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London May Have Led the Way… but Foreign Investors are Increasingly Eyeing New York

London May Have Led the Way… but Foreign Investors are Increasingly Eyeing New York

JLL’s Scott Latham says the focus of foreign investors is shifting from London to New York as buyers shy away from turmoil in the EuroZone.…

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Recent Success Fuels New Wave of Sales at Dubai Creek Harbour

Recent Success Fuels New Wave of Sales at Dubai Creek Harbour

Sales for more than 240 units in the second and third luxury residential towers of Dubai Creek Harbour at The Lagoons were launched in mid-November, at a sales event in Dubai, Abu Dhabi and Doha. …

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Goodman Group Operations in Japan Are Thriving as Company’s Local Developments Are On-Schedule

Goodman Group Operations in Japan Are Thriving as Company’s Local Developments Are On-Schedule

Goodman’s undertakings in the Japanese market are all reportedly on track according to plan. The company has already completed a project this month, with two other developments set to come online very soon.…

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KSK Land and Kempinski to Manage 8 Conlay Mixed-Use Development in Kuala Lumpur

KSK Land and Kempinski to Manage 8 Conlay Mixed-Use Development in Kuala Lumpur

Kempinski Hotels, Europe’s oldest luxury hotel group, and KSK Land Sdn Bhd, a subsidiary of KSK Group Berhad recently announced the signing of a management agreement for the upscale 8 Conlay mixed-use development in Kuala Lumpur, Malaysia.…

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Construction Begins on Omniyat Group’s $680M Luxury Residential Tower in Dubai

Construction Begins on Omniyat Group’s $680M Luxury Residential Tower in Dubai

Omniyat Group, one of the most prolific high-end property developers in the Gulf region, has celebrated the groundbreaking of its new residential megaproject in Dubai.…

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W.P. Carey Completes First Australian Investment with Sale-Leaseback Agreement for Industrial and Agricultural Portfolio

W.P. Carey Completes First Australian Investment with Sale-Leaseback Agreement for Industrial and Agricultural Portfolio

Global net-lease real estate investment trust W.P. Carey has completed yet another international acquisition. The company recently announced that it closed a 20-year sale-leaseback deal with Inghams Enterprises Pty. Limited, for a portfolio of 31 properties in the Australian market.…

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Safra Group Pays More Than $1B for The Gherkin in London

Safra Group Pays More Than $1B for The Gherkin in London

The Safra Group, an international network of companies led by Brazilian billionaire Joseph Safra, recently announced the purchase of 30 St. Mary Axe in London, also known as The Gherkin due to its unusual shape. …

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JW Marriott Launches 115-Room Luxury Resort in India

JW Marriott Launches 115-Room Luxury Resort in India

JW Marriott Hotels & Resorts announced the opening of JW Marriott Mussoorie Walnut Grove Resort & Spa.…

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William’s Court Kanata Lakes Apartments in Ottawa Sells for $47.6M

William’s Court Kanata Lakes Apartments in Ottawa Sells for $47.6M

Killam Properties has recently acquired the 152-unit Kanata Lakes Apartments II, a newly constructed luxury rental building in Kanata, Ontario, in the outskirts of Ottawa.…

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Trump International Hotel & Tower Baku to Open in June 2015

Trump International Hotel & Tower Baku to Open in June 2015

Trump Hotel Collection recently announced the development of Trump International Hotel & Tower in Baku, Azerbaijan. The 33-story luxury hotel will be located on Hasan Aliyev St. in the Nasimi District of Baku, in close proximity to the Zaha Hadid-designed Heydar Aliyev Center, and is slated for completion in June…

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W.P. Carey Completes Acquisition of Class A HQ Property in Oil-Driven Norwegian Market

W.P. Carey Completes Acquisition of Class A HQ Property in Oil-Driven Norwegian Market

By Alex Girda, Associate Editor Stavanger, Norway—Global REIT W.P. Carey Inc. recently announced the acquisition of an office asset in the fastest growing market in Southern Norway. The company specializes in corporate sale-leaseback, build-to-suit financing and the acquisition of single-tenant net-lease properties, a strategy it respected with the acquisition of…

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Four Seasons Hotel Moscow Brings Contemporary Flair to the Iconic Hotel Moskva

Four Seasons Hotel Moscow Brings Contemporary Flair to the Iconic Hotel Moskva

One of the most iconic hospitality spots in the entire Russian Federation is set for a rebirth as the historic Hotel Moskva has been reopened as the Four Seasons Hotel Moscow. …

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