GIC acquires LG Twin Towers in Beijing for $1.15bn
Singapore’s sovereign wealth fund GIC has acquired LG Twin Towers in Beijing from South Korean conglomerate LG Group for over RMB 8 billion($1.15 billion).
Located...
JLL Income acquires Class A office portfolio in Phoenix for $61.5m
JLL Income Property Trust has acquired Fountainhead Corporate Park, a 300,000 square foot, two-building Class A office portfolio comprised of two 6-story buildings located...
KBS signs leases at historic Class A office building in Salt Lake City, Utah
KBS Signs Nearly 50,000 Square Feet in New Leases at Historic Class A Office Building in Salt Lake City, Utah
KBS announced the signing of...
Hines buys two office buildings in Munich
Hines has acuired two office buildings located in Neuperlach, Munich on behalf of the flagship Hines European Value Fund 2 (HEVF 2).
Located next to...
TIAA sells half of its 50% stake in pan-European office venture
Nuveen Real Estate has recapitalised the TIAA General Account’s (TIAA) interest in its Cityhold Office Partnership (CHOP). TIAA has sold-down half of its initial...
South Korean-Finnish consortium buys property in Helsinki for €480m
South Korean-Finnish consortium which includes Varma Mutual Pension Insurance Company, NH Investment & Securities (NHIS) and Shinhan Investment Corp. have acquired OP Cooperative’s HQ,...
Cole Office & Industrial REIT buys office building in Maryland for $39m
Cole Office & Industrial REIT (CCIT II), Inc. (CCIT II), a publicly registered non-listed real estate investment trust (REIT) sponsored by affiliates of CIM...
Transamerica Pyramid in San Francisco sold for $700m
Transamerica Pyramid, the iconic skyscraper in San Francisco, has reportedly sold to a group led by New York developer Michael Shvo for $700 million...
Goldman Sachs and LPC West acquire creative office building in San Francisco
Lincoln Property Company, led by Lincoln’s LPC West team in San Francisco, has partnered with affiliates of the Goldman Sachs Merchant Banking Division to...
Cording, BNP Paribas REIM sell Media Tower in Düsseldorf
Cording Real Estate and BNP Paribas Real Estate Investment Management (REIM) Germany have sold the Media Tower property located at Düsseldorf Medienhafen to special...
Amazon opens new office for Alexa in Santa Barbara, California
Amazon has opened a new 48,000 square foot office for Alexa tech teams located in downtown Santa Barbara, California. The company plans to create 150 additional...
WeWork appoints Sandeep Mathrani as CEO
Mathrani to Partner with Executive Chairman Marcelo Claure to Execute WeWork’s Growth-led Transformation
WeWork announced that Sandeep Mathrani will join the Company as Chief Executive...
