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Union Group attracts strategic investment from Dundee Corporation Wed, 19/06/2013 - 06:12

Union Group, an investor in real assets in emerging Latin American countries, has sold a 25 per cent stake in the company to Dundee Corporation, a Canadian investment house.

MPG Office Trust completes sale of US Bank Tower in LA

Wed, 19/06/2013 - 16:14

MPG Office Trust has completed the sale of US Bank Tower and the Westlawn Garage, each located in Downtown Los Angeles, California, to Beringia Central, an indirect wholly owned subsidiary of Overseas Union Enterprise Limited. »

Monmouth acquires 103,402 sq ft Virginia industrial building

Wed, 19/06/2013 - 13:51

Monmouth Real Estate Investment Corporation has acquired a new built-to-suit 103,402 square foot industrial building located at 1935 Blue Hills Drive, Roanoke, Virginia at a purchase price of USD10,200,000. »

Rockwood Real Estate Advisors sells Crowne Plaza Hotel in Colorado Springs

Wed, 19/06/2013 - 10:17

Rockwood Real Estate Advisors has arranged the sale of the 500-room Crowne Plaza Hotel located in Colorado Springs at Exit 138 of Interstate-25, just south of downtown. »

Law Society of Scotland to consult on conflict of interest rule change in property lending

Tue, 18/06/2013 - 16:08

The Law Society of Scotland is to consult with solicitors, lenders and consumer interest groups on proposals to change its rules on conflict of interest in property transactions. »

KBS Strategic Opportunity REIT purchases USD86m Denver office complex

Tue, 18/06/2013 - 14:26

KBS Strategic Opportunity REIT, a public non-traded real estate investment trust based in Newport Beach, California, has purchased the Westmoor Center, a six-building, Class-A office complex totalling 612,890 square feet in the Denver submarket of Westminster, Colorado. »

AXA Real Estate to manage EUR10bn infrastructure debt commitment

Tue, 18/06/2013 - 11:47

AXA has increased its exposure to the infrastructure debt market with a commitment to invest up to EUR10bn over the next five years and has appointed AXA Real Estate to source and manage the investments. »