Transactions | Nov 30, 2018 Finnish-listed firm to invest €94m to grow business parks in Finland by Andrea Zander Technopolis will invest a total of €94.1 million ($107 million) in organic expansion in its existing Otaniemi Campus in Espoo, Finland.
Transactions | Nov 30, 2018 Allianz acquires stake in Singapore office for $392m by Andrea Zander Allianz has signed a definitive agreement to acquire a 20 percent stake in Ocean Financial Centre.
Transactions | Nov 30, 2018 Consortium withdraws €3.26b bid for Intu by Andrea Zander A £2.9 billion ($3.7 billion) takeover bid for the shopping center group Intu has been abandoned.
Transactions | Nov 30, 2018 Recent commercial real estate transactions by Alicia Block Transactions reported this week included a hotel in Orlando, Fla.
Transactions | Nov 30, 2018 Commerz Real sells Eurostat HQ in Luxembourg for €168m by Andrea Zander Commerz Real has sold the European statistical office’s headquarters in Luxembourg for €168 million ($191 million).
Research | Nov 29, 2018 Foreign investors bought Japanese properties at record rate last year by Andrea Zander The value of Japanese property acquisitions by foreign investors came to about 1.3 trillion yen ($11.4 billion) in 2017, the highest amount since a record-setting 2007.
Transactions | Nov 29, 2018 DivcoWest to buy Beverly Hills office complex for $236m by Andrea Zander DivcoWest has plans to buy the 236,000-square-foot UTA Plaza and The Ice House office complex in Beverly Hills, Calif., for $236 million.
Research | Nov 29, 2018 European market for flexible offices grows by Andrea Zander According to the latest report by JLL, Disruption or Distraction, the flexible office space sector in Europe has more than doubled since 2014, and could grow by up to 30 percent per year over the next five years. These forecasts — based on an analysis of 20 major European markets — also include Warsaw, which dominates the Polish flex market.
Transactions | Nov 29, 2018 PATRIZIA acquires office portfolio in Luxembourg for €85m by Andrea Zander PATRIZIA Immobilien AG has acquired a portfolio of five office buildings totaling 8,564 square meters (92,182 square feet) in the central business district of Luxembourg.
Transactions | Nov 29, 2018 Threestones Capital acquires Spanish nursing home for €600m fund by Andrea Zander Threestones Capital, a Luxembourg-based investment manager, has signed a deal to acquire a nursing home site in Cambrils, Catalonia, Spain.
People | Nov 29, 2018 Empiric appoints new CEO by Andrea Zander London-based Empiric Student Property has appointed Tim Attlee as its new CEO, effective immediately.
Research | Nov 29, 2018 UBS releases 2018 real estate and private equity real estate summary report by Jody Barhanovich UBS has release its Real Estate and Private Markets’ Real Estate Summary 2018 report. It provides a global overview as well as more focused research on the United States, Europe and APAC region. The research looks closely at the industrial boom and notes that caution has increased despite real estate’s strong underlying fundamentals.
Transactions | Nov 29, 2018 Gaw Capital Partners acquires Ocean Towers in Shanghai by Andrea Zander Gaw Capital Partners has acquired Ocean Towers, located in People’s Square, Shanghai.
Transactions | Nov 29, 2018 M7 and Starwood sell light industrial portfolio for €486m by Andrea Zander M7 Real Estate has reached an agreement along with its joint venture partner, Starwood Capital, for the sale of a light industrial portfolio.
Transactions | Nov 29, 2018 Investcorp spends $311m for multifamily properties by Andrea Zander Investcorp has acquired six multifamily properties, with a total of 2,876 units, for a combined purchase price of $311 million. The properties are located in Tampa, Houston and Salt Lake City.
Investors | Nov 29, 2018 Minnesota SBI commits $400m to real estate by Jody Barhanovich The $70 million Minnesota State Board of Investment has committed a total of $400 million to two real estate funds.
Fundraising | Nov 29, 2018 AEW holds €370m final close for French-focused residential real estate fund by Jody Barhanovich AEW has held a €370 million ($473 million) final close.
Investors | Nov 28, 2018 Workspace firm enters Brazil markets by Released San Francisco–based office workspace firm Knotel has expanded into Brazil.
Transactions | Nov 28, 2018 GreenOak, Slate pay $280m for Midtown NYC apartment tower by Andrea Zander GreenOak Real Estate and Slate Property Group have purchased the Biltmore rental apartment tower in New York City’s Midtown for $280 million.
Energy | Nov 28, 2018 Energy investor takes a chance on public land at bargain rates by Andrea Zander London-based oil and gas company Highlands Natural Resources has plans to acquire drilling rights to federal land in eastern Montana, according to The New York Times.
