Regions
Xinyuan Buys Land Parcel in Hunan Province for $112M
Xinyuan Real Estate Co., a Beijing-based residential real estate developer, continues gobbling up land in high-growth Chinese cities to build more multi-family housing.
C&W: Global Property Investment Volumes to Hit $1.3T in 2014
The global property investment market delivered $1.2 trillion of transactions in 2013, a 23 percent increase from 2012 and the highest total since 2007, according to Cushman & Wakefield’s latest International Investment Atlas report.
NGKF Opens New Office in Colorado Springs
The Colorado Springs market is going through recovery, and Newmark Grubb Knight Frank has prepared itself for the impending turnaround with the opening of a new office in the city.
JLL: Rents Expected to Keep Rising at U.S. Skyscrapers
Rents are rising and vacancy rates are falling at America’s trophy skyscrapers, spurred by aggressive investors, tightening supplies and the growing technology, energy and healthcare sectors.
SCA Signs Lease with Hines for 73 KSF of Office Space in Paris
International manufacturer SCA signed a nine-year lease with Hines European Core Fund (HECF) to occupy 73,000 square feet across three floors at the Eurosquare building in the Saint-Ouen business district in Paris.
Starwood’s Big Plans for Sheraton in 2014
Starwood Hotels & Resorts Worldwide expects the next 12 months to reach record growth for its Sheraton Hotels brand, with 35 new hotels expected to open in emerging markets.
Meridian Capital Arranges $142M for Acquisition of Brooklyn Office Property
Meridian Capital Group arranged a $142 million mortgage for the purchase of an office property in Brooklyn’s Fort Greene neighborhood on behalf of RXR Realty and American Landmark Properties.
Hackman Capital Buys Iconic 358 KSF Film Studio in Culver City, Calif.
Hackman Capital Partners has acquired The Culver Studios, a 358,200-square-foot independent film studio in Culver City, Calif., approximately 10 miles west of downtown Los Angeles.
Lend Lease Completes Phase I of $270M Mall Project in Australia
Lend Lease has completed Phase I in the redevelopment of Lakeside Joondalup, to become the largest shopping center in Western Australia.
MARKET SNAPSHOT: Apartment Boom Underway in Indianapolis, Vacancy Up
Indianapolis continues to witness an exceptional inventory increase of multi-family housing units this year, amid moderate employment growth and rising home sales.