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Transactions | Jul 11, 2019
Mirae Asset Daewoo and Amundi Real Estate have acquired the 67,036-square-meter (271,000-square-foot) Majunga tower, located in Paris La Défense, a major business district just outside of Paris, through a joint acquisition.
Transactions | Jul 10, 2019
Hainan Airlines, a subsidiary of Chinese real estate company HNA Group, has sold its remaining 75.1 percent stake in Beijing HNA Plaza, an 18-story, two-building commercial complex in Beijing, to real estate developer China Vanke, for RMB 1.304 billion ($190 million).
Transactions | Jul 10, 2019
Principal Real Estate Investors has sold a 727,170-square-foot, 42-story office tower located at 222 South Ninth St. in downtown Minneapolis. The buyer was Richmond, Va.-based Lingerfelt CommonWealth Partners. The sales price was reportedly $81 million.
Fundraising | Jul 10, 2019
ICAMAP and Natixis have successfully closed what it describes as Europe’s first green equity bridge financing transaction, for ICAWOOD, a fund launched in 2019 by ICAMAP and Ivanhoé Cambridge to develop new-generation low-carbon offices in the Greater Paris region.