LaSalle secures mandate to invest USD1bn of equity in US real estate
Mon, 25 Aug 2014, 10:12
LaSalle Investment Management has been awarded USD1 billion of equity to invest in US real estate by a large European institutional investor.
KBS REIT II sells City Place Tower in West Palm Beach for USD150m
Mon, 25 Aug 2014, 12:27
KBS Real Estate Investment Trust II, a public non-traded real estate investment trust, has sold City Place Tower, a 295,933-square-foot office building in West Palm Beach, Florida, for USD150 million.
Inland Real Estate JV acquires shopping centre in Indiana
Tue, 26 Aug 2014, 06:05
Inland Real Estate Corporation’s joint venture with PGGM has acquired the Princess City Plaza shopping centre in Mishawaka, Indiana for USD28.6 million in cash, subject to future earnout payments.
JTC Group opens new office in New York
Mon, 25 Aug 2014, 14:12
JTC Group has opened a second representative office in the US, adding New York City to its presence in Miami.