International
Madison International Grows Footprint in Poland
The company has acquired a majority interest in Capital Park SA, a major investor and developer that trades on the Warsaw stock exchange.
TPG Real Estate Partners Closes $4B Fund
The company’s latest opportunity vehicle, TPG Real Estate Partners III, secured more than $3.7 billion in capital commitments and was oversubscribed.
LaSalle Appoints New European CEO
Karen Brennan will take over the role from current CEO Simon Marrison, who will transition to chairman of the firm in June.
JLL Names Global CFO
Stephanie Plaines was previously CFO for Starbucks’ U.S. retail. She will report to CEO Christian Ulbrich and join the company’s global executive board.
Tekka Place Tops Out in Singapore
Lum Chang Holdings and LaSalle Investment Management near completion of the mixed-use project, which will consist of 320 apartments and 70,000 square feet of retail.
Data Center Demand Continues to Soar Globally
According to JLL’s new forecast, the call for space grows louder, bolstered by increased cloud activity, which developers rush to accommodate with expanding construction pipelines.
CBRE Global Investors Acquires Madrid Hotel
An affiliate of Signal Real Estates Opportunities Fund LP sold the 161-key Hotel Exe Moncloa, a four-star property located in the heart of the Spanish capital.
Hines Buys German Office Portfolio for $341M
The purchase, which includes 13 buildings and totals more than 295,275 square feet, marks the fund’s second acquisition of its kind in Stuttgart.
Radisson Collection Hotel Expands to Warsaw
Situated in the city center, the hotel will be transformed into a Radisson Collection Hotel. The property is scheduled to open in May.
Goettsch Partners-Designed Tower Tops Out in China
Soaring 1,322 feet, Nanning China Resources Center Tower will be the tallest building in the City of Nanning, and the tallest in the Chicago-based architecture firm’s portfolio of completed projects.