Rexford buys industrial property for $21m
Southern California industrial property investor Rexford Industrial Realty, Inc., a Los Angeles real estate investment trust, has acquired an industrial property, the 6687 Flotilla...
International tourist numbers could fall 60-80% in 2020, UNWTO says
International tourist arrivals fell by 22 percent in the first quarter of 2020 due to COVID-19 pandemic crisis, according to the latest data from...
Apeiron buys logistics portfolio in Germany for €200m
A partnership between European asset and investment management specialist Apeiron Capital (Apeiron) and Midas International Asset Management has acquired the 150,000 sqm Maple logistics...
New Ease, J.P. Morgan form logistics joint venture in China
China'a logistics real estate platform New Ease, headquartered in Shanghai, and J.P. Morgan Asset Management have formed a new industrial joint venture to invest...
Alibaba to acquire 50% stake in Singapore office tower from Perennial-led consortium
Chinese e-commerce giant Alibaba Group Holding Ltd., through its subsidiary Alibaba Singapore, has agreed to acquire a 50% stake in AXA Tower, a Singapore...
NRF Chief Economist: Recovery likely to come in ‘fits and starts’
With some stores starting to reopen as governors lift stay-at-home orders across the country, economic recovery from the coronavirus pandemic is likely to come...
Hines acquires urban logistics distribution centre in Utrecht
Hines has acquired the 62,000-square-metre Urban Logistics Distribution Centre in Utrecht, The Netherlands, on behalf of the Hines Pan-European Core Fund (HECF) from vendor...
intu provides intu Merry Hill car park for Covid-19 mobile testing unit
intu has provided a car park at intu Merry Hill to the Department of Health and Social Care to create a pop-up mobile Covid-19...
UK Commercial Property REIT sells office asset in City of London
UK Commercial Property REIT (UKCM) announced that it has unconditionally exchanged contracts to sell Eldon House, its only office asset in the City of London, to...
Microsoft to establish its first data center region in New Zealand
Microsoft Corp. announced it plans to establish its first data center region in New Zealand. ''A major milestone toward delivering enterprise-grade cloud services in the country,'' says the company in a statement.
The New Zealand...
Clearbell receives planning permission for 65 Kingsway, London
Clearbell Property Partners III LP (Clearbell), a fund managed by Clearbell Capital LLP, has received planning permission for refurbishment works at Kodak House, 65...
NEINVER reopens its outlet centres in Germany and Poland
NEINVER, a Spanish multinational company specialised in managing, developing and investing in commercial and logistics properties, has opened five outlet centres in Poland under...
