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Hotel Modera

Paramount Lodging Advisors closes sale of Hotel Modera in Portland, Oregon

Fri, 30/08/2013 - 13:33

Paramount Lodging Advisors, as the exclusive advisor to Posh Ventures, has closed the sale of the 174-room Hotel Modera in Portland, Oregon. »

Galeria Dominikańska

Atrium completes EUR151.7m acquisition of Galeria Dominikańska in Wroclaw, Poland

Fri, 30/08/2013 - 12:09

Atrium European Real Estate has completed the acquisition of the 32,900 square metre Galeria Dominikańska shopping centre in Wroclaw, Poland, for a consideration of EUR151.7m. »

House

UK house-building levels continue to improve, says NHBC

Fri, 30/08/2013 - 10:07

UK house-building levels continue to show improvement on recent years, with figures for July 19 per cent higher (13,539) than the same month last year (11,391), according to NHBC’s latest registration statistics. »

Warehouse

Carlyle and Townsend to invest USD200m in Chinese logistics warehouses

Fri, 30/08/2013 - 06:08

The Carlyle Group and The Townsend Group have partnered with Shanghai Yupei Group, one of the largest logistics warehouse developers in China, to invest in 17 modern warehouses in China. »

Three fingers

DCT Industrial Trust acquires a three building portfolio in Phoenix

Fri, 30/08/2013 - 06:03

Industrial real estate company DCT Industrial Trust has acquired a three building portfolio totalling 308,000 square feet in the Tempe/Airport submarket of Phoenix. »

Care home

Washington Trust finances USD5m Rhode Island assisted living facility

Thu, 29/08/2013 - 16:05

Washington Trust’s commercial real estate group has provided USD5m in construction financing to Scandinavian Home for a 2,000 square foot addition to an assisted living facility in Cranston, Rhode Island as well as renovations to existing facilities. »

British pounds

Hansteen see profits rise in H1 2013

Thu, 29/08/2013 - 15:17

Hansteen Holdings has reported an increase of 29 per cent in its normalised income profit to GBP18.9m for the six months ended 30 June 2013 (H1 2012: GBP14.7m). »

Property fund

Value added non-listed property funds outperformed core funds in Q2, says INREV

Thu, 29/08/2013 - 13:28

Value added non-listed property funds outperformed core funds for the first time since 2011, with value added at 1.44 per cent compared to 0.58 per cent for core in Q2 2013, according to figures released by INREV. »

Sold sign

Franklin Street Properties acquires office property in Denver, Colorado

Thu, 29/08/2013 - 12:07

Franklin Street Properties has acquired a 20-storey, multi-tenant office building and retail plaza containing approximately 655,565 rentable square feet of space in the central business district of Denver, Colorado for a purchase price of USD217m. »

Grades

Moody's upgrades Keppel REIT to Baa2

Thu, 29/08/2013 - 10:17

Moody's Investors Service has upgraded the issuer rating of Keppel REIT to Baa2 from Baa3. »

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