Deals

Behind ARA Korea’s Conrad hotel purchase

The firm remains interested in the rest of the IFC Seoul complex, with the acquisition setting ‘the tone’ for its future Korean investments.

BGO’s Carrafiell: ‘Tectonic technological shifts’ drive latest investment

Through a third investment in Bulk Infrastructure, the New York-based firm looks to meet demand for AI-ready data centers, says its co-CEO.

ECB rates cut receives measured welcome by industry

Real estate market participants do not expect a significant immediate change in debt market conditions.

Palacio Solecio hotel goes from derelict to distinguished

An undisclosed ultra-high-net-worth individual purchased the revamped property from ActivumSG for €51m.

EQT Exeter’s Minneapolis industrial portfolio purchase cost about $475m

The manager is buying 24 properties comprising 5 million square feet from logistics giant Prologis with equity from its $4.9bn sixth industrial value-add fund.

Boyd Watterson, Amber Infrastructure announce merger

The Cleveland-based real estate and fixed income manager and London-based infrastructure firm will have about $35.7bn in total AUM.

Stoneweg eyes ‘one-stop shop’ in Europe with Cromwell acquisition

The addition of Cromwell Europe will double Stoneweg’s AUM and expand its wheelhouse into multiple new markets, says founder Jaume Sabater.

Cromwell to refocus on the Australian market after Europe unit sale

The firm will shift to being a local manager given the difficulties of being global without vast scale, according to Cromwell’s CEO.

MSREI sells four warehouses as near-shoring trend picks up

The four industrial properties located on the Texas-Mexico border were sold to two institutional buyers.

A ‘Grand’ makeover after 144 years for Venice’s Hotel Bauer

The historic five-star hotel on the Grand Canal has been closed since 2022 for renovation, and now has a new owner.