Transactions | Feb 26, 2019 AXA IM – Real Assets acquires Australian hotel portfolio for A$330m by Andrea Zander AXA Investment Managers – Real Assets has acquired a portfolio of four Australian hotels for A$330.4 million ($237.03 million), on behalf of clients. The acquisition is one of the largest hotel transactions in Australia over the past 12 months.
Transactions | Feb 26, 2019 Silverpeak, Legacy and Oaktree acquire portfolio of data center campuses in Cleveland and Cincinnati by Released Silverpeak and Legacy Investing, in partnership with funds managed by Oaktree Capital Management, have announced the acquisition of a portfolio of office, industrial and data center campuses in Cleveland and Cincinnati in a partial office space sale-leaseback transaction with PNC Bank, N.A.
Transactions | Feb 25, 2019 Colorado firm buys Australian ski resorts by Andrea Zander U.K.-based Merlin Entertainments PLC has sold a pair of ski resorts in Australia to Colorado-based Vail Resorts for A$174 million ($124 million).
Transactions | Feb 25, 2019 Colony Industrial sells light industrial properties to Nuveen for $136m by Jody Barhanovich Colony Industrial has sold a light industrial portfolio to Nuveen Real Estate, a division of TIAA, for $136 million.
Transactions | Feb 25, 2019 LaSalle acquires value-add multifamily asset in Dallas by Jody Barhanovich LaSalle Investment Management’s U.S. value-add fund, LaSalle Income & Growth Fund VII, has acquired Rienzi at Turtle Creek, a 152-unit high-rise rental apartment community in the affluent Turtle Creek submarket of Dallas.
Transactions | Feb 25, 2019 The Kushner Cos. buys $1b apartment portfolio by Andrea Zander The Kushner Cos. has purchased a $1.1 billion portfolio of apartments from Lone Star Funds, reported The Wall Street Journal.
Transactions | Feb 25, 2019 Waypoint Residential expands development pipeline by Released Waypoint Residential has plans to develop six projects for a total investment of more than $325 million.
Transactions | Feb 22, 2019 Sonae Sierra acquires stake in Balmain Asset Management by Andrea Zander Sonae Sierra has acquired 50 percent of Balmain Asset Management, an operating partner, co-investor and multi-discipline service provider focused on European retail and leisure assets.
Transactions | Feb 22, 2019 Recent commercial real estate transactions by Alicia Block Transactions reported this week include a hotel in Florida.
Transactions | Feb 22, 2019 Black Creek considers selling $3.5b warehouse REIT by Andrea Zander Real estate investment firm Black Creek Group is considering selling its $3.5 billion industrial property REIT, Industrial Property Trust, according to Bloomberg.
Transactions | Feb 22, 2019 Australian REIT sells office building in Netherlands by Andrea Zander Australian REIT Cromwell Property Group has sold The Bridge office building in Hague, the Netherlands.
Transactions | Feb 21, 2019 HNA to sell London building at discount price by Andrea Zander Chinese conglomerate HNA Group Co. has plans to sell a London office property, the former U.K. headquarters of Thomson Reuters Corp., at a sharp discount.
Transactions | Feb 21, 2019 Hong Kong’s Link REIT acquires $975m for shopping center in Shenzhen by Andrea Zander Hong Kong–based Link REIT has acquired a shopping mall in Shenzhen’s Futian district for RMB 6.6 billion ($982 million).
Transactions | Feb 20, 2019 Brookfield lends $284m to Atlanta’s Piedmont Center by Released Holliday Fenoglio Fowler and Cushman & Wakefield have arranged $284 million in financing for the acquisition of Piedmont Center 14.
Transactions | Feb 20, 2019 ESR closes Propertylink takeover by Released ESR Real Estate (Australia) Pty Ltd has made an unconditional offer to ASX-listed Propertylink to fully acquire the real estate investment manager.
Transactions | Feb 20, 2019 Morgan Properties to pay $1.4b for apartment portfolio by Andrea Zander Morgan Properties Inc. has agreed to pay $1.4 billion for 15 apartment properties with 6,696 units in the Baltimore, Philadelphia and Washington, D.C., areas.
Transactions | Feb 20, 2019 Starwood Capital sells Miami hotel for $610m by Andrea Zander Host Hotels & Resorts has acquired the fee-simple interest in the 429-room 1 Hotel South Beach in Miami Beach, Fla., from Starwood Capital for approximately $610 million.
Transactions | Feb 20, 2019 Oaktree joins Ellis Partners in $142m venture by Released Ellis Partners has completed a $141. 5 million transaction for funds managed by Oaktree Capital Management to purchase a majority stake in the mixed-use Pruneyard complex in Campbell, Calif.
Transactions | Feb 20, 2019 Industrial Logistics pays $905m for two portfolios by Andrea Zander Industrial Logistics Properties Trust has agreed to buy 26 industrial properties with 12.9 million square feet in two transactions for a total of $905.3 million.
Transactions | Feb 19, 2019 Logos and Ivanhoé Australian JV buys site for A$200m development by Andrea Zander Logos and its joint venture partner, Ivanhoé Cambridge, have exchanged contracts to acquire a 15.3-hectare infill development site in Villawood, in Sydney’s West.