1m

Supermarket Income REIT plc has acquired a portfolio of supermarkets via a sale and leaseback transaction with Waitrose & Partners (Waitrose) for £74.1 million (excluding acquisition costs),...

CBRE UK : Increased investment in online capabilities expected in the retail sector

Investment in online capabilities and delivery apps across the retail sector is expected to increase further, according to the latest research from...

Legal & General buys urban logistics scheme for £23m

LGIM Real Assets (Legal & General), on behalf of its Managed Property Fund (Fund), has acquired a 139,288 sq ft urban logistics...

BauMont buys two buildings at Thames Valley Park from Microsoft

BauMont Real Estate Capital, a real estate private equity investment firm, has agreed to acquire two office buildings, Buildings 4 and 5, at...

EUROPE

MOST POPULAR

ASIA PACIFIC

Dexus Australian Logistics Trust buys two industrial properties for $173.5m

Dexus Australian Logistics Trust, in which Dexus holds a 51% interest, has agreed to acquire two industrial properties, 37-39 Wentworth Street, Greenacre...

Frasers Centrepoint Trust to buy additional 12% interest in AsiaRetail Fund

Singapore listed Frasers Centrepoint Trust (FCT), a retail real estate investment trust (REIT), said it will acquire additional 12% interest in AsiaRetail...

ESR, Manulife JV buys logistics real estate portfolio in China

A joint venture between ESR and Manulife has acquired four institutional-grade logistics properties from Redwood China Logistics Fund (RCLF) for approximately RMB1.7...

Singapore’s Ascendas REIT to acquire logistics property in Sydney for A$23.5m

Singapore’s listed business space and industrial real estate investment trust, Ascendas Real Estate Investment Trust (Ascendas Reit) said it has agreed to...

Digital Realty announces second data centre in Hong Kong

Digital Realty announced the development of a new, carrier-neutral data centre in a purpose-built facility in Hong Kong, to be named Digital...

Amazon Australia to open robotics fulfilment centre in Western Sydney

Amazon Australia said it plans to open its first Amazon Robotics fulfilment centre (FC) at Goodman’s Oakdale West Industrial Estate in Western...

CRE FINANCE

Commercial/multifamily mortgage debt in U.S rises to $3.72 trillion

The level of commercial/multifamily mortgage debt outstanding rose by $61.0 billion (1.7 percent) in the first quarter of 2020, according to the...

Walker & Dunlop acquires real estate advisory firm in New York City

Commercial real estate finance company Walker & Dunlop, Inc. has acquired Beler Advisory Group, an independent real estate advisory firm based in New...

JLL appoints Karen Brennan as new CFO

Jones Lang LaSalle Incorporated (JLL) has appointed Karen Brennan as Chief Financial Officer, effective July 15. Brennan, currently the Chief Executive Officer...

Cushman&Wakefield arranges $57m acquisition financing for Brooklyn multifamily property

Cushman & Wakefield announced that the real estate services firm served as the exclusive the adviser in the procurement of $57,000,000 in acquisition...

ICSC applauds congressional letter to Treasury and Federal Reserve requesting assistance for CMBS borrowers

As the COVID-19 crisis continues to threaten the viability of the shopping center industry due to the closure of stores and restaurants,...

SL Green closes $510 million mortgage on 220 East 42nd Street

SL Green Realty Corp (NYSE: SLG), Manhattan’s largest office landlord, today announced that it has closed on a new $510.0 million mortgage...

REIT

CAREERS

LATEST ARTICLES

ESR, Manulife JV buys logistics real estate portfolio in China

A joint venture between ESR and Manulife has acquired four institutional-grade logistics properties from Redwood China Logistics Fund (RCLF) for approximately RMB1.7...

Singapore’s Ascendas REIT to acquire logistics property in Sydney for A$23.5m

Singapore’s listed business space and industrial real estate investment trust, Ascendas Real Estate Investment Trust (Ascendas Reit) said it has agreed to...

Digital Realty announces second data centre in Hong Kong

Digital Realty announced the development of a new, carrier-neutral data centre in a purpose-built facility in Hong Kong, to be named Digital...

AXA IM – Real Assets buys Dutch logistics portfolio for €72m

AXA Investment Managers - Real Assets (AXA IM - Real Assets) has acquired, on behalf of clients, a c. 65,300 sqm core logistics...

Columbia, WeWork terminate lease at 149 Madison Avenue in Manhattan

Columbia Property Trust and WeWork have released a joint statement on Thursday regarding termination of WeWork’s lease at 149 Madison Avenue in...

Amazon Australia to open robotics fulfilment centre in Western Sydney

Amazon Australia said it plans to open its first Amazon Robotics fulfilment centre (FC) at Goodman’s Oakdale West Industrial Estate in Western...

Primewest buys two shopping centres from Charter Hall

ASX listed Primewest (PWG), a property fund manager with over A$4.5 billion of assets under management across all mainland states of Australia...

Commercial/multifamily mortgage debt in U.S rises to $3.72 trillion

The level of commercial/multifamily mortgage debt outstanding rose by $61.0 billion (1.7 percent) in the first quarter of 2020, according to the...

Hines to enter Bangalore office market

Global real estate firm Hines announced that it has partnered with DNR Group, a local real estate development group, to enter the...

Taubman Centers opens all properties in U.S. and Asia

Taubman Centers, Inc. announced that it has opened 100 percent of its shopping centers in the U.S. and Asia. The company said...