The acquisition comes amid increasing interest in commercial property in California’s tech hot-spot.
John Slade, head of international investments for the global real estate advisory firm, believes emerging markets ‘are not going to be halted in their tracks’ by a slowdown in the US.
The UK-centric large buyout focus of the Walker Report means only a limited number of portfolio companies have to comply. Moves are afoot to take the transparency reforms further.
An €800m fund managed by Allied Irish Bank has bought two further assets in Poland.
Having recently closed on its first India real estate fund and a second China property fund, Southeast Asia’s largest property developer is setting its sights on yet another Asian country.
Ohio-based Legacy Capital Partners will pursue holding periods of as long as 15 years.
A Singapore sovereign fund’s purchase of a prized fixture in Tokyo’s skyline has resulted in a handsome exit for Morgan Stanley and Starwood Capital.
The state’s public safety personnel pension has also approved new advisory contracts with ORG, StepStone and Capital Dynamics and announced $125 million in commitments to real estate and infrastructure funds.
The Hamilton Plaza office complex in California’s dot-com district has traded hands amidst continued interest in the area’s property market.
The RMB4 billion joint venture is gearing to break ground on a two-million-square-foot mixed-use complex in China’s capital city.