Regions
Berkshire Increases Bay Area Apartment Presence with New Acquisition
In response to the Bay Area’s rental demand due to job growth, an affiliate of Berkshire Group has gotten on the bandwagon with the purchase of a Class A apartment community in Oakland.
INTERNATIONAL: Vida Hotels and Resorts Unveils Manzil Downtown Dubai
Vida Hotels and Resorts has opened a 197-key lifestyle boutique hotel for business in the heart of Dubai.
INTERNATIONAL: Skanska Secures Contract for Sports Hall, Supermarket in Stockholm
Skanska has inked an agreement for the construction of a new development project in the Huddinge municipality of Sweden’s capital.
Ivanhoé Cambridge Makes Second-Largest Single-Office-Building Transaction in U.S.
On a mission to increase its U.S. platform with top-quality office properties, Ivanhoé Cambridge has bought the iconic Three Bryant Park in midtown Manhattan.
Related Disposes of OneEleven Tower at Record Price
Scarcely six months after opening, OneEleven, a 504-unit luxury apartment tower in downtown Chicago, has been sold by Related, its developer.
INTERNATIONAL: Canada Pension Plan Investment Board Forms JV to Develop Massive M-U Project in China
The Canada Pension Plan Investment Board’s construction plan for a major mixed-use development in China’s Jiangsu Province marks the company’s first project of its kind in this part of the world.
Tishman Speyer Expands Footprint in Boston
Tishman Speyer expects to break ground later this year on a mixed-use development with offices and luxury condos at Pier 4 in Boston’s hot Seaport District.
Trammell Crow Co., Prudential JV Feed Chandler, Ariz.’s Hungry Office Market
Trammell Crow Co. and Prudential Real Estate Investors have answered Arizona’s growing demand for office space with the planned development of Mach One.
Opus to Develop M-F in Historic St. Louis Neighborhood
In response to tight vacancy in St. Louis, The Opus Group has come to the rescue with a multi-family development project.
INTERNATIONAL: W.P. Carey Picks Up Resort Hotel in Club Med Network
W.P. Carey has bought La Plantation d’Albion Club Med, situated on 53 acres of natural tropical woodland in Albion, a village on the northwestern coast of the island of Mauritius.