International
Chinese Eco-City Features Bio-Diverse Tower
The 90,000-square-foot, 665-foot-tall Tian Fang Tower is projected to generate as much as 20 percent of its clean energy with the help of a combination of fuel cells, solar panels and wind turbines. Billed as one of China’s most advanced sustainable commercial buildings, it is located in the Tianjin Eco-City development.
AMB: Only Moderate Damage in Japan
In contrast to its previous estimate of $10 million in damage to its 10.6 million square feet of properties in Japan, the company now estimates damage between $4 million and $6 million.
JLL Debuts Mexico Resort Group
The team will be led by Gilberto Riojas, who brings more than a quarter-century of experience in residential, office and resort projects throughout the country.
Preparation Led to Minimal U.S. CRE Quake Damage
Business sector financial data and analysis provider SNL Financial–which covers 41 real estate companies that have exposure in five coastal prefectures–found that the damage to properties owned by the entities it analyzes has been nominal to this point.
U.S. Firms Take Stock of Portfolios in Japan
AMB Property Corp., CB Richard Ellis Inc., Simon Property Group and Starwood Hotels & Resorts Inc. all have properties in the stricken nation.
Tishman Speyer Plans Tower in Frankfurt
The company just revealed plans to build TaunusTurm, a premier 650,000-square-foot office tower in the German city’s financial hub.
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