Done Deals Real Estate News
Done Deals
Cerberus Sells Tokyo Land Parcel for $127 Million
U.S.-based private equity firm Cerberus Capital Management LP has sold a 1,900-square-meter land parcel in Tokyo to Japanese general contractor Shimizu Corp, riding on the property market boom in Japan due to Abenomics.
Griffin-American Buys U.S. Senior Housing Portfolio
West Loop Holdings, a joint venture of GE Capital Healthcare Financial Services, KMF Senior Housing Investors and Senior Lifestyle Corporation, has sold a senior housing portfolio in the U.S. to Griffin-American Healthcare REIT II.
Follow Up: Marriott Hotels
Marriott International Inc. has finalized the sale of the London EDITION and agreements for sale of the Miami EDITION and the New York EDITION. The purchaser was companies ultimately owned by the Abu Dhabi Investment Authority.
Allianz to Buy German Mall for $408 Million
Allianz Real Estate is planning to buy the Koe Galerie shopping mall in Dusseldorf from Blackstone Group for €300 million. Allianz, the real estate investing arm of Europe's largest insurer, will acquire 20,000 square meters in retail space.
