International
OzProp Selects Yardi Voyager 7S in Australia
Yardi announced today that Australian wholesale real estate investment trust manager OzProp selected Yardi Voyager® as its new property management and accounting platform.
ULI Spring 2014: Smart Moves for Smart Capital
While institutional capital isn’t necessarily known for its flexibility and innovation, an environment of accelerating change in business conditions has some companies adjusting their strategies for securing high yields while minimizing risk.
Places for People Enters Joint Venture with Barratt Homes to Create 2,000 New Homes in Milton Keynes
Places for People, a UK-based property management, development and regeneration company, recently announced it has entered into a new joint venture with Barratt Homes that will create 2,000 new homes at their Brooklands development in Milton Keynes, England.
Innocence Island, Largest Privately Held Island in the Bahamas, Up for Auction
The largest privately owned island in the Bahamas will soon be up for grabs as Concierge Auctions recently announced that the property will be on the block this May.
W. P. Carey Finances Construction of Wartsila’s R&D and Training Complex in the Netherlands
W. P. Carey Inc. has announced an $18.7 million build-to-suit financing transaction on behalf of one of its non-traded REIT affiliates, CPA®:17 – Global (or Corporate Property Associates 17 – Global Incorporated).
495,000 SF Mixed-Use Building Announced in Tokyo’s Famous Ginza District
J. Front Retailing Co. Ltd., Mori Building Co. Ltd., L Real Estate and Sumitomo Corporation recently announced they have entered a mutual agreement to jointly operate a retail facility, which will be part of the largest mixed-use building in Ginza, Tokyo’s most famous upmarket shopping, dining and entertainment district.
MIPIM Special Report: 10 Must-Have Innovative Solutions Discovered at MIPIM 2014
During a session at the MIPIM 2014 Innovation Forum, panelists discussed some of the most exciting, disruptive innovations impacting the real estate industry.
Brookfield Multiplex Develops $160M Residential Project in Melbourne
Brookfield Multiplex has completed the construction of the $161 million The Quays residential project in the NewQuay precinct of the Melbourne Docklands.
Ivanhoé Cambridge Invests in Quebec City Mixed-Use Development
Ivanhoé Cambridge has entered into a partnership to build Projet QB, a mixed-use complex that will feature more than 400 rental units and 200 condominiums in the Cité-Universitaire district of Quebec City.
IMMOFINANZ-Owned BUWOG to Buy 18K-Unit Portfolio in Germany for $1B
BUWOG is giving the German multifamily market a boost by acquiring an 18,000-unit portfolio in Germany and Austria for $1.2 billion.