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Global commercial real estate(CRE) news including office, retail, industrial, multifamily, healthcare real estate,student housing,hotel news, information, insights and trends.

PATRIZIA sells German retail portfolio for €96m

PATRIZIA sells German retail portfolio for €96m

PATRIZIA AG has sold a portfolio of seven retail properties in Germany to Captiva, a German real estate investment company, for EUR...
LOGOS to develop logistics facility in Sydney

LOGOS to develop logistics facility in Sydney

LOGOS is developing a purpose built circa 13,000sqm logistics facility for LF Logistics, an international leading logistics services provider, at its Marsden...
Equinix to acquire data center portfolio in Canada for US$750m

Equinix to acquire data center portfolio in Canada for US$750m

Global interconnection and data center company Equinix, Inc. has entered into a definitive agreement to acquire a portfolio of 13 data centers across Canada from BCE...
Service Properties Trust sells industrial property for $51m

Service Properties Trust sells industrial property for $51m

Service Properties Trust (Nasdaq: SVC), a real estate investment trust, or REIT, has sold a 674,143 square foot industrial property located at...
Capco agrees to acquire stake in Shaftesbury for £436m

Capco agrees to acquire stake in Shaftesbury for £436m

Capital & Counties Properties PLC (Capco) has agreed to acquire a 26.3% shareholding in Shaftesbury PLC (Shaftesbury) across two tranches for total...
Target temporarily closes stores due to protest dangers

Target temporarily closes stores due to protest dangers

Minneapolis-based retail giant Target Corporation has closed temporarily its six stores which were looted and damaged during protests sparked across the US...
URW completes disposal of five French shopping centres for €2bn

URW completes disposal of five French shopping centres for €2bn

Unibail-Rodamco-Westfield (URW) has completed of the disposal of a portfolio of five shopping centres in France to the joint venture (JV) formed...
Deka acquires office tower project in Vienna

Deka acquires office tower project in Vienna

German real estate investor Deka Immobilien Investment GmbH has acquired the Austro Tower, an office tower project in Vienna, from real estate...
Allianz acquires prime multifamily property portfolio in Tokyo for €110m

Allianz acquires prime multifamily property portfolio in Tokyo for €110m

Allianz Real Estate has acquired a prime multifamily property portfolio in Tokyo for €110 million. The portfolio comprises 11 newly built assets...
Paramount completes sale of 10% interest in 1633 Broadway

Paramount completes sale of 10% interest in 1633 Broadway

Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it has completed the sale of a 10% interest in...

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