International

Thor Equities Sells London Office Asset for $64M

The firm purchased the property in 2017 and refurbished its facade. The six-story building comprises a little more than 25,000 square feet.

World’s Largest Offshore Wind Farm Begins Operation

Ørsted and two Danish pension funds—PKA and PFA—share ownership of Walney Extension, the 659-megawatt project located off the coast of England.

Fred Cerrone and Brad Rahinsky

Hotel Equities, Virtua Partners to Grow Hospitality Footprint

Virtua will be making a series of investments totaling more than $500 million, to help the Atlanta-based firm move into new regions in the U.S. and Canada and expand in current markets.

Spichernstrasse 2-3

Ardian Buys 136 KSF Office Building in Berlin

The Paris-based company purchased an eight-story complex in the City West district, marking its third investment in Germany to date.

Marcus & Millichap Hires Manager for Montreal Office

Thierry Lessoil, who has more than 30 years of experience in commercial real estate investment sales and management, will help launch the brand in the Canadian city.

Largest Hampton by Hilton Hotel Opens in Dubai

The 420-key property, located near the Dubai International Airport and the Dubai Airport Free Zone, is the largest for the brand worldwide and will help diversify Dubai’s hospitality offerings.

Waldorf Astoria Debuts in Bangkok

Hilton manages Waldorf Astoria Bangkok, a 171-key hotel located in the heart of Bangkok. The rooms are designed by architect Andre Fu.

Entic, Hilton Partner to Increase Utility Consumption Efficiency

The global hospitality company has seen a 10 percent utility reduction across the portfolio of properties where it has deployed Entic’s building analytics platform.

Facebook Recommits to Renewable Energy With 2020 Pledge

The tech giant wants to slash its greenhouse emissions and power global operations with green sources, further showcasing its commitment to the Paris Agreement.

Hyatt House Expands in Frankfurt

The property, scheduled for completion in 2023, will be part of a mixed-use development set to include hotels, residential, office and retail spaces.