Regions
INTERNATIONAL: Tristan Capital, STAM Europe Open $130M Office Campus in Central Paris
A partnership between a real estate investment fund advised by Tristan Capital Partners and co-investor STAM Europe marked the official opening of a nearly 264,000-square-foot office complex located in the heart of Paris.
W.P. Carey Buys 236 KSF R&D Facility in Metro Boston
W. P. Carey has acquired for about $56 million the U.S. headquarters and R&D facility of Schneider Electric USA Inc.
Colliers Expands European Footprint with Acquisition of France’s AOS Group
Colliers International has just boosted its presence in the EMEA region by 20 percent–and established a notable base of operations in France and Belgium–with the acquisition of a controlling interest in Paris-based AOS Group.
INTERNATIONAL: Marriott to Open 30 Hotels Across Africa by 2020
The world’s largest hotel company, Marriott International, is opening 30 new properties across the African continent by 2020, nine of them slated to open by the end of 2015.
MetLife, Panattoni JV to Develop 900 KSF of Industrial Parks in Seattle Area
MetLife is partnering with Panattoni Development to build three new industrial distribution parks in the Seattle area for $63 million.
INTERNATIONAL: Brookfield Multiplex to Build $187M Hospital in New South Wales
Brookfield Multiplex is set to develop the largest infrastructure project in the Bega Valley Shire in New South Wales –a new $187 million hospital.
Ivanhoé Cambridge JV to Invest $500M in Mexican M-U Development Projects
It’s a trip from North of the Border to South of the Border, with a step in between. Ivanhoé Cambridge JV will invest in the development of mixed-use urban communities in some of Mexico’s main cities.
NorthPoint Buys 285 KSF Office Tower in Downtown Kansas City
NorthPoint Development has acquired The Power & Light Building, an iconic 30-story office tower in downtown Kansas City, from Gailoyd Enterprises Group, with plans to convert the property into a mixed-use development with 200 apartments.
INTERNATIONAL: Hines Launches $250M M-F Program in India’s Urban Areas
Global real estate firm Hines is launching Hines India Residential, with the purpose of investing in multi-phased, for-sale residential developments that require long-term equity capital.
Berkadia Secures $107M for 7 M-F Properties in Las Vegas
A portfolio of seven multi-family properties in Las Vegas owned by Interwest Capital and Angelo, Gordon & Co. received $107 million in financing arranged by Berkadia Commercial Mortgage.