Wednesday, June 3, 2020
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Global commercial real estate(CRE) news including office, retail, industrial, multifamily, healthcare real estate,student housing,hotel news, information, insights and trends.

JLL closes sale of Boston industrial property portfolio

JLL closes sale of Boston industrial property portfolio

JLL has closed the sale of a fully leased, four-property multi-tenant industrial portfolio totaling approximately 286,000 square feet along with a one-acre land...
Gazeley leases 186,000 sq ft unit at Magna Park Lutterworth site to Bleckmann

Gazeley leases 186,000 sq ft unit at Magna Park Lutterworth site to Bleckmann

Gazeley has leased a 186,000 sq ft unit at its Magna Park Lutterworth site to Bleckmann, a market leader in Supply Chain...
Klépierre reopens majority of shopping centers in Europe

Klépierre reopens majority of shopping centers in Europe

European shopping malls investment and management company Klépierre announced that the vast majority of its shopping centers have reopened in Europe.
Facebook Canada launches grant program and new supports for small businesses

Facebook Canada launches grant program and new supports for small businesses

Facebook Canada today unveiled several new initiatives to support small businesses impacted by COVID-19. The announcement includes nearly $3.5 million in grants,...
PATRIZIA invests in Asian PropTech venture capital platform

PATRIZIA invests in Asian PropTech venture capital platform

PATRIZIA AG has entered into a partnership with the Asian PropTech venture capital platform, Taronga Ventures, participating in the most recent close...
KKR acquires majority stake in French private real estate company

KKR acquires majority stake in French private real estate company

Global investment firm KKR has acquired a strategic stake in Etche from Groupe BMF and co-founders. Etche is a private real estate...
Legal & General sells London retail asset for £25m

Legal & General sells London retail asset for £25m

Legal & General, on behalf of its BMW (UK) Trustees fund, has sold 36-46 St John’s Road, Clapham Junction, a prime London...
Savills expects growth in life science real estate sector

Savills expects growth in life science real estate sector

Savills has identified and examined the social, ecological, demographic and technological trends that will decisively determine the global real estate market and...
Trez Capital, Hines JV buys self-storage facility in Wylie, Texas

Trez Capital, Hines JV buys self-storage facility in Wylie, Texas

A joint venture between Trez Capital, a diversified real estate investment firm and provider of commercial real estate capital and debt financing...
Realterm closes Realterm Logistics Fund III at $370m

Realterm closes Realterm Logistics Fund III at $370m

Realterm has announced the final close of Realterm Logistics Fund III (RLF III) at its hard cap of $370 million. RLF III...

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