International
Alternatively Built M-F Development Uses Upcycling as a Hook
A new trend of alternative building for multi-family developments is on the rise. This trend uses upcycling, or the conversion of waste products into new uses.
Bedok Mall Joins Ambitious M-U Development in Singapore
By Alex Girda, Associate Editor The Singapore mixed-use market is on track to see a large project take shape as the Bedok Mall, the area’s first major shopping mall, was announced for fourth quarter of 2013. Bedok is Singapore’s largest estate and the retail project is just a phase in a massive upcoming retail-residential-transport development, the first of its kind in the region. The Bedok Mall project will join the existing Bedok Residences and the forthcoming Bedok transport hub, consisting of the Bedok MRT station and the new bus interchange to complete the vision. The shopping mall will boast a…
Dual Trophy Towers to Rise in Moscow Mixed-Use Project
An American architectural group is designing two towers, called OKO, in Moscow’s business district. OKO will include move-in ready residential apartments. The real estate development company of this project also plans to put up The Delano Moscow hotel in the coming years.
First Purpose Built Student Housing Launches in Brighton, UK
Property Frontiers is launching the first purpose built student housing in Brighton, United Kingdom to accommodate the greatly underserved student body in terms of housing.
Royal Senior Care Trades 12 Seniors Housing Assets for $230M
Royal Senior Care has sold the bulk of its seniors housing portfolio for $230 million to an Israel-based company.
Jabal Omar Development to Open 10 Hotel Towers in Mecca
Jabal Omar Development is planning to open 10 hotel towers in Mecca, to accommodate the growing number of annual Islamic pilgrimages to the area.
Kennedy Wilson Partnership Picks Up $449M Irish Loan Portfolio
Kennedy Wilson has partnered with Deutsche Bank AG’s European Commercial Real Estate Group to buy a loan portfolio secured by commercial real estate assets in Ireland.
Cornerstone Enters U.K. with $129M Loan
About six months after appointing its new CEO of European operations, Cornerstone Real Estate Advisers completed its first loan in the United Kingdom, a $129.1 million (£83 million) refinancing for Derwent London plc.
Russian Residential Developer Opens Sales on Latest Residential Complex
Moscow-based residential development firm PIK Group recently launched sales for a new centrally located project.
Atterbury Launches $3B M-U Urban Development in South Africa
Atterbury Property Group has launched its $3 billion Waterfall Business Estate, one of the most ambitious mixed-use urban development projects in South Africa.