International
Blackstone to Pay Hefty Price for OfficeFirst Immobilien
After turning down a previous offer from Blackstone earlier this fall, IVG Immobilien AG has agreed to sell its office subsidiary for $3.65 billion.
Hilton Plays Significant Part in Latin America Hotel Growth
The hospitality giant is on track to open its 100th hotel in Latin America this year.
Hyatt Place Opens First Edmonton-Area Hotel
The hotel brings the brand’s intuitive design, casual atmosphere and practical amenities to the Edmonton area.
CBRE Nabs Italian Shopping Center for $68M
The acquisition marks the firm’s first purchase as part of its European retail strategy.
Zaha Hadid Architects Expands Presence in the Middle East
The company’s new office is located in the Dubai Design District, a creative hub for artists and designers.
TPG, Ivanhoé Cambridge Sell European Logistics Park Owner
The $2.7 billion deal is reportedly the largest European real estate transaction of the year.
$103M Resort Retail Portfolio Changes Hands
CNL Lifestyle Properties has sold a seven-property portfolio of trophy retail assets located within luxury resorts in the U.S. and Canada.
Meliá Hotels International Opening Three More Hotels in Cape Verde
This project will take the number of properties operated by Meliá Hotels International to eight, with a total of nearly 4,000 guestrooms.
First Hyatt Hotel Debuts in Brazil
Hyatt intends to develop several more destinations through a joint venture with Elandis.
Dublin Airport Plans 402-Key Terminal-Linked Hotel
The future 11-story property is set to become Ireland’s fourth largest hotel.