Regions
MIPIM Special Series — Part Three: Europe
Associate editor Eliza Theiss presents a focus on the European real estate market, the third in a three-part series of reports on worldwide real estate based on presentations at the MIPIM world property market in March.
JLL Hotels Secures $75M in Financing for St. Regis Aspen Resort
Jones Lang LaSalle Inc.’s Hotels & Hospitality Group has secured $75 million in financing on behalf of 315 East Dean Associates for the luxury property.
Prologis Adds Distribution Center to Wroclaw V Park
Prologis is expanding its presence in Poland, where it will construct a 376,000-square-foot, build-to-suit distribution center for a leading Polish retailer.
Chinese Conglomerate Acquires Part of One Nine Elms Redevelopment Project
A major component of London’s One Nine Elms redevelopment project recently traded hands, with original developer Green Property selling its site to a Chinese conglomerate for a reported $140 million.
Micro Unit Trends: The Response
Kauri Investments Ltd. chairman James Potter and AREA Real Estate L.L.C. principal David Adelman sat down at the ULI Spring Meeting to discuss municipal, capital markets and neighborhood response to micro unit apartment projects.
Micro Unit Trends: The Emerging Tenant
Kauri Investments Ltd. chairman James Potter and AREA Real Estate L.L.C. principal David Adelman sat down at the ULI Spring Meeting to discuss the type of demand they’re seeing for micro unit apartments.
KBS REIT III Buys Three-Property Office Portfolio for $269M
KBS Real Estate Investment Trust III has kicked off summer with its largest purchase of the year. The REIT just completed the $269 million acquisition of a 1 million-square-foot group of three office properties in Dallas and suburban Washington, D.C., known as the National Office Portfolio from CBRE Global Investors.
Brookfield Multiplex to Develop 366 KSF Office Tower in Perth
Leading global contractor Brookfield Multiplex has been awarded the design and construction contract for Brookfield Place Tower 2 in Perth, Australia, to be developed by its client and sister company Brookfield Office Properties.
USAA Sells 5 MSF Industrial Portfolio to Duke
Duke Realty Corp. continues boosting its industrial holdings with its latest acquisition – a nearly 5 million-square-foot, Class A, eight-property portfolio sold by USAA Real Estate for $311 million.
Ascott to Manage 150-Unit Somerset Alabang Manila Serviced Residence
The Ascott Ltd., CapitaLand’s wholly-owned serviced residence business unit, has increased its presence in the Philippines by securing a contract to manage a serviced residence in Alabang, a major business district in metro Manila.