Union Investment, Service KVG Hansainvest JV buys office property in Munich
A joint venture between Union Investment and Service KVG Hansainvest has acquired KONRAD, an office campus property in the east of Munich from Ardian,...
Ardian to acquire commercial property portfolio in Italy from MPS
Ardian, a private investment firm, has signed an agreement with Banca Monte dei Paschi di Siena(BMps) for the acquisition of a commercial property portfolio...
Taubman sells interest in China shopping center to Blackstone
Taubman Centers, Inc., an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 26 regional, super-regional and outlet...
Cromwell sells 50% stake in Chatswood office building for A$120m
Cromwell Property Group has sold a 50% stake in 475 Victoria Avenue, Chatswood, a business centre in Sydney’s North Shore region, for A$120 million,...
KKR, IGIS and SK D&D acquire Namsan Square in Seoul
Global investment firm KKR, Korea’s largest real estate fund manager IGIS Asset Management (“IGIS”), and leading Korean real estate developer SK D&D today announced...
New World sells interests in two Hong Kong shopping malls for HK$3bn
New World Development Company Limited (NWD) has sold all of its economic interests in two shopping malls to MTR Corporation for HK$3 billion ($380...
Commerz Real buys hotel in Kyoto, Japan for €200m
Commerz Real, a subsidiary of Commerzbank AG, has acquired a hotel, Onyado Nono in Kyoto, Japan for €200 million for its open-ended real estate...
Google announces $10 billion investment for 2020 in U.S
Sundar Pichai, CEO of Google and Alphabet announced that Google will invest more than $10 billion in offices and data centers across the United...
Ocean West led group buys student housing property at UC Davis
An investment group led by Ocean West Capital Partners (Ocean West), Tiger Alternative Investors, Ltd., Korea Investment & Securities Co., Ltd. and Landmark Properties...
CIT arranges $66m financing for acquisition of industrial properties
CIT Group's Real Estate Finance business, part of its Commercial Finance division, has arranged $66 million in financings on behalf of BKM Capital Partners, a real estate fund manager,...
Helical sells office campus in London for £41.58m
London-based property developer Helical plc has sold Power Road Studios, a multi-let office campus in Chiswick, London W4, to a private UK Investment Manager,...
KanAm Grund Group buys office building in Dublin
KanAm Grund Group, an international real estate investment, consultancy and asset management company, has purchased One Upper Hatch Street, the fully let office building in...
