Harrison Street, AREP JV commits $1bn to develop data centers in US
A joint venture between American Real Estate Partners (AREP) and Harrison Street has committed $1 billion to develop six powered shell data centers representing...
Port of Melbourne to move to Lendlease’s tower in Victoria Harbour
Port of Melbourne will join anchor tenant ANZ and Australia’s largest global insurer QBE at 839 Collins Street, taking almost 2,000sqm on Level 19...
UK healthcare market shows resilience as sector recovers from the pandemic, says Knight Frank
The UK healthcare property market showed resilience against the impacts of the pandemic, with operators reporting recovering occupancy levels and stronger than expected margins,...
St. Modwen acquires logistics portfolio in Poole, Dorset
St. Modwen has acquired a 10.8-acre site north west of the centre of Poole as a key part of the South East region’s growing...
British Land pays £157m for three warehouses in Wembley
British Land has acquired three warehouses at Hannah Close, in Wembley for £157m with completion expected by mid February. British Land said this is...
Allianz buys prime office complex in Milan for €83m
Allianz has acquired a multi-tenant, prime office complex in the Tortona district in Milan for EUR83 million from BNP Paribas SGR p.A. The landmark...
URW to sell 45% stake in €1bn Paris shopping centre
Unibail-Rodamco-Westfield(URW) has agreed to sell a 45% stake in the Westfield Carré Sénart shopping centre, Greater Paris to Societe Generale Assurances and BNP Paribas...
Pelligra Group buys Ford’s former manufacturing sites
Melbourne-based Pelligra Group has acquired Ford’s former manufacturing sites in Geelong and Broadmeadows. The sites, to be named FORTEK Geelong and ASSEMBLY Broadmeadows will...
BauMont, Addington pay £99m for East London residential portfolio
BauMont Real Estate Capital and its operating partner Addington Capital have purchased a residential portfolio in East London from a private investor for £99...
Investcorp acquires 11 U.S. multifamily properties for $370m
Investcorp has acquired 11 new U.S. multifamily properties for $370 million. The portfolio is composed of 2,615 units. The acquisition marks Investcorp’s largest U.S....
