ABG and HanseMerkur secure €200m financing for Frankfurt project
Joint venture partners ABG Real Estate Group and HanseMerkur Grundvermögen have secured a construction financing of €200 million for their collaborative project development Central...
Clarion Partners buys biopharmaceutical facility in Braintree, MA
Clarion Partners Real Estate Income Fund Inc. (CPREIF) has acquired a 58,935-square foot biopharmaceutical facility located on more than three acres at 55 Messina...
Scottish National Investment Bank invests £20m in affordable housing fund
The Scottish National Investment Bank has increased its investment in affordable housing by committing an additional £20 million to the Mid-Market Rent (MMR) strategy...
Park Hotels & Resorts to sell two assets for $149m
Park Hotels & Resorts (Park) has agreed to sell two assets for combined gross proceeds of $149 million, or approximately $360,000 per key.
The assets consist...
European Commission sells 23 Brussels office buildings for €900m
The Belgian government's investment arm, SFPIM (the ‘Belgian Sovereign Wealth Fund), is acquiring 23 buildings from the European Commission for €900 million.
The Belgian government,...
Dalfen Industrial makes second acquisition in Fort Worth
Dalfen Industrial has purchased a 100% occupied, 98,666 square feet property, West Tarrant Distribution Center, in West Fort Worth.
Dalfen Industrial said this is the second...
US student housing giant expands into UK and Ireland markets
U.S.-based student housing developer Landmark Properties has announced its expansion into the United Kingdom and Ireland.
Landmark is assembling a seasoned UK-based team spearheaded...
Ascott to acquire two properties in Paris and Hanoi for S$210m
Singapore-based CapitaLand’s wholly owned lodging business unit The Ascott Limited (Ascott) has agreed to acquire two properties in Paris, France and Hanoi, Vietnam for...
Blackstone Real Estate divests Hawaii resort for $725m
Blackstone Real Estate has agreed to sell Turtle Bay Resort in Oahu, Hawaii for $725 million.
Blackstone purchased the hotel in 2018 for $332...
ActivumSG to buy developer in Denmark’s build-to-rent sector
ActivumSG Capital Management has agreed to acquire Casa, a residential developer and construction contractor in Denmark's build-to-rent sector, on behalf of its latest fund....
Nrep to build lowest carbon timber building in Denmark
Nordic real estate investor Nrep will build a six-storey timber residential building in Nordhavn (North Harbour), Copenhagen’s new sustainable harbourside city district.
The 13,100...
CBRE Global Investors buys mixed-use logistics asset in Orange County, California
CBRE Global Investors has purchased a mixed-use logistics asset in Orange County, California.
The 395,673-square-foot asset, known as Irvine Crossing, is a fully leased...
