International

News

CapitaLand Buys US Apartment Portfolio For $835M

Erika Morphy | September 19, 2018

The 3,787-unit, Class B portfolio is located around Seattle, Portland, Los Angeles and Denver.

News

Avison Young Launches Life Sciences Group

John Jordan | September 19, 2018

The new group will span 10 regional markets in the U.S., Canada, Mexico and Europe and comprise 17 Avison Young leasing professionals.

News

Ascendas-Singbridge Enters US With Office Portfolio Deal

Erika Morphy | September 14, 2018

The 3.3 million square foot portfolio is located in Portland, Raleigh and San Diego.

Analysis

Are You Running Afoul of GDPR?

Erika Morphy | September 14, 2018

Because this onerous European legislation is far reaching and does have an impact on US commercial real estate.

News

Investcorp Acquires Office Campus in Germany for Nearly $100M

John Jordan | September 11, 2018

Investcorp, which is headquartered in Bahrain and has offices in New York City, says the deal involves the firm’s second real estate investment in Germany.

News

Colliers Expands Quebec Operations with RE Services Firm Buy

John Jordan | September 11, 2018

The deal expands Colliers International’s existing operations in Quebec by adding Landmark and its team of 30 real estate professionals.

News

CBRE Global, Madison Partner on $1B Deal for Housing in Spain

John Jordan | September 10, 2018

The portfolio consists of 65 primarily mid-market apartment block buildings of which approximately 70% are located in and around Madrid.

Marcus & Millichap Enters Montreal Market with Brokerage Purchase

John Jordan | September 07, 2018

The Calabasas, CA-based commercial real estate investment firm reports the deal compliments its existing Canadian operations.

News

Latin American Team of 27 Shifts From CBRE to Newmark Knight Frank

John Jordan | August 20, 2018

The team, led by real estate veterans and executive managing directors Sergio Pérez, SIOR and Samuel Campos, includes 18 producers, six of whom are senior experts, NKF reports.

News

Greystar, PSP, Allianz Complete London Student Housing JV

John Jordan | August 20, 2018

The equity investment volume of the transaction that Allianz Real Estate is executing on behalf of various Allianz insurance companies stands at around £350m, the company states.

News

CBRE Group Reorganizing Operations, Announces Key Promotions

John Jordan | August 17, 2018

The new organizational structure will replace the existing operations that manage CBRE’s services business within its existing geographic businesses—Americas, EMEA and APAC. That structure will remain in effect for the remainder of 2018.

News

$100M Romanian Distillery Project in Putman County Secures Key Approval

John Jordan | August 17, 2018

The company states that construction will start immediately after securing the building permit for the project that secured $2.7 million in performance-based tax credits from New York State through the Excelsior Jobs Program.

Commentary

The Salary Surge

Anthony J. LoPinto | August 14, 2018

There is a crisis brewing on the global talent front: a growing shortage of highly skilled workers.

News

Ricks Promoted to President of Kennedy Wilson

John Jordan | August 14, 2018

Kennedy Wilson reports that in conjunction with Ricks’ appointment, Peter Collins has assumed the role of president of Kennedy Wilson Europe, which is headquartered in London, and will report to Ricks.

Another Sign of Diminishing Fund Appetite

Erika Morphy | August 14, 2018

Preqin reported that 47 funds raised a combined $22 billion, the lowest quarterly total since 2013.

Deutsche Finance Arrives In US With Yearly $100M To Invest

Erika Morphy | August 09, 2018

For its first deal in the US, the company partnered with other equity providers to buy 100,000 square feet of office space in Manhattan’s Gucci building.

News

Deutsche Finance America, BLG and Shvo Acquire Upper Floors at 685 Fifth Ave.

Betsy Kim | August 06, 2018

The partnership has purchased the vacant office space in the former Gucci Building for $135 million.

Avison Young Acquires UK Firm Wilkinson Williams

Adele Carter | August 01, 2018

"The acquisition of Wilkinson Williams represents another significant milestone in the growth of Avison Young."

Private Equity CRE Activity Falls In Q2

Erika Morphy | July 31, 2018

The slowdown is likely due to higher asset pricing, with fund managers moving to the lower end of the market for deal flow.

News Research

South Florida’s International Real Estate Appeal

John Jordan | July 30, 2018

Colombia registered 12.2% of all international searches on the association’s web portal, www.MiamiRealtors.com, in April 2018.

Harbor Group Buys London's Relay Building For $120M

Adele Carter | July 24, 2018

"We believe the acquisition provides diversity and attractive risk adjusted value for our investors and we anticipate continuing to pursue actively investment opportunities in the London market.”

News

Dart Real Estate, NCB Group JV for Camana Bay Development

Natalie Dolce | July 20, 2018

The business partnership represents the coming together of two well-respected Cayman Islands real estate companies, known for developing innovative, sustainable and design-focused residential properties.

Global Logistics Firm Leasing 110K SF in Kearny, NJ

Steve Lubetkin | July 19, 2018

“Mainfreight’s decision to take industrial space at 50 Cable Drive is a testament to northern New Jersey’s extensive transportation network, population density and educated workforce,” says CBRE's William Waxman.

Sovereign Wealth Funds Show Signs Of Real Estate Fatigue

Erika Morphy | July 17, 2018

Direct real estate and infrastructure investments made by SWFs declined from a total of $25 billion in 2016 to $23.2 billion last year.

Trade Tensions Have Not Affected CRE. So Far

Erika Morphy | July 17, 2018

Should the trade disputes escalate it will likely result in less demand for industrial space as US imports require more space than US exports, CBRE said.

News

CDPQ Buys Stake in Avison Young

Erika Morphy | July 16, 2018

Avison Young will use some of the proceeds to buy out its current private equity partner Parallel49 Equity.

News

Starwood Capital, Scius to Sell 51 Swedish Properties for $413M

John Jordan | July 09, 2018

The portfolio Sweden-based Hemfosa will acquire includes office, warehouse and logistic assets and totals approximately 460,000 square meters or nearly 5 million square feet.

News

Manulife Closes $2B Infrastructure Fund

Erika Morphy | July 05, 2018

The offering was oversubscribed by institutional investors from around the world.

News

Greystone, Altus Turn To Tech To Boost Deal Performance

Erika Morphy | July 03, 2018

The transactions illustrate the rapid strides advanced analytics and reporting and artificial technology are making into the commercial real estate space.

Commentary

The EU Is Headed For A Fall

Joel Ross | June 20, 2018

The economy of the EU is going to falter again, and while it is not going to crash, it will not be where you want to invest.

News

Blackstone Raises $7B For Asian CRE

Erika Morphy | June 13, 2018

Blackstone has also agreed to buy Australia’s Investa Office Fund for $2.3 billion.

News

Medical Properties Trust Recaps $1.9B German Hospital Portfolio

Erika Morphy | June 11, 2018

Medical Properties Trust owns the 71 post-acute hospitals and has formed a JV with Primonial Group for it to acquire half.

Blackstone Tops List Of Global Real Estate Funds

Erika Morphy | June 04, 2018

Blackstone is reportedly the buyer of Kennedy Wilson’s $422 million multifamily portfolio.

News

LaSalle Investment To Buy Aviva Unit, Fund

Erika Morphy | May 30, 2018

When the deal closes, LaSalle will be one of the top five largest global non-listed indirect real estate investment managers.

News

Blackstone Partnership Closes On $2B Industrial REIT Deal

Erika Morphy | May 25, 2018

Most of Pure Industrial REIT’s portfolio is located in Canada but it does own a handful of logistics and warehouse facilities in the US.

Deutsche Bank Moves from Wall Street to Columbus Circle: Image Slideshow

Betsy Kim | May 08, 2018

The investment bank and financial services company will move into Related’s Time Warner Center, when Time Warner moves to Hudson Yards in Q3 2021.

Angelo Gordon’s Second Euro Fund Exceeds Target

John Jordan | May 03, 2018

The New York City-based alternative investment firm reports the investment capital raised for its AG Europe Realty Fund II exceeds the fund’s original $750-million target.

Starwood Capital Group Sells UK Hotel Portfolio

John Jordan | May 03, 2018

Foncière des Régions also reports it has selected InterContinential Hotels Group, based in Denham, Buckinghamshire, to rebrand and operate 13 of the newly acquired hotels via long-term, triple-net lease deals.

Boston Lands Major Amazon Lease Deal (Not HQ2)

John Jordan | May 02, 2018

The Seattle-based mega online retailer has signed a lease for 430,000 square feet of office space at WS Development's and PSP Investments’ 23-acre Boston Seaport development.

Commentary

World’s CRE Markets Thrive, Each in Its Own Way

Miguel Cavazos | April 24, 2018

With global expansion and trade on the rise, commercial real estate markets are thriving and cross-border investment activity is at near-peak levels.

NYC, France Partner on Tech Expansion Initiative

John Jordan | April 23, 2018

French companies have invested more than $7.2 billion and created in excess of 21,000 jobs in the city over the last 15 years. At present there are 180 French startups in New York City engaged in such sectors as advertising tech, artificial intelligence and retail.

Greystar Sells Four Multifamily Properties; Opens Office in Chile

John Jordan | April 17, 2018

The portfolio comprises four rental apartment properties—Bella Vista at Boca Del Mar, Centro at Davie, Stonybrook Apartments and Savannah Lakes—totaling 16.6 million rentable square feet and 1,616 units.

Event Coverage

Apollo Partner Warns of US Asset-Price Deflation at NAI Global Summit in Philly

Steve Lubetkin | April 13, 2018

“In all candor, we see more opportunity in Asia for risk-adjusted returns than we do here,” says Philip Mintz with Apollo Global Management’s US and Asia real estate equity business..

StepStone Real Estate Acquires Courtland Partners

Betsy Kim | April 03, 2018

The merged company now has approximately $100 billion in assets under administration.

News

Another Financial Servicer Takes Space at Camana Bay

Natalie Dolce | March 28, 2018

Scotiabank is the latest to take space in Dart Real Estate’s 18 Forum Lane, the first LEED Gold-certified commercial building in the Cayman Islands.

Chicago Consortium Taking the Lead in Saudi Transformation

Brian J. Rogal | March 28, 2018

Dense, amenity-rich communities are becoming the norm in the US, but Saudi Arabia they are unknown.

Event Coverage

'New Localism' Author Bruce Katz Sees Public-Private Opportunities for Cities

Steve Lubetkin | March 20, 2018

“No one is waiting for Washington to do anything remotely intelligent any more,” Katz says. "A small community foundation in this state has more discretion than a cabinet secretary.”

Lotus Capital Provides $237M Loan for London’s Belgravia Gate

Betsy Kim | March 16, 2018

The financing marks the young New York real estate investment bank’s going global.

Korean Investors Are Hot on US Commercial Real Estate

Betsy Kim | March 08, 2018

South Korean investments in US real estate have spiked “off the charts” according to law firm Mayer Brown.

Build Up Local Business Through a Global Platform

Carrie Rossenfeld | March 05, 2018

Prologis’ Hamid Moghadam gives insights on how to keep customers satisfied and grow a company in a market where product for sale is scarce during BMC’s annual Real Estate Conference here.