Black Creek Industrial REIT IV buys industrial portfolio from Prologis for $920m
Black Creek Industrial REIT IV, a fund managed by Ares Management Corporation, has acquired 48 industrial properties totaling 8.3 million square feet from affiliates...
Skanska sells remaining stake in Bank of America Tower in Houston
Skanska has sold its remaining 10 percent ownership stake in Bank of America Tower in Houston, Texas, USA, for approximately $24 million to an affiliate of...
Blackstone to buy affordable housing assets from AIG for $5.1bn
American International Group, Inc. (AIG) said Wednesday that it has agreed to sell a 9.9% equity stake in its Life & Retirement businesss to...
CPP Investments forms Japan data centre venture with Mitsui
Canada Pension Plan Investment Board (CPP Investments) has formed a data centre joint venture with Mitsui & Co. Ltd., one of Japan's largest general trading and...
BentallGreenOak buys industrial assets in Canada
BentallGreenOak (BGO) has announced the acquisition of Buildings 1, 2 and 3 of the Henday Industrial Park, located in Edmonton, AB, on behalf of...
Boston Properties, CPP Investments and GIC form US office property partnership
Boston Properties, Inc.(BXP), Canada Pension Plan Investment Board (CPP Investments) and Singapore’s sovereign wealth fund GIC have established a co-investment program for future acquisitions...
Garbe buys property near Stuttgart
Hamburg-based real estate developer Garbe Industrial Real Estate GmbH has acquired a plot of land measuring around 100,000 square metres in Baden-Württemberg, Stuttgart.
It is located...
GLP J-REIT raises JPY 28 billion to acquire four logistics assets
Japanese real estate investment trust GLP J-REIT, managed by GLP Group, has raised JPY 28 billion (appr. US$253 million) through its first accelerated global...
Park Hotels & Resorts to sell two San Francisco hotels for $303.5m
Park Hotels & Resorts (Park) on Tuesday said it has agreed to sell Le Meridien San Francisco and Hotel Adagio, Autograph Collection (San Francisco, CA) for...
Hines fund sells office property in Milan to BNP Paribas REIM
Hines European Core Fund (HECF) has sold an office property, Via Crespi, in Milan to BNP Paribas REIM, for an undisclosed price.
Via Crespi, the...
M7 Real Estate purchases office complex in Budapest
M7 Real Estate has purchased an office complex, Terrapark, in Budapest, Hungary, on behalf of M7 CEREF II fund. The purchase price was not...
Arrow, Starwood get development approval for Sydney project
Arrow Capital Partners and Starwood Capital Group have received approval for their office towers project at St Leonards in Sydney.
The Sydney North Planning...
