International
4 Companies to Develop M-U Building in Tokyo’s Famed Ginza District
J. Front Retailing, Mori Building, L Real Estate and Sumitomo have entered a mutual agreement to jointly operate a retail facility that will be part of the largest mixed-use building in Ginza, Tokyo’s most famous upmarket shopping, dining and entertainment district.
International: Georgia’s Tallest Residential Tower Rises on Black Sea Coast
Developed by locally based Tam Geo, the $80 million mixed-use Babillon Tower is rising in Batumi, a seaside resort city on the Black Sea coast and capital of Adjara, an autonomous republic in the country’s southwest region.
Starwood Hotels & Resorts to Open 17 New Properties in Latin America
Starwood Hotels & Resorts has unveiled plans to open 17 new hotels in Latin America over the next two years.
Gallery: MIPIM 2014
CPE associate editor Adriana Pop shares photos from MIPIM 2014. Be sure to catch up on her written coverage of the event!
MIPIM 2014
CPE offers coverage of the MIPIM 2014 World Conference in Cannes, France: MIPIM Special Report: 2014 Award Winners Announced MIPIM Special Report: 10 Must-Have Innovative Solutions MIPIM Special Report: Office & Historical Buildings to Hotel Conversions Slideshow: MIPIM 2014
CBRE to Sell Upscale Hotel in Midland Ireland
The Heritage Hotel, just an hour outside of Dublin, is being put up for sale by its current owner, and CBRE Hotels will be carrying out the transaction.
Fairmont Hotels & Resorts Opens First Residences in China
Fairmont Hotels & Resorts has opened its first residential project in China. Fairmont Chengdu Residences are part of a mixed-use development scheduled to open in 2015.
First Green Commercial Building in West Africa Tops Out
International consultancy and construction firm Mace and Laurus Development Partners have jointly celebrated the topping out of One Airport Square in Accra, Ghana.
Macquarie Mexican REIT Buys 171 KSF Retail Center in Mexico City
Macquarie Mexican REIT has acquired City Shops del Valle, a 171,297-square-foot retail center located in the Mexico City Metropolitan Area of Colonia del Valle.
Transwestern Enters into JV, Plans Expansion into Mexico
Transwestern Development Co. is expanding its industrial development platform in the United States and Mexico through a joint venture with Chicago-based Ridge Property Trust.