International
Olympics Games’ Centerpiece Gets Architectural Acknowledgment
With the London Olympic Games underway, more than 10,000 athletes are attracting the world’s attention. But winning the right to host the Games requires the ability to provide appropriate venues in which to showcase talent, and this year’s Olympic Stadium is no exception.
Tishman Refinances Renowned French Office Tower for $571M
Lenders are not exactly generous with loans these days, but they are shining their light upon certain properties, and Tishman Speyer’s Lumière Building in Paris is one of them.
Equity International Sells Stake in Brazilian Holding Company
Chicago-based Equity International is focusing its South American investment strategy on multiple asset categories in Brazil and Colombia.
IKEA’s Real Estate Arm to Build Master-Planned Community in East London
IKEA’s real estate arm, LandProp Holding, has begun a new 2 million-square-foot mixed-use master-planned neighborhood just south of the Olympic Park in Stratford, an area in eastern London.
Qatar to See New $1.7B Shopping Center, Country's First IKEA
Doha, the capital city of Qatar, is set to get a massive $1.7 billion shopping center. The promising complex will offer approximately 2.7 million square feet of space divided into 500 retail units. A large chunk of the space will be filled by the country’s first IKEA.
Prologis Completes Half-Billion in New Leases at Japan Projects
Prologis Inc. capped off a busy quarter in Japan with the closing of five new lease agreements totaling nearly 560,000 square feet at three projects in its development portfolio.
Jones Lang LaSalle Scores Contract as U.K. Corporation's Exclusive Global RE Advisor
Jones Lang LaSalle’s corporate solutions group has been named the exclusive real estate services advisor for U.K.-based Logica’s worldwide property portfolio.
Hyatt Plants More Flags in the Caribbean, India
A Hyatt affiliate will manage a 200-key hotel in St. Kitts as part of the $1 billion Christophe Harbour master-planned community.
Oracle Signs 200,000-SF Lease at Under-Construction Office Park in Romanian Capital
Technology giant Oracle Corp. recently committed to a 215,000-square foot, 10-year lease in a currently under-construction office complex in Bucharest, Romania.
Kennedy Wilson Targets $2.5B in European Real Estate Loans
Beverly Hills-based Kennedy Wilson is making a new bet on Europe. It’s partnering with a European global financial institution to target the acquisition of €2 billion ($2.5 billion) of performing, sub-performing and non-performing loans secured by commercial and residential real estate in Europe, with a focus on the United Kingdom and Ireland, the company announced Monday.