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Global commercial real estate(CRE) news including office, retail, industrial, multifamily, healthcare real estate,student housing,hotel news, information, insights and trends.

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...
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...
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...
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,...
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...
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...
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...
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...
logistics property in Waalwijk

PATRIZIA acquires logistics property in Waalwijk, Netherlands

PATRIZIA Immobilien AG has agreed to acquire a state-of-the-art, 57,000 sq m logistics property in Waalwijk in the south of the Netherlands....
mixed-use office and retail asset in Madrid

Allianz buys mixed-use office and retail asset in Madrid for €250m

Allianz has acquired Castellana 200, a prime mixed-use office and retail asset located in Madrid, for circa EUR250 million. The deal is...

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