International
Starwood Capital Expands Manchester Footprint
The U.S. investment company expands its U.K. portfolio by grabbing its third hotel in the area, Holiday Inn Manchester City Centre.
Citi Tower Awarded LEED Platinum in Hong Kong
The latest Citi-owned building to be awarded LEED is Citi Tower at One East Bay, in Hong Kong, as part of Citi’s Sustainable Progress Strategy.
Marriott Int’l Unveils Moxy Hotels In Vienna
The 405-key hotel offers guests an extensive amenity package and its location provides easy mobility across the Austrian capital.
TCC Group Unveils $3.5B Mega-Project in Thailand
The upcoming One Bangkok city district will include five office towers built to LEED and WELL standards, five hotels, three luxury residential high-rises, retail and a variety of civic, art and cultural facilities.
“Jexit”: HCP President Leaving for UK-Based Operator
Justin Hutchens will become the new CEO of HC-One, one of the largest and most recognized home care providers in Britain.
Blackstone Buys German Property Group
The company acquired OfficeFirst Immobilien AG, a real estate investor and manager with a portfolio of 100 assets totaling 16 million square feet.
Global Capital Targeting CRE Stays High at $435B
The global wall of money available for real estate investment declined 2 percent compared to last year’s peak of $443 billion, but it remains at its second-highest value since 2009, according to Cushman & Wakefield’s latest global capital markets report.
WPT Industrial REIT Taps New CFO
Gilats will be succeeding Dennis Heieie, who plans on retiring in June 2017.
Ashlar Urban Realty Joins Cushman & Wakefield Canada
Effective immediately, 31 professionals will start working for the global real estate services firm.
First Unit of Sarulla Geothermal Power Plant Begins Commercial Operation
The geothermal power plant is expected to be complete by 2018.