Regions
Mumbai Residential Project Opens Pre-Bid to Overwhelming Response
Lodha Group, India’s premier real estate developers, launched the pre-bidding process for two projects within its massive luxury residential development named Codename Blue Moon in South Mumbai’s Worli area.
Mövenpick Hotels & Resorts Opens Fifth Property in Dubai
With the launch of the Mövenpick Hotel Apartments The Square on Jan. 20, Mövenpick Hotels & Resorts has become the first international hotel company to operate a property in Dubai’s elegant district of Al Mamzar.
Blackstone Taps AMB Property’s Barzegar for CEO of LogiCor
AMB Property Corp.’s loss is LogiCor’s gain. Mo Barzegar has just been hired to serve as president & CEO of LogiCor, the European logistics real estate arm of investment and advisory firm Blackstone.
Prism to Launch $230M Adaptive Reuse Development in NJ
Construction is expected to begin this spring on the $230 million Edison Village project in West Orange, N.J., which will transform 21 acres in the town’s downtown area, including the historic Thomas Edison factory, into 331 rental apartments and 18,000 square feet of retail.
Gulf Related to Launch 2 MSF M-U Project in Abu Dhabi
Al Maryah Island, Abu Dhabi’s blossoming new central business district, continues to grow by leaps and bounds and Gulf Related is making a big contribution with a new $272 million project.
Google to Develop New HQ in London’s King’s Cross
Tech giant Google is looking to cement its position in the European market, particularly the hot London business world, by announcing that the company is looking to develop a brand new European HQ.
RXR Signs NNN Lease for Manhattan’s 75 Rockefeller Plaza
Big plans are in the works for 75 Rockefeller Plaza in Midtown Manhattan, now that owner 75 Plaza has turned over a leasehold interest to RXR Realty under a 99-year, triple-net-lease agreement, the financial terms of which have not been disclosed.
Transwestern Promotes Two to Lead Growth in Southwest, Latin America
Transwestern has been making calculated moves to expand its presence in the U.S. and across the globe over the last few years and the process continues with two promotions that are part of its leadership expansion program announced earlier this month.
Mack-Cali Constructing M-U Development Project in East Boston
The Roseland subsidiary of the Mack-Cali Realty Corp. has commenced construction on Portside at Pier One, a 176-unit luxury apartment project on the East Boston waterfront.
George Smith Partners Secures $185M in Financing for Retail Portfolio
DJM Partners has refinanced a four-property retail portfolio in Southern California with $185 million in financing arranged by the Los Angeles-based real estate investment banking firm George Smith Partners.