International
Shanghai Zendai to Develop $8B Financial Hub in South Africa
Hong Kong-based developer Shanghai Zendai Property Ltd. is investing $7.8 billion in the development of a mixed-use project in Johannesburg over the next 15 years.
Hines Buys 953 KSF Logistics Facility in Growing German Market
International real estate company Hines has completed one of the largest logistics transactions to take place in central Europe by acquiring the Fiege Mega Centre is a single-tenant e-commerce logistics property located in Erfurt, Germany.
Oxley Buys 40-Acre M-U Site in London
Singapore-listed property developer Oxley Holdings Ltd. has acquired Royal Wharf, the largest mixed-use site in London since Battersea Power Station.
Xinyuan to Develop Fifth Project in China in 5 Months
Xinyuan Real Estate Co. recently announced plans to develop a residential project with an area of 1.5 million square feet, Kunshan, Jiangsu Province in China.
Brookfield Office Breaks Ground on Western Canada’s Tallest Tower
Brookfield Office Properties has begun construction on the first phase of the $1.3 billion Brookfield Place Calgary office complex in the city’s downtown core.
Crown Estate’s $1.6B Revamping Project of Regent Street in London Gets Under Way
The Crown Estate’s $1.6 billion regeneration of Regent Street has reached a new milestone as on site work starts at Quadrant 2 South.
Citycon CEO Campaigns for Retailer Expansion to Nordic Countries
Citycon CEO Marcel Kokkeel is on a mission. The leader of the Nordic- and Baltic-focused urban grocery-anchored shopping center owner wants to attract more global retailers to the region.
Emporis Reveals World’s Most Spectacular Bank Buildings
Emporis, the international provider of building data, has compiled a list of the most imposing and architecturally distinct bank buildings in the world.
Clarion to Sell Mexican Industrial Portfolio for $202M
Clarion Partners is selling a 22-building industrial portfolio located in Mexico to FIBRA Uno, a Mexican public REIT, for $202 million.
Roland Garros Expansion Plans Get Green Light
One of the most important sports venues in the world, Roland Garros, is set for a massive expansion and renovation process. Parisian authorities lifted a suspension on the plan that was stalled in March for fear of harming the environment.