Regions

MIPIM Special Report: Global Healthcare, Seniors Housing Dynamics

A panel of experts at the global real estate conference discusses the robust and widely varied global opportunities in seniors housing and healthcare real estate.

Prologis to Develop New Green Industrial Park in Tokyo’s Saitama Ken-O Submarket

Provider and operator of logistics infrastructure Prologis is kickstarting the construction of a new, 451,000-square foot industrial project in Tokyo’s Saitama Ken-O submarket .

MIPIM Special Report: Innovation, Reinvention, Communication: Keys to Inner City (Re)Development

In the current development environment, keys to successfully developing inner cities are a mixed land use, livability, a lifestyle brand, investment & management innovation, and reinvention.

NFR, Oaktree Buy 3 MSF Office Portfolio for $241M

It could take years to amass 3.4 million square feet of high-quality office space or it could happen overnight, as it did for National Financial Realty and Oaktree Capital Management.

CPC, Citi Announce $250M Facility to Finance Affordable Housing

Citi Community Capital has provided $250 million in financing, one of its largest single investments in affordable housing, to help create or preserve nearly 6,000 low- and moderate-income units in New York State.

Sale of US Bank Tower Marks Shift in Downtown LA Market

The newly announced purchase of US Bank Tower, the tallest building in California, is not only a major transaction in itself, at $367.5 million, but also a deal that could send some reverberations through the downtown Los Angeles office market.

Manulife Acquires New Retail Property in Western Canada

Manulife Real Estate has purchased the Aldergrove Village Shopping Centre in Greater Vancouver’s Langley Township of British Columbia.

TGM Buys Two-Property M-F Community in Chicago Area for $101M

New York-based multi-family investor TGM Associates has purchased TGM Willowbrook, a two- and three-story garden property, totaling 712 units in 76 buildings, located in Willowbrook, Ill., for $101 million.

Melbourne’s Largest Office Tower in 25 Years Purchased for $462M

Real estate investment trust IOF has announced the acquisition of a premium office project in Melbourne in partnership with Investa Commercial Property Fund.

Walgreens to Build Nation’s First Net-Zero Energy Retail Store in Evanston, Ill.

Walgreens is building a net-zero energy store in Evanston, Ill., that will use solar and wind power, geothermal heating and cooling and other energy-saving technologies to generate electricity and reduce its usage by more than 40 percent.