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TA Realty closes value-add fund at $1.8bn

TA Realty LLC has announced the final close of TA Realty Value-Add Fund XIII with total equity commitments of approximately $1.8 billion. Fund XIII is...

Longpoint raises $940m for third institutional fund

Boston-based real estate investment firm Longpoint has announced the final closing of its third institutional fund, Longpoint Fund III, L.P. (Fund III). Fund III was oversubscribed,...

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...

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