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

UKCM sells retail park to M7 Real Estate for £46.25

UKCM sells retail park to M7 Real Estate for £46.25m

UK Commercial Property REIT Limited (UKCM), which is managed and advised by Aberdeen Standard Investments, has agreed to sell Great Lodge Retail Park in...
Suburban office property in Melbourne sold for A$110.9M

Suburban office property in Melbourne sold for A$110.9M

Singapore-based Ascendas Reit has acquired a suburban office property, to be constructed at 254 Wellington Road, in Melbourne, Australia for A$110.9 million (S$104.4...
NEINVER, Nuveen Real Estate JV opens first outlet centre in Netherlands

NEINVER, Nuveen Real Estate JV opens first outlet centre in Netherlands

A joint venture between NEINVER and Nuveen Real Estate announced the opening of Amsterdam The Style Outlets, the first outlet centre in the Greater...
Tribeca, PGIM, Meadow JV signs ground lease for Textile Building in Manhattan

Tribeca, PGIM, Meadow JV signs ground lease for Textile Building in Manhattan

A newly-formed joint venture between Tribeca Investment Group and funds managed by PGIM Real Estate and Meadow Partners announced they have entered into a...
IKEA’s shopping malls arm Ingka Centres enters Indian market

IKEA’s shopping malls arm Ingka Centres enters Indian market

Swedish home furnishings retailer IKEA’s shopping malls business Ingka Centres has entered the Indian market by acquiring a major land in Uttar Pradesh, India. The 47,833...
Japanese firm buys office building in New York

Japanese firm buys office building in New York

Japanese Shimizu Corporation has acquired Albano Building, an office property located in Manhattan, New York from Vanbarton Group, the real estate investment company headquartered...
Supermarket Income REIT announces six acquisitions for £113m

Supermarket Income REIT announces six acquisitions for £113m

Supermarket Income REIT has acquired six supermarkets for £113.1 million, reflecting a combined net initial yield of 4.6%. Acquired from different vendors, the purchases...
Commercial property in Paris CBD sold to Deka

Commercial property in Paris CBD sold to Deka

Deka Immobilien has acquired "23 Opéra", the office and commercial property in the heart of the central business district(CBD) of Paris from French real...
British Land agrees four new leasing deals with Aldi

British Land signs four new leases with Aldi totaling 85,000 sq ft

British Land has signed four new lease agreements with supermarket giant Aldi at its retail parks, totaling c.85,000 sq ft of space, across the...
Kimco Realty completes land sale in Florida to Spirit Airlines

Kimco Realty completes land sale in Florida to Spirit Airlines

-Kimco Completes Land Sale and Ground Lease to Spirit Airlines for New $250 Million Global Headquarters at its Dania Pointe® Signature Series® Development -Kimco also signs leases...
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