Research | Jun 2, 2017 CMBS delinquency rate falls 5 bps in May by Jody Barhanovich The U.S. CMBS delinquency rate fell modestly in May, dropping to 5.47 percent, a decrease of 5 basis points from April, according to Trepp.
Transactions | Jun 2, 2017 Recent commercial real estate transactions by Jody Barhanovich U.S.-based farm and construction firm Deere & Co. plans to buy privately held German road construction company Wirtgen Group, a German maker of road-construction equipment, for €4.6 billion ($5.2 billion).
Transactions | Jun 1, 2017 Canadian REIT acquires hotel northeastern U.S. portfolio by Released Canada-based American Hotel Income Properties REIT has agreed to acquire a hotel portfolio.
Transactions | Jun 1, 2017 Detroit unveils largest residential project in more than 20 years by Jody Barhanovich Olympia Development has unveiled the initial phase of residential development at The District Detroit.
Investors | Jun 1, 2017 PGIM, Kisco JV acquires senior housing sector by Jody Barhanovich PGIM Real Estate and Kisco Senior Living have formed a joint venture.
Research | Jun 1, 2017 Online sales in Europe reach €500b by Released Online sales in Europe are growing rapidly and reached nearly €500 billion ($560 billion) in 2016, representing 14 percent of total retail sales, according to BNP Paribas Real Estate.
Transactions | Jun 1, 2017 Skanska USA breaks ground on $349m N.J. hospital by Andrea Waitrovich Skanska USA has broken ground on its healthcare project in the Delaware Valley.
Transactions | Jun 1, 2017 Xenia Hotels & Resorts buys Orlando resort for $205m by Released Xenia Hotels & Resorts has acquired a hotel in Orlando from an affiliate of Hyatt Hotels Corp. for $205.5 million.
Transactions | Jun 1, 2017 New World Development unveils Hong Kong mixed-use project by Andrea Waitrovich New World Development has unveiled plans for “Victoria Dockside,” a $2.6 billion, 3 million-square-foot art and design district on the promenade of Hong Kong’s iconic Tsim Sha Tsui waterfront.
People | May 31, 2017 AXA Investment Managers – Real Assets continues to build its North American team by Released AXA Investment Managers – Real Assets has announced the further expansion of its North American team.
People | May 31, 2017 FIRSTavenue opens a new office in Seoul, hires Richard Kim by Released FIRSTavenue has announced that Richard Kim will join as principal to lead a new office in Seoul.
Transactions | May 31, 2017 Chinese investor buys another Australian property by Andrea Waitrovich Zobon Real Estate Group and Shanghai United Real Estate have purchased the a hotel in Sydney.
People | May 31, 2017 Else Bos will leave post as CEO of PGGM by Andrea Waitrovich Else Bos has announced plans to leave as CEO of PGGM, effective Nov. 1, 2017.
Transactions | May 31, 2017 CIC to buy Blackstone’s €12b Logicor by Andrea Waitrovich China Investment Corp. has plans to buy Blackstone’s European logistics business, Logicor.
Transactions | May 31, 2017 Anbang to buy Amsterdam Hotel for $392m by Andrea Waitrovich China-based Anbang Insurance Group has acquired the Doubtree by Hilton in Amsterdam Central.
Fundraising | May 31, 2017 Brookfield plans next opportunistic real estate fund by Jody Barhanovich Brookfield Asset Management is planning to launch its next opportunistic real estate fund.
Transactions | May 31, 2017 PGIM Real Estate acquires Singapore food storage, distribution center by Released PGIM Real Estate has completed the acquisition of a food storage and distribution center in Singapore.
Transactions | May 30, 2017 Hines, Invesco plan office projects in Atlanta by Jody Barhanovich Hines and Invesco Real Estate have formed a joint venture to develop two progressive office projects in Atlanta.
Transactions | May 30, 2017 Kennedy Wilson fund acquires office property for $144m by Jody Barhanovich Kennedy Wilson has acquired 100 percent interest in an office campus in Glendale, Calif.
Transactions | May 30, 2017 Ivanhoé Cambridge pays $650m for Manhattan office by Andrea Waitrovich Ivanhoé Cambridge and its partner Callahan Capital Properties have acquired 85 Broad St. located in Downtown Manhattan for approximately $650 million.
