International
Cara Buys Central London Building for $93M
The firm acquired a Waterloo Place mixed-use asset at a time when values might be hitting a transition point.
Pier 1 Files for Bankruptcy, Looks for Buyer
In the process, the home furnishings retailer will close as many as 450 locations.
Skanska to Build $60M Sustainable Office Tower in Sweden
The 150,700-square-foot building will sprout up in the Hyllie submarket, the most sustainable district in Malmö.
Cross-Border Investment in US Properties Drops 54%
U.S. investors remained active overseas amid a sharp decline in inbound capital flows.
LaSalle Buys Dutch Logistics Facility
On behalf of its pan-European fund Encore+, the company acquired a logistics facility roughly 9 miles from the Port of Rotterdam.
GIC Buys Beijing Office Skyscrapers for $1.1B
Singapore’s sovereign wealth fund purchased LG Twin Towers, two skyscrapers totaling 1.5 million square feet, from South Korean conglomerate LG Group.
Simon’s $3.6B Taubman Buy a Positive Sign for Class A Malls
The deal signals not only that Simon is in it for the long haul but also that premier shopping centers are undervalued.
TIAA Sells Stake in European Office Venture for $682M
CBRE Global Investment Partners purchased the 25 percent interest in the Cityhold Office Partnership, which owns a $2.7 billion portfolio in several European markets.
Simon Property Group To Acquire Taubman for $3.6B
The mall REITs are joining forces in one of the biggest retail mergers since 2018.
Global Hotel Investment Trends to Watch
A new report from JLL notes that while a certain amount of optimism remains, several factors will likely prevent 2020 from being as strong for hotel investment as last year.