International
Gazit Globe JV to Buy Toronto’s York Mills Centre for $190M
The Tel Aviv-based company and Gazit TripLLLe Canada will acquire a majority stake in the 570,000-square-foot mixed-use office complex.
Starwood Capital Enters UK Industrial Market With $260M Deal
The company has acquired a 10-property portfolio comprising 1.6 million square feet in urban areas like Oxford, Birmingham and Glasgow.
IEA’s World Energy Outlook 2019
In its latest report, the International Energy Agency tackles the challenge of meeting climate goals while maintaining energy reliability and access.
Skanska’s Academic Undertaking
The company is about to begin construction on the new $130 million Faculty of Science building at the University of Gothenburg in Sweden.
World’s Biggest Banks’ Uneven Ways in Project Financing
Between 2016 and 2018, 33 large U.S. and European banks provided more than $1.9 trillion to fossil fuel companies. Yet at least two leading lenders will stop funding such projects after 2019.
CBRE’s New UK Debt Platform
The global brokerage has acquired Laxfield Capital, a London-based commercial property lending and debt investment management firm.
Americold Realty Trust’s $308M Expansion
The REIT’s agreement to acquire Nova Cold Logistics, a Canadian cold-storage operator, coincides with Americold’s purchase of two facilities in the Mid-Atlantic region.
Savills Expands Its Canada Team
Jeremy Berman, Jessica Downie and Bradyn McCullough bring years of commercial experience in tenant representation.
LaSalle Launches Real Estate Fund in Japan
The private open-ended core real estate fund started with six assets and $560 million of equity commitments from Japanese investors.
World’s Highest Retail Rents in 2019
Hong Kong’s Causeway Bay secured a second year at the top of Cushman & Wakefield’s 2019 “Main Streets Across the World” report. The city’s retail market has changed during the third quarter, however.