Global CRE Investment

A new analysis from JLL points to a convergence between US and Eurozone interest rates and the devaluation of several currencies as key factors.

On its heels were Brookfield Asset Management, PGIM Real Estate, Nuveen and Hines, according to a survey published by ANREV, INREV and NCREIF.

With a goal to rapidly expand its branded product, Oakwood will focus in the US, Europe and Middle East.

The fund secured total equity of $878.5 million that breaks down to $362.5 million in investment and two co-investment commitments, one for $150 million and another for $366 million.

As part of the firm's new plan to double its managed properties portfolio, Oakwood will seek to deliver higher returns to owners.

The Los Angeles-based firm plans to focus on growing its hospitality portfolio with plans to double its managed properties by 2025.

Governments facing budget shortfalls seek new financing options for shovel-ready projects.

Cushman & Wakefield negotiated the deal for the seller, RREEF Management, for the six-building industrial property, Techwood Business Center, located in the Baltimore Commons Business Park.