NORTH AMERICA

NAR: Economic experts predict bright path for commercial real estate in 2021

The U.S. economy experienced one of the swiftest declines in history last year, followed by a quick and relatively significant recovery in the second...

Dalfen Industrial buys 149 acres of land in Pennsylvania for new development

Dalfen Industrial has acquired 149 acres of land in Bethel, Pennsylvania. Dalfen plans to develop three industrial buildings totaling 1,177,400 square feet on this land...

UNITED KINGDOM

Blackstone makes £1.2bn offer for UK’s St Modwen

Private equity firm Blackstone Group has made a potential takeover offer worth £1.2 billion ($1.68 billion) for UK-based developer St Modwen Properties. St Modwen Properties,...

W.P. Carey buys logistics facility in UK for £141m

US-based net lease REIT W.P. Carey has acquired an approximately 1.1 million-square-foot Class-A logistics facility in Solihull, U.K for $195 million (£141 million). The 100,000-square-meter...

EUROPE

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ASIA PACIFIC

ESR completes first asset acquisition in Hong Kong to develop data centre

APAC focused logistics real estate platform ESR Cayman has completed its first asset acquisition in Hong Kong to develop 40MW data centre. ESR said...

CBRE: Korean inbound and outbound CRE investment falls in 2020 due to pandemic

Foreign investment in the Korean commercial real estate (CRE) market reached an estimated USD 1.9 billion in 2020, down 24% y-o-y, while Korean outbound commercial...

REIT

W.P. Carey buys logistics facility in UK for £141m

US-based net lease REIT W.P. Carey has acquired an approximately 1.1 million-square-foot Class-A logistics facility in Solihull, U.K for $195 million (£141 million). The 100,000-square-meter...

Equity Commonwealth to buy Monmouth Real Estate for $3.4bn

Equity Commonwealth, a Chicago based, internally managed and self-advised real estate investment trust (REIT), and Monmouth Real Estate Investment Corporation (Monmouth) have entered into...
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CRE FINANCE

CAREERS

CBRE Global Investors announces two appointments for credit platform

CBRE Global Investors has expanded its credit platform with the additions of Michelle Liu in the Americas and Isabelle Brennan in the U.K. Michelle Liu...
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