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New York-based private equity giant KKR, advised by Kirkland & Ellis, plans to sell a portfolio of industrial warehouses in the U.S. featuring about 14.5 million square feet of space to Canada's Oxford Properties for roughly $2.2 billion, the companies said Tuesday. ....
KKR Sells US Warehouse Portfolio In $2.2B Deal With Oxford law360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law360.com Daily Mail and Mail on Sunday newspapers.
Oxford gets green light for build-to-rent in Sydney CBD Share A 39-storey build-to-rent building in the heart of the Sydney CBD has won planning approval, as part of a $1 billion two-tower development on Pitt Street by Canada’s Oxford Properties. With 234 apartments, the residential tower will rise above the southern entrance of the Sydney Metro Pitt Street station, the first such BTR project in the CBD. Its companion tower, a 39-level office tower, was granted development approval last month. A render of the build-to-rent project that will rise above the Pitt Street Metro station. Partnered with local property platform Investa and CPB Contractors, the Oxford-led consortium is building the metro station and the two towers above. Work on the station started late last year while construction of the residential tower is expected to kick off later this year. ....
In the media Australia makes top 10 for real estate investment Australia just became one of the top ten countries to buy real estate with inbound investments to increase sharply in 2021 (04 November 2020). More. Office outlook optimistic for 2021 There is likely to be “no major demise” to the global office sector, despite remote working arrangements, with higher rental incentives expected in CBD offices, according to a global survey by Savills Investment Management (04 December 2020). More. Australian commercial property firms see environmental management as increasingly important to their business Many companies that work in commercial real estate are lagging behind other industries in terms of good environmental management, but there is an increasing number that are catching up fast, a new international report has found (03 December 2020). More. ....