Multifamily developer launches Opportunity Zone initiative
Multifamily developer and investment firm Pollack Shores Real Estate Group has launched an Opportunity Zone initiative.…
Mount Elbert closes upsized first fund at $382m
Mount Elbert Capital Partners has completed the final closing of its first fund, Mount Elbert…
Colony Industrial buys light industrial warehouses in Northern N.J. and Las Vegas
Colony Industrial has acquired a class A building in Northern New Jersey with 271,176 square…
China, European leaders agree to seek fairer trade rules
Leaders of China, France, Germany and the European Commission agreed Tuesday to seek fairer global trade rules and create “trust-based partnerships."
U.S. investors remain top buyers of Asia Pacific properties
Investors from the United States continued to be the biggest spenders on commercial property in Asia Pacific in the first quarter of 2019, according to South China Morning Post, sourcing data from Real Capital Analytics.
IPERS reports –1.10% net of fee total fund return for CY2018
The $32.45 billion Iowa Public Employees’ Retirement System (IPERS) has reported a net of fee…
CT Realty sells Northern California logistics building for $105m to Bentall Kennedy U.S. Core Fund
Newport Beach, Calif.-based CT Realty has sold a newly-built 1,122,341-square-foot industrial building to Bentall Kennedy (U.S.)…
India-based developer enters U.K.
Sobha Realty, a real estate developer with headquarters in India and Dubai, has made its…
Cousins Properties, TIER REIT merge
Cousins Properties and TIER REIT have merged, creating an office REIT with a combined equity market capitalization of about $5.9 billion and a total market capitalization of approximately $7.8 billion.
Few prime commercial assets in Europe offer yields above 5%
The only prime commercial assets in Europe offering yields above 5 percent are prime logistics warehouses in markets such as Denmark, Czech Republic, Spain, Italy, Portugal, Romania and Belgium, along with prime offices and shopping centers in Athens and Bucharest, and prime shopping centers and retail parks in the United Kingdom, according to Savills’ latest research.