CPP Investments and Goodman form €8bn European data centre joint venture
Canada Pension Plan Investment Board (CPP Investments) has agreed to establish a A$14 billion (€8 billion) European data centre partnership with Goodman Group, marking its...
WeWork to close 40 locations in US to reduce costs
Global flexible space provider WeWork Thursday said it plans to exit approximately 40 underperforming locations in the United States.
The closures, comprised of approximately 41,000...
Nike closes stores in multiple countries amid coronavirus outbreak
Sportswear giant Nike announced that it has decided to close all its stores in multiple countries around the world including in the United States,...
Argyll names Emily Smith as CEO
London-based flexible office provider Argyll has appointed Emily Smith as its new Chief Executive Officer.
Smith, who has spent the past five years as Argyll’s...
Perial AM pays €47m for senior tourist residence in Portugal
Perial Asset Management has acquired a tourist residence, currently under development, dedicated to seniors located in the seaside resort of Vilamoura in Portugal for...
Amazon to hire 75,000 more workers amid coronavirus pandemic
On March 16, Amazon had announced it would hire an additional 100,000 people in full and part-time jobs across its operations network 'to keep...
Workspace sees improved letting conversion in Q3 as rent pressure persists
Workspace Group PLC has reported third-quarter performance broadly in line with expectations, as modest operational improvements offset softer market conditions and continued portfolio disposals...
AXA IM Alts makes first PBSA acquisition in London
AXA IM Alts has made its first purpose built student accommodation (PBSA) asset acquisition in London.
The company acquired Vita Student Lewisham Exchange, a 758-bed...
CIM Group to acquire regional shopping mall in Los Angeles
CIM Group has signed a purchase and sale agreement to acquire Baldwin Hills Crenshaw Plaza, a regional shopping mall in the Baldwin Hills/Crenshaw market...
Bain Capital and Freo complete largest single-asset office sale in Barcelona
Bain Capital and Freo Group have completed the sale of the Estel Building in central Barcelona to InmoCaixa, the real estate arm of CriteriaCaixa.
Bain...
APF International sells Las Palmas in Rotterdam
Belgium-based investment firm Buysse & Partners has completed the acquisition of the iconic Las Palmas building at Kop van Zuid in Rotterdam from an institutional...
Greystone provides $76.7m refi for multifamily property in Huntingdon Valley, PA
Greystone has provided a $76,700,000 Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance Meadowbrook Apartments, a 531-unit multifamily property in Huntingdon Valley, Pennsylvania....
