International

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.

Leong Wy Joon, senior vice president of hotel development, Asia and India at Hard Rock International

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.

Mexico Real Estate: From Green Light to Red for FIBRAs

By David De La Rosa, Senior Vice President of Advisory & Consulting, Green Street Advisors: What do current REIT valuations in Mexico mean for private owners?

SST II at 4491 Mainline Dr Burlington in Toronto, Ontario

Strategic Storage Trust II Buys Two Facilities in Canada for $21M

Strategic Storage Trust II has added two more facilities to its growing portfolio of self-storage properties in Canada.

The Driskill Hotel in Austin, Texas is part of The Unbound Collection by Hyatt

Hyatt Launches The Global Unbound Collection

Hyatt’s upper-upscale Unbound Collection will bring together independently branded flagship hotels and luxury properties from Austin to Paris and from Hawaii to Uruguay.

SVN Opens First Brokerage Office in Mexico

Sperry Van Ness International debuts new office in Mexico City, with Xavier Pumarejo at the helm.

Economy Watch: World Economy Cools, Bodes Ill for U.S. CRE

Oxford Economics’ latest forecast downgrades several key world economies’ GDP growth, which could impact the U.S. economy and thus demand for commercial real estate.

Strategic Storage Trust II Buys Canadian Portfolio for $38M

Strategic Storage Trust II is expanding in Canada with the acquisition of three self-storage facilities in the Greater Toronto Area.

Joshua Isenberg Joins Morrison & Foerster in Tokyo

Meet Joshua Isenberg, Morrison & Foerster’s new international real estate partner.

Hotel Tivoli Oriente in Lisbon

Minor Hotel Group Acquires Portuguese Hospitality Brand for $329M

Minor Hotel Group closed a $329 million deal to acquire Tivoli Hotels & Resorts as part of a series of large international investments by the company.