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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.

Elion Partners acquires last-mile industrial assets for $83m

Elion Partners acquires last-mile industrial assets for $83m

Real estate investment firm Elion Partners has acquired four last-mile industrial distribution assets located across the West Coast for $83 million. The acquisitions comprise...
KKR acquires four industrial properties in Atlanta for $136m

KKR acquires four industrial properties in Atlanta for $136m

Global investment firm KKR announced that it has acquired four industrial distribution properties across the greater Atlanta metropolitan area for $136 million. The newly acquired properties...
Turkey's Doğuş Group to sell stake in Istanbul shopping mall for $1bn

Turkey’s Doğuş Group to sell stake in Istanbul shopping mall for $1bn

Turkey-based The Doğuş Group is selling its 42 percent stake in IstinyePark, one of the biggest shopping malls in Istanbul, Turkey for around $1...
Harworth acquires industrial property in Merseyside for £26m

Harworth acquires industrial property in Merseyside for £26m

Harworth Group plc said on Monday that it has acquired off-market Saturn Park, an industrial property in Knowsley, Merseyside, for £26 million plus acquisition...
Brookfield Properties to develop Class-A logistics park in Austin, Texas

Brookfield Properties to develop Class-A logistics park in Austin, Texas

Global real estate services company Brookfield Properties has added Park 290, a 68-acre development site located in Austin, Texas to its U.S. logistics portfolio. Located...
Blackstone completes sale of BioMed Realty for $14.6bn

Blackstone completes sale of BioMed Realty for $14.6bn

Blackstone today announced that Blackstone Real Estate Partners VIII L.P. and co-investors have completed their previously announced transaction to sell BioMed Realty, a life...
Helical agrees to sell three Manchester office assets for £119m

Helical agrees to sell three Manchester office assets for £119m

Helical plc has agreed to sell the Powerhouse Portfolio, comprising three Manchester office assets, to real estate funds managed by Pictet Alternative Advisors, S.A....
Service Properties Trust sells eight hotels for $45.3m

Service Properties Trust sells eight hotels for $45.3m

Service Properties Trust, a real estate investment trust, or REIT, has sold eight TownePlace Suites branded hotels with 834 rooms for $45.3 million. The...
KKR buys industrial distribution property in Phoenix for $32m

KKR buys industrial distribution property in Phoenix for $32m

KKR has acquired an industrial distribution property in Phoenix for $32 million. Built in 2001, the asset is a 32-foot clear height, Class A property located in...
Unite Students acquires development site in central London

Unite Students acquires development site in central London

UK-based student accommodation developer and manager Unite Students has acquired a new 800-bed development site in Paddington, central London from Travis Perkins. The company said...

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