ARA Asset Management to acquire prime office building in Seoul,Korea
ARA Asset Management anoounced that it has signed an agreement to acquire prime office building, Seoul Square, via a new private real estate fund...
Promanas reaches 95pct occuppancy at Park Place Five,Ann Arbor
Michigan, Ann Arbor based real estate management firm Promanas has leased totaling more than 39,000 square feet at the Park Place Five office building...
Ashford Trust acquires a hotel in California
Ashford Hospitality Trust, Inc. has acquired Hilton Santa Cruz/Scotts Valley in Santa Cruz, California for $50 million.
To fund the acquisition the company used...
Hines buys Allianz Karlshoehe office portfolio in Stuttgart CBD
Hines has acquired the Karlshoehe office portfolio for more than €300 million on behalf of its Hines European Value Fund (HEVF) in Stuttgart CBD....
UC Davis breaks ground on new student housing development
The University of California, Davis, announced that it has broken ground on the new campus apartment project, The Green at West Village.
At this...
AXA IM-Real Assets buys Australian hotel portfolio
AXA Investment Managers - Real Assets has acquired 831 room Australian hotel portfolio for A$330.4 million.
The acquisition is one of the largest hotel transaction...
CapitaLand completes the final skyscraper of Raffles City Chongqing
CapitaLand announced the completion of the eighth and final skyscraper of Raffles City Chongqing.The company plans to open the highly anticipated 1.12-million-square-metre (sqm) megastructure...
Hyatt and BTG Hotels to create new hospitality brand
Hyatt Hotels Corporation and BTG Hotels Co. have entered a strategic joint venture to create a new hospitality brand to expand across China. The...
Miami’s historic iconic hotel sold to joint venture
A joint venture between Deutsche Finance America, Bilgili Holding and SHVO has purchased the historic Raleigh Hotel property in Miami for $103 million...
Nuveen Real Estate buys nine multifamily properties in the US
Nuveen Real Estate has acquired nine multifamily properties in the United States for a new strategic investment portfolio focused on acquiring and managing institutional...
UK’s Urban Logistics REIT to fund two logistics assets
Urban Logistics, UK industrial and logistics REIT, has signed agreement for the forward funding of two high-quality urban logistics assets at Staffordshire's Stone Business...
LXI REIT buys a care home in Bristol
LXi REIT plc has acquired a Bupa care home in Bristol for £13.8 million, reflecting a 6.4% net initial yield (net of acquisition costs...
