JLL Income Property Trust buys life sciences building in New Jersey for $47m
JLL Income Property Trust has purchased 170 Park Avenue, a 147,000-square-foot, purpose-built life sciences building in Florham Park, New Jersey for $47 million.
The property...
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...
Link REIT buys 50% interest in Shanghai shopping mall for $429m
Hong Kong-listed Link Real Estate Investment Trust (Link REIT) announced Wednesday that it has agreed to acquire 50% interest in Qibao Vanke Plaza, a...
Morgan Properties, Olayan America buy massive multifamily portfolio for $1.75bn
Morgan Properties and Olayan America have acquired a portfolio of 48 apartment communities and 14,414 units in 11 states for $1.75 billion.
The joint venture...
Ares Management, Generation buy PBSA assets in UK for £157.5m
A joint venture between a fund managed by the Ares Real Estate Group and Generation Partners has acquired two purpose-built student accommodation (PBSA) assets...
Angelo Gordon, Marcol launch European self storage platform
Private equity investment company Marcol and alternative investment firm Angelo Gordon have formed a new joint venture, named Space Plus, to invest in the...
Trammell Crow to launch logistics development business in Europe
Dallas-based commercial real estate development firm Trammell Crow Co. (TCC), an independently operated subsidiary of CBRE Group, Inc., plans to launch a logistics development...
Blackbrook buys convenience store portfolio in Spain
European real estate investment firm Blackbrook Capital has acquired a portfolio of 22 convenience grocery stores in Spain from public real estate company Lar...
JV to invest €280m in Belgian residential rental market
Bouwinvest Real Estate Investors and CBRE Global Investment Partners (CBRE GIP) have formed a joint venture with Belgian real estate developer ION to invest...
Michelin-leased distribution facility in Chicago sells for $135m
Bahrain-based investment firm GFH Financial Group has acquired a distribution facility in Chicago, Illinois for US$135 million.
The real estate asset has been leased since...
Real I.S. acquires office building in Ingolstadt, Germany
Real I.S. has acquired an office building in Ingolstadt, Germany for its real estate fund, Real I.S. SCF I.
The property was completed in...
AEW acquires residential asset in Amsterdam
AEW has acquired a prime residential asset in the Oostenburg urban development project in Amsterdam on behalf of a new mandate for a German...
