CEO Mark Rose said the deal will cut debt and preferred equity by about 70% as the firm's cash flow funds growth.
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The massive real estate transaction to complete in first half of 2027.
The global investment giant hauled in $77 billion during the second quarter while real estate deal activity improved.
The global retail landlord has recently expanded stakes in the San Diego and Seattle markets.
The assets are in Rhine-Ruhr region, Frankfurt and Berlin.
Wojo was jointly owned by Bouygues Immobilier and Accor.
The warehouse developer has bolstered its France team with a number of appointments.
CEO Tony Capuano said the company is in ongoing discussions with hotel owners upset about reimbursements related to the Bonvoy loyalty program.
The CoStar index shows the best relative performers.
The fund extends the global asset manager's net lease strategy to the UK and Europe.
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Higher delinquencies contrast with stronger overall occupancy and steady investment.
As data centers capture attention, other types of real estate are rebounding, executives say.
Top-tier space has become so scarce that major tenants are helping to drive new development.
Read about this week's new hires, promotions and other personnel changes
The CEO of State of Play Hospitality is looking toward a long-awaited New York opening and the road to more than 50 locations.
Cushing Terrell's Alex Bingham has designed hundreds of grocery stores and worked for the singer.
