International
Clarion Sells Mexican Shopping Centers to JV Partner
Clarion Partners has sold its 50 percent interest in a 3.2 million-square-foot portfolio of Class A shopping centers in Mexico to its joint venture partner.
Clenergy Tapped for Solar Power Plant in Pakistan
In a significant step for one of the world’s largest solar power projects, Clenergy has been tapped as a consultant for Quaid-e-Azam Solar Energy Park, a 100 MW photovoltaic project underway in Bahawalpur, Pakistan.
INTERNATIONAL: Brookfield Multiplex to Complete Final Stage of Melbourne Apartment Project
By Adriana Pop, Associate Editor Leading global contractor Brookfield Multiplex has been appointed by Far East Consortium to design and build the fourth and final stage of the massive Upper West Side residential and retail development in Melbourne’s CBD. Valued at nearly $149 million (AUD 160 million), the new 53-story building at 33 Rose Lane will provide 641 apartments, along with a large retail arcade with room for 11 tenancies, a communal swimming pool and a gym. Scheduled for completion in November 2016, the project will target a 4 Star Green Star Multi-Unit Residential V1 Design rating, under a 2009…
CBRE GMM Closes Asia with $236M in Commitments
CBRE Global Multi Manager has completed the final close of the Asia Alpha Plus III Fund.
INTERNATIONAL: Deloitte Puts $1B Price Tag on The Gherkin Building
An overseas buyer is reportedly set to become the new owner of London’s iconic Gherkin Building, which has been put up for sale.
W.P. Carey Buys Corporate HQ Property in Norway for $114M
In its second acquisition in Norway this year, W.P. Carey Inc. has added the 275,600-square-foot headquarters of Total E&P Norge AS to its portfolio.
H&R Real Estate Investment Trust Acquires Winnipeg Center for $138.5M
H&R Real Estate Investment Trust has acquired Kildonan Place, a shopping center located in Winnipeg, for $138.5 million from a joint venture consisting of Ivanhoé Cambridge and Sears Canada.
INTERNATIONAL: Carlson Rezidor to Open Two New Hotels in Poland in 2016
Carlson Rezidor, one of the largest hotel companies in the world, is scheduled to open the Radisson Blu Resort, Świnoujscie and and the Radisson Blu Hotel & Residences, Zakopane in the fourth quarter of 2016.
INTERNATIONAL: Brookfield Multiplex to Deliver Twin Tower Apartment Project in London
Essential Living has selected global construction company Brookfield Multiplex to develop the iconic Helix twin tower residential complex on the edge of London’s Canary Wharf.
INTERNATIONAL: Immofinanz Sells Warsaw, Prague Logistics Facilities
Bokserska Distribution Park in Warsaw and Westpoint Distribution Park in Prague sold above book value to Czech and British private investors.
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