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Slate raises $572m for second opportunistic real estate fund

Slate Asset Management has raised C$572 million for Slate Canadian Real Estate Opportunity Fund II (SCREO II). The fund targets opportunistic real estate investments across...

Blackstone to buy PS Business Parks for $7.6bn

Blackstone has agreed to acquire PS Business Parks for $7.6 billion. PS Business Parks(PSB) and Blackstone Monday said that they have entered into a definitive...

Korean investor buys distribution center in west Houston for $190m

South Korea-based international investor Mirae Asset Global Investments has acquired a 1.5 million-square-foot distribution center located on a headquarter campus in suburban Houston, Texas...

SL Green to acquire 450 Park Avenue for $445m

SL Green Realty has agreed to acquire 450 Park Avenue in New York City for $445 million from Oxford Properties. Ideally located at the...

LPC partners with DivcoWest to develop office tower in Austin

Lincoln Property Company(LPC) and co-developer Phoenix Property Company have partnered with DivcoWest to develop The Republic, an 833,000 sq. ft. office tower in downtown Austin. The partners have secured the building's...

€254bn capital raised for global non-listed real estate in 2021

Capital raising activity reached a record high in 2021, with at least €254 billion of capital raised for non-listed real estate investment globally, according...

Harrison Street sells US healthcare real estate portfolio for $600m

Harrison Street has sold a portfolio of 27 healthcare properties in the United States to Canada-based REIT NorthWest Healthcare Properties for US$600 million. The portfolio...

Blackstone to acquire American Campus Communities for $12.8bn

Blackstone has agreed to acquire American Campus Communities, the largest developer, owner and manager of student housing communities in the United States, for $12.8...

AXA IM Alts appoints Stephan Ackermann as Head of Client Group...

AXA IM Alts has appointed Stephan Ackermann to the newly created role of Head of Client Group, North America. AXA I Alts said this...

Hines establishes global digital strategy office

Global real estate firm Hines has announced the establishment of a Global Digital Strategy Office (GDSO) and the promotion of Ilene Goldfine, Jeannie Schneider,...

Google announces $9.5bn investment for new offices, data centers in US

Google on Wednesday said it plans to invest approximately $9.5 billion in its US offices and data centers in 2022.  The company expects to create...

PGIM Real Estate completes $42.7bn in transactions globally in 2021

PGIM Real Estate Wednesday said it completed a record $42.7 billion in transactions globally in 2021, up 43% from the prior year, including $35...

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