International
IHG to Open Fiji’s Largest Hotel
Crowne Plaza Wailoaloa Beach will be situated ten minutes from Nadi International Airport and will offer immediate beach access to its guests. The project is slated for completion in 2020.
Digital Realty to Develop 27mW Campus in Germany
The first of three planned buildings opened on Wilhelm-Fay Street, approximately three miles from downtown Frankfurt. The new site will be connected via dark fiber to Digital Realty’s existing facility in the city.
Skanska Invests $50M in Poland Office Complex
The company is working on the third building of High5ive, a five-property office complex located in Krakow, Poland. Construction is scheduled for completion in the first quarter of 2020.
Suning to Boost Online, Offline Retail
Evergrande, China’s leading property developer, will provide commercial facilities to the company, which is planning to add 5,000 physical stores with connections to its online presence by 2018.
CBRE: Mideast CRE Spending Tops $10B
The U.S. was the top destination year-over-year as of the second quarter, with volume reaching $3.9 billion.
JV to Deliver 650 MW of Onshore Wind to Sweden
GE and Green Investment Group have partnered to deliver what will become the largest single site onshore wind farm in Europe, estimated to increase Sweden’s installed wind generation capacity by more than 12.5 percent.
CBRE Global Investors Closes Asia Value-Added Fund
CBRE Asia Value IV and its co-investment vehicles are expected to have more than $2.5 billion in buying power. The investment team has acquired or committed $1.1 billion to five investments, primarily in logistics assets in Japan and China.
ACCIONA to Double Its Renewable Capacity in Latin America by 2020
ACCIONA currently owns 897 megawatts of wind and solar power capacity in the region, specifically in Chile, Mexico and Costa Rica.
Vattenfall to Power Microsoft Hub in the Netherlands
The two companies signed a 10-year contract to power Microsoft’s data center located near Amsterdam. The 180-megawatt wind farm will begin construction in 2018 and is anticipated to start producing renewable energy in 2019.
Marriott’s Moxy Debuts in Japan
American Hotel Management, a wholly owned subsidiary of developer Pacifica Capital, will be in charge of operating the 205-key property.