International
Starwood Hotels, Havana Bound, Resumes Talks with Marriott
The hospitality giant, which recently accepted a $13.6 billion offer to merge with Marriott International, will become the first hotel company to enter the Cuban market in six decades.
Investment, Occupational Markets Moving Toward Balance, Says JLL
JLL’s latest report suggests that occupational markets will take the driver’s seat across all major global regions and property sectors in 2016.
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.