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Investors | Jul 1, 2019
GIC, Singapore’s sovereign wealth fund, and Equinix, a global interconnection and data center company, have agreed to enter into an 80-20 joint venture to acquire and develop six hyperscale data centers in Europe for more than $1 billion.
Fundraising | Jul 1, 2019
The Catella European Residential Fund III, managed by Catella Residential Investment Management (CRIM), has completed a first close of €50 million ($57 million) and secured a maiden investment of 83 apartments in Copenhagen.
People | Jul 1, 2019
Hines has appointed Xavier Musseau as its new executive senior managing director and co-country head of France, where he will be responsible for all the firm’s in-country activities: investment — acquisitions and asset management — and property development, in all sectors of real estate.
Transactions | Jul 1, 2019
MRP Realty, developers and managers of commercial, residential, mixed-use, and industrial real estate across the mid-Atlantic region, and Creek Lane Capital have acquired 13 acres of land in River North Nashville, a designated opportunity zone, where they will develop a 1.3 million-square-foot mixed-use project along the Cumberland River in The Landings.
Transactions | Jun 28, 2019
Chinese conglomerate Dalian Wanda Group had formally signed an operational agreement to develop a high-end hospital in partnership with the University of Pittsburgh Medical Centre in Chengdu, in China’s southwestern Sichuan province.