International
World’s Biggest Offshore Wind Turbine, Blade Ready for Testing
One Haliade-X 12MW turbine can generate up to 76 gigawatt-hours of gross annual energy production and save up to 42 million metric tons of carbon dioxide.
Hines Throws Hat Into Coworking Ring
The firm is the latest big name to enter the field and will introduce its platform at office properties in two markets.
Oxford Properties to Build $3.5B Mixed-Use Project in Toronto
The 4.3 million-square-foot development, dubbed Union Park, will rise in the heart of Toronto and will be the largest project of its kind in the city’s history.
Investcorp Grows Germany Presence With $97M Buy
The Bahrain-based company continues its European expansion with the purchase of Airport Centre, a 376,700-square-foot office and industrial property in Hamburg.
CTP to Receive $2B for Czech Industrial Portfolio Refi
Czech developer CTP has reached an agreement with multiple lenders, marking the largest real estate transaction in Central and Eastern Europe this year.
India’s OYO Hotels Plans $300M US Expansion
The fast-growing, “value-chic” hospitality chain already has a presence in Atlanta, Miami and several Texas cities, and expects to enter numerous new markets over the next few years.
Digital Realty’s International Growth Continues
The new 28-megawatt facility, spanning over more than 247,000 square feet, will be connected via dark fiber to subsequent phases of the Digital Osaka Connected Campus.
How Climate Change Is Affecting Real Estate Values
Three major storms exacted a $200 million economic toll in 2017 alone. What are the best strategies to protect investments?
CBRE: Global Office Occupancy Costs Still on the Rise
Spurred by tenants’ desire to attract and retain the best-of-the-best, average occupancy costs for premier office space increased 3.6 percent over a 12-month period, according to a new CBRE report.
Savills Launches Coworking Platform PIVOT
The fully integrated service will be rolled out exclusively in the U.K. and will offer an all-inclusive price point for tenants.