International
MIPIM Special Report: $460M Beirut Terraces Possible First Lebanese Global Award Winner
With MIPIM 2013 just around the corner, nominees of the nine categories of the MIPIM Awards are abuzz with anticipation.
Starwood Moves Global HQ to Dubai for One-Month Immersion
As of Sunday, about 10 top executives of Starwood Hotels and Resorts Worldwide, including president & CEO Frits van Paasschen, began a month-long relocation of the company’s global headquarters from Stamford, Conn., to Dubai.
Law Firm to Occupy 165 KSF in New Bay Adelaide Tower
Borden Ladner Gervais, a full-service law firm, will be occupying 165,000 square feet of office space in Bay Adelaide Center’s East tower, slated to open in 2015.
Canadian REIT Enters U.S., Buying Kansas-Based Lodging Enterprises
American Hotel Income Properties REIT, led by Canadian hotel veteran Rob O’Neill, has made its first acquisition in the U.S., purchasing Lodging Enterprises, a chain with 32 hotels in 19 states.
LaSalle Buys 184 KSF Shopping Center in Greater Leeds, UK
LaSalle Investment Management, of Chicago, has acquired the 84-retail-unit Airedale Centre in Keighley, West Yorkshire, United Kingdom.
Hebron Properties Brings ‘Great Australian Living’ Concept to Bangalore
Hebron Properties, one of India’s premium real estate developers, has launched an ultra-luxury residential project near T.C. Palya in K.R. Puram in Bangalore.
Canadian REIT Expands Retail Portfolio with Four-Property Acquisition in Alberta
Crombie Real Estate Investment Trust plans to add four retail plaza properties to its current commercial portfolio in the Alberta area by the end of the month.
Luxury Twin Towers Planned for Australia’s Top Investment Suburb
A new iconic twin tower development project is planned by Sydney-based Australian and Japanese trust fund Galileo in South Brisbane.
Hines Picks Up Mercedes-Benz Bank Building in Germany
International real estate firm Hines purchased the Mercedes-Benz Bank Building in Stuttgart, Germany, for a reported $70 million.
Multi Corporation Investing $950M in Turkish Retail Market
In preparation for the upcoming international real estate show (MIPIM), Multi Corporation has arranged a presentation including its ramped up investments in the Turkish retail market.