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

Real estate investors to focus on offices and alternatives in 2020, says Savills

According to Savills World Research, real estate investors will focus on offices in core city markets around the world in 2020, but...

UK commercial property investment exceeds £10bn in December 2019

UK commercial property investment increased by 14.6 percent in December 2019 to £10.2 billion from £8.9 billion recorded in December 2018, according to...

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...

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

PUMA signs lease for Barwood Capital’s warehouse in Yorkshire

Global sportswear company Puma has signed a lease agreement for Barwood Capital’s 261,000 sq ft ‘Super G’ speculative warehouse at Glasshoughton in...

Union Investment buys Dublin office property for €190M

Union Investment has acquired the 5 Hanover Quay office property in Dublin’s fast-growing South Docklands district from TIO South Docks Fund...

Greystar sells Class A multifamily community in Florida

Greystar Real Estate Partners has sold Avana Isles, a 214-unit Class A apartment community in the Boynton Beach / Delray Beach submarket...

UK commercial property capital values decrease in July

UK commercial property capital values decreased -0.2% in July, according to the latest CBRE UK Monthly Index. Rental values increased 0.1% over...

Australian commercial property market sentiment rise in Q2 2019

According to NAB’s Commercial Property Index, Australian commercial property market sentiment rose 9 points to +7 in the second quarter of 2019....

Charter Hall, Abacus buy Sydney CBD office tower for A$630M

Charter Hall Group has formed a new partnership with Abacus to acquire 201 Elizabeth Street, Sydney CBD office tower for A$630 million....

Commercial lending activity in U.S increases in Q2 2019

After a slow start in Q1 following market volatility at year-end, commercial real estate lending activity in the U.S gained traction in...

JLL arranges $300m construction loan for office development in Miami

JLL has arranged a $300 million construction loan for the development of 830 Brickell, a 1.03 million-square-foot, 56-story, Class A, marquis tower that includes...

Convene signs lease at AXA IM’s London office development

AXA IM- Real Assets has let a further 102,000 sq ft of space across four floors at its flagship London office development, 22...

Derwent London sells The Buckley Building for £103m

Derwent London, owns 84 buildings in a commercial real estate portfolio predominantly in central London valued at £5.4 billion and listed on...