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US commercial property prices stabilize in 2024, retail leads recovery

The U.S. commercial real estate market continued its stabilization in 2024, with promising signs of recovery emerging across property sectors. The RCA CPPI National...

CBRE acquires remaining stake in Industrious for $400m

CBRE Group has agreed to acquire Industrious National Management Company, LLC,  a provider of flexible workplace solutions in the U.S., as part of its...

NBIM and Goodman partner on $3.3bn US logistics portfolio

Norges Bank Investment Management (NBIM) has acquired a 45% stake in a logistics portfolio in the United States through a new joint venture with...

Union Investment offloads hotel complex in Charleston

Germany-based real estate company Union Investment has sold the Hyatt House/Hyatt Place hotel complex in Charleston, South Carolina, to the US investment platform Highline...

Harrison Street divests student housing portfolio in $893m deal

Harrison Street has announced the sale of a student housing portfolio valued at $893 million. The sale includes 14 properties with a total of...

Blackstone bets big on grocery-anchored retail with $4bn acquisition

Blackstone Real Estate Partners X, a fund managed by Blackstone, has entered into a definitive agreement to acquire all outstanding shares of Retail Opportunity...

US commercial property prices fall in September

US commercial property prices declined in September, with the RCA CPPI National All-Property Index showing a 1.9% year-over-year decrease and a 0.3% dip from...

L&G partners with Taurus, pledges $200m for US real estate expansion

British multinational financial services and asset management company Legal & General (L&G) has announced a strategic investment in Taurus Investment Holdings, a Boston-based real estate...

Harrison Street closes ninth US opportunistic fund at $2.5bn

Harrison Street has announced the final close of its ninth US opportunistic real estate fund, Harrison Street Real Estate Partners IX, L.P, at...

Azora and Advenir launch $3bn US rental housing partnership

Spain-based global investment firm Azora and US-based real estate investment and management corporation Advenir have joined forces to create Advenir Azora, a new entity...

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