Meyer Bergman to launch €2bn pan-European last-mile logistics platform
Private investment firm Meyer Bergman plans to create a new €2 billion pan-European last-mile logistics platform allowing institutional investors to tap into surging demand...
M7 sells Dutch industrial portfolio to Canadian real estate investor for €140m
Pan-European investor and asset manager M7 Real Estate has sold a light industrial portfolio in the Netherlands to the Canadian real estate investor, Dream...
PATRIZIA sells iconic office building in Hamburg to Union Investment
PATRIZIA AG has sold the iconic Ericus-Contor office building in Hamburg, Germany, to Union Investment Real Estate GmbH. The purchase price was not disclosed.
The...
Principal buys care home property in Herne
Principal Financial Group’s real estate business Principal Real Estate has acquired development project in the care property sector for its Special AIF Principal Care...
Goldman Sachs, Wellcome completes sale of iQ Student Accommodation to Blackstone for £4.66bn
Goldman Sachs Merchant Banking Division and the Wellcome Trust have completed the sale of iQ Student Accommodation (iQ) to Blackstone for £4.66 billion. The...
IKEA’s shopping malls business plans to enter US retail market
Swedish home furnishings retailer IKEA’s shopping malls business, Ingka Centres, plans to enter the United States retail market in the coming years and is...
JCPenney files for bankruptcy
JCPenney has filed for Chapter 11 bankruptcy on Friday. The 118-year-old company announced it has entered into a restructuring support agreement(RSA) with lenders holding approximately...
Williams-Sonoma extends temporary closure in US and Canada
Williams-Sonoma, a specialty retailer of products for the home, announced that it will extend its temporary closure of U.S. and Canada stores through May...
April retail sales drop nearly twice as much as March during coronavirus pandemic
Retail sales dropped almost twice as much during April as they did in March as the nation’s economy saw its first full month when...
Covivo sells office property in Nanterre, France for €83m
Covivio has sold Respiro, an 11,173 m² office property in Nanterre, to two SCPI funds managed by Atland-Voisin and My Share Company for €83...
Greystone provides $76.7m refi for multifamily property in Huntingdon Valley, PA
Greystone has provided a $76,700,000 Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance Meadowbrook Apartments, a 531-unit multifamily property in Huntingdon Valley, Pennsylvania....
NIKE, Inc. provides COVID-19 update on operations
As of today, 100 percent of NIKE-owned stores and over 95 percent of partner stores in Greater China and South Korea are open, with...
