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Transactions | May 15, 2023
PowerHouse Data Centers, a joint venture between American Real Estate Partners and Harrison Street, has secured a 30-year lease agreement with CyrusOne for the ABX-1 data center, located in Ashburn, Va.
Fundraising | May 15, 2023
Avenue One, a property technology service platform and marketplace for institutional owners, buyers and sellers of residential homes, has announced a strategic funding round of $100 million, led by WestCap with participation from MetLife Investment Management and other leading investors.
Investors | May 15, 2023
Partners Group and Citivale, a regionally based asset manager, developer and operating partner for commercial property across the United Kingdom, have launched a joint venture and debuted a £100 million ($124 million) warehouse project.
Transactions | May 15, 2023
Singapore-based SC Capital Partners and THi Holding Management Corp., a Shanghai-based industrial/logistics developer and operator, have acquired a strategic industrial project in China’s Suzhou Industrial Park.