International

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.

Emaar Launches 300-Unit Luxury M-F Project in Downtown Dubai

Global property developer Emaar Properties PJSC has launched BLVD Crescent, its newest luxury residential project in downtown Dubai.

Preliminary Approval Granted for $800M Casino Resort in South Korea

The Ministry of Culture, Sports and Tourism of the Republic of Korea granted pre-approval for the development of the first internationally branded integrated entertainment resort in the country.

Massive All-Season Water Park to Make a Splash in Toronto

Development group marbleLIVE is building a 100,000-square-foot, year-round indoor/outdoor water park and event complex in the Greater Toronto Area.

Tishman Develops Class A Project in Bulgaria; Candy Crush Saga Developer Relocates, Expands in Romania

Tishman International has completed the development of a 194,000-square-foot Class A project in Bulgaria. Meanwhile in Romania, mobile games developer King will expand its current operations in the city of Bucharest by leasing 18,000 square feet of space in the Opera Center office property.

Prologis Signs 2 Build-To-Suit Agreements in Europe

Prologis has signed two new agreements for build-to-suit projects totaling 244,000 square feet in the U.K. and Poland.

MIPIM Special Report: Office & Historical Buildings to Hotel Conversions

During the hotel conversion workshop held at MIPIM 2014 in Cannes, Gwenola Donet, who heads the French team of Jones Lang LaSalle Hotels & Hospitality Group, talked about the main drivers of a successful hotel conversion project.

Hyatt Hotels Opens Second Property in Puerto Rico

Hyatt Hotels Corp. held an official ribbon-cutting event for its new Hyatt Place Manati, the second property operated by the company in the municipality of Bayamon.

MIPIM Special Report: 10 Must-Have Innovative Solutions

During a Friday morning session at the MIPIM 2014 Innovation Forum, Carlo Ratti, director of MIT Senseable City Lab and partner with Carlo Ratti Associati (Italy), Marek Partel, founding partner of Estateguru (Estonia), as well as four students from the ESSEC University in Paris discussed some of the most exciting, disruptive innovations impacting the real estate industry.