ESR secures US$700m sustainability-linked loan
ESR Cayman Limited has secured its first sustainability-linked loan (SLL) of US$700 million with an option to upsize it to US$1 billion from a consortium...
Round Hill Capital, CPP Investments form €1bn European PBSA joint venture
Round Hill Capital and Canada Pension Plan Investment Board (CPP Investments) have entered into a joint venture to invest in European purpose-built student accommodation...
Ascott Residence Trust makes fourth student housing investment in US
Ascott Residence Trust (ART) is acquiring a freehold 548-bed student accommodation asset, named Seven07 in Champaign, Illinois, US for US$83.25 million (S$112.4 million).
Seven07 serves...
Cushman & Wakefield invests $150 million in WeWork
Cushman & Wakefield has made a $150 million strategic investment in global flexible space provider WeWork.
As part of the investment, Cushman & Wakefield’s Chief...
Ares to develop over 3,600 affordable rental residential units in Madrid
Ares Management Corporation said Friday that funds managed by the Ares Real Estate Group (Ares) were awarded an innovative public-private partnership with the Community...
KKR buys multifamily property in Jacksonville, Florida
KKR's fund KKR Real Estate Select Trust Inc. (KREST) and RPM Living Investments have acquired The Beach House Apartments, a multifamily property in Jacksonville, Florida.
KKR said...
Kimco Realty, Blackstone REIT form JV for Sunbelt shopping centers
Kimco Realty Corp. has acquired the remaining 70 percent interest in a portfolio of six Publix-anchored, Sunbelt region shopping centers from its existing joint...
Union Investment re-enters US market with Chicago property buy
Union Investment has re-entered the US real estate market with the acquisition of a trophy retail property on Chicago’s most exclusive shopping street, following...
SL Green sells NYC office building for $103m
SL Green Realty Corp. Thursday announced the sale of 590 Fifth Avenue, a 19-story office building in Midtown East, Manhattan, for $103 million.
“Closing on...
Retail leasing activity in APAC markets to pick up next year: CBRE survey
Retail leasing activity in Asia Pacific markets is expected to pick up next year amid solid expansion demand from retailers.
According to a CBRE survey...
Stratus to sell mixed-use property in Austin for $260m
Stratus Properties Inc. has agreed to sell Block 21, a mixed-use entertainment, lodging, office and retail complex located in downtown Austin, Texas, to Ryman...
SEGRO buys 1.7-acre site in East London
SEGRO has acquired off-market a 1.7-acre site in Stratford, East London from a private seller for an undisclosed fee.
The site will be transformed into...
