Transactions | Dec 29, 2020 Real I.S. acquires logistics portfolio in France by Released Real I.S. AG has acquired a logistics portfolio in Mer, France.
People | Dec 29, 2020 Pubility CEO Thomas Olek resigns by Released Thomas Olek, the CEO of Publity AG, has informed the supervisory board of Publity he wishes to terminate his position on the executive board of Publity.
Transactions | Dec 29, 2020 L&G secures planning for major modular homes scheme in Bristol by Released Planning consent has been granted for Legal & General Modular Homes to deliver 185 homes in Bristol, England.
Transactions | Dec 29, 2020 Hong Kong investor acquires two more London offices by Andrea Zander Hong Kong developer K&K has acquired two office properties in London’s West End — Endeavour House on Shaftesbury Avenue and Corinthian House at 279 Tottenham Court Road — reported Mingtiandi.
Transactions | Dec 29, 2020 Taubman Centers shareholders approve merger with Simon Property Group by Released Taubman Centers has approved and adopted the previously announced amended and restated merger agreement with Simon Property Group.
People | Dec 29, 2020 Essex Property Trust announces executive leadership succession by Released Essex Property Trust has announced the planned succession for its COO and CFO.
Transactions | Dec 29, 2020 JLL Income Property Trust acquires Fort Worth distribution center by Released JLL Income Property Trust has acquired the Fort Worth Distribution Center.
Research | Dec 29, 2020 COVID-19 has accelerated real estate firms’ use of data and technology by Loretta Clodfelter Commercial real estate data is poised to become even more relevant in a post-pandemic world.
People | Dec 29, 2020 PTM Partners names vice president of acquisitions and capital markets by Kali Persall PTM Partners, a real estate investment and development firm focused on qualified opportunity zones, has appointed Thomas Strand as vice president of acquisitions and capital markets.
Transactions | Dec 28, 2020 KBS sells class A office complex in San Jose for $50m by Released KBS has sold a 96,502-square-foot building at District 237.
Transactions | Dec 28, 2020 Robinson Park Investments JV to develop mixed-use project in Oklahoma City’s Innovation District by Andrea Zander Gardner Tanenbaum and Robinson Park Investments have plans to develop a mixed-use development focused on collaborative innovation in Oklahoma City’s Innovation District, which is set to begin in late 2021.
Transactions | Dec 28, 2020 MetLife JV to develop mixed-use development in Atlanta by Andrea Zander MetLife Investment Management (MIM), MetLife Inc.’s (NYSE: MET) institutional asset management business, and Granite Properties have formed a joint venture to develop Midtown Union’s 26-story, 612,000-square-foot office tower, the future global headquarters of Invesco.
Transactions | Dec 28, 2020 Unibail-Rodamco-Westfield to sell the Village 3, 4 and 6 office buildings in La Défense by Andrea Zander Unibail-Rodamco-Westfield (URW) has entered into separate agreements with several French institutional investors for the sale of the Village 3 office building, and the Village 4 & Village 6 office buildings in Paris.
Transactions | Dec 28, 2020 Monmouth Real Estate pays $97m for Atlanta area industrial building by Released Monmouth Real Estate Investment Corp. has paid $96.7 million for a new 657,518-square-foot industrial building located at 3150 Highway 42 in Locust Grove, Ga.
Transactions | Dec 28, 2020 Shui On Land forms JV for $250m buy by Andrea Zander Hong Kong–listed developer Shui On Land and Grosvenor Group have agreed to form a 50-50 joint venture to purchase the Nanjing International Financial Center office tower in Nanjing, China.
Transactions | Dec 28, 2020 Franklin Street Properties Corp. sells office in Durham, N.C., for $90m by Released Franklin Street Properties Corp. has sold its only property in Durham, N.C., for $89.7 million, or approximately $346 per square foot.
Transactions | Dec 28, 2020 Hines to sell stake in India office project to partner DLF by Andrea Zander DLF Cyber City Developers, the rental arm of real estate developer DLF Group and Singapore’s sovereign wealth fund GIC, has entered into an agreement to buy out Hines’ stake in Fairleaf Real Estate.
Transactions | Dec 23, 2020 CIM Real Estate Finance Trust announces completion of mergers with two net lease REITs by Released CIM Real Estate Finance Trust (CMFT), Cole Office & Industrial REIT (CCIT III), and Cole Credit Property Trust V (CCPT V) announced that CMFT has acquired each of CCIT III and CCPT V.
Research | Dec 23, 2020 Savills: Alternative assets the big winner in the Nordics by Released Alternative assets are the big real estate winner across the Nordics with €6.6 billion (8.1 billion) invested during the first three quarters of the year, which is an increase of 69 percent compared to last year.
Transactions | Dec 23, 2020 M&G European property fund acquires €148m portfolio by Released The €4.1 billion ($5 billion) M&G European Property Fund has acquired a €148 million ($180 million) portfolio.
