Transactions | Dec 19, 2019 Joint venture sells Boston office tower for $482m by Andrea Zander A joint venture of The Fallon Company and Barings, on behalf of an institutional investor, has sold One Marina Park Drive, a 491,573-square-foot multi-tenant office tower with coveted street-level retail space in Boston.
Transactions | Dec 19, 2019 Genesta fund sells Copenhagen office for €190m by Released Genesta has sold the prime office property Kalvebod Brygge 32 in central Copenhagen.
Transactions | Dec 19, 2019 Middle Eastern investor eyes luxury hotel in Beverly Hills by Andrea Zander Maybourne Hotel Group, a Qatari-backed firm, is in talks to acquire the 201-room Montage Beverly Hills in Beverly Hills, Calif.
Transactions | Dec 19, 2019 Arlington City Council approves $810m expansion project by Andrea Zander The Arlington (Texas) City Council has approved the planned $810 million expansion of the Entertainment District.
Transactions | Dec 19, 2019 Tishman Speyer and GIC sell office complex in Hyderabad, India by Released Tishman Speyer and GIC, Singapore’s sovereign wealth fund, have sold the WaveRock office complex in Hyderabad, India.
Transactions | Dec 18, 2019 Blackstone to buy Hansteen for €590m by Andrea Zander Hansteen Holdings has agreed to a £500 million (€588 million/$653 million) takeover from Blackstone Group.
Transactions | Dec 18, 2019 M&G Real Estate adds second Japanese residential portfolio for this year by Released M&G Real Estate has acquired a residential portfolio of 12 properties in Japan as part of its core Asian property strategy managed by Richard van den Berg for institutional investors.
Investors | Dec 18, 2019 CBRE: Real estate market welcomes “Phase-One” China-U.S. Trade Deal by Released China and the United States announced on Friday (December 13) they had agreed to the terms of a “Phase-One” trade deal. Although details are still emerging, reports indicate the agreement involves the United States reducing some tariffs on Chinese goods and China committing to purchasing a substantial volume of U.S. agricultural, energy and manufactured goods.
People | Dec 18, 2019 Montana Board of Investments searches for new CIO by Kali Persall The Helena-based Montana Board of Investments is seeking a new chief investment officer to direct the investment activity and administration of roughly $20 billion in state assets.
Transactions | Dec 18, 2019 Munich Re agrees to buy Manhattan skyscraper by Released Munich Re Group, advised by MEAG, has agreed to acquire the 330 Madison Avenue building in New York City.
Fundraising | Dec 18, 2019 Gaw Capital Partners completes final close for Gateway Real Estate Fund VI by Kali Persall Gaw Capital Partners has completed a final close of its Gateway Real Estate Fund VI.
Transactions | Dec 18, 2019 Denver office issues $1b redevelopment project RFP by Andrea Zander The City and County of Denver’s Performance-Based Infrastructure Office has issued an initial release of a draft RFP for the development of the southwest side of the National Western Center (NWC) campus, known as the Triangle Project.
Transactions | Dec 18, 2019 Allianz-Shapoorji Pallonji collaboration acquires WaveRock Complex for $250m by Released SPREF II Pte. Ltd., a collaboration between Allianz Real Estate, acting on behalf of several Allianz companies, and Shapoorji Pallonji Group have acquired 100 percent of the securities of an Indian company.
Transactions | Dec 18, 2019 Co-working space niche operators and more new properties entering sector, creating new competition by Andrea Zander Competition among providers of co-working space is heating up. And it’s not just the big names, such as WeWork and Knotel, building up the community of co-working space.
Transactions | Dec 18, 2019 Blackstone JV closes data center acquisition in Virginia by Andrea Zander Corporate Office Properties Trust (COPT) has completed a second transaction with Blackstone Real Estate Income Trust (BREIT).
Transactions | Dec 18, 2019 Colony Capital acquires stake in DataBank by Andrea Zander Colony Capital has signed a definitive agreement to acquire from existing third-party investors an ownership interest of 20.4 percent in DataBank.
Transactions | Dec 18, 2019 DRA Advisors buys $908m U.S. industrial portfolio from Sealy by Andrea Zander Sealy & Co. has completed a $908.5 million transaction with DRA Advisors, a New York City–based investment adviser.
Transactions | Dec 18, 2019 Molpus Woodlands Group acquires 86,605 acres of timberland in east Texas by Released The Molpus Woodlands Group, a timberland investment management organization headquartered in Jackson, Miss., has, on behalf of two clients, purchased approximately 86,605 acres of timberland in east Texas.
Transactions | Dec 17, 2019 Singapore-based Oxley exits Dublin market by Andrea Zander Oxley Holdings has entered into a memorandum of agreement to sell the last of five Dublin office buildings developed by the Singapore-based company over the past five years for €115 million ($128 million).
Transactions | Dec 17, 2019 Canary Wharf Group prepares to launch first build-to-rent project by Andrea Zander Canary Wharf Group’s new build-to-rent arm Vertus is launching its first development on the privately owned Canary Wharf estate.
