International
Choice Hotels Opens 810-Key Property in Olso
Designed with an emphasis on sustainability, the hotel is part of a larger Clarion expansion across Scandinavia. Nordic Choice developed and owns the asset.
Uptick in M&A Activity Boosts Capital Flow to US
The CBRE study found that inbound capital rose 79 percent over the previous year, with the retail sector taking up the lion’s share.
London Hotel Portfolio Changes Hands for $1.3B
Queensgate Investments acquired the four upscale properties from Grange Hotels and has an agreement with Fattal Hotel Group, which will reposition and run the properties.
Call for Submissions: RICS Global Commercial Property Monitor
Was the first quarter of 2019 a good one for investment? Weigh in on commercial property occupier and investor sentiment and become part of this leading industry indicator.
JLL to Acquire HFF for $2B
The global real estate giant will purchase the Dallas-based brokerage firm in a cash-and-stock deal expected to close in the third quarter.
Skanska to Build Scandinavia’s 1st Net-Zero Hotel
Working on behalf of Fabege, the company will develop a $51 million property in Solna, scheduled for completion in 2021.
JV Acquires German Office Asset
Ares Management Corp. and EDF Invest have teamed up to purchase the 629,688-square-foot IKB office building in Düsseldorf from IKP Deutsche Industriebank.
Brookfield to Acquire Majority Share of Oaktree
The alternative asset management giant inked a deal to purchase 62 percent of Oaktree Capital Management’s business. Both firms will continue to operate independently.
IHG Opens Kimpton in Scotland
Located in the UNESCO world heritage site of Edinburgh’s Georgian New Town, The Kimpton Hotels & Restaurants-branded property offers 184 guestrooms and 15 suites.
AshbyCapital Secures $142M in Financing for London Property
The company is planning to transform the Brutalist-style building, developed in the 1970s in the Kensington area, into an office and retail asset.