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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.

Savills IM pays €39m for Portuguese supermarket portfolio

Savills IM pays €39m for Portuguese supermarket portfolio

Savills IM has purchased a supermarket portfolio comprising four strategically located properties in Portugal for around €39 million for its European food retail strategy....
Suntec REIT buys 55 Currie Street, Grade A office building, in Adelaide

Suntec REIT acquires Grade A office building in Adelaide

Singapore-listed real estate investment trust Suntec REIT, managed by ARA Trust Management (Suntec) Limited, a wholly-owned subsidiary of ARA Asset Management Limited (“ARA”), through its...
Xenia Hotels & Resorts to sell seven-hotel portfolio for $483m

Xenia Hotels & Resorts to sell seven-hotel portfolio for $483m

Xenia Hotels & Resorts, Inc., a self-advised and self-administered REIT, owns 39 hotels comprising 11,245 rooms across 16 states in the U.S announced that...
Frasers Centrepoint Trust to divest shopping centre for S$110m

Frasers Centrepoint Trust to divest shopping centre for S$110m

Frasers Centrepoint Trust (FCT), a retail real estate investment trust (REIT), announced that its trustee has entered into sale and purchase agreements with unrelated...
M7 Real Estate sells four light industrial properties in Germany

M7 Real Estate sells four light industrial properties in Germany

M7 Real Estate has sold a portfolio of four light industrial properties to the Wohninvest Group, on behalf of M7 European Real Estate Investment...
Helical and AshbyCapital buy major development site in London

Helical and AshbyCapital buy major development site in London

Helical plc and AshbyCapital have acquired, in a 50:50 joint venture, a major development site, from private clients of Nuveen Real Estate, in the...
Real I.S. sells office complex in Regensburg

Real I.S. sells office complex in Regensburg

Real I.S. AG has sold the office property Netzwerk in Regensburg, Germany on behalf of the closed-end retail fund Bayernfonds Deutschland 21. The office...
Whitbread acquires prime freehold property in central London

Whitbread acquires prime freehold property in central London

Whitbread PLC has acquired a prime freehold property on the Strand in central London, located just off Trafalgar Square.  Subject to planning, 5 Strand will become the...
Legal & General buys build-to-rent tower in Manchester

Legal & General buys build-to-rent tower in Manchester

Legal & General (LGIM Real Assets) has exchanged contracts to acquire a new build-to-rent (BTR) tower “North Tower” in Deansgate Square, Manchester on behalf...
Singapore's GIC buys European logistics property portfolio for €950m

European logistics property portfolio sold for €950m

Singapore’s sovereign wealth fund GIC has signed an agreement to acquire a pan-European logistics property portfolio, Maximus, from funds managed by affiliates of Apollo...
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