ESR Australia buys redevelopment site in Acacia Ridge, Queensland
ESR Australia Development Partnership (EADP) has acquired an 18 ha infill redevelopment site at 1502 Beaudesert Road in Acacia Ridge, Queensland.
According to the...
Benson Elliot, GCI pre-let 22,000 sqm at Paris office building
A joint venture between Benson Elliot, the London-based private equity real estate manager, Générale Continentale Investissements (GCI), the Paris real estate investment group, Canadian...
AECOM to relocate its global headquarters in Los Angeles
AECOM (NYSE:ACM), the world’s premier infrastructure consulting firm, today announced it will relocate its global headquarters from the Century City business district in Los...
Pretium, Ares Management to acquire Front Yard in $2.4bn deal
A partnership led by Pretium and including funds managed by the Real Estate Equity and Alternative Credit strategies of Ares Management Corporation, has signed...
HBC unveils HBC Properties and Investments
HBC has unveiled HBC Properties and Investments (HBCPI), a dedicated real estate and investments business to manage, maximize and enhance the company’s robust portfolio...
Alibaba to invest $3.6bn in Chinese supermarket chain Sun Art
Alibaba Group Holding Limited will invest USD3.6 billion to acquire a controlling stake in Sun Art Retail Group Limited, a hypermarket and supermarket...
Investec provides £36m loan for BTR development in Woolwich, London
Investec's Structured Property Finance team (Investec) has agreed to provide Comer Homes, the UK residential property developer, with a £36 million, five-year senior debt facility....
India’s Prestige Group signs deal with Blackstone to sell commercial properties
Prestige Group, a property development company in South India, said on Saturday that it has signed term sheets with Blackstone, a global private equity...
ARA Venn awarded £3bn Affordable Housing Guarantee Scheme in UK
Singapore-based global asset manager ARA Asset Management Limited (ARA) said on Sunday that its subsidiary, ARA Venn, an investment manager in European real estate...
Retail sales growth speeds up as September marks fourth month of gains
A strong rebound in apparel led a continuing V-shaped recovery from the pandemic as retail sales accelerated their rate of growth in September and...
Amazon to open two new fulfillment centers in Kansas
Amazon.com, Inc. said today it plans to open two new fulfillment centers in Kansas. The new fulfillment centers are anticipated to launch in 2021.
The new...
SBB acquires healthcare portfolio in Finland for €222m
Nordic real estate company Samhällsbyggnadsbolaget i Norden AB (SBB) has agreed to acquire a portfolio of 55 healthcare properties, mainly nursing homes and care...
