Howard Hughes Corp, which counts activist investor William Ackman as chairman, said on Monday it would sell about $2 billion of non-core assets following a strategic review and announced a management reshuffle. Shares...
Xander sets up $250 mn industrial realty fund to acquire logistics assets
Singapore’s Xander Investment Management has set up a $250 million industrial real estate venture to purchase assets in the high-growth logistics and e-commerce sectors at industrial corridors across major cities in...
Brazil’s MRV weighs up to $255 million stake in U.S. firm AHS: filing
Brazilian homebuilder MRV Engenharia e Participacoes SA will hold a shareholders meeting on Oct. 4 to vote on a proposal to buy a controlling stake in U.S. real estate firm AHS Residential for $220 million to $255...
Oberoi Realty buys 60-acre land from GlaxoSmithKline in Thane for Rs 890 cr
Oberoi Realty Ltd on Friday said it has bought around 60 acres of land in Thane, Maharashtra from GlaxoSmithKline Pharmaceuticals for nearly Rs 890 crore. In a regulatory filing, the Mumbai-based developer said...
Fresh bids invited for debt-ridden Ariisto Developers under insolvency proceedings
Resolution professional of debt-ridden Ariisto Developers has invited fresh bids from prospective buyers to revive the Mumbai-based real estate firm which has gone under insolvency proceedings since last year. Mumbai...
Blackstone may buy out Indiabulls Real Estate’s commercial properties: ET
Blackstone Group (BX.N) is set to buy the remaining 50% stake in Indiabulls Real Estate’s (INRL.NS) commercial properties for about 48 billion rupees ($688.8 million), the Economic Times (ET) reported on Monday. The...
Israel’s Elco to buy Azrieli unit Granite Hacarmel for $290 million
Holding company Elco Ltd (ELCO.TA) said on Sunday it agreed to buy Granite Hacarmel Investments from Israeli real estate developer Azrieli Group (AZRG.TA) for 1.02 billion shekels ($290 million). The purchase price...
CBRE to buy Telford Homes to tap into Britain’s build-to-rent market
U.S. real estate firm CBRE Group Inc (CBRE.N) said it would buy British property developer Telford Homes Plc (TELF.L) for about 267 million pounds ($336 million) in a bid to expand into Britain’s apartment rental market...
CBRE to buy Telford Homes to tap into Britain’s build-to-rent market
U.S. real estate firm CBRE Group Inc (CBRE.N) said it would buy British property developer Telford Homes Plc (TELF.L) for about 267 million pounds ($336 million) in a bid to expand into Britain’s apartment rental market...
Australia’s Aveo favors Brookfield arm in takeover talks
Australia’s Aveo Group (AOG.AX) on Thursday confirmed that the real estate investment arm of Canada’s Brookfield Asset Management Inc (BAMa.TO) is the preferred party with which the retirement-home operator is holding...
Qatar Investment Authority, Douglass Emmett acquire $365 mln California real estate complex
Qatar Investment Authority (QIA) and real estate investment trust Douglas Emmett Inc (DEI.N) have acquired a $365 real estate development in California, the Qatari sovereign wealth fund said on Monday. The deal is for...
CapitaLand completes $8 bn acquisition of Ascendas-Singbridge
Singapore-based investor CapitaLand Ltd on Sunday said it has completed the purchase of Temasek Holdings-owned Ascendas-Singbridge Pte. Ltd. The deal creates one of Asia’s largest diversified real estate groups with...
