Tag: US commercial real estate
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...
Knight Frank, Berkadia to establish global capital markets platform
UK-based property consultancy firm Knight Frank and Berkadia, a US-based commercial real estate group and joint venture of Berkshire Hathaway and Jefferies Financial Group,...
Savills expects global investment activity to rebound in H2 2023
In its global real estate outlook for 2023, Savills says that it expects investment activity to rebound in the second half of 2023, as...
LGIM Real Assets launches US real estate equity platform
Legal & General Investment Management Real Assets (LGIM RA) has announced the launch of a dedicated real estate equity platform in the United States. The...
University of California to invest $4bn in Blackstone REIT
The Office of the Chief Investment Officer of the Regents of the University of California (UC Investments) and Blackstone have formed a long-term...
Partners Group buys hyperscale data center platform EdgeCore in US
Swiss-based global private equity firm Partners Group has acquired EdgeCore Digital Infrastructure (EdgeCore), an owner, operator, and builder of hyperscale data centers in the US,...
WeWork to close 40 locations in US to reduce costs
Global flexible space provider WeWork Thursday said it plans to exit approximately 40 underperforming locations in the United States. The closures, comprised of approximately 41,000...
Tishman Speyer, Mitsui Fudosan form US logistics joint venture
Tishman Speyer and Mitsui Fudosan America (MFA), the U.S. subsidiary of Japan's largest real estate company Mitsui Fudosan Co., have formed a new programmatic joint venture dedicated to...
KB Asset Management enters strategic relationship with Bridge Investment Group
Korea's KB Asset Management (KBAM) has entered into a strategic relationship with Bridge Investment Group intended to strengthen its overseas real estate management and...
German asset manager buys office building in Sunnyvale, California
Hamburg-based real estate investment manager Union Investment has bought The Catalyst office building in Sunnyvale, California. The company acquired the property on behalf of Union Investment Real...
