British Land sells majority stake in Paddington Central assets to GIC for $886 million
British Land sells majority stake in Paddington Central assets to GIC for $886 million
Commercial landlords have struggled over the past two years as multiple COVID lockdowns and an extended moratorium on rent collection has hurt retail-focused assets, while a shift to remote working has weighed on office portfolios.
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Commercial landlords have struggled over the past two years as multiple COVID lockdowns and an extended moratorium on rent collection has hurt retail-focused assets, while a shift to remote working has weighed on office portfolios.
Commercial landlords have struggled over the past two years as multiple COVID lockdowns and an extended moratorium on rent collection has hurt retail-focused assets, while a shift to remote working has weighed on office portfolios.
Expected to close in the third quarter, the transaction adds several new asset classes and strategies to the Toronto firmโs capabilities.
The post Colliers to Buy Majority Stake in Rockwood Capital appeared first on Commercial Property Executive.
Expected to close in the third quarter, the transaction adds several new asset classes and strategies to the Toronto firmโs capabilities.
The post Colliers to Buy Majority Stake in Rockwood Capital appeared first on Commercial Property Executive.
Australian toll road operator Atlas Arteria Ltd. has entered an agreement to acquire a majority stake in the Chicago Skyway for more than $2 billion.The firm would acquire a 66.67% stake in the toll road from two Canadian pension funds and establish a partnership with the Ontario Teachersโ Pension Plan, which will retain a 33.33% stake, the firm announced. The pension funds had acquired the Skyway in 2016 for $2.8 billion.The 7.8-mile tolled Skyway, built in 1958, connects the Ind...
Australian toll road operator Atlas Arteria Ltd. has entered an agreement to acquire a majority stake in the Chicago Skyway for more than $2 billion.The firm would acquire a 66.67% stake in the toll road from two Canadian pension funds and establish a partnership with the Ontario Teachersโ Pension Plan, which will retain a 33.33% stake, the firm announced. The pension funds had acquired the Skyway in 2016 for $2.8 billion.The 7.8-mile tolled Skyway, built in 1958, connects the Ind...
Jaguar Building Services has retained its contract at Paddington Central for a further five-year term following an official retender process. The deal will see Jaguar providing M&E maintenance services to British Landโs portfolio of buildings at Paddington Central, including 3 Sheldon Square, 2 Kingdom St, 4 Kingdom St, and the Estate areas. Commenting on the ...
The post Jaguar retains Paddington Central deal appeared first on FMJ.
Jaguar Building Services has retained its contract at Paddington Central for a further five-year term following an official retender process. The deal will see Jaguar providing M&E maintenance services to British Landโs portfolio of buildings at Paddington Central, including 3 Sheldon Square, 2 Kingdom St, 4 Kingdom St, and the Estate areas. Commenting on the ...
The post Jaguar retains Paddington Central deal appeared first on FMJ.
Australian toll road operator Atlas Arteria Ltd. has entered an agreement to acquire a majority stake in the Chicago Skyway for more than $2 billion.Atlas Arteria would acquire a 66.67% stake in the toll road from two Canadian pension funds and establish a partnership with the Ontario Teachersโ Pension Plan, which will retain a 33.33% stake, the firm announced. The pension funds had acquired the Skyway in 2016 for $2.8 billion.The 7.8-mile tolled Skyway was built in 1958. It conne...
Australian toll road operator Atlas Arteria Ltd. has entered an agreement to acquire a majority stake in the Chicago Skyway for more than $2 billion.Atlas Arteria would acquire a 66.67% stake in the toll road from two Canadian pension funds and establish a partnership with the Ontario Teachersโ Pension Plan, which will retain a 33.33% stake, the firm announced. The pension funds had acquired the Skyway in 2016 for $2.8 billion.The 7.8-mile tolled Skyway was built in 1958. It conne...
This marks the second-highest valuation on record for an office building in the city.
The post Howard Hughes Sells $210M Stake in Chicago Trophy Tower appeared first on Commercial Property Executive.
This marks the second-highest valuation on record for an office building in the city.
The post Howard Hughes Sells $210M Stake in Chicago Trophy Tower appeared first on Commercial Property Executive.
Developer says 91% of costs are fixed on planned schemes
Developer says 91% of costs are fixed on planned schemes
In-migration to Whatcom County from the Seattle and Vancouver metros have driven real estate inventory to "record lows," says the company's CEO, who expects the units to be in high demand.
In-migration to Whatcom County from the Seattle and Vancouver metros have driven real estate inventory to "record lows," says the company's CEO, who expects the units to be in high demand.
The properties have a combined value of $86 million.
The post RAF Pacifica Group Sells Suburban San Diego Assets appeared first on Commercial Property Executive.
The properties have a combined value of $86 million.
The post RAF Pacifica Group Sells Suburban San Diego Assets appeared first on Commercial Property Executive.
A major real estate investment and land asset management company has closed the sale of 1,215 acres of land in Grayson County that could eventually accommodate more than 7,000 homes and ancillary uses.
A major real estate investment and land asset management company has closed the sale of 1,215 acres of land in Grayson County that could eventually accommodate more than 7,000 homes and ancillary uses.