International

CPA®:18 –Global, one of W. P. Carey Inc.’s managed non-traded REITs has acquired La Plantation d’Albion Club Med, the parent firm announced.

Essex-based house builder Weston Homes recently acquired a historic, 7.59-acre property in Dartford, 16 miles away from central London.

Site work has recently started on the Metroffice, a new office development project in the heart of the Romanian capital.

In a $29.5 million (€23.8 million) deal, global net-lease real estate investment trust W.P. Carey Inc. has acquired a new build-to-suit 362-000 square-foot light-industrial and distribution center in Poland.

Hines recently completed the acquisition of a property in industrial real estate market of Mexico.

London-based Hinduja Group, one of the largest diversified companies in the world, in partnership with Spanish industrial company Obrascon Huarte Lain Desarrollos, has recently purchased the Old War Office building in central London.

After having recently launched its presence in Germany with the opening of a new office in Frankfurt on December 1, 2014, Toronto-based commercial real estate services firm Avison Young has advised two Canadian pension funds in the acquisition and financing of a second mixed-use property in Germany.

The London Borough of Hammersmith and Fulham planning committee recently approved a revised masterplan submitted by Stanhope and Mitsui Fudosan for the BBC Television Centre.

In early December, Hyatt Hotels Corporation announced the sale of Hyatt Regency Vancouver and the plans to develop a new Regency-branded hotel in Naha, Japan.