Commercial Real Estate News for Thursday, Sept. 21

In Thursday’s commercial real estate news – we’ll look at an update on CapitaLand Commercial plan to purchase a Singapore office tower, whether Forest City can attrac tbidders in a potential sale, and more.

UPDATE 2-CapitaLand Commercial to buy Singapore office tower from BlackRock for $1.55 bln

The deal for Asia Square Tower 2 marks Singapore’s second-largest office building sale of Tower 2 which sold last year.

Forest City Would Attract Plenty of Bidders in a Potential Sale

Should Forest City choose to sell or merge its company, there is “no question” there would be interested parties, potentially including Blackstone, industry observers say.

Cohen’s Point72 Unit Backs Real Estate Investing Firm AlphaFlow

Cohen’s unit is leading the round alongside Resolute Ventures, a VC firm that specializes in early-stage investments, according to a statement Wednesday.


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