In the first of this three-part report on the challenges of investing and developing multifamily real estate abroad, MHN dissects impediments and opportunities in the Asian market.

Toronto–Avison Young is moving its headquarters to a new, greener office tower, as a way to lead by example in striving toward sustainability.

CK Designworks is designing what they call a “vertical street” in downtown Melbourne, a 35-story mixed-use high-rise that will feature ground-floor retail, three floors of office space and 154 apartment units.

Port Louis, Mauritius–Red Fort Capital has recently closed two residential transactions in the Delhi-NCR region of India on behalf of Red Fort Fund II, the investment manager’s second fund.

Chicago–The Institute of Real Estate Management recently approved the formation of IREM China Shanghai Chapter No. 118.

Mexico City–Starwood Hotels and Resorts plans on adding another contemporary, design-conscious W Hotel to its portfolio, the centerpiece of the new mixed-use development Liberty Plaza.

Da Nang City, Vietnam–A new master plan for a green city situated on the edge of the Danang in Vietnam has been unveiled by Skidmore, Owings & Merrill LLP (SOM).

San Francisco–Jeffrey Heller, FAIA, president and founder of Heller Manus Architects, has been appointed to the Green Growth Leaders’ Council, an international alliance of leaders dedicated to accelerating the green economy.

London and Johannesburg–Jones Lang LaSalle announced the formation of Jones Lang LaSalle South Africa following the acquisition of one of the country’s leading corporate property service providers, Bradford McCormack & Associates.

As part of the Tianjin Eco-City in China, which aims to develop a socially harmonious, environmentally friendly city, a 200 meter-tall mixed-use commercial building has been designed with a bamboo forest in mind.