International

Romania’s Second Largest City Welcomes First Green Luxury Residential Development

Cluj-Napoca, the second most populous city in Romania, is about to get its first green residential project: the 91-unit Riviera Luxury Residence condominium tower.

INTERNATIONAL: Hilton Worldwide to Open Middle East’s Largest Beach Resort in Qatar

Hilton Worldwide has partnered with Al-Rayyan Hospitality for the development of a 362-key resort at Salwa Beach in southwest Qatar.

INTERNATIONAL: DAMAC Tops Out $300M Luxury Residential Tower in Beirut

Leading Middle Eastern luxury developer DAMAC Properties has topped off a $300 million iconic residential tower in Beirut’s Solidere area.

NAREE Special Report: Hines’ Johnson Outlines New Development Preferences

Expect some changes as the commercial real estate development market heats up, Hines vice chairman C. Hastings Johnson told the audience at the NAREE conference in Houston.

MIPIM Special Series – Part Three: The Emergence of Short-Term Retail Leases

The last in a three-part series of reports on worldwide real estate based on presentations at the MIPIM world property market in March.

INTERNATIONAL: Union Investment Acquires Landmark Weser Tower in Germany

Union Investment has bought the landmark Weser Tower in Bremen, Germany, in a deal that is deemed one of the most significant real estate transactions seen in the city.

PREI, AP3 JV Acquires $360M Worth of German Retail Assets

A new joint venture between Prudential Real Estate Investors and the Third Swedish National Pension Fund, AP3, will invest in retail properties throughout Germany.

INTERNATIONAL: CPPIB, Hermes Forward-Purchase London’s South Bank Tower

Canada Pension Plan Investment Board and Hermes Real Estate have agreed to acquire part of London’s mixed-use South Bank Tower from a JV comprising Jadwa Investment and developer CIT Group.

Colliers Acquires Leading Property Specialist in London

FirstService Corp. subsidiary Colliers International has acquired H2SO Property Consultants, one of London’s leading independent commercial property specialists.

International Campus AG, Stichting DUWO Develop Student Housing, Studios in Netherlands

In its first international venture, International Campus AG has partnered with Stichting DUWO for the financing and development of student housing and studios targeting young professionals in the Netherlands.