Deals

Hines’ core fund buys New Jersey apartments

The manager bought two luxury high-rise apartments for $222m all cash.

Brookfield makes further real estate secondaries push in Europe

The Toronto-based manager has executed two European deals from its Real Estate Solutions strategy this month alone.

Blackstone doubles down on UK hotels

The manager is set to expand the Village Hotels brand it acquired for €800m to other European markets and the US.

Almanac to acquire minority interest in Dermody Properties

The transaction is the third in the New York-based firm’s minority stakes strategy investing in real estate managers.

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.