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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.

us student housing market

UC Davis breaks ground on new student housing development

The University of California, Davis, announced that it has broken ground on the new campus apartment project, The Green at West Village. At this...
Australian hotel news

AXA IM-Real Assets buys Australian hotel portfolio

AXA Investment Managers - Real Assets has acquired 831 room Australian hotel portfolio for A$330.4 million. The acquisition is one of the largest hotel transaction...
mega construction

CapitaLand completes the final skyscraper of Raffles City Chongqing

CapitaLand announced the completion of the eighth and final skyscraper of Raffles City Chongqing.The company plans to open the highly anticipated 1.12-million-square-metre (sqm) megastructure...
CRE Herald commercial real estate news

Hyatt and BTG Hotels to create new hospitality brand

Hyatt Hotels Corporation and BTG Hotels Co. have entered a strategic joint venture to create a new hospitality brand to expand across China. The...

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...
US multifamily property

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 Reit news

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...
Bristol commercial property

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...
Europe office market

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...
US hotel industry

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...
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