Brookfield, Simon Property to acquire JCPenney’s retail and operating assets
J.C. Penney Company, Inc. announced that it has reached an agreement in principle to sell JCPenney through a court-supervised sale process. Brookfield Property Group...
Dutch real estate manager Bouwinvest opens NYC office
Dutch institutional real estate manager Bouwinvest Real Estate Investors has opened an international office in New York.
The company plans to increase its North...
Clarion Partners Europe buys warehouse in Madrid
Clarion Partners Europe (Clarion Europe), formerly known as Clarion Gramercy, the real estate investment fund manager specialising in logistics and industrial assets, has acquired...
McKay completes sale of office building in City of London for £76.5m
McKay Securities Plc (McKay), a commercial property investment company with Real Estate Investment Trust (REIT) status in the UK, has completed the sale of...
IKEA’s shopping malls arm buys retail property in San Francisco
Swedish home furnishings retailer IKEA’s shopping malls arm, Ingka Centres, part of the Ingka Group (which also includes IKEA Retail and Ingka Investments), has...
Covivio completes acquisition of eight hotels for €573m
Covivio announced it has completed the acquisition of the portfolio of eight hotels located in Rome, Florence, Venice (x2), as well as in Nice,...
Cordia acquires private rental sector developer in UK
European residential real estate developer Cordia International has acquired Birmingham-based PRS (private rental sector) developer Blackswan Property Limited. The Blackswan acquisition marks Cordia’s first...
Gaw Capital completes fundraising for IDC platform close to US$1.3bn
Hong Kong-based real estate private equity firm Gaw Capital Partners announced the closing of fundraising for its internet data center (IDC) platform, which targets...
LaSalle secures $456m from the global public offering of LaSalle Logiport REIT in Japan
Global real estate investment manager LaSalle Investment Management (LaSalle) has completed the global public offering of LaSalle Logiport REIT (LLR), raising newly issued equity...
RDI sells UK retail parks portfolio for £156.9m
UK Real Estate Investment Trust RDI has agreed to sale its UK retail parks portfolio of six assets for £156.9 million to M7 Real Estate Limited, on behalf of M7...
CPP Investments partners with GLP for logistics fund in Japan
Canada Pension Plan Investment Board (CPP Investments) has announced a new partnership with GLP, a global investment manager in logistics, real estate, infrastructure, finance...
Frasers Centrepoint Trust to acquire remaining 63.1% in AsiaRetail Fund for S$1.06bn
Frasers Centrepoint Asset Management (FCAM), the manager of Frasers Centrepoint Trust (FCT), will acquire the remaining approximately 63.1% of the total issued share capital...
