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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.

City Office REIT closes $576m sale of life science portfolio

City Office REIT closes $576m sale of life science portfolio

City Office REIT has closed the sale of its holdings in the Sorrento Mesa submarket of San Diego for $576 million. City Office said...
Blackstone REIT secures $690m financing for industrial portfolio

Blackstone REIT secures $690m financing for industrial portfolio

Blackstone Real Estate Income Trust (BREIT) has secured a $690 million financing for a portfolio of 44 net-leased industrial, office and data center properties totaling 6.85...
SL Green sells 25 percent interest in One Madison Avenue

SL Green sells 25 percent interest in One Madison Avenue

SL Green Realty has sold a 25 percent interest in One Madison Avenue to an international investor. The buyer has committed aggregate equity to...
Bloomberg signs expansion lease at SL Green's 919 Third Avenue 

Bloomberg signs expansion lease at SL Green’s 919 Third Avenue 

Media giant Bloomberg has signed a 191,207 square foot expansion lease at 919 Third Avenue covering the entire 28th through 33rd floors. This expansion increases Bloomberg’s...
AXA IM Alts buys PBSA scheme in Italy for €40m

AXA IM Alts buys PBSA scheme in Italy for €40m

AXA IM Alts has agreed to acquire a 400-bed purpose built student accommodation (PBSA) scheme in Florence, Italy for €40 million. The acquisition, via...
Europa Capital makes first foray into Birmingham market

Europa Capital makes first foray into Birmingham market

Europa Capital has entered the Birmingham market with the acquisition of Crown Works, a new 203-apartment build-to-rent (BTR) development adjacent to the city's central...
Charter Hall, GIC buy office building in Canberra, Australia for A$335m

Charter Hall, GIC buy office building in Canberra, Australia for A$335m

Australian property group Charter Hall and Singapore’s sovereign wealth fund GIC have formed a joint venture to acquire the 50 Marcus Clarke office building in...
CICT to acquire two Grade A office buildings in Sydney for A$330.7m

CICT to acquire two Grade A office buildings in Sydney for A$330.7m

Singapore-listed CapitaLand Integrated Commercial Trust (CICT) is acquiring two Grade A office buildings, 66 Goulburn Street and 100 Arthur Street, located in the central...
Apollo to buy Griffin Capital's US wealth distribution, asset management units

Apollo to buy Griffin Capital’s US wealth distribution, asset management units

Global alternative asset manager Apollo has agreed to acquire the US wealth distribution and asset management businesses of Griffin Capital. Apollo said the acquisition is...
Cain, PGIM Real Estate to provide £191m loan for Manchester BTR project

Cain, PGIM Real Estate to provide £191m loan for Manchester BTR project

Vita Group has secured a £191 million development loan from Cain International and PGIM Real Estate for Union, its new 500,000 sq. ft. BTR...
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