International
Equinix Begins Development of 4th Data Center in Milan
The first phase of the project is slated for delivery in 2021 and has an estimated cost of $51 million.
Colony Capital Leads $1.2B Investment in Vantage Data Centers
Valued at $3.5 billion, the new strategic partnership will both boost Vantage’s ability to expand its portfolio and help accelerate Colony’s reorientation toward digital infrastructure.
Dexus to Buy Australian Industrial Assets for $120M
In separate transactions, the Sydney-based investment vehicle will add facilities totaling 762,600 square feet in Victoria and New South Wales to its portfolio.
Hines Buys Logistics Asset in Northern England
The company continues to expand its footprint in Europe with the $25.7 million acquisition of a warehouse in West Yorkshire.
Major China Coworking Firm Inks Merger Deal
Ucommune entered into a definitive agreement with Orisun Acquisition Corp. to create a combined company, Ucommune International, with a pro forma firm value of $769 million.
Digital Realty Kicks Off Hong Kong Facility
Plans call for a 226,000-square-foot data center slated for completion by mid-2021.
Angelo Gordon’s $1.5B Fund Targets European Assets
The company will use the equity commitments to pursue off-market, value-add deals across all property types.
Interxion Debuts Third Data Center in Marseille
MRS 3 is the first phase of a $157 million, former World War II submarine base conversion project.
Host Hotels & Resorts Amends $2.5B Credit Agreement
The REIT altered terms of its $1.5 billion revolving credit facility and two $500 million term loans to preserve liquidity and bolster flexibility at a challenging time for the hotel industry.
Building Performance Standards Are de Rigueur for the Future
American Council for an Energy-Efficient Economy’s new white paper analyzes the most at-hand approaches to combat climate change.