International

"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.”

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.

“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.

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

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.

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

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.

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