ECE to convert office property in Rome to hotel
ECE Group's company ECE Work & Live will convert a listed office property from the early 19th century in Rome, Italy, into a hotel...
HIH Invest and Nrep buy fully pre-let logistics development in Germany
HIH Invest Real Estate, in partnership with Nordic investment manager Nrep, has acquired a logistics development project in Bensheim, southern Hesse, Germany.
The transaction...
Melco acquires 19.99% stake in Crown Resorts for $1.22bn
Australian billionaire businessman James Packer has sold almost half his stake in Crown Resorts for 1.76 billion Australian dollars ($1.22 billion) to Melco Resorts &...
Blackstone, Hudson Pacific to develop studio facilities in UK
Blackstone and Hudson Pacific Properties will develop a major new centre for film, TV and digital production in Broxbourne, Hertfordshire.
Funds managed by Blackstone Real...
BMO REP to invest in European logistics properties for Danish pension fund
BMO Real Estate Partners (BMO REP) has expanded its European logistics mandate with an additional €200m allocation from Danish pension fund PFA Pension, allowing...
Investec provides £80m development loan for Suffolk distribution centre
Investec Real Estate has provided Norton Group with an £80 million financing package to fund the development of a state-of-the-art distribution centre in Suffolk.
The property...
CBRE: New York City retail sector adapt to new reality
New York City’s retail sector experienced significant deceleration in leasing activity in the first half of 2020 intensified by the COVID-19 pandemic, according to CBRE’s...
Cromwell sells three office buildings in Netherlands
Real estate investor and manager Cromwell Property Group has sold three office buildings totalling 12,807 sqm in Netherlands from the Hummingbird portfolio it manages...
Cromwell gets $85m development approval for office building in Canberra
Cromwell Property Group has received approval for its A$85 million development application for new six-storey office building at 19 National Circuit in Canberra’s prestigious...
CTP buys 140,000 sqm land plot to expand Gdańsk Port logistics park
CTP has acquired a 140,000 sqm plot of land located within the Pomeranian Investment Centre (PCI), an industrial park located in the vicinity of the...
Savills IM offloads distribution centre in Straubing
Savills Investment Management (Savills IM) has divested a distribution centre in Straubing, Germany for its European Logistics Fund 2 (ELF 2).
Pan-European commercial real...
AIA, GLP form global logistics real estate investment partnership
Pan-Asian life insurance group AIA Group Limited and GLP have formed a partnership to invest in the global logistics real estate industry and related...
