International
Skanska Invests $58M in Poland Office Project
Offering 196,979 square feet across 16 stories, construction of Generation Park’s phase two began in December 2017 and is slated for completion in the the third quarter of 2019.
CapitaLand Sells $1.3B Mall Portfolio in China
The Singapore-based real estate company will sell the collection, which totals roughly 8.6 million square feet, to China Vanke Co. The transaction is expected to close later this year.
REIX Corp. Completes Series A Capital Raise
In addition to receiving investments from Altus Group and Real Capital Analytics, the company named Doug Prickett as global CEO, overseeing the continued development and expansion of the Mango REIX and SiiLA products.
Polski Solar to Develop Deer-Shaped Solar Farm
The 10-megawatt facility, estimated to generate sufficient energy to power 4,500 households, will comprise 30,000 black and blue colored photovoltaic panels shaped like a reclining deer.
Hyatt Place Lands in Germany
The Frankfurt Airport hotel joins the flag’s five other locations across Europe, which include two London-area properties, two in Armenia and one in Holland.
Pure Industrial Picks Up Properties in U.S., Canada
Including the Montreal transaction closing expected in January and the closing of one of the Fort Worth assets set for August 2018, PIRET will have completed or announced year-to-date acquisitions of approximately $850 million.
Red Bull Inks 38 KSF in London
CBRE Global Investors secured an 11-year lease in which the energy drink firm will occupy the reception, part ground, mezzanine and floors three through six of Seven Dials Warehouse.
CBRE Acquires Italian Engineering Services Provider
Geico Lender focuses on providing a broad range of services for the installation of HVAC, building automation and other technological systems for financial institutions and other private sector companies.
Equinix to Acquire Metronode for $792M
The company will add approximately 215,278 square feet of new colocation space. It plans to expand the new facilities, as well as take advantage of two subsea cables, both slated for completion in the first half of 2018.
WeWork Signs 86 KSF for 1st Munich Location
Set to occupy four floors in Hines’ OSKAR building, WeWork was advised by NAI Apollo during the lease transaction.