International

CAYMAN ISLANDS—GlobeSt.com heads back to the Cayman Islands to chat with Dart Real Estate, a subsidiary of Dart Enterprises, about the company's progress on its mixed-use, master-planned community Camana Bay, and what's next.

The delisting from the Singapore Exchange completes a process that began last summer when GLP agreed to a takeover by a consortium including an entity controlled by CEO Ming Mei.

Reportedly the first public REIT in the controlled-temperature space, Americold Realty Trust could be valued at up to $4 billion, Seeking Alpha reported in December.

Company veteran Bill Concannon has led the company's occupier outsourcing business as CEO since 2012; it now encompasses Johnson Controls' Global Workplace Solutions platform, which CBRE acquired in 2015.

The $3-billion deal for Pure Industrial Real Estate Trust will give Blackstone another 22 million-plus square feet of logistics space in both Canada and the US.

The two companies have formed a partnership for additional investments in student housing markets across Europe.

“Fundraising levels are still high—this is the fifth consecutive year in which funds have raised more than $100 billion—but we are not seeing a surge of activity,” says Oliver Senchal at Preqin.

The $4.6-billion agreement occurs some nine months after billions in cost overruns on nuclear construction projects pushed Westinghouse to file for Chapter 11 protection.