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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.

industrial properties in California

Rexford Industrial Realty buys four industrial properties for $84.5m

Rexford Industrial Realty, a real estate investment trust focused on owning and operating industrial properties located in Southern California infill markets, has acquired four...
CBD complex in Sydney

Frasers Property,Winten launch CBD complex in Sydney

Frasers Property Australia and Winten Property Group have launched the $750 million Macquarie Exchange, Australia’s first Community Business District project. Located at the entrance to...
U.S office asking rents

Netflix to expand its presence in New York with $100m investment in New York...

Governor Andrew M. Cuomo Thursday announced that Netflix will expand its presence in New York with a production hub in New York City, bringing...
Edmonton commercial property

Mayor of London acquires part of Edmonton hospital site for affordable housing

The Mayor of London, Sadiq Khan, has acquired a 1.4-hectare site at the North Middlesex University Hospital (NMUH) in Edmonton. Sadiq Khan has...
world’s tallest modular hotel

Marriott International to build world’s tallest modular hotel in New York City

Marriott International will build the world’s tallest modular hotel in New York City.It is expected to open in late 2020 as the AC Hotel...
office building in Frankfurt

Investcorp acquires multi-let office building in Frankfurt

Investcorp, a leading global provider and manager of alternative investment products, announced that its London-based real estate investment team acquired Lyoner Stern, a multi-let...
Derby shopping centre

intu sells 50% interest in Derby shopping centre for £186.3m

intu properties plc and Cale Street Investments LP, an investment firm backed by the Kuwait Investment Office, London, have established a 50/50 joint venture...
Sydney retail precinct

Yuhu Group completes acquisition of Sydney’s Bakehouse Quarter

Chinese-backed YuHu Group announced that the acquisition of Bakehouse Quarter,commercial and retail precinct in Sydney, from Kirela Development Unit Trust has been completed on...
us multifamily industry

US multifamily industry remained strong in 2018, NMHC 50 shows

U.S multifamily industry remained strong last year, according to the National Multifamily Housing Council's (NMHC) newly released 2019 NMHC 50—the definitive ranking of the...
office lease i NewYork

First Republic Bank signs 15-year lease at 460 West 34th Street

SL Green Realty Corp. announced that First Republic Bank has signed a new 211,521-square-foot, 15-year lease to occupy a portion of the ground and...
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