Buchanan Capital Partners, an Austin-based commercial real estate firm renowned for its zero-fee, performance-driven approach, has closed three high-profile multifamily investments. The deals include two new developments in New Braunfels, Texas, and Colorado Springs, Colorado, along with the acquisition of Crenshaw Grand Apartments in Houston. This marks a significant move by the firm to expand […]
In a major development for India’s real estate sector, Godrej Properties Ltd. (BSE: GODREJPROP) has emerged as the highest bidder for two prestigious group housing plots in Gurugram. The company has secured the Letter of Intent from Haryana Shehri Vikas Pradhikaran (HSVP) for these high-value properties through a competitive e-auction. The combined bid value for […]
Warehouse REIT, a prominent investor in multi-let warehouses, has announced its latest acquisition: Phase 2 of Ventura Retail Park in Tamworth, near Birmingham, for a total of £38.6 million. This acquisition, which sports a net initial yield of 7.4%, marks a significant expansion in one of the UK’s leading retail spaces. Ventura Retail Park, notable […]
In a significant development in the real estate and private equity sectors, Oakley Capital Fund IV has announced the sale of its stake in idealista, southern Europe’s premier online real estate classifieds platform, to the global private equity firm Cinven. This transaction, which values idealista at €2.9 billion, marks a pivotal moment for the company, […]
Regional REIT Limited (LSE: RGL) has announced a significant Capital Raising initiative amounting to approximately £110.5 million. This move is structured through a Placing, Overseas Placing, and Open Offer of 1,105,149,821 New Ordinary Shares at an issue price of 10 pence per share. The deal is fully underwritten by Bridgemere Investments Limited, part of the […]
CIM Group has successfully completed the sale of its Goodyear Airport portfolio, consisting of two fully leased industrial buildings with a combined total of 726,802 square feet, situated adjacent to Phoenix Goodyear Airport in Arizona. This strategic move highlights CIM Group’s adept management and positioning of real estate assets within key logistic hubs. Comprehensive Details […]
Tritax EuroBox plc has exchanged contracts to sell its Gothenburg warehouse asset for SEK 385 million to a leading pan-European real estate investment manager. Key Points of the Disposal 1. Deal Price: – Headline sale price of SEK 385 million. – Broadly in line with the September 2023 valuation. – Conditional on approval under the […]
Unite Students, a prominent figure in the UK’s purpose-built student accommodation (PBSA) sector, has successfully completed the sale of six properties, encompassing a total of 2,948 beds, to PGIM Real Estate for a substantial sum of £184 million, of which Unite’s share amounts to £76 million. This strategic move reflects the company’s ongoing efforts to […]
Real estate investment firm Cress Capital, in collaboration with Denver-based E2M Ventures, has announced the successful acquisition of a prominent 24-story office building, ‘The 410’, located at 410 17th Street in the heart of Downtown Denver. This strategic acquisition not only highlights Cress Capital’s commitment to investing in prime real estate but also reflects its […]
JLL’s Capital Markets group has successfully arranged a $290 million construction loan for Parkside Uptown, a forthcoming trophy Class AA office tower in Uptown Dallas. This financing, secured on behalf of developer Pacific Elm Properties, comes from the Real Estate group within Goldman Sachs Alternatives. The loan is a four-year, floating-rate agreement set to support […]