Investment
Clarion to Sell Mexican Industrial Portfolio for $202M
Clarion Partners is selling a 22-building industrial portfolio located in Mexico to FIBRA Uno, a Mexican public REIT, for $202 million.
RXR, Walton to Buy 237 Park in Manhattan from Lehman
RXR Realty and an affiliate of Walton Street Capital, have acquired 237 Park Ave., a 21-story office building, from an entity controlled by an affiliate of Lehman Brothers Holdings.
Global Special Report: Identifying Opportunities
As the world’s economies emerge from the Great Recession, investors are becoming more interested in revisiting crossborder real estate opportunities.
CORENET GLOBAL SPECIAL REPORT: Future Workplace to Result in Reduced RE Footprint
Workplace optimization, enabled by a mobile workforce, will entail the reduced use of office space in the future, according to a panel held during the CoreNet Global North American Summit 2013.
Clarion Acquires 173 KSF Office Building in Boston for $121M
Clarion Partners has purchased a six-story, 173,439-square-foot office building in Brookline, Mass. for $121 million.
Ivanhoé Cambridge Buys 105 Additional Residential Units in London
Ivanhoé Cambridge has added Imperial House and Kew Bridge Court, totaling 105 residential units, to its London portfolio totaling $70M.
Carey Watermark Buys Hawks Cay Resort in Florida Keys for $149M
Carey Watermark Investors has added the Hawks Cay Resort on the isle of Duck Key in the Florida Keys to its portfolio in a transaction valued at $149 million.
Blackstone Founder Raises $260M, Breaks Ground on Schwarzman College in Beijing
Blackstone founder Stephen Schwarzman has helped raise $260 million for Schwarzman Scholars, which will be utilized for Schwarzman College at Tsinghua University in Beijing, one of the first academic buildings constructed in China that will target LEED Gold and China Green Building Label certification.
TPG, Ivanhoé Cambridge JV Acquires Point Park Properties
U.S. private equity firm TPG and Ivanhoé Cambridge have teamed up for the purchase of European logistics firm PointPark Properties (P3) from Bahraini investment company Arcapita.