Newmark has formed a dedicated industrial outdoor storage brokerage practice, expanding its coverage of truck yards, fleet parking sites and equipment storage as investors look beyond conventional warehouses for industrial property opportunities. The firm announced...
Tishman Speyer and Dutch investment manager Bouwinvest Real Estate Investors have formed a new partnership to acquire and reposition office properties across the United States, making the Chrysler Building in Manhattan the vehicle’s first investment.The...
Sunrise Realty Trust and Southern Realty Trust have secured shareholder approvals for their planned merger, clearing a major hurdle toward combining the commercial real estate lenders into a larger publicly traded platform.At a special meeting Friday, October 23,...
Blackstone’s real estate business felt the impact of a more difficult investment market in the third quarter, with its opportunistic property funds declining 3.2% in value even as the firm continued raising and deploying billions of dollars. The world’s...
In brief: Keppel REIT has agreed to acquire a 51% interest in Singapore’s Keppel South Central office property from sponsor Keppel Ltd. in a proposed transaction involving approximately S$611 million in consideration and shareholder-loan repayment. The agreement...