Tag: US commercial real estate
GLP launches new global data center platform
GLP has launched a new global data center business, Ada Infrastructure. GLP said, serving the digital infrastructure needs of hyperscale companies and large global enterprises,...
Public Storage completes $2.2bn acquisition of Simply Self Storage
Public Storage has completed the previously announced acquisition of Simply Self Storage from Blackstone Real Estate Income Trust for $2.2 billion. The portfolio comprises 127...
Kimco Realty to acquire RPT Realty in $2bn all-stock deal
Kimco Realty, a real estate investment trust (REIT) headquartered in Jericho, N.Y, announced it has reached an agreement to acquire RPT Realty in an...
URW secures $925m financing for Los Angeles shopping center
Unibail-Rodamco-Westfield (URW) has secured $925m of new financing for Westfield Century City shopping center in Los Angeles, California, as part of its ongoing financial...
URW sells Mission Valley shopping centres for $290m
Unibail-Rodamco-Westfield (URW) has completed the sale of both of the parcels which make up the Westfield Mission Valley shopping centres in San Diego, California. The...
EQT Exeter closes US industrial real estate fund at $4.9bn
Global real estate investment manager EQT Exeter has closed its EQT Exeter Industrial Value Fund VI at $4.9 billion, exceeding the fund’s $4 billion target. The...
Prologis to buy industrial portfolio from Blackstone for $3.1bn
Prologis has agreed to acquire nearly 14 million square feet of industrial properties from opportunistic real estate funds affiliated with Blackstone for $3.1 billion in...
Real estate legend Sam Zell dies at 81
Sam Zell, the chairman of Equity Group Investments, Equity LifeStyle Properties, Equity Residential, and Equity Commonwealth, has passed away at the age of 81...
Ikea plans $2.2bn US investment in next three years
Ingka Group, the largest Ikea retailer, has announced an investment of more than €2 billion ($2.2bn) in its omnichannel growth strategy in the United...
GIC, Oak Street complete $15bn Store Capital acquisition
Singapore’s sovereign wealth fund GIC and real estate investment firm Oak Street have completed the previously announced acquisition of all of the outstanding shares of...
