U.S. retailers lead expansion to new markets
Retailers’ expansion into new markets increased by 2 percent in 2016, down from 3.1 percent.
Ares raises $415m for U.S. real estate fund
Ares Management has raised $415 million for its real estate fund.
DivcoWest raises $1.4b for fifth fund
DivcoWest has raised $1.385 billion for its fifth fund.
Simon to invest $1b in 2017 to enhance its retail properties
Simon Property Group has plans to invest $1 billion into the retail sector in both 2017 and 2018, with a focus on adding to the guests’ experience, a growing demand in the sector.
Mulifamily housing construction slips in April
The value of new construction in April dropped 13 percent from the previous month to a seasonally adjusted annual rate of $647.8 billion, according to Dodge Data & Analytics.
Haseko to add $300m mixed-use complex to Hawaii resort
Haseko Development has plans for a $300 million major expansion to its resort on the…
Phillips Edison Grocery Center REIT I to acquire real estate assets and asset management business
Phillips Edison Grocery Center REIT I has plans to acquire the real estate and asset…
Hammerson JV proposes £1.4b redevelopment in London
Hammerson and its partner has submitted a planning application for a £1.4 billion redevelopment plan.
L.A. office sales decrease in Q1 2017
Office property sales in Los Angeles during the first quarter of 2017 were $1.9 billion, down from $3.6 billion during the fourth quarter 2016 and down from the $2.6 billion sold during the first quarter 2016.
ADIA to sell €1.5bn Paris office assets
The Abu Dhabi Investment Authority is seeking offers for Paris office buildings valued at €1.5 billion ($1.7 billion), according to Bloomberg.