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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.

BMO REP invests £76.5m in two logistics developments

BMO REP invests £76.5m in two UK logistics developments

BMO Commercial Property Trust (BCPT), managed by BMO Real Estate Partners, has expanded its logistics portfolio with the acquisition of two logistics developments in...
Palace Capital pays £10.25m for Maidenhead office building

Palace Capital pays £10.25m for Maidenhead office building

Palace Capital has purchased 22 Market Street, an office building in the centre of Maidenhead, Berkshire for £10.25 million reflecting a net initial yield...
Google buys London office development for $1bn

Google buys London office development for $1bn

Google has acquired the iconic Central Saint Giles office development in London’s West End, where it is currently a tenant, for $1 billion (£762.5m)...
Europa Capital acquires business center in Budapest

Europa Capital acquires business center in Budapest

Europa Capital has acquired, in partnership with ConvergenCE, Akadémia Business Center in Budapest, on behalf of its latest value add fund, Europa Fund VI. Located...
Top 10 data center markets in the world

Top 10 data center markets in the world

Northern Virginia is the largest data center market in the world, according to Cushman & Wakefield's 2022 Global Data Center Market Comparison report. The...
Harrison Street, AREP JV commits $1bn to develop data centers in US

Harrison Street, AREP JV commits $1bn to develop data centers in US

A joint venture between American Real Estate Partners (AREP) and Harrison Street has committed $1 billion to develop six powered shell data centers representing...
Clearbell acquires office building in Glasgow

Clearbell acquires office building in Glasgow

Clearbell Capital-managed fund Clearbell Property Partners IV LP has purchased 150 St. Vincent Street, an office building in Glasgow, from a fund managed by...
KKR acquires residential portfolio from Adler

KKR acquires residential portfolio from Adler

KKR has agreed to acquire a portfolio of c. 14,400 residential and commercial real estate units from Adler Group. KKR said the vast majority...
KGAL buys major residential portfolio in Leipzig

KGAL buys major residential portfolio in Leipzig

KGAL Investment Management has acquired a high-quality residential portfolio in Leipzig for its KGAL Wohnen Core 3 fund. The purchase price was not disclosed. The...
South East office investment hit record £4bn in 2021, says Knight Frank

South East office investment hit record £4bn in 2021, says Knight Frank

The South East office market saw a record £4.02 billion of investment turnover in 2021, more than double the 2020 figure of £1.93bn and...
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