International
Rezidor to Open Park Inn by Radisson Astana in Kazakhstan
The Rezidor Hotel Group, a member of the Carlson Rezidor Hotel Group, has announced plans to open the Park Inn by Radisson Astana in Kazakhstan.
JLL Secures 811 KSF Office Lease for ExxonMobil Subsidiary in Calgary
Imperial Oil, one of Calgary’s largest corporations and an ExxonMobil subsidiary, is moving its headquarters from downtown Calgary to a 20-acre site that will be developed in the Quarry Park submarket in the Canadian city’s southeast section.
AXA, Norwegian Wealth Fund Buy Two Buildings in Germany for $981M
AXA Real Estate Investment Managers and Norges Bank Investment Management have agreed to buy two buildings in Germany for a total of $981 million, from the Royal Bank of Scotland Group.
EXPO REAL Special Report: John Jacob Astor Award Winner Announced
On the second day of the EXPO REAL , a commercial real estate conference in Germany, the winner of the prestigious John Jacob Astor Award was unveiled.
EXPO REAL Special Report: Despite Financial Crisis, 31 Countries Attend CRE Fair in Germany
Myriad exhibitors attended the Expo Real 2012 International Trade Fair for Commercial Property and Investment, held at Messe München International in Munich. CPE international correspondent Gabriel Circiog reports on the happenings of Day 1 during the three-day expo currently taking place.
Avison Young Acquires New Jersey-Based Walsh Co.
Canada’s largest independently owned commercial real estate services company has bought New Jersey-based project management service firm, The Walsh Co. led by two brothers.
Clarion Enhances Presence in UK with New London Office
After undergoing a management buyout last year, Clarion Partners continues its expansion by opening an office in London and naming Jeroen Verheijden as the new senior vice president.
JLL, Royal Philips Electronics Create Global Lighting Partnership
JLL has teamed up with a global lighting leader to deliver energy-efficient lighting and energy management solutions to all of the company’s clients.
DAMAC Completes Abu Dhabi Mixed-Use Development
A leading Middle Eastern developer has completed its very first Abu Dhabi development, a mixed-use property called Marina Bay.
Rezidor Appoints Neumann as President & CEO to Succeed Ritter
The Rezidor Hotel Group tapped Wolfgang Neumann as the next president & CEO, following the retirement of Kurt Ritter, the longest serving CEO in the hospitality industry.