Five Point Holdings Appoints Mike Alvarado as Chief Operating Officer
Five Point Holdings, LLC (NYSE:FPH), a leading developer of large mixed-use planned communities in coastal California, has announced the appointment of Mike Alvarado as its...
Icade unveils its new strategic plan ReShapE for 2024-2028
AMSTERDAM: Icade, a leading French real estate company, has announced its new strategic plan ReShapE for 2024-2028 at its Investor Day in the Paris Orly-Rungis...
Union Properties posts record net profit of AED 811 million in 2023
DUBAI: Union Properties PJSC (UPP) announced its preliminary financial results for the fiscal year 2023, registering a record net profit of AED 811 million, up...
CoStar Group buys Arlington office building, plans to relocate from D.C.
CoStar Group, a leading online real estate platform, has purchased a 552,000 square foot office building in Arlington, Virginia, for an undisclosed amount. The company...
Tritax Big Box REIT proposes to acquire UK Commercial Property REIT for £924 million
LONDON, UK: Tritax Big Box REIT PLC (BBOX) and UK Commercial Property REIT Limited (UKCM), two of the UK’s leading real estate investment trusts, have...
Aldar and Carlyle join forces to invest in European logistics and self-storage assets
Abu Dhabi, UAE: Aldar Properties, the UAE’s leading real estate developer, investor, and manager, has announced a strategic partnership with Carlyle (NASDAQ: CG), a global...
BWP Management Limited makes $246.8 million bid for Newmark Property REIT
SYDNEY, AUSTRALIA: BWP Management Limited (BWPM), the responsible entity for BWP Trust (BWP), has launched an all-scrip offer to acquire all the securities of Newmark...
Aldar Properties announces new projects worth AED 5 billion to boost recurring income
Abu Dhabi, UAE: Aldar Properties, the leading real estate developer, manager, and investor in Abu Dhabi, has announced a development pipeline of new projects worth...
TECOM Group reports record revenue and profit for 2023
TECOM Group, the creator of specialised business districts and vibrant communities in Dubai, reported a record revenue of AED 2.2 billion and a net profit...
Shaftesbury Plc to merge into Capital & Counties Properties
LONDON, UK: Capital & Counties Properties (Capco) and Shaftesbury PLC have reached agreement on the terms of a recommended all-share merger to form the combined...
Hilary Spann appointed on Goodman Group Board
SYDNEY, AUSTRALIA: Goodman Group has appointed Ms Hilary Spann, a highly experienced global real estate executive, as an Independent Director to the boards of Goodman...
Helical Plc announces intention to convert to a REIT
LONDON, UK: Helical plc, a UK real estate investment company, announced its intention to convert to a REIT with effect from 1 April 2022. As...