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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.

CBRE IM to acquire $4.9bn logistics portfolio in US, Europe

CBRE IM to acquire $4.9bn logistics portfolio in US, Europe

CBRE Investment Management has agreed to acquire a more than 57-asset, 28.4-million square-foot portfolio of state-of-the-art logistics properties in the United States and Europe...
Allianz Real Estate, VGP form new European logistics joint venture

Allianz Real Estate, VGP form new European logistics joint venture

Allianz Real Estate and VGP have agreed to form their fourth joint venture to develop a portfolio of prime logistics assets in Germany, the...
Skanska sells two office projects in Poland for €128m

Skanska sells office portfolio in Poland for €128m

Skanska has sold a portfolio of two office projects in Wroclaw and Krakow, Poland, for €128 million to Stena Real Estate BV.  The transaction includes...
Keppel DC REIT makes second data centre investment in London

Keppel DC REIT makes second data centre investment in London

Singapore-listed Keppel DC REIT has agreed to acquire a data centre located in Bracknell, United Kingdom, which is part of the Greater London urban...
Deka Immobilien buys office building in Düsseldorf from Axa IM Alts

Deka Immobilien buys office building in Düsseldorf from Axa IM Alts

Deka Immobilien has purchased the Cubes office building in Düsseldorf from Axa IM Alts, on behalf of the open-ended real estate fund Deka-ImmobilienEuropa.  The parties have...
Teacher Retirement System of Texas buys office property in Austin

Teacher Retirement System of Texas buys office property in Austin

Shorenstein Properties has sold the Alpha Building to the Teacher Retirement System of Texas (TRS). Terms of the transaction were not disclosed. The Alpha Building is located north...
City Office REIT buys office complex in Raleigh for $330m

City Office REIT buys office complex in Raleigh for $330m

City Office REIT has purchased Bloc 83, a premier two-building office complex located in Raleigh, North Carolina, for $330 million. The 494,000 square foot, newly built Class...
Saudi REIT pays $62m for US logistics portfolio

Saudi REIT pays $62m for US logistics portfolio

Saudi Arabia-based Riyad Capital said its Shariah-compliant real estate investment fund, Riyad REIT, has invested SAR 233 million (appr. $62 million) in a US...
TPG Real Estate completes acquisition of Studio Babelsberg

TPG Real Estate completes acquisition of Studio Babelsberg

Real estate equity investment platform TPG Real Estate Partners(TREP) has completed the acquisition of Studio Babelsberg AG. Carl L. Woebcken and Christoph Fisser, CEO...
Icade to sell Paris office building for €186m

Icade to sell Paris office building for €186m

Icade has signed a bilateral preliminary agreement with an institutional investors to sell the Millénaire 4 building located in the Millénaire business park in...
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