Macquarie Infrastructure and Real Assets (MIRA), a division of the Macquarie Group, and GLL Real Estate Partners (GLL), the Munich-based real estate fund manager, announced they have signed an agreement which will see GLL become the real estate equity investment platform for MIRA in Europe and the Americas operating under its own brand. The terms of the transaction remain confidential.
New research from JLL challenges traditional approaches to evaluating city competitiveness by encouraging the global real estate market to rethink city performance metrics. In World Cities: Mapping the Pathways to Success, published in conjunction with The Business of Cities, JLL delves into global cities’ performance to evaluate their strengths and opportunities for real estate investors, developers and corporate occupiers.
Globalworth announced the successful completion of the non-pre-emptive placing of new ordinary shares. A total of 38.9 million new ordinary shares in the company have been placed by Jefferies International Limited at a price of €8.75 per placing share, raising total gross proceeds of €340 million, in excess of the company's target and oversubscribed at this level.
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