Fundraising
Allianz completes Germany real estate debt deal, increases debt fund to €1.5b
Allianz Real Estate has completed a prime real estate debt deal in Germany as sole…
Transactions
Starwood Property Trust to plan $593m Irish sale
Starwood Property Trust has plans to sell a portfolio of offices in Dublin, reported Bloomberg,…
Transactions
GPT to buy Sydney office complex for A$531m
Diversified property group GPT is seeking A$800 million ($550 million) in capital to invest in…
Research
Prime rent in San Francisco rivals global office markets
Prime office rents in San Francisco moved the city up from the 22nd most expensive office market in 2013 to the 12th in 2019, according to CBRE’s Global Prime Office Occupancy report.
Transactions
Tallest tower in Texas sells for $627m
Cerberus Capital, in partnership with Hines, has agreed to acquire the 600 Travis building, a 75-story office property known as the tallest tower in Texas, reported Real Estate Alert.
Transactions
Transwestern Investment Group sells 1.5msf industrial portfolio
Transwestern Investment Group has sold a 1.5 million-square-foot industrial portfolio on behalf of the Diversified…
Transactions
Cording Real Estate Group buys Berlin office for €225m
Deutsche Real Estate has sold Carrée Seestraße in Berlin’s Wedding district for €225 million ($252 million).…
Investors
State Universities Retirement System commits $30m to real estate
The $28.3 billion State Universities Retirement System (SURS) has committed $30 million to the global…
Transactions
Dream Industrial REIT sells industrial portfolio for C$271m
Dream Industrial REIT has sold properties located in the Eastern Canada region to KingSett Capital.
Research
S&P Global Ratings rates NextEra Energy “best in class” in ESG evaluation
S&P Global Ratings has published its inaugural ESG Evaluation, beginning with an analysis of Florida-based energy company NextEra Energy.