Paul Rosta
International: First VIVO! Shopping Center Opens in Piła, Poland
Immofinanz Group has completed its first VIVO! shopping center in the Polish city of Piła and marked the occasion with a grand opening on Oct. 17.
ULI Special Report: Crowdfunding Leaders Share Insights
Innovation was a recurring theme at the Urban Land Institute’s fall conference in Manhattan last week, and capital markets took the spotlight when a panel of executives explored the crowdfunding phenomenon.
DTZ’s Deal for Cassidy Turley Shakes Up Service Sector, Analysts Say
Buying Cassidy Turley is a good move for both the commercial real estate services firm and the international private equity investment consortium behind DTZ’s acquisition if they want to compete on a global level with CBRE Group Inc. and JLL, industry analysts and consultants said.
Madison International Acquires 50% Stake in Oslo Luxury Retail Center
Madison International Realty has acquired a 50 percent stake in The High Street Shopping Co., a major retail shopping development in Oslo, Norway, from Schage Eiendom.
Logistics Leaders: The U.S.’s Most Powerful Seaports
Though the $5.25 billion Panama Canal expansion will not be complete until 2016, ports on the East and Gulf Coasts are deepening harbors and raising bridges to accommodate the new ships. Meanwhile, industrial real estate professionals are watching carefully for signs of the canal’s impact on demand for logistics space. That, in turn, could be influenced by a shift in the volume handled by U.S. ports. Some experts believe that East Coast ports could siphon some business from West Coast competitors, particularly the Ports of Los Angeles and Long Beach. To provide context for this possible power shift, the tables…
Neiman Marcus’ Planned NYC Debut Marks a Retail Milestone, Insiders Say
The Dalas-based luxury retailer is the latest high-profile addition to the retail roster at Related Cos.’17 million-square-foot mixed-use project on Manhattan’s West Side.
Economy Watch: Global Oil Demand Forecast; Real Estate Revenues for Q2
The International Energy Agency lowers its global oil demand forecast; real estate revenues rose in the second quarter.
INTERNATIONAL: W.P. Carey Completes Sale-Leaseback with Nokia in Poland
In a sale-leaseback deal with Nokia Solutions and Networks, W.P. Carey Inc. has acquired an office/R&D facility in Poland on behalf of one of its non-traded REIT affiliates.
Hotel Occupancy on Track to Hit 20-Year High: PwC
The hospitality industry is on track to hit its highest occupancy levels in 20 years in 2015, according to a report from PricewaterhouseCoopers L.L.P.
ManuLife Buys Fully Leased 147 KSF Suburban Vancouver Office Building
ManuLife Real Estate has added a new asset to its Canadian holdings with the acquisition of a premier office building near Vancouver in Burnaby, B.C.
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