Development
Brazilian Residential Market to Get Major Boost as JV to Build 2,400 Affordable Homes
A joint venture created by Paladin Realty Latin America Investors IV and Constructora Altana recently announced a major investment in Brazil’s housing market.
Block Plans $100M Industrial Development on Agricultural Site
Block Real Estate Services Inc. recently closed on the sale of a 118.5-acre Lenexa site which is set to be transformed into a $100 million industrial development.
UEA to Break Ground on Britain’s Most Sustainable Commercial Facility
The University of East Anglia in Norwich is about to break ground on the Norwich Research Park Enterprise Centre, an academic and office facility that promises to become the greenest commercial building in the United Kingdom.
Carlson Rezidor Signs Three New Hotels in China
Carlson Rezidor Hotel Group continues its expansion in Asia by signing three new hotels in China. Currently the group has 33 hotels in operation and under management in the East Asian country.
KDC Plans 250 KSF Corporate Center at Research Campus in Kentucky
KDC wants to bring its state-of-the-art corporate campus prototype to Lexington, Ky., and the commercial real estate and investment firm is under contract with Sperry Van Ness Real Estate Advisors-Lexington to do just that.
CDT Buys Ocean Towers in Coney Island, Area Hit Hard by Sandy
Community Development Trust and Proto Property Services have teamed up on a $52 million project to buy and rehabilitate a 19-story, 380,000-square-foot apartment building in Coney Island, an area in Brooklyn hit hard by Hurricane Sandy.
Emaar Launches Sale of Dubai Luxury Residences
Global property developer Emaar Properties PJSC has begun the sale of its newest residential project, Burj Vista II.
DAMAC Properties Breaks into Iraq RE Market with $100M Residential Tower
The leading private developer of luxury projects in the Middle East, Damac Properties, has announced a comprehensive expansion plan into Iraq, a previously untapped market for the development giant.
TCC, Carlyle Group Break Ground on 240 KSF Junction Flats in Minneapolis
Construction has begun on Junction Flats, a six-story, 182-unit luxury apartment building in downtown Minneapolis located near Target Field and a major transit hub.