International
Carlson Opens Third Hotel in Kyiv
The 196-key hotel is Smart-Holding’s first project in the hospitality industry. The property is located in downtown Kyiv, near several landmarks.
Oxford-Madison JV Pays $1.3B for Berlin Sony Center
Hines—asset manager of the 1.2 million-square-foot mixed-use complex—helped the National Pension Service of Korea to sell the asset. CBRE and Greenberg Traurig advised Oxford Properties and Madison International Realty.
Behind the Soaring Demand for Scottish Hotels
Resilient to wider geopolitical headwinds, the Scottish hotel market is attracting an increasingly larger amount of capital, especially from the U.S. and India. The relative weakness of the pound sterling and the sharpness of yields are some of the factors behind this trend, according to Steven Fyfe, associate in the hotels team at Savills Scotland.
GLRE Summit Report: Omnichannel Retailers Poised to Outperform Peers
Industry stalwarts discussed the need to rethink retail investment at EisnerAmper and iGlobal Forum’s Global Leaders in Real Estate Summit, dispelling myths about the rapidly changing sector.
Costa Rica Office Park Commands $127M
Tim Gifford, managing director of CBRE Capital Advisors, Latin America, represented the seller in the disposition of the four-building asset.
Park Hyatt Brand to Debut in Mexico
Two new luxury hotels in Los Cabos and Mexico City are scheduled to open in late 2020 and early 2021, respectively. Both will feature guestrooms and residences.
Waldorf Astoria Dives into the Maldives
Scheduled for completion in early 2019, the five-star hotel will mark the first ground-up development for Hilton’s Waldorf Astoria brand and the second in the Maldives for Hilton overall. The property will feature an approximately 22,000-square-foot spa.
GLRE Summit Report: Real Estate Industry Facing Structural Changes
Technological disruption, changing consumer behavior and political uncertainty are just a few of the factors affecting the way industry participants are making investment decisions, according to panelists at EisnerAmper and iGlobal Forum’s Global Leaders in Real Estate Summit.
Four Seasons Seychelles to Welcome Guests in 2018
The 108-key hotel offers studios, villas and bungalows, all situated on its own island. The resort is a 35-minute flight from Mahe, the main island of Seychelles.
Skanska Invests $90M in Denmark Hotel Project
The 357-key hotel will comprise around 275,000 square feet of space. Construction is scheduled to begin in January 2018 and completed by September 2020.