News/Events
Alexandria Shows Positive Signs After Several Depressed Quarters: Earnings
Ailing Alexandria Real Estate Equities is showing signs of improvement as leasing increased over the second quarter of 2026, a hopeful sign of progress after several quarters of declining fundamentals. The life sciences-focused real estate investment trust (REIT) posted earnings Tuesday that show declining balance sheet performance with $73.7 million in net income for the…
Munish Viralam of Newmark: 5 Questions
Munish Viralam arrived at Newmark in June, fresh off an 18-year stint at CBRE. As executive vice chairman at Newmark, Viralam has been tasked with leading the firm’s newly centralized real estate strategy and consulting group, scaling up its strategic arm, and helping corporate tenants navigate the maze-like process of real estate strategy and negotiations.…
Simon Property Group Family Embroiled In Lawsuit Over Real Estate Offshoot
Herbert Simon sues family over changes to private real estate holdings shares.
Post Brothers Looks To Sell 2 Philly Apartment Buildings
The Poplar and The Darien apartment buildings in Philadelphia's Poplar neighborhood have hit the market.
Office Leasing Posts Strongest First Half Since 2019
West Coast markets are leading the way, driven by strong demand from artificial intelligence companies.
Apollo Gives Starwood's REIT A $1B Boost With Affordable Housing Investment
Apollo's $1B will be used to pay down debt at SREIT, which is facing a liquidity crunch amid a flood of redemption requests.
Savills Finalizes Eastdil Secured Acquisition for #2 Global Advisory on Large CRE Deals
Savills Plc has completed its acquisition of Eastdil Secured LLC, for an enterprise value of US$1.1125 billion (approximately £827 million). The proposed acquisition was announced this past March. Eastdil Secured will be rebranded to “Eastdil Secured Savills” with immediate effect and will continue to operate its existing business model within Savills Group, as the Group’s Real Estate…
KKR and Its European Industrial Platform Acquire UK Portfolio
KKR and Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, have acquired a portfolio of four prime UK logistics assets from PLP for approximately £170 million (US$228.5 million). Comprising assets in Stafford, Crewe, Ellesmere Port and Wakefield, the portfolio totals 1.25 million square feet. The buyers said the portfolio is located within established…
Segro Board Agrees to Prologis Takeover in All-Stock Deal
Prologis, Inc.’s pursuit of UK-based industrial landlord Segro plc has paid off with the Segro board agreeing Tuesday to terms of an acquisition. The all-stock deal values Segro at approximately US$18.8 billion. For San Francisco-based Prologis, which had sought a takeover since at least early 2024, the acquisition of Europe’s largest industrial real estate landlord…
