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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.

Goldman Sachs, New Ease JV buys $488m China logistics assets

Goldman Sachs, New Ease JV buys $488m China logistics assets

Warburg Pincus-backed logistics property developer New Ease and Goldman Sachs Asset Management have jointly acquired two collection of logistics real estate projects in gateway...
SEGRO sells warehouse portfolio in Italy

SEGRO sells warehouse portfolio in Italy

SEGRO, a UK Real Estate Investment Trust (REIT), has agreed to sell a portfolio of six Italian urban warehouses for €127.5 million to AXA...
Investcorp fund acquires five US multifamily properties for $420m

Investcorp fund acquires five US multifamily properties for $420m

A fund managed by Investcorp has acquired five new US multifamily properties across Arizona, Texas and Georgia for $420 million. Investcorp said the portfolio...
Black Creek Industrial REIT IV buys industrial portfolio from Prologis for $920m

Black Creek Industrial REIT IV buys industrial portfolio from Prologis for $920m

Black Creek Industrial REIT IV, a fund managed by Ares Management Corporation, has acquired 48 industrial properties totaling 8.3 million square feet from affiliates...
Skanska sells remaining stake in Bank of America Tower in Houston

Skanska sells remaining stake in Bank of America Tower in Houston

Skanska has sold its remaining 10 percent ownership stake in Bank of America Tower in Houston, Texas, USA, for approximately $24 million to an affiliate of...
Blackstone to buy affordable housing assets from AIG for $5.1bn

Blackstone to buy affordable housing assets from AIG for $5.1bn

American International Group, Inc. (AIG) said Wednesday that it has agreed to sell a 9.9% equity stake in its Life & Retirement businesss to...
CPP Investments forms Japan data centre JV with Mitsui

CPP Investments forms Japan data centre venture with Mitsui

Canada Pension Plan Investment Board (CPP Investments) has formed a data centre joint venture with Mitsui & Co. Ltd., one of Japan's largest general trading and...
BentallGreenOak buys industrial assets in Canada

BentallGreenOak buys industrial assets in Canada

BentallGreenOak (BGO) has announced the acquisition of Buildings 1, 2 and 3 of the Henday Industrial Park, located in Edmonton, AB, on behalf of...
Boston Properties, CPP Investments and GIC form US office property partnership

Boston Properties, CPP Investments and GIC form US office property partnership

Boston Properties, Inc.(BXP), Canada Pension Plan Investment Board (CPP Investments) and Singapore’s sovereign wealth fund GIC have established a co-investment program for future acquisitions...
Garbe buys property near Stuttgart

Garbe buys property near Stuttgart

Hamburg-based real estate developer Garbe Industrial Real Estate GmbH has acquired a plot of land measuring around 100,000 square metres in Baden-Württemberg, Stuttgart. It is located...
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