Thursday, July 16, 2020

NORTH AMERICA

Blackstone Strategic Partners closes seventh real estate secondaries fund at $1.9bn

Strategic Partners, Blackstone’s secondary and fund solutions business, announced the final close on $1.9 billion for Strategic Partners Real Estate VII L.P....

CBRE Global Investors buys historic San Francisco office building

A fund sponsored by CBRE Global Investors has acquired 123 Townsend Street, a 137,625-square-foot office building in San Francisco’s SoMa neighborhood. The...

Bridge raises $1.3 billion for Opportunity Zones strategy

Bridge Investment Group (“Bridge”) is pleased to announce that it has raised $1.3 billion in its Opportunity Zones strategy, with the significant...

Transwestern, UBS JV sells Amazon last-mile facility in Katy, Texas

A joint venture between Transwestern Development Company and UBS Realty Investors has sold its final phase of West Ten Business Park, which...

Lowe, Related JV starts construction of office building in Los Angeles

A joint venture between Los Angeles-based Lowe and Related Fund Management (RFM), the investment management affiliate of Related Companies, has begun construction...

Griffin Capital closes fourth of nine land acquisitions in qualified opportunity zones

Legacy at Encore’ – a 228-Unit Multifamily Community in Tampa, Florida is the Second Property Developed in Partnership with Legacy Partners

UNITED KINGDOM

Muse, Get Living announce £252m funding deal for Lewisham Gateway

Muse Developments and Get Living PLC have agreed a £252m forward funding deal for the the second and final phase of Lewisham...

Helical, AshbyCapital JV secures £140m facility for London office development

A joint venture between Helical and AshbyCapital has secured a £140m facility to finance the development of 33 Charterhouse Street in London...

Sky, Legal & General get planning permission for Sky Studios Elstree

Sky, NBCUniversal and Legal & General have received green light from Hertsmere Borough Council for Sky Studios Elstree scheme, the UK’s new...

CBRE: UK multifamily investment poised for a sharp rebound

Multifamily housing is set to be the UK's most resilient real estate sector, according to CBRE. While investment this year is likely to...

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...

EUROPE

MOST POPULAR

ASIA PACIFIC

ESR-REIT and Sabana REIT announce proposed merger

The managers of ESR-REIT and Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) jointly announced theproposed merger of ESR-REIT and...

Charter Hall funds buy industrial portfolio leased to Owens-Illinois Australia

Charter Hall Group managed two funds, the Charter Hall Prime Industrial Fund (CPIF) and Charter Hall Direct Industrial Fund No.4 (DIF4), have...

Cromwell to invest in data centre property platform

Cromwell Property Group, a real estate investment manager listed on the Australian Securities Exchange, has entered into a strategic partnership with Stratus...

Charter Hall Retail REIT acquires 52% interest in Adelaide distribution facility

Charter Hall Retail REIT announced it has purchased a A$111.8 million or 52% interest in a A$215 million purpose-built distribution facility fully...

ESR completes the largest logistics warehousing project in APAC

APAC focused logistics real estate platform ESR Cayman Limited (ESR) announced the completion of ESR Amagasaki Distribution Centre (ESR Amagasaki DC) in...

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...

CRE FINANCE

Muse, Get Living announce £252m funding deal for Lewisham Gateway

Muse Developments and Get Living PLC have agreed a £252m forward funding deal for the the second and final phase of Lewisham...

AMC reaches agreement to reduce debt by at least $460 million and secures $300 million in new funding

AMC announces amended exchange offers already agreed to by 73% of Senior Subordinate Noteholders representing almost $1.7 billion of AMC’s U.S. dollar...

Helical, AshbyCapital JV secures £140m facility for London office development

A joint venture between Helical and AshbyCapital has secured a £140m facility to finance the development of 33 Charterhouse Street in London...

Kennedy Wilson and Fairfax complete first loan in $2 billion loan platform

63 million loan closes for new multifamily community in Colorado Global real estate investment company Kennedy Wilson (NYSE: KW) and Fairfax...

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...

REIT

ESR-REIT and Sabana REIT announce proposed merger

The managers of ESR-REIT and Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) jointly announced theproposed merger of ESR-REIT and...

CAREERS

KKR appoints Simon Marrison as senior advisor for European real estate

Global investment firm KKR has appointed Simon Marrison, chairman of LaSalle Investment Management’s European business, as a senior advisor, effective Sept 7th 2020.

LATEST ARTICLES

ESR completes the largest logistics warehousing project in APAC

APAC focused logistics real estate platform ESR Cayman Limited (ESR) announced the completion of ESR Amagasaki Distribution Centre (ESR Amagasaki DC) in...

Griffin Capital Essential Asset REIT sells office building in Simi Valley, California

Company Collects 99% of Contractual Rent During Period Most Impacted by COVID-19 Griffin Capital Essential Asset REIT, Inc. (the...

Allianz buys Italian logistics portfolio for €110m

Allianz Real Estate, acting on behalf of several Allianz group companies, has acquired an Italian logistics portfolio, composed of three brand-new, grade...

KKR appoints Simon Marrison as senior advisor for European real estate

Global investment firm KKR has appointed Simon Marrison, chairman of LaSalle Investment Management’s European business, as a senior advisor, effective Sept 7th 2020.

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...

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...

BNP Paribas REIM launches European healthcare property fund

BNP Paribas REIM announced that it has launched “Healthcare Property Fund Europe” (HPF Europe) in the first half of 2020 with initial...

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...

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...