Thursday, January 23, 2020

NORTH AMERICA

Sares Regis raises $328 million for value-add multifamily fund

On October 25, 2019, Sares Regis Multifamily Value-Add Fund III (the “Fund”) announced a final close, raising over $328 million in total...

Greystar announces first ground-up development project in Boston

Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development and management of high-quality rental housing properties, today announced...

WeWork completes sales of Teem and its stake in The Wing

WeWork Completes Strategic Divestitures of Teem and its Minority Stake in The Wing WeWork, the world’s leading co-working and...

KBS signs lease extension with BNP Paribas for 53,186 square feet

KBS, one of the largest investors in premier commercial real estate in the nation, announced that it has signed a lease...

Mayors to presidential candidates: Let’s talk infrastructure

Latest Menino Survey of Mayors from Boston University Initiative on Cities, supported by Citi Community Development and The Rockefeller Foundation, also Addresses...

Construction starts fall 21% in December

According to Dodge Data & Analytics, total construction starts in the final month of 2019 dropped 21% from the previous month to a...

UNITED KINGDOM

Commerz Real buys student accommodation in Dublin

Commerz Real Kapitalverwaltungsgesellschaft has acquired a student accommodation in Dublin  for its Commerz Real Institutional Smart Living Europe Fund from the developer...

Orchard Street buys industrial estate in Greater London for £40m

Orchard Street Investment Management (‘Orchard Street’), the commercial property investment manager, focused on the UK market, has acquired a prime industrial estate...

M&G Real Estate appoints joint agents on City of London office complex

M&G Real Estate has appointed Savills, Knight Frank and Cushman & Wakefield as joint agents on 40 Leadenhall Street in the City...

UK logistics market remains strong in 2019, says JLL

UK logistics and industrial market remained strong in 2019, according to a report by JLL. Big box take-up involving Grade A units...

UK commercial property returns hit lowest level since 2012, says CBRE

UK commercial property capital values decreased -0.4% in December 2019, according to the latest CBRE Monthly Index, while rental values fell by...

Investment volumes in UK property to reach £55bn in 2020, says JLL

JLL has predicted that investment volumes in the UK property market in 2020 will total around £55 billion. This is up 17%...

EUROPE

MOST POPULAR

ASIA PACIFIC

Dare to adapt in a fast-changing world: CBRE APAC Real Estate Market Outlook 2020

Investors, tenants and landlords would be well advised to re-think their real estate strategies so they can adapt to a rapidly transforming...

World’s top 20 most dynamic urban centers

Hyderabad is the most dynamic urban center in the world, according to the latest JLL City Momentum Index. The results reveals that Asia Pacific...

CapitaLand’s Ascott opens serviced residence in Osaka

CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott),has opened its first Citadines serviced residence in Osaka, Japan.

Lendlease sells JV stake in A$1.2bn North Sydney tower project

Lendlease has sold a 25 per cent joint venture interest in the Victoria Cross Over Station Development Tower which is expected to...

German investment firm buys office property in Brisbane, Australia

German investment firm Deka Immobilien has acquired an office property in Brisbane, the capital of the state of Queensland in northeast Australia,...

ESR forms US$500m JV with GIC to invest in China logistics real estate

ESR Cayman Limited, the APAC focused logistics real estate platform, has entered into strategic partnership with Singapore’s sovereign wealth fund GIC to...

CRE FINANCE

H.I.G. Capital invests in Greek property company

H.I.G. Capital, LLC ("H.I.G.") has provided debt and equity financing to Dimand SA, a leading Athens based property and development company. Funds...

EJF Capital and AmWest form new strategic partnership

EJF Capital LLC (“EJF”), a global alternative asset management firm, and AmWest Asset Management LLC, an affiliate of The AmWest Group (“AmWest”),...

3650 REIT originates $50m loan to develop Center at Miami Gardens

3650 REIT (“3650”), a balance-sheet lender focused on creating long-term relationships by originating, servicing and asset managing long- and short-term fixed-rate commercial...

Allianz provides £120m of debt for prime asset acquisition in London

Allianz Real Estate has provided GBP120 million (EUR141 million) in debt financing to The Office Group (TOG), majority owned by real estate...

Venn announces partnership with Singapore’s ARA

Venn Partners LLP, an investment manager in European real estate private debt, has entered into partnership with Singapore-based ARA Asset Management Limited,...

Greystone acquires CMBS special servicer C-III Asset Management

Greystone, a commercial real estate lending, investment, and advisory company, has acquired Dallas-based C-III Asset Management LLC (C3AM), one of the largest...

REIT

CAREERS

CBRE appoints Stuart McCann as Head of International Capital, Pacific and...

CBRE has appointed Stuart McCann as Head of International Capital, Pacific and Southeast Asia. He will assume the newly created role on 3...

LATEST ARTICLES

Grade A Office Tower unveiled at Heartland 66 in Wuhan, China

Hang Lung Properties, a real estate developer operating in Hong Kong and mainland China, has unveiled a Grade A office tower at Heartland 66 in...

U.S commercial/multifamily originations to hit new record this year

U.S commercial and multifamily mortgage bankers will close a record $652 billion in loans backed by income-producing properties this year, an increase...

Commerz Real sells two hotels in London

Accor HotelInvest UK Limited has acquired two hotels, a four-star Novotel with 182 rooms and a two-star Ibis with 297 rooms, in...

Blackstone closes global real estate fund at $20.5bn

Blackstone announced the final close of its latest global real estate fund, Blackstone Real Estate Partners IX (“BREP IX”). BREP IX has...

The largest coliving property in Southeast Asia opens in Singapore

CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott), has opened lyf Funan Singapore, the largest coliving property in Southeast Asia.

Office property still the most sought-after asset class in Europe, says Catella

Office property is still the most sought-after asset class in Europe, compared with other classes of investment, it attracts the most capital,...

Shawn Janus joins Colliers as National Healthcare Director

Shawn Janus has joined Colliers International Group Inc., global commercial real estate services firm, as U.S. National Healthcare Director.

Commercial real estate investment in Europe reaches 102bn in H1 2019

Rising trade tensions between the US and China caused the slowing of European economic growh more than expected in 2019, according to...

Broadstone Net Lease acquires industrial portfolio for $735.7M

Broadstone Net Lease, Inc., has acquired a portfolio of 23 industrial and office/flex assets for approximately $735.7 million, excluding capitalized acquisition expenses....

Radisson opens two hotels in New York City

Radisson has announced the opening of two hotels in Manhattan, New York City, Radisson Hotel New York Midtown-Fifth Avenue located at 25 West...