Melbourne Real Estate

PR News Wire | April 09, 2020

Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located in Southern California infill markets, today announced the acquisition of an industrial property for $15.5 million. The acquisition was funded using cash on hand. "Acquired as a sale-lease-back through an off-market transaction, this investment demonstrates our te...

REAL ESTATE INVESTMENT

Lloyds Auctioneers & Valuers Pty Ltd | October 11, 2021

The innovative online auction house is proving to be a disruptor in yet another market, with the combination of properties starting at just $1, a gazump-free guarantee and accepting all forms of payment including cryptocurrency, Lloyds is challenging the traditional real estate model. Throughout COVID lockdowns this veteran auction house has used high quality audio/visual walkthroughs of each property along with millions of items sold, to morph itself over the last 5 years into a ...

INVESTMENTS

Rubicon Point Partners | January 25, 2022

Rubicon Point Partners ("Rubicon"), a woman and minority-owned real estate company specializing in transformative investments, announced its recent acquisition of the iconic Rotunda Building in downtown Oakland from Rotunda Partners II, who have owned the building since 1999 and will continue as a minority owner. Featuring some of the Bay Area's best examples of Beaux-Arts architecture, the building also features a four-story parking garage. Rubicon plans to roll out...

REAL ESTATE TECHNOLOGY

PS Business Parks | May 31, 2022

PS Business Parks, Inc. announced the expiration of the “go-shop” period set forth in the previously announced definitive merger agreement with affiliates of Blackstone Real Estate, dated as of April 24, 2022 (merger agreement). Under the terms of the merger agreement, Blackstone has agreed to acquire all the outstanding shares of the Company’s common stock for $187.50 per share in an all-cash transaction valued at approximately $7.6 billion, including transaction expenses. The...