Mapletree Commercial Trust to buy best-in-class business park in Singapore
Mapletree Commercial Trust(MCT), a Singapore-focused real estate investment trust, announced that it has agreed to acquire a best-in-class business park, the second phase of...
AXA IM-Real Assets buys development site in Sapporo, Japan
AXA Investment Managers - Real Assets (“AXA IM - Real Assets”) has agreed to acquire a 6,691 sqm / 1.65 acre development site in...
Commerz Real announces largest real estate transaction in its history
Commerz Real has acquired the so-called "Millennium Portfolio" in Germany, worth €2bn according to media reports, from Generali Lebensversicherung AG for its open-ended real...
Ascott buys serviced residence in Sydney for A$202M
Singapore-based CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott), has acquired a freehold serviced residence in the Central Business District of North...
Hudson’s Bay to close its stores in Netherlands
Canadian retail business group Hudson’s Bay (HBC) announced that HBC Netherlands BV will close its 15 Hudson’s Bay stores, e-commerce site and headquarters in...
CIM Group to build mixed-use project in Miami
CIM Group has begun construction of a mixed-use development on a 1.78-acre site at 2201 N Miami Avenue in the Wynwood district of Miami,...
Prologis signs lease deal with IAC
Prologis UK has signed an agreement to lease both buildings on Prologis Park Birmingham Interchange (PPBI) in Solihull to global automotive supplier, International Automotive...
Lendlease signs $15bn deal to develop Google’s Bay Area projects
Lendlease, a global property and infrastructure group, headquartered in Sydney and listed on the Australian Securities Exchange, has signed a deal worth US$15 billion...
Greystar enters private rented sector in Spain
Greystar Real Estate Partners ("Greystar") has acquired 48 Gran Vía, a residential asset in Madrid's Gran Vía neighborhood to invest in the private rented...
Cromwell lodges application for A$350m mixed-use project at 700 Collins Street
ASX-listed real estate investor and manager Cromwell Property Group has lodged a development application for 700 Collins Street in Melbourne's Docklands Precinct. Cromwell Property Group...
