International
International: Brookfield Multiplex Builds $111M M-F Tower in Australia
Brookfield Multiplex has secured the building contract for a $111 million residential high-rise in Surfers Paradise, Australia, which is being developed by Ho Bee Land Ltd.
European Retailer Primark Signs First U.S. Lease in Boston
Dublin-based budget fashion retailer Primark has signed a long-term lease for four floors in the eight-story Burnham Building, part of the Millennium Tower development in downtown Boston.
International: Prologis Japan Inks 211 KSF Lease for In-Development Osaka Facility; Receives 2 Awards
Prologis has completed a new leasing agreement for a total of 211,000 square feet of space at its Prologis Park Osaka 5. The owner, operator and developer of industrial real estate has also received two awards for its Nippon Prologis Real Estate Investment Trust.
International: Cadillac Fairview to Build Massive M-U District in Downtown Montreal
The real estate arm of Ontario Teachers’ Pension Plan Cadillac Fairview has revealed plans to develop Quad Windsor, a new residential and commercial district in downtown Montreal.
Bouwinvest Acquires 300 High-End Rental Apartments in Iconic Amsterdam Tower
One of the largest Dutch investment managers specializing in real estate, Bouwinvest REIM, has bought 300 high-end rental apartments within the Pontsteiger tower in Amsterdam.
International: Intu Properties Pays Westfield $1.4B for 3 UK Retail Properties
Intu Properties has paid a total of $1.4 billion for three retail centers in the United Kingdom owned by the Westfield Group.
International: W. P. Carey Finances Construction of Wartsila’s R&D, Training Complex in Netherlands
W. P. Carey will finance the construction of a two-building complex in the Netherlands for the global industrial company Wartsila.
Minor Hotel Group Expands Mozambique Portfolio with Luxury Assets
Minor Hotel Group has added three hospitality projects in Mozambique to its holdings as part of its investment strategy targeting a portfolio increase of both global and Mozambican hospitality assets.
International: Places for People, Barratt Homes JV to Create 2,000 New Homes in England
Places for People has entered into a new joint venture with Barratt Homes that will create 2,000 new homes at its Brooklands development in Milton Keynes, England.
International: W.P. Carey Affiliates Pay $158M for Polish Bank HQ
W.P. Carey’s two publicly held non-traded REIT affiliates have jointly purchased the headquarters of Poland’s second largest bank, paying $158 million for the asset.