Transactions | Jun 4, 2019 BlackRock Real Assets acquires pan-European hostel portfolio by Andrea Zander BlackRock Real Assets has acquired a pan-European hostel portfolio as part of a €100 million ($112 million) joint venture with hostel operator Amistat International.
Transactions | Jun 4, 2019 Ventas partnership to buy $1.8b senior housing portfolio by Released Ventas has signed a definitive agreement to acquire a class A portfolio of 31 purpose-built seniors housing communities and four in-progress developments in the Quebec, Canada, market by investing through an 85/15 percent equity partnership with Le Groupe Maurice.
Transactions | Jun 4, 2019 Middle East investor buys Birmingham, U.K., asset by Andrea Zander LGIM Real Assets has sold The Lewis Building and its neighbor Priory Court, a prominent city center office block in Birmingham.
Transactions | Jun 4, 2019 Greystar makes first foray into Spanish private rented sector by Released Greystar Real Estate Partners has acquired 48 Gran Vía in Madrid, its first transaction in Spain’s residential sector.
Transactions | Jun 4, 2019 Inland sells three multifamily properties in Colorado for $206m by Released Inland Private Capital Corp. has sold three upscale multifamily properties located in Colorado, for a gross sale price of $206.5 million.
Transactions | Jun 3, 2019 Hospitality Properties Trust to acquire net lease portfolio for $2.4b by Released Hospitality Properties Trust has entered into a definitive agreement to acquire a net lease portfolio from Spirit MTA REIT for $2.4 billion in cash, excluding transaction costs.
Transactions | Jun 3, 2019 Migdal acquires trophy NYC office building by Released Migdal Insurance has closed its acquisition of a 35 percent interest in the centrally located trophy building at 425 Lexington Avenue in New York City.
Transactions | Jun 3, 2019 Heitman acquires German rented-residential portfolio by Released Heitman has acquired a portfolio of rented-residential properties diversified across three German metropolitan regions that include Hamburg, Frankfurt, and Cologne and Düsseldorf.
Transactions | Jun 3, 2019 Blackstone acquires $18.7b logistics portfolio by Andrea Zander Blackstone has entered into an agreement to acquire assets from three of GLP’s U.S. funds for a purchase price of $18.7 billion.
Transactions | Jun 3, 2019 Transwestern to manage Sumitomo’s $800m portfolio by Andrea Zander Sumitomo Corp. of Americas has chosen Transwestern Commercial Services to handle property management services for an $800 million, 3.1 million-square-foot class A office portfolio, which represents the company’s entire U.S. holdings.
Transactions | Jun 3, 2019 Host Hotels & Resorts to sell three Brazilian assets by Andrea Zander Host Hotels & Resorts has plans to sell its three hotels in Rio de Janeiro and exit the Brazilian market, reported Reuters, citing people familiar with the matter.
Transactions | May 31, 2019 Sansome Pacific Properties pays $324m for sporting goods chain locations by Andrea Zander A joint venture led by Sansome Pacific Properties, a real estate investment firm based in San Francisco, has acquired 11 Cabela’s locations from Bass Pro Shops for $324.3 million.
Transactions | May 31, 2019 Qatar fund buys stake in Malaysian shopping mall by Andrea Zander The Qatar Investment Authority (QIA), through its unit QPBJ Sdn Bhd, purchased a stake in Malaysia’s Pavilion Bukit Jalil mall from listed property developer Malton Bhd.
Transactions | May 31, 2019 CPH sells stake in Crown Resorts for $1.22b by Andrea Zander Australia-based Consolidated Press Holdings (CPH) has sold part of its shareholding in Crown Resorts in order to diversify CPH’s investment portfolio.
Transactions | May 31, 2019 Google buys another Manhattan office building by Andrea Zander Google reportedly has paid an estimated price of $591.8 million for the Milk Studios office building in Manhattan's Meatpacking District. The seller was Jamestown Properties, which purchased the asset in 2013 for $284 million.
Transactions | May 31, 2019 Sekisui House sells Japanese portfolio to REIT for $642m by Andrea Zander Japanese developer Sekisui House has sold three offices and four residential buildings across Tokyo, Osaka and Kanagawa to its Sekisui House REIT for ¥70.14 billion ($641.8 million).
Transactions | May 31, 2019 Madison International Realty acquires stake in Capital & Countries by Released Madison International Realty has acquired a 3.12 percent stake in Capital & Counties Properties, on behalf of clients, and now holds approximately 26.5 million shares.
Transactions | May 31, 2019 MetLife and Granite Properties to develop Atlanta asset with Invesco as anchor tenant by Released MetLife Investment Management (MIM), MetLife Inc.’s institutional asset management business, in partnership with Granite Properties, a commercial real estate investment, development and management company, has announced that global investment management company, Invesco, will become the anchor tenant of the future Midtown Union development in Atlanta.
Transactions | May 31, 2019 Blackstone sells more than $1b of its stake in home-rental business by Andrea Zander Blackstone Group has sold more than $1 billion of shares of Invitation Homes, reported The Wall Street Journal.
Transactions | May 30, 2019 WeWork and Aviva Investors collaborate at 50/60 Station Road, Cambridge by Released WeWork, a shared workspace and community company, and Aviva Investors, the global asset management business of Aviva, have entered into a lease and revenue share agreement at 50/60 Station Road, a landmark office redevelopment in the center of Cambridge in the United Kingdom.
