Ascott buys serviced residence in Sydney for A$202M
Singapore-based CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott), has acquired a freehold serviced residence in the Central Business District of North...
IKEA’s shopping malls business plans to enter US retail market
Swedish home furnishings retailer IKEA’s shopping malls business, Ingka Centres, plans to enter the United States retail market in the coming years and is...
Asia Capital Real Estate closes $325m credit fund
Asia Capital Real Estate (ACRE) has raised over $325 million of commitments for its fourth fund, ACRE Credit I, exceeding its initial $300 million...
Global data centre construction faces pressure amid AI-fuelled demand surge
The global rush to build next-generation data centres designed to power artificial intelligence (AI) workloads is putting mounting pressure on construction supply chains and...
Shopping centre in Londonderry sells for £27m
Savills Northern Ireland has completed the sale of the iconic Foyleside Shopping Centre in Derry/Londonderry, in Northern Ireland, a prime retailing destination in the...
Charter Hall, GIC JV acquires Grade A office property in Sydney
A joint venture bertween Singapore’s sovereign wealth fund GIC and Australian property investment company Charter Hall, has acquired the Jessie Street Centre, a Grade...
Immofinanz completes sale of two office properties in Vienna for €60m
Commercial real estate company Immofinanz has completed the sale of two office properties in Vienna to the Austrian Winegg Group for €60 million.
The two office...
Blackstone, Digital Realty form $7bn data center development joint venture
Digital Realty and Blackstone are establishing a $7 billion joint venture to develop hyperscale data centers in Europe and North America.
Blackstone-affiliated funds led by...
Crossbay grows logistics portfolio in Spain with €60m acquisition
Pan-European urban logistics platform Crossbay has acquired a 43,000 sq.m last-mile logistics warehouse in Montcada, Barcelona for €60 million.
Crossbay said the transaction marks its...
HIH Invest buys office building in Osnabrück
HIH Invest Real Estate has purchased an office building at Albert-Einstein-Strasse 2 in Osnabrück, Lower Saxony.
The DGNB Platin certified office building, built in 2014,...
TikTok leases new office building in London
TikTok, the social media platform owned by Chinese company ByteDance, has leased the whole of Kaleidoscope, the new 88,500 sq ft office building in...
M&GPrudential invests £875m in City Of London office complex
M&GPrudential will invest £875 million in 40 Leadenhall in the City of London to develop a new 905,000 square foot prime office complex.
M&GPrudential...
