Friday, October 22, 2021

NORTH AMERICA

US commercial property price growth accelerates further in September

U.S commercial property price growth accelerated further in September, according to the latest Real Capital Analytics (RCA) CPPI (Commercial Property Price Indices) report. The RCA CPPI...

WeWork completes SPAC merger to become publicly traded company

WeWork Inc. has completed its business combination with BowX Acquisition Corp., a special purpose acquisition company(SPAC), to become a publicly traded flexible space provider....

UNITED KINGDOM

Hines buys site in Central London, plans £1bn mixed-use project

Hines has completed the off-market acquisition of 18 Blackfriars Road, a 1.8-acre development site in a prime Central London location. The currently vacant site, which...

LondonMetric pays £20.2m for last mile logistics assets in London

LondonMetric Property Plc has paid £20.2 million for two last mile logistics assets totaling 44,000 sq ft in Fulham and Tottenham. The assets have been...

EUROPE

KanAm buys new office building in Barcelona

KanAm Grund Group has acquired a company that owns a newly completed office building in Barcelona for one of its specialized real estate funds...

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ASIA PACIFIC

China GDP slowdown unlikely to weigh on CRE investment demand: CBRE

Despite GDP growth slowing to 4.9%  y-o-y in Q3 2021, China’s commercial real estate (CRE) market continues to see a robust cyclical recovery, according...

ESR raises US$750m in initial closing for ESR Japan fund

ESR Cayman Limited Thursday announced the initial closing of ESR Japan Income Fund (JIF) endowed with US$750 million of equity commitments. The newly-launched fund is...

REIT

Blackstone completes acquisition of WPT Industrial REIT for US$3.2bn

Blackstone Real Estate Income Trust, Inc. has completed its acquisition of WPT Industrial Real Estate Investment Trust in a series of transactions that resulted...

LondonMetric pays £20.2m for last mile logistics assets in London

LondonMetric Property Plc has paid £20.2 million for two last mile logistics assets totaling 44,000 sq ft in Fulham and Tottenham. The assets have been...
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CRE FINANCE

Cushman & Wakefield to invest $500m in Greystone multifamily lending platform

Global real estate services firm Cushman & Wakefield is entering into a strategic joint venture with Greystone, a commercial real estate finance company, for...

CAREERS

Azora appoints senior partner to lead its US expansion

Fernando Pérez-Hickman has joined Azora as a senior partner to lead the firm's expansion into the United States, through the newly created Azora Exan. Fernando...
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