International
Kennedy Wilson Refinances $334M of Irish Properties
Euro-subsidiary completes refinances of seven assets, including office, retail and multifamily properties in the capital city of Dublin. The deal follows this fall’s merger between Kennedy Wilson Holdings and Kennedy Wilson Europe Real Estate.
African Development Bank Grants $324M for Green Power Projects
The funds will be used for two renewable projects, one in Morocco and the other on the Côte d’Ivoire, as part of a more than $2 billion project that will have a cumulative capacity of 800 megawatts.
Curio Collection Opens First Hotel in Australia
The West Hotel Curio Collection by Hilton comprises 182 guestrooms and was designed by Fitzpatrick + Partners, with interiors by Wood Bagot.
EPP Invests $818M in Polish Shopping Center Portfolio
The M1 portfolio encompasses 12 retail assets totaling 4.8 million square feet across 620 stores. The properties are all single level, fully-leased and grocery-anchored.
Germany’s First Rosewood Hotel to Open by 2023
The Rosewood Munich will open in two historic buildings and will offer guests a full-service spa and easy access to public transportation and tourist attractions.
Hong Kong Tops List of Most Expensive Office Locations
Cushman & Wakefield research shows the city has replaced London’s West End as the most expensive to accommodate staff.
Statoil Completes Work on 402MW Offshore Wind Farm in the UK
The facility generates sufficient clean energy to power more than 410,000 U.K. homes and was built in three years.
Chernobyl Goes Solar
A partnership between Rodina Energy Group Ltd. and Enerparc AG is working on a 1-megawatt solar facility, slated for completion by the end of the year.
AECOM to Handle Management for $1.9B Theme Park
China’s Elite Global Group tapped the company to provide comprehensive, integrated program management services, including assisting in the 250-acre Nickelodeon-themed project in the southeastern city of Foshan.
Dutch CRE Market Grows Increasingly Vibrant
Investment activity for the first three quarters of this year is up 5.6 percent over last year. The country is benefiting from the migration of companies from the U.K. ahead of Brexit, according to law firm Greenberg Traurig, which assisted with two major deals in the Netherlands earlier this year.