PATRIZIA buys hotel development in Lisbon
PATRIZIA AG has acquired a landmark hotel development, Tagus Square, in Lisbon, Portugal from a private individual on behalf of a German pension fund....
JLL Income buys Class A medical office property in San Diego
JLL Income Property Trust has acquired a Class A medical office property, Genesee Plaza, in San Diego, California for $90 million.
“The acquisition of Genesee...
CBRE Group to buy London’s Telford Homes for £267.4m
CBRE Group plans to acquire Telford Homes Plc, London-focused multifamily residential and mixed-use property developer, with a development in-process portfolio (total project cost) of...
Saudi Arabia’s Arbah Capital buys retail property in Glasgow for £60m
Saudi-based Arbah Capital has acquired a landmark retail property, Sauchiehall Building, in Glasgow, UK, for £60 ($76) million through a shariah compliant investment structure.
The...
Allianz and Barings finance San Francisco office building acquisition
Allianz Real Estate and financial services firm Barings have provided $319 million in debt financing to support the acquisition of 650 Townsend, a premier...
Unite Group acquires Liberty Living for £1.4bn
Student accommodation developer Unite Group has agreed to acquire Liberty Living Group Plc, a student accommodation business, from Liberty Living Holdings Inc., a wholly...
Singapore’s Suntec REIT to acquire Grade A office building in Sydney
Singapore-listed real estate investment trust Suntec REIT has agreed to acquire Grade A office building located at 21 Harris Street, Pyrmont, Sydney for A$297.0...
CyrusOne starts construction of third data center in Frankfurt
Global real estate investment trust (REIT) company CyrusOne Inc. has started the construction works of its third data center in Frankfurt, Germany.
The facility...
Allianz, VGP form €1.7bn JV to invest in European logistics assets
VGP NV, the Antwerp-based pan-European logistics developer and Allianz have formed a new 50:50 joint venture, VGP European Logistics 2, to invest in core...
GIC and Equinix form US$1bn JV to invest in Europe data centers
GIC, Singapore-based sovereign wealth fund, with US$100 billion in assets under management, and Equinix, the global interconnection and data center company, have agreed to...
Blackstone’s EQ Office acquires two office buildings for $1.2bn in Seattle
Blackstone's EQ Office, the U.S. office portfolio operating company, has acquired two office buildings in Seattle, U.S. Bank Centre and 999 Third Avenue, for reportedly...
Korean investor acquires 50% stake in Milan office property
Meritz Financial Group, a South Korean financial holding company with a market cap of Euro 1.6 billion and consolidated assets of Euro 40 billion,...
