NORTH AMERICA

Harbor Group International invests $309m in Southeast multifamily portfolio

Harbor Group International(HGI), a privately-owned international real estate investment firm, has acquired a portfolio of eight multifamily communities in the U.S. Southeast for $309 million....

JLL Income Property Trust buys distribution center in Phoenix for $91m

JLL Income Property Trust has acquired Southeast Phoenix Distribution Center, a four-building, Class A distribution center totaling 474,000 square feet located in the Chandler...

Elion Partners acquires last-mile industrial asset in New Jersey for $29.7m

Elion Partners has acquired a 207,000-square-foot last-mile industrial asset located at 1000 Jefferson Avenue in Elizabeth, New Jersey, two miles from the Newark Liberty...

Vector Group launches proptech investment venture

Douglas Elliman parent company Vector Group has launched a property technology investment venture, New Valley Ventures, to invest in PropTech startups. In connection with the...

CoStar revises proposal to acquire CoreLogic

Commercial real estate data and marketing services company CoStar Group Inc. has submitted a revised proposal to acquire CoreLogic. Under the terms of the new...

SoftBank announces settlement with WeWork co-founder Adam Neumann

SoftBank Group Corp. said on Friday it has entered into a settlement agreement with WeWork special committee (formerly referred to as The We Company)...

UNITED KINGDOM

JLL acquires real estate debt advisory firm Capra

JLL has acquired UK-based real estate advisor Capra Global Partners (Capra) to grow its debt advisory and corporate finance business across EMEA. Capra, a European...

Starwood provides £1.8bn loan for Blackstone’s UK holiday company buy

Starwood Capital Group has originated a £1.8bn term loan as mandated lead arrangers to Blackstone Capital Partners and Blackstone Real Estate Partners for the...

Henderson Park agrees to sell Deloitte London office for £255m

European real estate investment platform Henderson Park has agreed to sell Athene Place at 66 Shoe Lane in the City of London to a...

AEW appoints Tracy Jones as head of fund operations & debt finance in London

Global real estate investment manager AEW has appointed Tracy Jones as head of fund operations and debt finance for AEW's European funds and mandates managed from...

UKCM sells Sheffield office property for £17m

Aberdeen Standard Investments manged UK Commercial Property REIT Limited (UKCM) has sold Hartshead House, a single-let office property in Sheffield, to Arella Property Holding...

Bruntwood SciTech acquires science park in Cambridge for £46.2m

Bruntwood SciTech, the 50:50 joint venture between Bruntwood and Legal & General, has acquired a long leasehold over Melbourn Science Park in Cambridge from...

EUROPE

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ASIA PACIFIC

BlackRock closes Asia property fund at $1.17bn

BlackRock Real Assets has closed its Asia Property Fund V (AFV), a value-add strategy that invests in real estate assets across Asia Pacific, at...

Kerry Properties, GIC buy development site in Pudong, Shanghai

A joint venture between Hong Kong-listed property investment and development company Kerry Properties and Singapore's GIC Real Estate has won a land bid to...

Ares to acquire AMP Capital’s private markets businesses

AMP and Ares Management Corporation have entered into a non-binding agreement to form a joint venture for AMP Capital’s Private Markets businesses including infrastructure...

Top destinations for Asian outbound real estate investment in 2020

Singapore topped Asian outbound real estate investment for the third consecutive year, accounting for US$12.1 billion worth of deals in 2020 – albeit reflecting...

Link REIT buys 50% interest in Shanghai shopping mall for $429m

Hong Kong-listed Link Real Estate Investment Trust (Link REIT) announced Wednesday that it has agreed to acquire 50% interest in Qibao Vanke Plaza, a...

IKEA’s shopping malls arm Ingka Centres enters Indian market

Swedish home furnishings retailer IKEA’s shopping malls business Ingka Centres has entered the Indian market by acquiring a major land in Uttar Pradesh, India. The 47,833...

REIT

JLL Income Property Trust buys distribution center in Phoenix for $91m

JLL Income Property Trust has acquired Southeast Phoenix Distribution Center, a four-building, Class A distribution center totaling 474,000 square feet located in the Chandler...

UKCM sells Sheffield office property for £17m

Aberdeen Standard Investments manged UK Commercial Property REIT Limited (UKCM) has sold Hartshead House, a single-let office property in Sheffield, to Arella Property Holding...

Target Healthcare REIT announces £60m equity raise

UK-listed Target Healthcare REIT has raised gross proceeds of £60 million through an oversubscribed issue of 54,054,054 new shares by way of initial issue. ''After...

JLL Income Property Trust buys life sciences building in New Jersey for $47m

JLL Income Property Trust has purchased 170 Park Avenue, a 147,000-square-foot, purpose-built life sciences building in Florham Park, New Jersey for $47 million. The property...

Link REIT buys 50% interest in Shanghai shopping mall for $429m

Hong Kong-listed Link Real Estate Investment Trust (Link REIT) announced Wednesday that it has agreed to acquire 50% interest in Qibao Vanke Plaza, a...

Hines Global buys second asset in Santa Clara

Hines Global Income Trust, Inc. has acquired a single-tenant office, research and development building at 5301 Patrick Henry Drive in Santa Clara, California. This one-story,...

CRE FINANCE

JLL acquires real estate debt advisory firm Capra

JLL has acquired UK-based real estate advisor Capra Global Partners (Capra) to grow its debt advisory and corporate finance business across EMEA. Capra, a European...

CAREERS

AEW appoints Tracy Jones as head of fund operations & debt...

Global real estate investment manager AEW has appointed Tracy Jones as head of fund operations and debt finance for AEW's European funds and mandates managed from...

LATEST ARTICLES

Icade to sell two office buildings in Paris for €320m

France-based office and healthcare property investment company Icade has agreed to sell two office buildings in Paris for a total of more than €320...

Target Healthcare REIT announces £60m equity raise

UK-listed Target Healthcare REIT has raised gross proceeds of £60 million through an oversubscribed issue of 54,054,054 new shares by way of initial issue. ''After...

Tricon sells 80% interest in $1.3bn US multifamily portfolio

Tricon Residential Inc. is selling 80% interest in its wholly-owned portfolio of 23 U.S. multifamily apartments to two institutional investors in a transaction which...

BentallGreenOak to acquire Metropolitan Real Estate from Carlyle

BentallGreenOak has signed an agreement to acquire Metropolitan Real Estate Equity, LLC (Metropolitan) from global investment firm The Carlyle Group Inc. Metropolitan Real Estate...

Palm Capital signs two lettings at Abbey Gardens, Reading

Pan-European real estate private equity Palm Capital has signed two new lettings totalling c. 5,200 sq ft at Abbey Gardens, a newly refurbished c....

Curlew Capital gets approval for PBSA development in Stratford, London

UK-based alternative real estate investment business Curlew Capital has has received planning approval for a 282-room purpose built student accommodation (PBSA) development in Stratford, East London....

AEW launches urban logistics platform with €475m of initial equity

AEW has launched a new urban logistics and light industrial platform (ULLIS) with €475 million of start-up equity. AEW said the platform is structured as...

Top destinations for Asian outbound real estate investment in 2020

Singapore topped Asian outbound real estate investment for the third consecutive year, accounting for US$12.1 billion worth of deals in 2020 – albeit reflecting...

Gap to build new distribution center in Longview, Texas

Gap Inc. announced Wednesday that it will invest $140 million to build a new distribution center in Longview, Texas to reach its future plans...

JLL Income Property Trust buys life sciences building in New Jersey for $47m

JLL Income Property Trust has purchased 170 Park Avenue, a 147,000-square-foot, purpose-built life sciences building in Florham Park, New Jersey for $47 million. The property...