International
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.
Equinix Grows London Data Center Footprint
Equinix invested a total of $387 million in its U.K. data centers, mostly adding hyperscale infrastructure for cloud providers. The company will seek LEED Gold certification for its new data center.
Thor Equities Welcomes WeWork in Mexico
The coworking giant is the anchor office tenant at The Landmark Guadalajara, a new 2.5 million-square-foot mixed-use development with high-end retail and luxury residences.
LaSalle Investment Buys Amsterdam Office Tower for $63M
Acting on behalf of its Encore+ fund, a Continental European investment vehicle, the company acquired the 167,900-square-foot Luna Arena from PingProperties.
WeWork, ASOS Sign Full-Building Leases in London Submarkets
Kennedy Wilson secured long-term agreements with the coworking giant and the leading online retail group, marking two of the largest European deals in the company’s history.
Digital Realty Expands Sydney Data Center Campus
The company’s newest campus will complement adjacent facilities. Digital Realty plans to have at least six facilities in the metro by 2020, all interconnected by dark fiber.
Investment in 2018: Stronger Than Initially Anticipated
RICS Economist Tarrant Parsons highlights the main real estate trends across the globe and shares his views on the past year in the most recent quarterly podcast hosted by Senior Writer Alexandra Pacurar.
World’s Most Expensive High Streets
Tracking more than 400 top retail streets, Cushman & Wakefield’s 30th edition of its Main Streets Across The World report ranks them by their prime rental value.
Peakside, Madison Sell Frankfurt Office Asset
The joint venture acquired the 516,600-square-foot Frankfurt Airport Center last year and invested in an extensive refurbishment program. Tenants include Lufthansa, Fraport and Airport Club.