GLP closes US$2.1bn China logistics fund despite COVID-19 uncertainty
GLP has closed its GLP China Income Fund I (GLP CIF I) with a total investment capacity of RMB 15 billion (approximately US$2.1 billion)...
Global law firm signs lease at 22 Bishopsgate in London
Global law firm Covington & Burling has signed a long term lease agreement for 86, 000 sq ft across four floors at AXA IM...
Garbe begins construction of distribution centre in Emden, Germany for Amazon
Garbe Industrial Real Estate GmbH and Bremer AG has begun construction of a new distribution centre in Emden, Lower Saxony/Germany, for the online retailer Amazon.
The...
Mill Creek, QuadReal form $421m JV to invest in US multifamily market
Multifamily developer and operator Mill Creek Residential and global real estate investment firm QuadReal Property Group have formed a joint venture to invest up...
Workspace offers 50 percent rent reduction to tenants
UK-based flexible office space provider Workspace Group PLC (Workspace) has offered tenants a 50 percent rent reduction during the lock-down period.
'We are pleased to...
Helical sells office property in London for £48.5m
A joint venture between London-based property group Helical and The Baupost Group, L.L.C. has sold 90 Bartholomew Close, an office property at Barts Square...
Sentinel Net Lease acquires $16.9M Amazon customer service center in Huntington, WV
Sentinel Net Lease (“Sentinel”) announced the acquisition of an Amazon Customer Service Center in Huntington, West Virginia for $16.9MM, from an affiliate of Lexington Realty...
Real I.S buys office property in Brussels
Real I.S. AG has acquired the company owning the fully let “Platinum” office building located on Avenue Louise 231–235 in Brussels for its “BGV...
Legal & General gets green light for £215m retirement community
Reigate and Banstead Borough Council has approved plans for Legal & General's later living business, Inspired Villages, to deliver one of the UK’s largest...
PAMERA acquires office property in Düsseldorf
PAMERA Real Estate Partners (PAMERA) has acquired an office property with storage/production space at Reisholzer Werftstrasse 38-42, in the south of Düsseldorf. The vendor...
PATRIZIA buys office building in Luxembourg
Pan-European real estate investment firm PATRIZIA AG has purchased AIRE, an office building in Luxembourg City on behalf of its institutional clients. The purchase...
NMHC Rent Payment Tracker finds rent payment rate at 93 percent of prior month
The National Multifamily Housing Council (NMHC) found that 84 percent of apartment households made a full or partial rent payment by April 12 in its second survey of 11.5 million units of professionally...
