Miami’s historic iconic hotel sold to joint venture
A joint venture between Deutsche Finance America, Bilgili Holding and SHVO has purchased the historic Raleigh Hotel property in Miami for $103 million...
Nuveen Real Estate buys nine multifamily properties in the US
Nuveen Real Estate has acquired nine multifamily properties in the United States for a new strategic investment portfolio focused on acquiring and managing institutional...
UK’s Urban Logistics REIT to fund two logistics assets
Urban Logistics, UK industrial and logistics REIT, has signed agreement for the forward funding of two high-quality urban logistics assets at Staffordshire's Stone Business...
LXI REIT buys a care home in Bristol
LXi REIT plc has acquired a Bupa care home in Bristol for £13.8 million, reflecting a 6.4% net initial yield (net of acquisition costs...
Castellum acquires office properties in central Gothenburg
Castellum has acquired the Gullbergsvass 1:2 and Gullbergsvass 1:12 office properties in central Gothenburg. The acquisition comprises two office properties at Lilla Bommen 5...
Pebblebrook Hotel Trust sells Hotel Palomar Washington
Pebblebrook Hotel Trust has sold the 335-room, Hotel Palomar Washington, DC for $141.5 million. The sale price of $141.5 million reflects a 14.9x EBITDA multiple...
Dexus sells office property for $231.2 million
Australian Real Estate Investment Trust, Dexus, has sold office property, its 100% interest in 11 Talavera Road, Macquarie Park for $231.2 million. 11 Talavera office...
Asia Pacific hotel investments to grow in 2019
According to JLL's latest Hotel Investment Outlook report, hotel investments expected to rise 15 percent in 2019 compared to the last year, to...
JLL Income sells office building in San Francisco
JLL Income Property Trust has sold a multi-tenant office building, 111 Sutter Street, in San Francisco for $227 million.The asset was the largest single...
Hilton launches its new brand for business travelers
Hilton (NYSE: HLT) has launched its new meetings-and-events-focused brand Signia Hilton, including a minimum of 500 guest rooms and 75 square feet per key of...