International
South East Regional Hospital in Australia Tops Out
The new $187 million hospital in the Bega Valley Shire has topped out recently. Site work commenced earlier this year. Brookfield Multiplex is in charge of construction; the contractor was called upon to carry out the project this year in February.
Karlin Real Estate Acquires Retail Portfolio in Spain and Portugal from Redevco
In an all cash transaction, Los Angeles-based Karlin Real Estate has acquired a portfolio of more than 247,000 square feet (23,810 square meters) of retail properties located in Spain and Portugal from developer-investor Redevco, which has its roots in the Dutch C&A fashion retail chain.
Hines Launches $250 Million Hines India Residential Program Set to Focus on Multifamily Projects in Major Urban Areas
International real estate firm Hines recently announced the launch of its Hines India Residential initiative.
AXA Real Estate Acquires Mixed-Use Office Asset in Central Tokyo
AXA Real Estate Investment Managers has recently announced the acquisition of the Nishi Shinjuku KF Building in central Tokyo.
Wyndham Hotels and Resorts to Open First Upscale Hotel in Kenya in 2017
New Jersey-based Wyndham Hotels and Resorts, a subsidiary of Wyndham Worldwide recently announced the signing of a management agreement for its first upscale hospitality property in Africa—the Wyndham Amboseli Golf Resort and Spa, slated to open in 2017.
Marriott International and Hotecapsa Working on Guayaquil Hotel for 2016
Ecuador’s largest and most populous city is set to see a brand new Marriott-operated hotel developed during the following years, the hospitality company recently announced.
AMP Capital and Billbergia Sell Landmark Site in Brisbane, Build Region’s Tallest Apartment Tower
AMP Capital Select Property Portfolio No.3 (SPP3) and Billbergia have agreed to sell part of the former Vision tower site in Brisbane’s CBD to local businessman Sam Chong, owner of Felicity Hotel Group, who plans to develop a 5-star hotel on the property.
Perkins+Will to Design Largest Hospital in Ghana
Award-winning design firm Perkins+Will recently announced it will handle the design of the largest hospital in the Republic of Ghana.
Tanger Outlets Opens New Store in Ottawa on October 17
Tanger Factory Outlet Centers Inc. and RioCan Real Estate Investment Trust have recently announced the grand opening of their newest facility in Canada, Tanger Outlets Ottawa.
Infosys, Skanska Sign Record-Breaking Office Lease Deal in Poland
Infosys BPO Poland has signed a 10-year lease agreement with Skanska Property Poland to occupy an area of more than 226,000 square feet (21,000 square meters) of office space in the Infosys Green Horizon office complex in Lodz.