Transactions | Nov 14, 2017 Landmark Macau hotel and casino complex to sell for $590m by Andrea Waitrovich Macau Legend Development has plans to sell its Landmark Macau hotel and gambling complex in China for $590 million.
Transactions | Nov 14, 2017 CIM Group buys Cole Capital by Released VEREIT has sold Cole Capital to an affiliate of CIM Group in a cash-and-fees deal worth up to $200 million.
Research | Nov 14, 2017 Nearly half of U.S. adults prefer shopping in-store over online shopping by Andrea Waitrovich Nearly half (47 percent) of U.S. adults surveyed prefer to make purchases in-store over shopping online, according to Coldwell Banker Commercial Affiliates.
Transactions | Nov 14, 2017 $2.5b waterfront mixed-use project planned for Sayreville by Andrea Waitrovich A joint venture between North American Properties and PGIM Real Estate is set to break ground on Riverton, a $2.5 billion, 418-acre, mixed-use development located roughly 33 miles south of Manhattan along the Raritan River in Sayreville.
Research | Nov 14, 2017 Wall Street Journal ranks Dallas as top choice for Amazon’s second headquarters by Andrea Waitrovich The Wall Street Journal released its definitive list of potential locations for Amazon’s new corporate headquarters. released its definitive list of potential locations for Amazon’s new corporate headquarters.
Research | Nov 14, 2017 Retailers get ready for the holiday season by Released Mobile technology will play a more prominent role than in years past, as retailers seek new ways to generate sales and collect strategic data, according to CBRE’s recently released U.S. retail holiday trends report.
Transactions | Nov 14, 2017 CBRE Global Investors acquires Bunnings warehouse retail portfolio in Australia and New Zealand by Released CBRE Global Investors has acquired a portfolio of four Bunnings Warehouse retail properties in Australia and New Zealand.
Research | Nov 14, 2017 In Focus: Tony Charles on Asia by Denise DeChaine In this “In Focus” video, Tony Charles, global head of research and strategy for real assets at Morgan Stanley Investment Management, discusses Asia’s best real estate investing opportunities.
Investors | Nov 13, 2017 Single-asset REIT launches by Andrea Waitrovich The owners of the St. Regis Aspen Resort in Aspen, Colo., have launched a REIT.
Investors | Nov 13, 2017 Brookfield Property Partners makes $14.8b offer for GGP by Released GGP has confirmed that it received an unsolicited proposal from Brookfield Property Partners.
Investors | Nov 13, 2017 Texas ERS commits $65m to residential property fund by Jody Barhanovich Employees Retirement system of Texas has committed $65 million to a fund managed by Waterton.
Investors | Nov 13, 2017 Spanish REIT to become $10b office manager by Andrea Waitrovich Inmobiliaria Colonial has launched a takeover bid for Axiare Patrimonio, valuing the rival company at €1.46 billion ($1.7 billion).
Research | Nov 13, 2017 New study puts London at top of European retail rankings by Andrea Waitrovich Oxford Street in London has emerged as Europe’s busiest shopping street in new footfall analysis of the most famous high streets in 23 European cities, according to BNP Paribas Real Estate’s pan-European footfall analysis.
People | Nov 13, 2017 LaSalle Investment creates new head of Continental Europe role by Released LaSalle Investment Management has hired Karim Habra for the newly created role of head of Continental Europe with immediate effect.
Transactions | Nov 13, 2017 Fort Group buys IMMOFINANZ Moscow retail portfolio for $1b by Andrea Waitrovich Austria-based IMMOFINANZ has agreed to sell its five Moscow shopping centers to Fort Group, a St. Petersburg commercial real estate developer, for €901 million ($1.05 billion).
Fundraising | Nov 13, 2017 AXA Investment Managers – Real Assets hold €240m final close for logistics fund by Jody Barhanovich AXA Investment Managers – Real Assets has held a €240 million ($279 million) final close.
Fundraising | Nov 13, 2017 Phoenix Capital Partners holds $225m final close by Jody Barhanovich Phoenix Capital Partners, a private equity real estate firm, has held a $225 million final close.
Investors | Nov 13, 2017 Texas Permanent commits $237m to real estate funds by Jody Barhanovich Texas Permanent School Fund has committed a total of $237 million to three real estate funds.
Fundraising | Nov 10, 2017 LEM Capital closes fourth fund by Released LEM Capital closed the firm’s fourth discretionary fund in August at its original $300 million target.
Transactions | Nov 10, 2017 New York REIT sells another asset by Andrea Waitrovich New York REIT has entered into a contract to sell its property located at 333 West 34th St.