Tuesday, October 20, 2020

NORTH AMERICA

AECOM to relocate its global headquarters in Los Angeles

AECOM (NYSE:ACM), the world’s premier infrastructure consulting firm, today announced it will relocate its global headquarters from the Century City business district...

Pretium, Ares Management to acquire Front Yard in $2.4bn deal

A partnership led by Pretium and including funds managed by the Real Estate Equity and Alternative Credit strategies of Ares Management Corporation,...

HBC unveils HBC Properties and Investments

HBC has unveiled HBC Properties and Investments (HBCPI), a dedicated real estate and investments business to manage, maximize and enhance the company’s...

Marcus & Millichap to acquire Mission Capital

Marcus & Millichap (MMI) has entered into a definitive agreement to acquire Mission Capital, a real estate capital markets solutions firm with...

Retail sales growth speeds up as September marks fourth month of gains

A strong rebound in apparel led a continuing V-shaped recovery from the pandemic as retail sales accelerated their rate of growth in...

Amazon to open two new fulfillment centers in Kansas

Amazon.com, Inc. said today it plans to open two new fulfillment centers in Kansas. The new fulfillment centers are anticipated to launch in...

UNITED KINGDOM

SFO acquires commercial property in Mayfair, London

London-based global real estate investor and manager SFO has acquired a rare freehold interest for the redevelopment of a prime office building...

CBRE hires Ben Almond for Corporate Capital Markets

Global real estate advisor CBRE has appointed Ben Almond as an Executive Director in its Corporate Capital Markets team, led by Colin...

L&G announces £200m funding of Oxford University innovation centre

Legal & General(L&G) has announced the £200m funding of Oxford University innovation centre for Life and Mind sciences. Legal...

McKay collects 70% of September quarter rents

UK REIT McKay Securities Plc (McKay) said it has collected 70% of total September quarter rents, increasing to 87% on receipt of...

Investec provides £36m loan for BTR development in Woolwich, London

Investec's Structured Property Finance team (Investec) has agreed to provide Comer Homes, the UK residential property developer, with a £36 million, five-year senior...

ARA Venn awarded £3bn Affordable Housing Guarantee Scheme in UK

Singapore-based global asset manager ARA Asset Management Limited (ARA) said on Sunday that its subsidiary, ARA Venn, an investment manager in European...

EUROPE

MOST POPULAR

ASIA PACIFIC

Dexus, HWPF acquire healthcare property in Adelaide for A$446.2m

Dexus and its Healthcare Wholesale Property Fund (HWPF) have agreed to acquire a healthcare property, the Australian Bragg Centre, in Adelaide from...

ESR Australia buys redevelopment site in Acacia Ridge, Queensland

ESR Australia Development Partnership (EADP) has acquired an 18 ha infill redevelopment site at 1502 Beaudesert Road in Acacia Ridge, Queensland.

Alibaba to invest $3.6bn in Chinese supermarket chain Sun Art

Alibaba Group Holding Limited will invest USD3.6 billion to acquire a controlling stake in Sun Art Retail Group Limited, a hypermarket...

India’s Prestige Group signs deal with Blackstone to sell commercial properties

Prestige Group, a property development company in South India, said on Saturday that it has signed term sheets with Blackstone, a global...

GLP forms joint venture to invest in Vietnam logistics real estate

SEA Logistic Partners (SLP) and GLP have formed a new joint venture to invest in and develop modern logistics real estate in...

Colliers appoints former CBRE vice chairman as managing director for Japan

Colliers International has appointed Yukihiro Ogasawara as Managing Director & Chairman for Japan business. Yukihiro Ogasawara joined Colliers...

CRE FINANCE

Marcus & Millichap to acquire Mission Capital

Marcus & Millichap (MMI) has entered into a definitive agreement to acquire Mission Capital, a real estate capital markets solutions firm with...

L&G announces £200m funding of Oxford University innovation centre

Legal & General(L&G) has announced the £200m funding of Oxford University innovation centre for Life and Mind sciences. Legal...

Investec provides £36m loan for BTR development in Woolwich, London

Investec's Structured Property Finance team (Investec) has agreed to provide Comer Homes, the UK residential property developer, with a £36 million, five-year senior...

ARA Venn awarded £3bn Affordable Housing Guarantee Scheme in UK

Singapore-based global asset manager ARA Asset Management Limited (ARA) said on Sunday that its subsidiary, ARA Venn, an investment manager in European...

Greystone closes $289m loan to refinance Midtown Manhattan multifamily

Greystone has closed a $289.3 million, 10-year fixed Freddie Mac loan for BLDG Management Company, Inc.(BLDG) to refinance the Summit, a multifamily...

M&G provides £353m loan for London real estate assets

M&G Real Estate Finance team has provided a £353 million, five-year loan to refinance two assets in London that are jointly owned...

REIT

CAREERS

CBRE hires Ben Almond for Corporate Capital Markets

Global real estate advisor CBRE has appointed Ben Almond as an Executive Director in its Corporate Capital Markets team, led by Colin...

LATEST ARTICLES

Sotheby’s International records highest annual sales in its history

Sotheby's International Realty Affiliates LLC announced that its global real estate sales volume has exceeded $112 billion in 2018 with its affiliated...

Hines buys Allianz Karlshoehe office portfolio in Stuttgart CBD

Hines has acquired the Karlshoehe office portfolio for more than €300 million on behalf of its Hines European Value Fund (HEVF) in...

UC Davis breaks ground on new student housing development

The University of California, Davis, announced that it has broken ground on the new campus apartment project, The Green at West Village....

M&S confirms discussions with Ocado Group, says no certainty in agreement

Marks and Spencer Group released a new statement about media speculations that includes signing a £900m deal with Ocado Group.

AXA IM-Real Assets buys Australian hotel portfolio

AXA Investment Managers - Real Assets has acquired 831 room Australian hotel portfolio for A$330.4 million. The acquisition is...

UK commercial real estate investment volumes reach £62.1bn in 2018

UK commercial real estate investment volumes reached £62.1bn in 2018 and decreased by 5.7 percent year on year ,according to a...

Felix Jethon promoted to Head of Fund Management Germany in Cording

Cording Real Estate Group (Cording) has promoted Felix Jethon, 36, to Head of Fund Management Germany. In this newly...

CapitaLand completes the final skyscraper of Raffles City Chongqing

CapitaLand announced the completion of the eighth and final skyscraper of Raffles City Chongqing.The company plans to open the highly anticipated 1.12-million-square-metre...

Hyatt and BTG Hotels to create new hospitality brand

Hyatt Hotels Corporation and BTG Hotels Co. have entered a strategic joint venture to create a new hospitality brand to expand across...

Miami’s historic iconic hotel sold to joint venture

A joint venture between Deutsche Finance America, Bilgili Holding and SHVO has purchased the historic Raleigh Hotel property in Miami for...