International
EDP, ENGIE to Create Offshore Wind Titan
The partnership will primarily target markets in Europe, the U.S. and selected geographies in Asia, the regions where most of the growth is expected to come from.
Goldman Sachs to Buy European Budget Hotel Chain
PAI Partners, a leading European private equity firm, confirmed it is in exclusive negotiations to sell B&B Hotels, which has 486 hotels in 12 countries.
Hyatt to Open First Regency Hotel in Lisbon
Scheduled to open in 2020, the first Hyatt hotel in Portugal’s capital will offer 200 keys. The property will be situated near two UNESCO World Heritage venues.
Bentall Kennedy Pays $450M for Montreal Trophy Tower
In a deal with Oxford Properties and Public Sector Pension Investment Board, the Toronto-based company acquired a 1 million-square-foot office asset in the city’s downtown.
How I.M. Pei Shaped the World’s Skylines
The Chinese-born American architect, best known for designing the Louvre Pyramid, also brought renowned commercial projects to cities around the world that have inspired hundreds of lesser imitations.
Innovation, Talent Attract CRE Capital
The world’s most tech-savvy and talent-rich cities—including San Francisco, London and San Jose—command a greater portion of real estate investment, according to a new JLL report.
Park Hotels & Resorts Reopens Caribe Hilton in Puerto Rico
The 652-key hotel in San Juan underwent a massive renovation after it was heavily damaged by Hurricane Maria in September 2017.
Madison International Completes Acquisition of Capital Park Stake
The deal for the controlling stake in the Polish investment company gives New York City-based Madison International a platform to expand in Poland’s commercial real estate market.
Tel Aviv Bond Market Revives, But the Bar Is Higher
As U.S. companies begin issuing on the TASE again, what does it take to have a successful offering? Westdale’s recent $140 million bond deal provides some critical clues.
iintoo Buys RealtyShares Assets
With the completion of the transaction, the global real estate investment network has supplemented its assets under management by 150 percent, reaching a total value of $2.5 billion.