ESR sells stake in China Logistics Property for $350m
ESR has sold its 18.16% stake in China Logistics Property Holdings (CNLP) for HK$2.7 billion (HK$4.35 per share-US$350 million).
ESR became a shareholder of China...
AXA IM Alts buys two residential assets in Tokyo for €51.2m
AXA IM Alts has expanded its residential portfolio in Japan with the acquisition of two residential assets in Tokyo for €51.2 million (¥6.9 billion)....
Helical sells Manchester office building for £34.55m
Helical has simultaneously exchanged and completed contracts on the sale of Trinity, an office building in Manchester, to clients of Mayfair Capital, for £34.55m (£590 psf), reflecting a...
Warehouse REIT, Panattoni to deliver 2 msf logistics park in North West
Warehouse REIT has signed an agreement with Panattoni to bring forward the development of up to 2 million sq ft at its logistics hub...
Cromwell divests Brisbane office tower for $108m
Cromwell Property Group has sold an office tower at 200 Mary Street in Brisbane for A$108.5 million to private markets finance and investment house...
Värde Partners to sell stake in Greek shopping center owner for €109m
Värde Partners has agreed to sell its 31.7% stake in Lamda Malls S.A. to the company’s majority shareholder, Lamda Development, for €109 million.
Lamda...
Oaktree, CURA to make voluntary public takeover offer for Deutsche EuroShop
Oaktree Capital Management and CURA Vermögensverwaltung, the family office of the Otto family and parent company of ECE Group, through Hercules BidCo GmbH, will...
LondonMetric buys two retail properties for £23m
LondonMetric has purchased a portfolio comprising two NNN retail properties for £23.3 million, reflecting a blended NIY of 6.7%.
The retail properties generate a rent...
Barings, Canvass Capital form $250m self-storage joint venture
Barings has formed a joint venture with real estate investment management firm Canvass Capital to acquire and develop self-storage properties throughout the Southeastern United...
NBIM to buy 50% interest in Berlin’s Sony Center for €677m
Norges Bank Investment Management (NBIM) has agreed to acquire a 50 percent interest in Sony Center, a mixed-use property located on Potsdamer Straße 4...
Blackstone REIT completes $3.7bn acquisition of Resource REIT
Blackstone Real Estate Income Trust has completed its previously announced acquisition of all of the outstanding shares of common stock of Resource REIT for...
LPC, Harrison Street to build data center and industrial campus in New Albany, Ohio
A joint venture between Lincoln Property Company (LPC) and Harrison Street has acquired a 190-acre land site in New Albany, Ohio to construct a multi-use technology and distribution park...
