Retail property: Blackstone strengthens on the U.S. West Coast with a US$4 billion acquisition Americas On November 6, 2024, U.S. investment fund Blackstone (US$336.1 billion in assets) announced the acquisition of Retail Opportunity Investments Corp (valued at US$2.13 billion) for approximately US$4 billion in cash,…
Commercial rents fell by 3.5% in Tokyo in the 1st half of the year Asia According to Savills’ October 2024 report, retail rents for ground floor stores in Tokyo fell by 3.5% in the 6 months to the end of June 2024.…
