International
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.
citizenM Hotels Gets New Investor, $842M in Equity
GIC, the sovereign wealth fund of the Government of Singapore, will acquire a 25 percent stake in the Dutch hospitality brand in a transaction valuing the company at $2.2 billion.
BlackRock to Buy eFront for $1.3B
With the all-cash purchase of the Paris-based alternative investment software and solutions provider, the global asset manager will significantly enhance its technology platform.