International

Energy Choices, Climate Change and Risk Management

Byron Carlock of PwC on how managing the risks of climate change is influenced by owners’ energy choices and ESG strategies.

Proptech Continues to Ride High

The industry’s upward trajectory is expected to persist even if an economic downturn takes hold, according to MetaProp’s new mid-year global confidence index.

Equinix Opens its Largest Japanese IBX in Tokyo

The new data center will comprise more than 3,500 cabinets and more than 153,800 square feet dedicated for colocation upon full deployment.

Singapore-based investors were highly active in U.S. commercial property markets last year, including CapitaLand, which scooped up a 3,787-unit multifamily portfolio for a total of $838 million last September. The 16 communities acquired by the real estate firm in the western U.S. include (from top): Marquessa Villas, a 336-unit community in Corona, Calif., and Stoneridge at Cornell, a 233-unit asset in Portland, Ore. Images courtesy of CapitaLand Ltd.

Foreign Investment Moves Beyond the Gateways

Lofty prices and compressed yields are causing global buyers to prospect in other lucrative, business-friendly states such as Texas and Florida.

Mark Fieder, President Avison Young Canada. Image courtesy of Avison Young

Avison Young Names President for Canada Division

Mark Fieder, a three-decade company veteran, will report to Chair & CEO Mark Rose. Two principals, Joe Almeida and Ted Davis, were also appointed to new roles.

Centuria to Buy $89M Australian Office Gem, Start New Fund

The Sydney-based investment manager will acquire 80 Flinders St., a 130,800-square-foot property in Adelaide, from a Lendlease Australian affiliate and use the transaction to launch a new fund.

700 de la Gauchetière. Image via Google Street View

Allied Properties Closes 2 Acquisitions in Montreal

The deal brings the Toronto-based company’s Montreal footprint to 5.6 million rentable square feet after nearly 15 years in the metro.

Granite REIT Buys 3 Facilities in $120M Deal

The fully leased industrial properties have a combined total of 1.3 million square feet and are located in the U.S. and the Netherlands.

CBRE Ranks Top 50 Tech Talent Markets

While the top positions remained unchanged from last year, the new report notes that a shrinking supply of available talent has led to additional labor pools cropping up in smaller markets.

Tishman Speyer Launches Life Sciences Platform

In a partnership with Bellco Capital, the company formed Breakthrough Properties, which will acquire, develop and operate life science properties around the world.