International

Brookfield’s Canadian REIT Acquires Bay Adelaide Centre East in Downtown Toronto

Brookfield Canada Office Properties has announced the acquisition of the Bay Adelaide Centre East office tower in downtown Toronto from its parent company, Brookfield Office Properties Inc.

Tilal Development Company Announces $130M Expansion of Muscat Grand Mall

Tilal Development Company, the Sultanate’s leading real estate company, recently announced plans for a massive expansion of Muscat Grand Mall.

$708M Investment Bring British Land Majority of Paddington Central

European real estate investment trust British Land has announced investing approximately $708 million (£470 million) to buy into Paddington Central, an office-anchored 1.2 million square-foot mixed-use development in London’s West End.

Starwood Hotels & Resorts Expands Turkish Portfolio with Addition of Two New Properties in Bursa

Starwood Hotels & Resorts Worldwide Inc. has recently announced the expansion of their presence in Turkey with the opening of two new properties: Sheraton Bursa Hotel and Aloft Bursa Hotel.

Firm Capital Property Trust Acquires Stake in Montreal Industrial Portfolio

Firm Capital Property Trust recently announced that it is in contract for the purchase of a 50 percent participation in a portfolio deal.

Hines CalPERS Russia Long Term Hold Fund Acquires Stake in Moscow’s Metropolis Mall

A real estate fund managed by Morgan Stanley Real Estate Investing (MSREI) has announced the sale of a stake in the Metropolis Shopping and Entertainment Mall in Moscow to the Hines CalPERS Russia Long Term Hold Fund (HCRLTH).

Kennedy Wilson Acquires Premier Residential Property in Dublin

International real estate investment and services firm Kennedy Wilson has purchased a 50 percent interest in a premier 420-unit multifamily asset located on the south bank of the River Liffey in Dublin.

NCC Lands $61M Stockholm Royal College of Music Contract

Leading construction and property development company NCC has announced receiving the circa $61.62 million (SEK413 million) contract to build the new Royal College of Music in Stockholm, a project worth $119.38 million (SEK800).

Fortress Real Capital Closes Deal to Fund Mixed-Use Development on 1.68-Acre Burlington Waterfront Land

Mady’s latest mixed-use development project, sitting on 1.68 acres of prime waterfront land on the shores of Burlington, has landed a financing agreement.

As Google Unveils New London HQ, King’s Cross Redevelopment Program Flourishes

Tech giant Google has marked the real estate market during the past years with high-profile leases and property acquisitions in cities such as New York, London and Dublin, always putting its creative, alternative stamp on the office space it took over.