International
Industrial CRE Yield Compression Continues Globally
In a new study of 63 markets around the world, CBRE finds that 47 of them experienced a year-over-year decline in logistics real estate yields in 2018.
Amazon to Purchase Clean Energy From 3 New Wind Farms
The facilities, underway in Europe and the U.S., have a combined capacity of 229 megawatts and are set to power AWS’ global infrastructure.
It’s Yield vs. Caution in New Investor Intention Survey
Investors are caught between the pursuit of yields and the realities of a late-cycle market, all overshadowed by macroeconomic worries, CBRE reports.
Clarion Acquires Logistics Player Gramercy Europe
The $50 billion New York-based real estate investment manager has augmented its $16 billion, 700-property logistics portfolio by buying a majority stake in the European platform.
Thor Equities to Buy Paris Office Building for $56M
The asset, located in the popular Saint-Germain district, is considered an architectural landmark and is occupied by French bank Société Générale.
REIT Buys Tokyo Hilton Hotel for $560M
Tokyo-listed Japan Hotel REIT Investment Corp. picked up the 453-key property in the city’s Odaiba area, marking the hotel’s second sale in 15 months.
Europe’s Coworking Sector Continues to Blossom
Cushman & Wakefield’s latest Hotspot Index examines 40 European cities in its forecast of where the flexible workspace trend will next take hold.
Sweden’s First WELL-Certified Office Building Fully Leased
Castellum is on track to complete The Eminent in Malmo, with Boozt, Mindpark, Pergo, Diaverum, Puls & Traning and Icopal expected to move in between April and August.
Hines Buys Iconic Greece Office Asset
The company expanded its Athens footprint with the addition of a roughly 27,000-square-foot building, home to the Brazilian and Portuguese embassies, as well as Mastercard.
Hudson Pacific, Blackstone Partner on Vancouver Asset
The firms formed a joint venture to acquire and renovate the 1.4 million-square-foot Bentall Centre office and retail complex in Canada.