International
These Cities Are Highest on Cross-Border Investors’ Radar
Respondents to AFIRE’s 2020 International Investor Survey put a U.S. city at the top of the list for increased investment exposure this year.
Blackstone Acquires Canadian Battery Storage Firm
Marathon Capital acted as advisor to NRStor C&I, Fengate and Lake Bridge, while McCarthy Tetrault and Torys served as their legal counsel.
NortH2: Europe’s Largest Green Hydrogen Facility
In the first phase, the NortH2 project translates to the construction of large wind farms that can gradually grow to a capacity of roughly 10 gigawatts.
Ardian Real Estate Sells Munich Office Campus
The French investment company sold the 10-building Konrad property, which is fully occupied, hosting 30 tenants across 366,000 square feet.
KKR, Korean Partners Buy South Korea Office Tower
A Korean REIT sold the Namsan Square, an 807,300-square-foot highrise located in the central business district of Seoul.
JPMorgan Chase to Restrict Fossil Fuel Project Funding
The announcement follows similar pledges made by several European banks and by Goldman Sachs, which was also the first U.S. bank to announce limits on fossil fuel funding.
Global Carbon Dioxide Emissions Rate Stabilizes
After two consecutive years of sustained growth, and despite the global economic expansion, emissions stopped growing in 2019.
Americold Goes South for Latest Acquisition
Under a joint venture, the company has agreed to purchase a 15 percent stake in a leading Brazilian cold storage operator.
Hammerson Wraps UK Retail Blockbuster
The British developer has closed on the largest portfolio sale of its kind in a decade.
DC, Sao Paulo Hospitality Assets Trade for $208M
Park Hotels & Resorts sold the properties, totaling 700 guestrooms, to two separate buyers.