Since initiating its LEED program a decade ago, the Baltimore-based commercial real estate company has developed almost 3 million square feet of Gold, Silver or Certified space.
Motilal Oswal Real Estate: Motilal Oswal Real Estate Invests Rs 83 Crore In Radiance Projects, Real Estate News, Et Realestate
The fund house recently announced the first close of its fourth fund, IREF IV, at Rs 575 crore and is looking to achieve the final close by the end of this financial year.
BlackRock bought the Lyoner Stern office building in 2016.: BlackRock Real Assets has sold a 28,000sqm office building in Frankfurt on behalf of its European value-added strategy. BlackRock said the Lyoner Stern office building, which was sold for an undisclosed sum, marks the second realisation of the German value-add portfolio and the third in total in the strategy. Thomas Muller, portfolio manager within BlackRock's European real estate business, said: "Lyoner Stern is another great success story and testament to our European investment strategy of targeting overlooked assets in the most liquid cities with the tightest occupational markets.
Indian Real Estate: Pes Invest $1B In Indian Real Estate In January-march: Data, Real Estate News, Et Realestate
Private equity (PE) investment in the sector has touched nearly $1billion during January-March, showed data from Anarock Property Consultants.
Colony Group LLC cut its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 10.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 90,718 shares of the exchange traded fund's stock after selling 10,440 shares during the quarter. Colony Group LLC's holdings in Vanguard Real Estate ETF were worth $6,765,000 as of its most recent SEC filing. A number of other hedge funds have also made changes to their positions in the business.
Cromwell sold two office buildings and one light industrial building the Omikron portfolio. : Cromwell Property Group has sold two office buildings and one light industrial building in the Netherlands from a portfolio it manages on behalf of Goldman Sachs. The real estate manager said it sold the assets in Houten from the Omikron portfolio to an unnamed buyer for an undisclosed sum. The assets are the Meidoornkade 10 and Meidoornkade 12 three storey office buildings with a combined total area of 5,617sqm and the 6,263sqm Peppelkade 29 light industrial building.
President Trump's disparaging attack on the late Sen. John McCain (R-Ariz.) is upsetting Senate Republicans who see the repeated insults on a former war hero and pillar of the Senate as unnecessary and corrosive.Tr...
AEW Capital Management is looking to sell its boutique office building at 360 Lexington Avenue asking just shy of $200 million. The Boston-based investment firm, headed by CEO Jeff Furber, put the 26-story building at the corner of Lexington and East 40th Street on the market with an asking price around $190 million, sources told The Real Deal. The pricing works out to a bit more than $700 per square foot. A representative for AEW [...]
The commercial real estate space is witnessing a reduction in vacancy levels, rental appreciation and consolidation, with just eight to nine large developers dominating the market, Care ratings agency has said in its report.