International
INTERNATIONAL: Skanska Secures Contract for Sports Hall, Supermarket in Stockholm
Skanska has inked an agreement for the construction of a new development project in the Huddinge municipality of Sweden’s capital.
INTERNATIONAL: Canada Pension Plan Investment Board Forms JV to Develop Massive M-U Project in China
The Canada Pension Plan Investment Board’s construction plan for a major mixed-use development in China’s Jiangsu Province marks the company’s first project of its kind in this part of the world.
INTERNATIONAL: W.P. Carey Picks Up Resort Hotel in Club Med Network
W.P. Carey has bought La Plantation d’Albion Club Med, situated on 53 acres of natural tropical woodland in Albion, a village on the northwestern coast of the island of Mauritius.
INTERNATIONAL: Weston Homes to Redevelop Historic Factory Site in Dartford
As part of the British Government’s Garden Suburbs Program, Weston Homes will rebuild a historic property into a mixed-use development.
INTERNATIONAL: Central Equity Expands in Melbourne with Another Development
A leader and pioneer in Melbourne’s residential market, Central Equity continues to spread its wings in the city by tapping Brookfield Multiplex to build a residential tower in its CBD.
INTERNATIONAL: CGD, Four Seasons to Develop in Bangkok
In an ongoing initiative to improve one of the country’s most important urban waterways, Country Group Development and Four Seasons Hotels and Resorts have partnered to develop a hotel and residential project on the Chao Phraya River in the capital city of Thailand.
Return of the King: NYC Takes Back Global Investment Crown from London
The results are in for AFIRE’s 23rd annual survey of foreign investors in real estate. Multi-family is in favor, though Washington, D.C., is slipping.
Starwood Hotels Spends NYE Opening Three Hotels in China
On the very last day of 2014, Starwood Hotels & Resorts Worldwide made a big splash in its China expansion endeavor with the announcement of the opening of not one, not two, but three hotels totaling 929 guestrooms.
INTERNATIONAL: Hines Buys Back Industrial Property in Guadalajara
International real estate company Hines has purchased back Parque Industrial Tecnológico II in Guadalajara, Mexico, from Union Investment, to whom it previously sold the property back in 2007.
INTERNATIONAL: IMMOFINANZ Breaks Ground on Office Development in Bucharest
IMMOFINANZ Group has started site work on the Metroffice, a new office development project in the heart of the Romanian capital.