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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.

Sirius buys two business parks in Germany for €33m

Sirius buys two business parks in Germany for €33m

Sirius Real Estate has acquired two business parks in Germany, Neuss II and Neuruppin Business Park for €33.4 million, reflects net initial yield of 6.8%. Originally...
LondonMetric sells six assets for £24.5m

LondonMetric sells six assets for £24.5m

LondonMetric Property has sold six assets in separate transactions for £24.5 million. Four non-core assets have been sold from the recently acquired CT Property Trust...
Primonial REIM buys nursing home in Italy

Primonial REIM buys nursing home in Italy

Primonial REIM Italy has acquired Complesso Zaffiro Ronchi, a nursing home for non-self-sufficient elderly people, located in Ronchi dei Legionari, in the Friuli-Venezia Giulia...
US Foods completes acquisition of Smart Foodservice Warehouse Stores

US Foods completes acquisition of Smart Foodservice Warehouse Stores

US Foods Holding Corp. (NYSE: USFD) announced that it has successfully completed the previously announced $970 million all cash acquisition of Smart Foodservice Warehouse...
URW completes sale of Shift office building in Paris

URW completes sale of Shift office building in Paris

Unibail-Rodamco-Westfield (URW) has completed the disposal of the SHiFT office building to a consortium of French institutional buyers (Primonial REIM, La Française and EDF...
SBB sells assets in Norway, Finland and Swedenfor SEK 2,500m

SBB sells assets in Norway, Finland and Sweden for SEK 2,500m

Nordic real estate company Samhällsbyggnadsbolaget i Norden AB (SBB) has agreed to sell seven properties in Norway, Finland and Sweden for SEK 2,500 million (appr....
La Française REM buys off-plan hotel in Marseille

La Française REM buys off-plan mixed-use property in Marseille

La Française Real Estate Managers (REM) has off-market acquired an off-plan mixed-use development from BNP Paribas Real Estate Property Development at 49-53 boulevard des...
Greystar acquires 650-bed student residence in Puteaux, France

Greystar acquires 650-bed student residence in Puteaux, France

Greystar has acquired a 650-bed student residence in Puteaux, located in the suburbs of Paris, expanding on its current footprint of 4,710 beds across...
Ocean West, Tiger sell US industrial portfolio for $900m

Ocean West, Tiger sell US industrial portfolio for $900m

An investment group led by Ocean West Capital Partners and Tiger Alternative Investors has sold a 7-property industrial portfolio for over $900 million. The portfolio...
Majority of Belfast's office stock at risk of obsolescence by 2030 - CBRE NI

Majority of Belfast’s office stock at risk of obsolescence by 2030 – CBRE NI

CBRE NI has issued a stark warning, highlighting the potential risk that three-quarters of Belfast's office stock may become obsolete by 2030. This cautionary...
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