International
KKR Lines Up $1B for European Data Center Platform
The new entity will have an estimated $2.5 billion, including leverage, to develop and operate data centers for technology clients across the continent.
Ivanhoé Cambridge Acquires Paris Office Development
Developers EUROPEQUIPEMENTS and Groupe QUARTUS plan to deliver the project in 2022.
KKR Buys Stake in French Logistics Firm
The global investor continues to expand its European industrial holdings with the purchase of a majority interest in Etche France, which controls a 120-property portfolio valued at $438 million.
Allianz Real Estate Closes $154M Acquisition in Milan
The company purchased the office asset in a sale-leaseback transaction with Crédit Agricole Italia.
Global Business Districts Rankings Shift
Western markets continue to lead in desirability, but Asian cities are narrowing the gap, according to a new report from EY and the Urban Land Institute.
Kennedy Wilson, Fairfax Financial Launch $2B Debt Platform
The two longtime partners will target first mortgage loans secured by high-quality real estate in the U.S., Ireland and the U.K.
Dream Hotel to Operate 3 Mexico Properties
The locations are scheduled to open within the next two years and total more than 300 guestrooms.
Solar Power Megaproject Posts World’s Lowest Tariff
The Al Dhafra Solar PV project is slated to begin commercial operation in the second quarter of 2022.
Hines Expands Netherlands Industrial Portfolio
Fully occupied by retailer HEMA, the Urban Logistics Distribution Centre in Utrecht is now part of the Hines Pan-European Core Fund portfolio.
Sidewalk Labs Abandons Toronto Waterfront Megaproject
More than two years into the Quayside project, the Google affiliate announced it will be pulling back, citing global economic uncertainty.