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Research | Dec 3, 2021
Demand for industrial expected to remain high, but increasing new supply will ease the pressure in 2022
Cushman & Wakefield has released its North American Industrial Forecast for 2022/23 showing a projected 855 million square feet of absorption and new supply of industrial properties at 932 million square feet.
Transactions | Dec 2, 2021
Cain and PGIM Real Estate agree on U.K. development funding
Cain International and PGIM Real Estate have agreed to provide a development loan of £191 million (€225 million/$254 million) to finance Union, Vita Group’s new 500,000-square-foot build-to-rent (BTR) development in Manchester, United Kingdom.
Transactions | Dec 2, 2021
Digital Edge completes its largest acquisition to date in Japan
Digital Edge (Singapore) Holdings Pte. Ltd. announced the acquisition of five data-center assets from Itochu Techno-Solutions (CTC) for a total purchase price of approximately $230 million (JPY26 billion), representing Digital Edge’s largest single investment in Japan to date.
Investors | Dec 2, 2021
Robust partnerships take center stage at 2021 iREOC Membership Meeting in San Diego
The iREOC Annual Membership Meeting reconvened for its third year on Nov. 15–17 at the Fairmont Grand Del Mar hotel in San Diego, Calif., attracting more than 100 professionals focused on improving their REOC partnership investments.
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