ESR closes US$1bn development JV to invest in South Korea logistics properties

ESR closes US$1bn development JV to invest in South Korea logistics properties

APAC focused logistics real estate platform ESR Cayman Limited (ESR), has announced the closing of its development joint venture ESR-KS II with APG and...
Skanska sells office building in Prague to Deka for €77m

Skanska sells office building in Prague to Deka for €77m

Skanska has sold Parkview office building located in Prague, Czech Republic, to Deka Immobilien for €77 million (about SEK 770m). The property comprises of...
Data centre investment in APAC set for a record year, says CBRE

Data centre investment in APAC set for record year, says CBRE

Data centre investment in APAC is set for a record year, with US$1.8 billion in direct data centre investments transacted in the first half...
Ares Management acquires 2,900 residential units across Germany

Ares Management acquires 2,900 residential units across Germany

Ares Management Corporation announced today that a fund managed by its Real Estate Group has acquired a portfolio of 2,900 residential units across several...
Canadian REIT Granite buys logistics properties in Netherlands for €89m

Granite buys logistics properties in Netherlands for €89m

Granite Announces Acquisition of Three Prime Logistics Properties in the Netherlands Largest asset is 45,000 m² Decathlon national distribution centre in Tilburg Granite Real Estate Investment...
Stoneweg acquires majority stake in Swiss Fundim

Stoneweg acquires majority stake in Swiss Fundim

Stoneweg, the Geneva-based real estate investment firm, has acquired a majority stake in Fundim, a Lausanne-based real estate fund manager specializing in collective investment...
Downing backs residential redevelopment of listed Hertfordshire school

Downing backs residential redevelopment of listed Hertfordshire school

Downing has provided an £18.4 million loan to a regional developer to fund the restoration and residential redevelopment of the former Princess Helena College...
US multifamily properties

Waypoint Residential to develop multifamily properties worth $325m

Real estate investment firm Waypoint Residential, LLC will develop six multifamily property projects worth $325 million. These investments include expanding into the...
WeWork appoints Sandeep Mathrani as CEO

WeWork appoints Sandeep Mathrani as CEO

Mathrani to Partner with Executive Chairman Marcelo Claure to Execute WeWork’s Growth-led Transformation WeWork announced that Sandeep Mathrani will join the Company as Chief Executive...
Demire divests logistics property in Leipzig for €121m

Demire divests logistics property in Leipzig for €121m

German commercial real estate company Demire Deutsche Mittelstand Real Estate has sold the LogPark logistics property in Leipzig to a German institutional investor for...
European industrial vacancy rates rise as investment cools in early 2025

European industrial vacancy rates rise as investment cools in early 2025

Investment in European logistics real estate surged to €38.2 billion in 2024, marking a 15% year-on-year increase, according to Savills’ latest research. This uptick...
Legal & General to invest £150m in Sheffield's West Bar Square development

Legal & General to invest £150m in Sheffield’s West Bar Square development

Legal & General will invest £150 million in Sheffield’s West Bar Square development to complete the first phase of this substantial mixed-use project in...

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