DTZ, the global property services firm, today confirmed the close of its sale to the private investment consortium of TPG Capital, PAG Asia Capital and Ontario Teachers Pension Plan. STORE Capital, a retail REIT formed by Oaktree Capital with 850 single-tenant properties, announced terms for its IPO on Wednesday. Pinnacle Entertainment Inc., which owns and runs casino properties, will separate its operating assets and real estate into two publicly traded companies, following pressure from activist investor Orange Capital LLC. These are among todays 10 must reads from around the commercial real estate sector.
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