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.
Transactions | May 30, 2019 San Francisco apartment building sells for $306m by Andrea Zander Northwestern Mutual has purchased Jasper, a 319-unit, luxury high-rise apartment building in San Francisco from Crescent Heights.
Transactions | May 30, 2019 CBRE Global Investors acquires Korean logistics asset by Released CBRE Global Investors today announced it has acquired Logis Valley Ansan, a modern logistics warehouse located in Ansan City, Gyeonggi-do, South Korea, from local developer Sunkyung E&C.
Transactions | May 30, 2019 Medical Properties Trust acquires stake in hospital portfolio by Andrea Zander Medical Properties Trust has acquired for $236.5 million a 46 percent stake in Swiss healthcare real estate company Infracore SA.
Transactions | May 29, 2019 Beacon Capital acquires San Francisco Zynga HQ for $600m by Andrea Zander Online game developer Zynga has agreed to sell its San Francisco headquarters building to Beacon Capital Partners in a $600 million sale-leaseback transaction.
Transactions | May 29, 2019 Tristan fund & FREO sell office in Cologne for €220m by Andrea Zander EPISO 3, an opportunity fund managed by pan-European real estate investment manager Tristan Capital Partners, has sold the Kölnisch Quartier, formerly known as Barthonia Forum.
Transactions | May 29, 2019 Beacon and CalSTRS acquire San Francisco office space for $191.5m by Kali Persall Beacon Capital Partners and California State Teachers Retirement System (CalSTRS) have reportedly purchased a class A, 263,000-square-foot office property in San Francisco’s financial district for approximately $191.5 million.
Transactions | May 29, 2019 KBS Real Estate Investment Trust II closes two sales by Released In separate deals, KBS has closed on the sale of two office buildings which were part of the KBS Real Estate Investment Trust II portfolio.
Transactions | May 29, 2019 €1.2b European real estate boutique Blue Asset Management joins Schroders by Released London-based global asset manager Schroders has acquired Blue Asset Management (Blue), a German real estate business based in Munich.
Transactions | May 29, 2019 Crombie REIT announces $193.3m portfolio disposition by Released Crombie Real Estate Investment Trust has entered into a second purchase-and-sale agreement to sell an 89 percent non-managing interest in a 15-property portfolio for an aggregate purchase price of approximately $193.3 million to an affiliate of Oak Street Real Estate Capital.
Transactions | May 28, 2019 Starwood Real Estate Income Trust acquires Florida office portfolio by Released Starwood Real Estate Income Trust has acquired the Florida Office Portfolio.
Transactions | May 28, 2019 U.K. distribution center sells for £120m by Released CBRE Global Investors has exchanged contracts, on behalf of an international separate account client, to acquire a warehouse and distribution center in a sale and leaseback transaction with Sports Direct.
