Tag: US Commercial Real Estate
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...
Equity Residential to buy $1bn apartment portfolio from Blackstone
Equity Residential has agreed to acquire 11 apartment properties from Blackstone Real Estate strategies in separate transactions for approximately $964 million.
Blackstone Real Estate strategies...
Capital growth for UK commercial property turns positive, says MSCI
Returns for UK commercial property improved in Q2 2024, as capital growth turned positive for the first time in two years, according to the...
