Transactions | Sep 20, 2019 Tokyo firm to sell Midtown East office tower by Andrea Zander Unizo Holdings Co., a Tokyo-based real estate investment firm, has plans to sell its office building at 685 Third Ave. in Manhattan’s Midtown East submarket.
Transactions | Sep 20, 2019 Recent commercial real estate transactions by Lisa Yan Transactions reported this week include two acquisitions made by Blackstone.
Transactions | Sep 20, 2019 AXA Investment Managers buys 216-unit residential development in Barcelona by Released AXA Investment Managers – Real Assets has acquired , two phases of the Marina Living residential development in Barcelona for €77 million ($85 million).
Investors | Sep 20, 2019 Paladin Realty launches development in Sao Paulo and JV by Andrea Zander Paladin Realty Partners has launched its latest mixed-use development, CORE, located in Sao Paulo’s upscale Pinheiros neighborhood.
Transactions | Sep 20, 2019 Fortress Development to develop $1b Bellevue office towers by Released Fortress Development has begun construction of the $1 billion-plus Avenue Bellevue project in Bellevue, Wash.
Transactions | Sep 20, 2019 Blackstone in talks to acquire indoor water park operator by Andrea Zander Centerbridge Partners is in talks to sell indoor water-park operator Great Wolf Resorts Inc. to Blackstone Group, according to Bloomberg.
Transactions | Sep 20, 2019 Korean consortium acquires stake in U.S. corporate campus for $250m by Andrea Zander A group of Korean institutional buyers has acquired a majority stake in AT&T Inc.’s global headquarters in Dallas, reported Bloomberg.
Transactions | Sep 20, 2019 Rockpoint to purchase L.A. office building for $310m by Andrea Zander Rockpoint Group has agreed to pay $310 million for 5900 Wilshire, a 493,000-square-foot office building in the Miracle Mile neighborhood of Los Angeles.
Transactions | Sep 19, 2019 Union Investment to buy German logistics portfolio for €120m by Kali Persall Union Investment has agreed to purchase a logistics property portfolio from Trans Service Team (TST), a German logistics service provider, for €120 million ($132 million).
Transactions | Sep 19, 2019 Singapore’s OUE to sell apartment assets by Kali Persall OUE Ltd., a Singapore-based diversified property developer, has agreed to sell the hotel and serviced residences component of OUE Downtown, one of its redeveloped investment properties, for S$289 million ($210 million).
Transactions | Sep 19, 2019 Europa Capital and Keystone sell office portfolio in Denmark by Kali Persall Europa Capital and Keystone Investment Management have sold a six-building office portfolio in Denmark on behalf of its Europa’s Pan-European value-add fund.
Transactions | Sep 19, 2019 Nuveen acquires Spanish logistics warehouse for its European Logistics platform by Released Nuveen Real Estate has acquired a logistics warehouse located in Valle de Trápaga (province of Vizcaya) on behalf of its European logistics platform to further grow its logistics portfolio in Spain.
Transactions | Sep 19, 2019 Ascentris acquires two offices in Charlotte by Released Ascentris has purchased The Hub and The Nexus, two six-story office buildings totaling 312,000 square feet that include two free-standing parking structures, located in Charlotte, N.C.
Transactions | Sep 19, 2019 H.I.G. Capital acquires two offices in Madrid by Released H.I.G. Capital has acquired two office buildings totaling approximately 15,000 square meters (161,000 square feet) in Madrid.
Transactions | Sep 19, 2019 Charter Hall to develop $240m research precinct by Andrea Zander Charter Hall has teamed up with Western Sydney University to develop a A$350 million ($240 million) Innovation Quarter at Westmead focusing on health and research uses, reported The Australian Financial Review.
Transactions | Sep 18, 2019 Oxford Properties to develop Sydney project by Andrea Zander Construction and development group Grocon has teamed up with partner Oxford Properties and CPB Contractors to develop an office and build-to-rent (BTR) project in central Sydney.
Transactions | Sep 18, 2019 RDI sells Bahnhof Altona Center, Hamburg by Released RDI has exchanged contracts with Volksbank eG Braunschweig Wolfsburg to sell its Bahnhof Center in Altona, Hamburg, for €91 ($101 million).
Transactions | Sep 18, 2019 Blackstone pays $667m for U.S. assets by Andrea Zander In separate deals, Blackstone has spent $667 million to acquire five real estate assets.
Transactions | Sep 17, 2019 DWS Group’s RREEF Property Trust acquires shopping center in Atlanta by Released RREEF Property Trust, DWS Group’s publicly registered daily NAV REIT, has acquired Providence Square, a five-building urban shopping center in suburban Atlanta.
Transactions | Sep 17, 2019 Preylock pays $190m for Google office building in Silicon Valley by Kali Persall Los Angeles–based Preylock Holdings has paid $190 million for a four-story office building in Mountain View, Calif., occupied solely by Google, according to several media sources.