International

The Fujisawa SST Council recently held a grand opening ceremony for Fujisawa Sustainable Smart Town, an eco-friendly and progressive community located on the outskirts of Tokyo. FSST Council, the developer of the project is a consortium led by Panasonic Corporation.

M&L Hospitality has selected Brookfield Multiplex to expand and renovate the Four Points by Sheraton Sydney, Darling Harbour (Four Points) at 161 Sussex Street Sydney, which is already Australia’s largest lodging facility.

Starwood Capital Group, a global private investment company with $37 billion in assets recently announced it has acquired the 500,000-square-foot Quattro Business Park in Krakow, Poland on behalf of Starwood Distresses Opportunity Fund X.

Hilton Worldwide’s DoubleTree by Hilton brand recently opened its first property in New Zealand.

Green Court Bucharest A will soon change hands. The first building of the approximately 560,000 square-foot office park is currently in Skanska Property Romania’s ownership and will be transferred to Globalworth Real Estate Investments LTD foreseeably in the second quarter of 2015.

Katara Hospitality, a premier Qatar hotel developer and operator has recently unveiled plans for a luxurious, 1000-plus-room Silver Pearl Hotel to be located 1.5 kilometers offshore near Doha.

Lockheed Martin, an American aerospace and defense giant recently announced a partnership with the global waste management company Concord Blue to build a 5-megawatt power generation facility in the town of Herten, Germany.

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.

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.