OpenAI to open first international office in London
OpenAI, the US-based artificial intelligence (AI) research company and the ChatGPT developer, has announced its first international expansion with a new office in London,...
La Française REM signs €120m sale-leaseback deal for healthcare portfolio
La Française Real Estate Managers (REM), acting on behalf of two collective real estate investment vehicles, has acquired a portfolio of five healthcare assets in...
Aviva Investors to forward fund French logistics portfolio
Aviva Investors has acquired a portfolio of three logistics facilities spread across the Orléans, Nantes and Reims regions of France, through a forward funding...
IIProp sells logistics property in Germany
International Industrial Properties (IIProp), a logistics platform owned by Madison International Realty and Griffin Capital Partners, has sold a single-let logistics property in Bensheim,...
CLS completes sale of three properties for £49m
CLS has sold three properties for a total of £49 million at an average of 7.5% above 31 December 2022 valuations.
CLS has unconditionally exchanged contracts to...
Bain Capital and Conren Tramway to invest €600m in Iberian logistics assets
Private investment firm Bain Capital and Spanish developer Conren Tramway (CT) have launched a joint venture to invest more than €600 million in the acquisition...
SL Green sells stake in NYC building to Japan’s Mori Trust
SL Green Realty has sold a 49.9% interest in 245 Park Avenue in New York City to a U.S. affiliate of Japanese firm Mori...
Investcorp adds seven UK industrial assets to European portfolio
Investcorp has acquired seven UK industrial assets with an aggregate value of £60 million through six separate transactions completed between April and June 2023....
Prologis to buy industrial portfolio from Blackstone for $3.1bn
Prologis has agreed to acquire nearly 14 million square feet of industrial properties from opportunistic real estate funds affiliated with Blackstone for $3.1 billion in...
AEW UK REIT divests two industrial assets for £16.1m
AEW UK REIT has divested two industrial assets, being Euroway Trading Estate, Bradford and Lockwood Court, Leeds, for £16,100,000.
This reflects a blended net initial yield (NIY) of 6.2%...
Aviva Investors completes major letting at One Liverpool Street
Aviva Investors has signed a major pre-let agreement with global law firm Dentons at its One Liverpool Street development in London.
Developed for completion...
Ares provides £300m senior loan to refinance central London assets
Ares Management Corporation's European Real Estate Debt team has provided a £300 million senior loan to refinance a portfolio comprised of two marquee central...
