International
The Olympian Hong Kong Opens in Kowloon
The 32-key Olympian Hong Kong boutique hotel opens in Hong Kong’s Kowloon district.
Marriott International Doubling European Presence
Marriott International’s acquisition of Starwood Hotels & Resorts Worldwide will bring the hotel giant’s European portfolio to more than 123,000 rooms.
Republic of Turkey, Perkins Eastman Unveil Design for New NYC Consulate Tower
Designs for the Turkevi Center, a 32-story consulate tower to be constructed in Manhattan’s Turtle Bay neighborhood, call for an all-glass facade, among other prominent features.
Madison International Realty Takes a Piece of Sierra Portugal Fund
The real estate-focused liquidity provider has expanded its reach with a minority stake purchase in the prominent shopping center owner and an office acquisition in San Francisco.
Starwood Continues Expansion in Gateway European Cities
After opening a record 18 new hotels in Europe in 2015, Starwood is planning to further expand its footprint across the continent with the completion of more than 30 projects by 2020.
BlueRock Fund Lands German Media Group HQ
BlueRock Fund has acquired Neven DuMont Haus, the headquarters of one of the largest media groups in Germany.
Historic Palace Becomes First InterContinental in Venice
The 51-key InterContinental Venice – Palazzo Nani is slated to open at the beginning of 2018 and will run under a franchise agreement.
Hilton Garden Inn Bucharest Old Town Set to Open in 2017
Romania’s first Hilton Garden Inn is expected to open in Bucharest’s Old Town by 2017.
Economy Watch: Ultra-High-Net-Worth Individuals Keen for CRE
Knight Frank’s annual Wealth Report revealed the ultra wealthy accounted for a quarter of all global commercial property transactions in 2016.
Hard Rock International Lands Oceanfront Resort on Dalian’s Golden Beach in China
Hard Rock International and Luneng Real Estate Group unveiled a fully branded experiential space for locals and guests at the new Hard Rock Hotel Dalian.