Real Estate news – Page 52
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CapitaLand Investment raises initial RMB1.2bn for sixth China fund
Manager seeds China Business Park RMB Fund III with Ascendas iHub Suzhou asset
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USS buys £405m UK residential assets from Blackstone and Regis
The deal is the largest shared ownership portfolio acquisition since 1990
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Longpoint expands industrial portfolio with $74m purchase
Transaction by Longpoint Fund III is fund’s first industrial deal in the Greater Phoenix market
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Chancerygate and Hines buy Redditch site for speculative project
Partnership plans to build 139,000sqft of urban logistics space worth around £35m
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Polish freight forwarder ATC Cargo sells Loconi to ​Temasek-backed PSA
PSA Baltics invests unspecified amount for 85% stake
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Singapore’s Ho Bee sells 50% of Elementum building to sovereign fund
Buyer invests S$134m for share in asset located in Singapore’s One-north life science hub
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Heitman and Catalyst form $300m US healthcare property venture
Partnership will initially develop seven properties totalling nearly 500,000sqft across five states
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​Assura acquires Northwest Healthcare’s UK portfolio for £500m
Cash and shares deal gives Northwest £100m worth of Assura shares, representing an 8% stake
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JP Morgan and Zenith double down on US outdoor storage venture
Pair create second $700m US industrial outdoor storage assets investment partnership
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Blackstone sells $1bn US apartment assets to Equity Residential
NYSE-listed Equity Residential buys the 11 properties in separate transactions from Blackstone funds
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Invesco and ASB offload San Francisco office assets at discounts
Invesco sells 631 Howard for $36m, ASB sells 795 Folsom property for $47m
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Mitsubishi Estate Asia seeks to sell stake in A$2bn Sydney skyscraper
MEA co-owns Salesforce Tower with Ping An Real Estate holding 50% and APPF Commercial holding 20%
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Cain provides £65m loan to fund Lovett’s UK care home pipeline
Credit facility will fund projects, starting with Kings Hill, Kent; Chelmsford, Essex; and Abingdon, Oxfordshire
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Virtú increases California multifamily property presence with ALX purchase
Virtú Evergreen Fund buys 313-unit luxury highrise asset in San Diego
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Sembcorp to invest S$700m in Southeast Asia industrial parks
Temasek-backed Sembcorp aims to expand its land bank by 4,000ha to 18,000ha by 2028
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Tennessee Consolidated to sell US apartment to rebalance portfolio
Pension fund puts Kent Place Residences in the Denver metropolitan area up for sale
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Actis and Mahindra launch Indian real estate development platform
Ample Parks buys 70-acre industrial land within Mahindra World City in Chennai
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Brookfield expands Australia student housing portfolio
Property group Citiplan sells half of Journal Student Living to Brookfield for an unspecified sum
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PGGM expands US luxury apartment property portfolio
Dutch pension fund manager and Dermot buy 20 Exchange Place in Manhattan’s financial district
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Florida SBA ploughs $500m into opportunistic real estate funds
Pension fund also commits $150m to Hull Street Energy Partners III