International
Latest Colliers Investment Nears Half-Billion
The commercial real estate services firm will acquire a majority stake in Harrison Street Real Estate Capital, a firm with approximately $14.6 billion in assets under management.
AccorHotels, Algeciras to Buy Chilean Hotel Group Atton
The partnership expects to close the deal in the second half of the year, with AccorHotels retaining the option to sell its share in the transaction after five years.
Wyndham Closes $1.3B Sale of European Vacation Business
Private equity firm Platinum Equity acquired the concern, which is the largest manager of holiday rentals in the region. The deal comprises more than 110,000 units in 25 countries.
Multiplex to Build Major Sydney Office Tower
Winten Property Group selected the Sydney-based contractor to develop a 640,000-square-foot building within the North Sydney CBD. The project is scheduled for completion in 2020.
Blackstone Sells Iconic London Office for $335M
The 286,600-square-foot Cannon Bridge House property, consisting of two linked buildings atop a rail station, has changed owners after a successful renovation and repositioning.
JV Makes Oceanfront Resort Purchase in Mexico
Trinity Investments LLC, Walton Street Capital LLC and Oaktree Capital Management LP teamed up to acquire the 375-key Hilton Los Cabos Beach & Golf Resort.
Skanska Sells Romanian Office Asset
Campus 6.1 is the first phase of a four-building office development in Bucharest. CA Immo purchased the property for $60 million.
Marriott International Debuts in Mali
Close to the Modibo Keita International Airport, the hotel features 27 Sheraton Club rooms and 32 suites. The opening of Sheraton Bamako Hotel marks Marriott’s first property opened in Mali.
New World Plans $2.5B Mixed-Use Project in Hong Kong
The property will encompass 3.8 million square feet of retail, entertainment and office accommodations at Skycity, a 60-acre commercial development at Hong Kong International Airport.
Thor Equities, Meyer Bergman to Sell London Retail Asset for $407M
Considered a landmark since its completion in 1819 as Britain’s first shopping arcade, Burlington Arcade features 37,000 square feet of space and attracts more than 4 million visitors a year.