International
Amazon Signs 1 MSF Lease in Alberta, Canada
The upcoming facility will span 58 acres within Border Business Park, an industrial area at the outskirts of the city, and will represent Amazon’s second distribution center in Alberta.
Executive Spotlight: Eugene Lee, Knotel
Eugene Lee sheds light on company strategy and details his return to the private sector from senior government positions.
Upbeat Retail Forecast for 2018 Holiday Season
The DBRS team looked at trends in the U.S. and Canada and found encouraging signs for retailers, as shoppers plan to spend dollars at brick-and-mortar locations.
Oxford Properties Acquires Australian Office Fund for $2.4B
The real estate arm of OMERS purchased 19 office assets in Sydney, Melbourne, Brisbane, Perth and Canberra from Investa Property Group. Oxford and Investa will manage the portfolio jointly.
NorthStar Realty Europe Sells Frankfurt’s Trianon Tower
The 737,360-square-foot iconic office building in the German banking center’s CBD changed hands for about $758 million. Cushman & Wakefield advised on the deal.
Oil, Gas Producers on Uneven Road to Carbon-Free Future
Europe’s investment in the transition outpaces the U.S., Russia and China, concludes a U.K.-based environmental research group.
JV Acquires Berlin Office Complex
In a partnership with a private investor, Ardian Real Estate has acquired an asset offering more than 300,000 square feet of rental space in the heart of Berlin.
All LEED Buildings Now Eligible for Recertification
Over the past 25 years, the U.S. Green Building Council certified more than 43,700 commercial projects across 167 countries and territories.
2018 CRE Performance: UBS
According to its Real Estate and Private Markets report, the U.S. economy was the world’s strongest during the third quarter with a 3.5 percent growth annually, despite a year-over-year decline from 4.2 percent.
Berlin Tops Europe’s Office Markets—Still
A strong economy and job growth keep the German capital at the head of Scope Analysis GmbH’s latest survey of rental rate growth in 20 leading cities.