LondonMetric acquires two logistics warehouses for £135.6m
LondonMetric has acquired two logistics warehouses for £135.6 million in separate transactions, reflecting a blended NIY of 4.2% and a reversionary yield of 4.8%. The...
Trump Organization to sell Washington hotel for $375m, WSJ reports
Donald Trump’s family business The Trump Organization has agreed to sell its flagship Washington D.C. hotel, the Trump International Hotel, for $375 million, The...
Italian logistics portfolio sells for €117.5m
KKR, Round Hill Capital (RHC) and Longridge Capital (LRC) have sold Italian logistics portfolio from their Elizabeth real estate fund to EQT Exeter for...
Lincoln Property, Cadillac Fairview, IMCO grow multifamily fund to $1.8bn
Lincoln Property Company’s residential division (Lincoln Residential) and its partner, Cadillac Fairview, as co-sponsor, have grown their US multifamily fund from $800 million to...
KKR, Gulf Bay sell all condominium units in Mystique at Pelican Bay
KKR and Gulf Bay Group of Companies (Gulf Bay) have sold all condominium units in Mystique at Pelican Bay, a trophy luxury residential tower in Naples, Florida,...
Goldman Sachs, Cedar buy hotel and golf resort near Birmingham
Goldman Sachs Asset Management and Cedar Capital Partners have purchased The Belfry Hotel & Resort located near Birmingham in the United Kingdom from an...
Union Investment acquires office project in Munich from Pandion
Union Investment has acquired an office project development in Munich’s Werksviertel district via a forward funding deal from Pandion. The purchase price was not disclosed....
Icade to sell office building in Boulogne-Billancourt for €45m
Icade has signed a bilateral preliminary agreement with a French institutional investor for the sale of an office building located at 11-15 avenue Morizet...
Landsec to sell Harbour Exchange to Blackstone for £196.5m
Landsec has agreed to sell 6-9 Harbour Exchange, London E14 to Blackstone European Property Income Fund (BEPIF) for £196.5 million. The sale price reflects a...
BlackRock, Outpost JV to invest £500m in UK residential assets
BlackRock’s European Property platform and Outpost Management, a residential focused real estate asset management firm based in London, have formed a new joint venture...