Transactions | Sep 25, 2019 NorthStar Realty Europe stockholders approve merger with AXA Investment by Released NorthStar Realty Europe Corp. has approved the proposed merger of NRE with and into Nighthawk Merger Sub LLC, a wholly owned subsidiary of a fund managed by AXA Investment Managers – Real Assets.
Transactions | Sep 25, 2019 Fairfield Residential buys transit-oriented apartment community in Northern Virginia by Released Fairfield Residential has paid $141 million for the Atley on the Greenway, a 496-unit, transit-oriented apartment community in the Washington, D.C.-area community of Ashburn, Va.
Transactions | Sep 25, 2019 Deka re-enters Canada with €345m investment by Released Deka Immobilien GmbH has purchased an office property in Edmonton, Canada, from ICE District Properties for approximately €345 million ($378 million).
Transactions | Sep 25, 2019 Segro expands London portfolio by £100m with three acquisitions by Released Segro, a U.K.-based REIT, has expanded its Greater London portfolio by £100 million ($124 million) with off-market acquisitions in Dagenham and Croydon, as well as its July purchase of eight acres of land in Tottenham.
Transactions | Sep 25, 2019 UBS Asset Management acquires prime luxury Parisian retail portfolio for €250m by Andrea Zander UBS Asset Management (Italy) SGR S.p.A. has completed the acquisition of a prime luxury–retail real estate portfolio in the heart of Paris for €250 million ($274 million).
Transactions | Sep 25, 2019 Aviva Investors to build new mixed-use retail and office building by Released Aviva Investors, the global asset management business of Aviva PLC, has entered into a development agreement with Transport for London (TfL) to build a new mixed-use retail and office building at 1 Liverpool Street.
Transactions | Sep 25, 2019 Shareholders of Condor Hospitality Trust approve merger by Released Condor Hospitality Trust, a lodging REIT based in Bethesda, Md., has announced its shareholders approved the $318 million proposed acquisition by merger of Condor by NHT Operating Partnership, the operating partnership of NexPoint Hospitality Trust, a hotel REIT headquartered in Toronto.
Transactions | Sep 24, 2019 Barings buys three French courier assets from BNP Paribas REIM by Kali Persall Barings has acquired three grade-A courier assets in France on behalf of institutional clients for a core investment strategy from an OPCI (French REIT), managed by BNP Paribas REIM.
Transactions | Sep 24, 2019 Goodman wins approval for $3b industrial project by Released Goodman Group and Brickworks have received approval for its $3 billion Oakdale West Industrial Estate in Kemps Creek, Sydney.
Transactions | Sep 24, 2019 PAG Investments acquires first investment for its self-storage platform by Released PAG Investments, a New York City–based real estate investment and management firm, announced the purchase of Heritage Self Storage, the first investment in its newly launched self-storage platform.
Transactions | Sep 24, 2019 M7 fully invests Portuguese fund by Released M7 Real Estate has acquired seven light industrial and logistics assets in four separate transactions on behalf of the M7 Portuguese Active Fund (M7 PORAF) for a total of €35 million ($38 million).
Transactions | Sep 24, 2019 Invesco and Normandy Real Estate receive $200m refinancing for 888 Broadway by Andrea Zander Newmark Knight Frank has arranged a $200 million floating-rate loan on behalf of affiliates of Normandy Real Estate Partners and Invesco Real Estate, for the refinancing of 888 Broadway in New York.
Transactions | Sep 24, 2019 Henderson Land buys Kowloon properties for $273m by Andrea Zander South Crown Development, representing Hong Kong–listed Henderson Land Development, has bought a parcel of properties for redevelopment in Hong Kong’s Kowloon market for HK$2.137 billion ($273 million).
Transactions | Sep 24, 2019 Jamestown pays $114m for Charlestown neighborhood property by Released Jamestown has acquired Constitution Wharf in the historic Charlestown neighborhood of Boston for $114 million.
Transactions | Sep 24, 2019 Two firms merge, creating largest real estate crowdfunded equity REIT by Released RW Holdings NNN REIT has entered into a definitive merger agreement Rich Uncles Real Estate Investment Trust I.
Transactions | Sep 24, 2019 Caesars Entertainment sells casino for $516m by Released Caesars Entertainment Corp. has signed an agreement to sell the Rio All-Suite Hotel & Casino in Las Vegas to a company controlled by a principal of Imperial Cos. for $516.3 million.
Transactions | Sep 23, 2019 DRA Advisors and Jera Partners acquires $205m net-lease industrial portfolio by Andrea Zander Jera Partners, a commercial real estate investment firm focused on the acquisition, management and disposition of properties that are net-leased to quality credit tenants, has announced the acquisition of 27 industrial assets that are fully leased totaling approximately 3.3 million square feet for an aggregate price of $205 million.
Transactions | Sep 23, 2019 LaSalle agrees to purchase office building in Hamburg by Kali Persall LaSalle Investment Management has agreed to acquire an office building in Hamburg, Germany.
Transactions | Sep 23, 2019 L&G pays £243m for Quarry House office property in Leeds by Kali Persall Legal & General has announced it has acquired Quarry House in Leeds, England, for £243 million ($302 million).
Transactions | Sep 23, 2019 RLI Investors acquires 18,600sqm logistics property in Germany by Kali Persall RLI Investors is acquiring an 18,600-square-meter (200,208-square-foot) logistics property in the Rhine/Main logistics region of Germany in an off-market transaction.
