Churchill Real Estate raises $2b for new fund
Churchill Real Estate, a real estate investment firm focused on real estate debt, equity and…
Simon with partners to buy Brooks Brothers for $325m
The 202-year-old New York City–based Brooks Brothers will be purchased for $325 million by a…
Xenia Hotels & Resorts to sell five hotels worth $500m
Xenia Hotels & Resorts has plans to sell five hotels across the country worth more…
Competition for real estate in Europe is set to become fiercer
Competition for real estate in Europe is set to become fiercer over the rest of 2020 due to European investors’ need to allocate capital to assets and funds before the end of the year.
Nuveen collects $500m for U.S. multifamily, industrial funds
Nuveen Real Estate has raised an additional $500 million for its U.S. Cities Multifamily Fund and U.S. Cities Industrial Fund.
In Focus: Terrell Gates on distressed opportunities in cycle-resilient property sectors
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ECE Real Estate Partners launches preferred equity fund
ECE Real Estate Partners has launched the ECE Preferred Equity Fund, securing €100 million ($118…
Apple Hospitality REIT acquires two Hyatt hotels
Apple Hospitality REIT announced the opening and acquisition of the new 105-room Hyatt House and…
City Developments plans to redevelop assets and divest noncore properties
City Developments has plans to redevelop two assets in Singapore — the 38-story Fuji Xerox…
Sydney shows slightly higher hotel performance in July 2020
Sydney showed slightly higher hotel performance in July 2020 but the same significant level of year-over-year declines, according to preliminary data from STR.
European real estate Q2 transactions slide to lowest level in six years during COVID-19
The volume of European commercial real estate investment transactions plunged to the lowest three-month level since 2014 in the second quarter of this year, as the COVID-19 pandemic and associated lockdowns took a grip on markets, but the completion of a handful of large deals in the period, notably in Germany, still underpinned activity relative to other global regions, according to Real Capital Analytics’ (RCA) European Capital Trends Q2 2020 report.