International
Kennedy Wilson Europe RE Shells Out Big Bucks for Big UK Acquisition
Kennedy Wilson Europe Real Estate Plc has just added 3.5 million square feet to its young portfolio with a simple stroke of a pen.
INTERNATIONAL: CH2M HILL Consortium, Mace in Charge of Program Management at DWTC’s Jebel Ali Project
The bidding process is over, and the winners are a U.S. company and a U.K. company joint venture, which will oversee all real estate and construction delivery-related program management services for the Dubai Trade Centre Jebel Ali development.
Ivanhoé Cambridge Sells Interest in Two Ontario Shopping Centers
Ivanhoé Cambridge has completed repositioning its retail portfolio in Canada with the sale of its remaining 50 percent interest in two Ontario shopping centers to a healthcare pension plan.
INTERNATIONAL: Blackstone Disposes of Significant Investment in Sydney
Blackstone Real Estate Partners VI, through its portfolio company, Valad, has agreed to sell its first major property investment in Australia.
INTERNATIONAL: Melco Crown Entertainment Opens City of Dreams Manila
Melco Crown Resorts and a subsidiary of Melco Crown Entertainment are opening the first international integrated leisure destination offering in Manila, Philippines.
W. P. Carey Grabs 73-Property Automotive Dealership Portfolio in the UK
W. P. Carey Inc.’s international footprint just grew by 1.6 million square feet.
Hines Finds Buyer for Pointe Metro Office Property in Suburban Paris
Hines may have had trouble initially finding a buyer for its Paris-area asset due to the state of the market, but now a purchaser has appeared for the 256,000-square-foot office building.
Industrial Portfolio Brings Investors South of the Border
As manufacturing bounces back in Mexico due to cheaper labor, two companies have decided to take advantage of the upswing and buy a Class A industrial portfolio south of the border.
INTERNATIONAL: Bouwinvest Diversifies Portfolio in the Netherlands
In order to diversify its portfolio in the Netherlands, institutional real estate investment manager Bouwinvest has bought two of the most prominent properties in the country.
INTERNATIONAL: World Class Land Launches Tallest Residences in Southern Hemisphere
In case you haven’t heard, a new addition to the stratosphere of luxury real estate will soon rise in Melbourne’s Southbank.