International

TikTok to Invest $500M in 1st European Data Center

The company selected Ireland as the location for its new facility, slated for completion in early 2022.

Kajima Properties, Savills Investment Management Launch Strategic Partnership

The companies have closed on the acquisition of a central Poland logistics park, targeting Asian investor interest in Europe’s fast-growing e-commerce sector.

WindFloat Atlantic Begins Operations

The 25-megawatt installation features the world’s largest offshore wind turbine.

Work Gets Underway on Canada’s $2.5B Alpine Park

Dream Unlimited completes two decades of prep work with the groundbreaking of the 476-acre first phase of the master-planned community in suburban Calgary.

LaSalle Investment Management Buys Logistics Portfolio in Poland

Standing in for LaSalle E-REGI fund, the real estate investment manager acquired two last-mile facilities in Warsaw for $35.4 million.

Tarrant Parsons, Economist, RICS. Image courtesy of RICS

Podcast: Downbeat Expectations Across Global CRE Markets

The Royal Institution of Chartered Surveyors’ latest international study finds that investor and occupier sentiment has shifted into negative territory. Tune in for all the details from RICS Economist Tarrant Parsons.

Vantage Finalizes Acquisition of Largest Data Center in Europe

Last year, the 750,000-square-foot asset’s sale price was rumored to be well in excess of $200 million.

Hines Breaks Ground on Mass-Timber Office Project in Toronto

The first phase of T3 Bayside, the workspace component of a master-planned waterfront community, is on schedule to reach completion in early 2023.

Flex Office Operators Look to Unlock the Suburbs

British workspace providers talked about new opportunities outside city centers in a recent webinar hosted by the Flexible Space Association.

CyrusOne To Expand Frankfurt Presence With New Facility

The four-story building will have nearly 57,000 square feet of colocation space and provide 17 MW of power.