Keppel buys Sydney tower
An Invesco Asia Core Fund subsidiary has bought a Sydney office tower for A$160m (£78m). The 20-storey building at 77 King Street, which comprises 147,000 sq ft of offices and two levels of shops, was bought from Keppel REIT. Office tenants include Facebook and retail tenants include Apple.
Freedom for Progenics
Progenics Pharmaceuticals has agreed to prelet 26,500 sq ft on a long-term lease at Lower Manhattan’s Freedom Tower, built on the site of the former World Trade Center. Publisher Condé Nast is the anchor tenant with 1.2m sq ft. Developer the Durst Organization was represented by Cushman & Wakefield; CBRE acted for Progenics Pharmaceuticals.
AEW buys French sheds
AEW Europe has bought the Corridor portfolio of French sheds from GLL Real Estate Partners for €200m (£154m) on behalf of its logistics fund. The portfolio comprises eight assets totalling 3m sq ft in Lille, Le Havre, Paris and Lyon. JLL advised GLL.
Overseas REIT in Thai debut
The first REIT holding overseas assets has listed on Thailand’s stock exchange. CGD Digital’s MFC Industrial Real Estate Investment Trust was advised by Palmer Capital Asia.
Allianz grabs Bratislava centre
Allianz Real Estate has bought the 430,000 sq ft Central shopping centre in Bratislava, Slovakia, for €175m (£134.8m) from Immocap Group. JLL advised Allianz on the deal, which was its first in the Slovakian market.
Xinquan buys NYC project
Chinese developer Xinquan Real Estate has taken on its first New York residential project after buying a site at 615 10th Avenue in Midtown for $57.5m (£41m).The site has consent for 90 flats.
