International
Tishman Speyer JV to Build M-U Development in Shanghai
Tishman Speyer remains committed to development in China, announcing a new 3 million- square-foot mixed-use project in Shangai with joint venture partner Shanghai Lujiazui Group that will feature Class A offices, upscale retail and waterfront residential apartments.
DAMAC Launches $367M Luxury Hotel Living Project in Downtown Dubai
DAMAC Properties is developing a new $367-million luxury hotel living project in the Burj Area of Dubai.
Mace Opens Johnnie Walker Student Housing in London
International construction company Mace purchased a former brewery-turned-whisky-warehouse from Johnnie Walker with joint venture partner Alternative Developments and turned it into a mixed-use luxury student housing project.
V&A Waterfront Gives South Africa’s Oldest Port a ‘Green’ Facelift
The rejuvenation of Cape Town’s Victoria and Alfred Waterfront, South Africa’s oldest working port reached a poignant milestone with the completion of the project’s first phase, the No.1 Silo.
W.P. Carey Buys Government-Occupied Office Asset in Manchester
W.P. Carey has bought an office asset in the third largest city in the U.K. from the Department of State for Communities and Local Government for $62 million.
Leighton Develops 4th Office Tower at Kings Square in Perth, Australia
Leighton Properties has recently broken ground on its fourth office tower at the Kings Square precinct, a key component of the state government’s multibillion-dollar Perth City Link TOD.
Hines Buys 2 More Logistics Facilities in Poland
Hines has acquired two logistics facilities in Poland, totaling seven warehouses comprising 753,200 square feet, via its Hines Russia & Poland Fund from TMW Pramerica Property Investment GmbH.
Macquarie REIT Acquires Double Retail Center in Mexico City for $153M
The Macquarie Mexican REIT has made a move into the Mexico City retail market with the purchase of two commercial properties in the capital’s metropolitan area for $153 million.
IMMOFINANZ Continues M-F Development in Poland with New Project
Leading property company IMMOFINANZ Group has started another multi-family development in Poland, called Riverpark, a 189-unit project in Poznań.
Thai Company Buys Bay-Area M-F Tower for $103M
Bangkok-based Land & Houses PCL, Thailand’s largest homebuilder, has purchased Domain, a 264-unit, luxury transit-oriented rental community in Oakland, Calif., for $103 million.