International
Ivanhoé Cambridge JV to Invest $500M in Mexican M-U Development Projects
It’s a trip from North of the Border to South of the Border, with a step in between. Ivanhoé Cambridge JV will invest in the development of mixed-use urban communities in some of Mexico’s main cities.
INTERNATIONAL: Hines Launches $250M M-F Program in India’s Urban Areas
Global real estate firm Hines is launching Hines India Residential, with the purpose of investing in multi-phased, for-sale residential developments that require long-term equity capital.
EXPO Real Special Report: European-Cities Housing Challenge
The first day of Expo Real in Munich revealed a number of challenges that major European cities are currently facing.
INTERNATIONAL: Karlin Grabs Retail Portfolio in Spain, Portugal from Redevco
L.A.-based Karlin Real Estate has acquired a portfolio of more than 247,000 square feet of retail properties located in Spain and Portugal from developer-investor Redevco.
AXA Acquires M-U Office Asset in Tokyo
AXA Real Estate Investment Managers has bought the Nishi Shinjuku KF Building in central Tokyo.
Cominar Acquires $1.2B CRE Portfolio from Ivanhoé Cambridge
Cominar Real Estate Investment Trust has acquired a real estate portfolio of 14 properties in Québec and Ontario from Ivanhoé Cambridge Inc. for $1.2 billion.
Wyndham to Open First Upscale Hotel in Kenya
New Jersey-based Wyndham Hotels and Resorts, a subsidiary of Wyndham Worldwide recently signed a management agreement for its first upscale hospitality property in Africa
International: Marriott, Hotecapsa to Develop Guayaquil Hotel in 2016
Ecuador ‘s largest and most populous city is set to get a brand new Marriott-operated hotel in two years, according to the hotel chain.
INTERNATIONAL: AMP, Billbergia Sell Landmark Site in Brisbane
AMP Capital Select Property Portfolio No.3 (SPP3) and Billbergia have agreed to sell part of the former Vision tower site in Brisbane’s CBD to the owner of Felicity Hotel Group, which plans to develop a five-star hotel on the property.
INTERNATIONAL: Chicago-Based Perkins+Will to Design Largest Hospital in Ghana
Perkins+Will recently announced it will handle the design of the largest hospital in the Republic of Ghana.