properties

Dexus Property and Canada Pension Plan Investment Board purchase office trust from Commonwealth Bank of Australia

Dexus would be managing one fourth of commercial buildings in Sydney upon the takeover by CCPIB of the office trust held by the Commonwealth Bank of Australia.

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Blackstone becomes largest owner of rental properties

As it bought out properties post recession at 35% below market value, Blackstone had accumulated assets for rent to grow into a mature industry.

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Dubai Land to launch website

Dubai Land Department's managing director announced the launch of its e-Market website during the GITEX Information and Technology Exhibition.

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Facebook CEO invests in real estate

Mark Zuckerberg, Facebook CEO, purchased four adjunct houses to his Palo Alto home.

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VTB shares in Rosbank to be sold to Societe Generale

VTB would sell off its shareholdings in Rosbank to Societe Generale and Societe Generale would sell some Russian assets to VTB.

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Blackstone acquires more properties from Hersha

Hersha Hospitality agreed to sell 16 of its properties to a Blackstone Group affiliate.

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