URW sells Promenade development site in Los Angeles

URW sells Promenade development site in Los Angeles

Unibail-Rodamco-Westfield (URW) has sold the 34-acre site of the former Promenade Mall, located in the San Fernando Valley of Los Angeles, to a group...
Office Properties Income Trust sells properties for $61.9m

Office Properties Income Trust sells US properties for $61.9m

Office Properties Income Trust Announces the Sale of Three Properties for $61.9 Million Office Properties Income Trust (Nasdaq: OPI) has sold three properties for an...
Union Investment buys office building in Paris CBD from Invesco

Union Investment buys office building in Paris CBD from Invesco

Union Investment has acquired an office building in the CBD of Paris from global real estate investment manager Invesco Real Estate. The purchase price...
Trammell Crow, CBRE IM announce 1msf industrial development in New Jersey

Trammell Crow, CBRE IM announce 1msf industrial development in New Jersey

Trammell Crow Company (TCC) and its joint venture partner CBRE Investment Management announced plans for Arsenal Trade Center, a 1,077,776-square-foot industrial development in Sayreville,...
Scape completes largest ever student accommodation acquisition in Australia for A$2bn

Scape completes largest ever student accommodation acquisition in Australia for A$2bn

Evergreen, M3 Capital Partners’ principal investment vehicle, has sold its 6,875 bed Urbanest Australia Purpose Built Student Accommodation (PBSA) platform, to global student housing...
L&G sells shopping centre in Northampton

L&G sells shopping centre in Northampton

Evolve Estates, part of M Core, has purchased the Grosvenor Shopping Centre in Northampton from L&G for an undisclosed sum.  The property company, based in...
BVK, Paramount JV buys Times Square retail property for $191.5m

BVK, Paramount JV buys Times Square retail property for $191.5m

A joint venture between German pension fund Bayerische Versorgungskammer (BVK) and Paramount Group has acquired a retail property at 1600 Broadway for $191.5 million from...
IWG reports 6% revenue growth as global workspace network expands

IWG reports 6% revenue growth as global workspace network expands

International Workplace Group plc (IWG), the global flexible workspace provider behind brands including Regus, Spaces, HQ and Signature, reported a 6% year-on-year increase in...
Home REIT acquires 199 properties across England for £85.1m

Home REIT acquires 199 properties across England for £85.1m

Home REIT, the real estate investment trust providing accommodation to homeless people, has paid £85.1 million for 199 properties located across England. These acquisitions were funded...
Fiera and Wrenbridge buy West London site for £50m logistics development

Fiera and Wrenbridge buy West London site for £50m logistics development

Fiera Real Estate and Wrenbridge have acquired 2.9-acres in Hayes, West London to speculatively develop a Grade A urban logistics scheme with a GDV...
CIM Real Estate Finance Trust to sell retail portfolio for $1.3bn

CIM Real Estate Finance Trust to sell shopping center portfolio for $1.3bn

CIM Real Estate Finance Trust (CMFT) has entered into an agreement to sell all of its shopping centers to American Finance Trust(AFIN) for $1.3...
Blackstone's Indurent submits plans for 2.3m sq ft  Staffordshire development

Blackstone’s Indurent submits plans for 2.3m sq ft  Staffordshire development

Blackstone portfolio company Indurent has submitted an outline planning application for a major new logistics and employment hub near Junction 16 of the M6 motorway...

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