International
Gramercy Says Ta-Ta to Two UK Assets
The company completed the sale of a single-tenant office building and an interest in a single-tenant logistics facility for a combined £21 million, or roughly $25.8 million.
Axiom Holdings Focuses on China Power, Hospitality Markets after Reverse Merger
The company has acquired two Chinese hydro-electric power plants and two hotels.
New U.S. Industrial Fund to Spend $1.5 Billion
GLP US Incomes Partners III will be seeded with a $1.1 billion portfolio from Hillwood.
Ascott Expands European Portfolio with $57M Buy
Located in the heart of Dublin, the 136-key Temple Bar Hotel features its own brasserie-style restaurant.
Playa Hotels & Resorts Going Public
Playa owns and operates all-inclusive resorts, offering 6,142 rooms across its 13 locations including the Dominican Republic, Jamaica and Mexico.
Heathrow Airport Taps Jacobs for Integrated Design Team
Pasadena-based Jacobs will join the team working on the expansion of Europe’s busiest business airport.
Angelo, Gordon Closes $850M Asia Realty Fund III
Angelo, Gordon & Co. has invested around $1.9 billion of equity in 58 real estate deals in Asia since 2005.
Executive of the Year Spotlight: Jeff Hines
Industry veteran Jeff Hines received Honorable Mention for the 2016 Developer of the Year/Office Property Executive of the Year award.
AFIAA Nabs Melbourne Office Asset for $121M
The Zurich-based investment foundation plans to expand its worldwide portfolio to nearly $3 billion worth of properties in the next five years.
GreenOak Secures $40M Refi for London Mixed-Use Project
The former office space will be converted into 22 apartments, plus ground-floor retail.