News/Events
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…
The World's Largest Data Center Hub Pursues A Development Pause. Is It Even Legal?
Loudoun County debates a pause on new facility applications, even though moratoriums are illegal in Virginia.
Alexandria's $73M Quarterly Loss Highlights Deepening Life Sciences Real Estate Slump
Alexandria Real Estate struggles in Q2 with $73.7M loss as life sciences market faces challenges.
The World Cup Boosted LA Hotel Rates. Occupancy Barely Budged
World Cup boosts LA hotel rates but not occupancy. Challenges include travel costs and event planner competition.
