Ascott Residence Trust to sell serviced residence in Shanghai
Singapore-listed hospitality trust Ascott Residence Trust (ART) has agreed to sell a serviced residence, Somerset Xu Hui Shanghai in China for RMB 1,050 million...
Continental announces investment of new automotive manufacturing location in Texas
This is the company’s second automotive manufacturing location in TexasCommitment for long-term investment totals approximately $110 million (about €100 million)The investment retains nearly 450...
Logicor agrees to forward fund distribution warehouse in Derby
Logicor has expanded its presence in the UK with a forward-funding agreement for a 500,000 sq ft distribution warehouse in Derby.
The prime logistics...
ElmTree invests over $1.5bn in net lease assets last year
ElmTree Funds has invested over $1.5 billion in industrial net lease assets across the United States last year.
Focusing on acquiring build-to-suit properties net leased to...
Columbia Property Trust completes sale of office park in suburban Los Angeles
Columbia Property Trust, Inc. (NYSE: CXP) today announced that it has completed the sale of Pasadena Corporate Park, a three-building office complex containing 260,000...
Aldi plans £550m UK investment this year
Aldi is set to invest over £550 million in the expansion and enhancement of its UK store and distribution network throughout 2024.
The initiative includes...
City of London approves 38-storey office development at 2 Finsbury Avenue
The City of London Corporation has approved a new 38-storey office tower development at 2 Finsbury Avenue, in the Square Mile in 2021.
The development...
LPC West and Cerberus acquire nearly 30-acre site in Oceanside; plans call for development...
LPC West, the West Coast arm of national real estate firm Lincoln Property Company, together with an affiliate of Cerberus Capital Management, L.P. (“Cerberus”),...
Deka Immobilien acquires newly built logistics property near Paris
Deka Immobilien has acquired a newly built logistics property in Europe's largest metropolitan region, Ile de France, near Paris.
The seller is Gemfi, the development...
Allianz continues to grow multifamily portfolio in Japan
Allianz Real Estate has entered into a sale and purchase agreement to acquire a portfolio of multifamily assets in Tokyo, Japan for €75 million.
The...
Commercial real estate forecast: Urban multifamily properties will rebound in 2021
Moody’s Analytics today announced new forecasts for commercial real estate (CRE) rents and vacancies covering eight property types and more than 3,000 submarkets across...
DRC Savills IM provides senior loan for Madrid student accommodation
DRC Savills Investment Management LLP, a real estate debt specialist under Savills IM, has granted a senior loan for the refinancing of Coliseo Europea...
