International
Select Property Announces Sale of Most Residences at West Avenue in Dubai Marina
Just five months after launching the project, Select Property has sold over 90 percent of the units at West Avenue, the first new residential tower in Dubai Marina since 2008.
India’s First Ascott-Branded Serviced Residence Announced
Ireo, India’s first and largest private equity fund dedicated to the Indian real estate market, recently announced it has entered into management agreements with serviced residence provider, The Ascott Limited, for India’s first Ascott-branded serviced residence in the master-planned Ireo City community in Gurgaon.
Historic Parisian Hotel Reopens as Starwood Hotels Continues to Unveil Restored Properties in Luxury Collection Brand
A massive renovation of one of the city’s most intriguing hospitality properties was recently re-opened.
Miami Still King to International Homebuyers
Although foreign buyers seem to be slightly less interested in Miami properties compared to the year before, Miami retains its spot as the most sought-after destination by international home buyers.
Chinese Conglomerate Acquires Part of One Nine Elms Redevelopment Project
A major component of London’s One Nine Elms redevelopment project recently traded hands when original developer, Green Property, sold its development site to a Chinese conglomerate for a reported $140 million.
Brookfield Multiplex Set to Develop 366KSF Office Tower in Perth
Leading global contractor Brookfield Multiplex has announced it has been awarded the design and construction contract for Brookfield Place Tower 2, which is being developed by client and sister company Brookfield Office Properties.
Ascott Secures Contract to Manage 150-Unit Somerset Alabang Manila Serviced Residence
The Ascott Limited, CapitaLand’s wholly owned serviced residence business unit, has recently announced it has increased its presence in the Philippines by securing a contract to manage a serviced residence in Alabang, a major business district in Metro Manila.
Oxford Properties Group Launches LEED Platinum Office High-Rise in Downtown Toronto
Oxford Properties Group has unveiled plans to develop the new 40-story Ernst & Young Tower in the heart of downtown Toronto.
£1.5B Deal Will Transform Old London Docks into Innovation Hub
London Mayor Boris Johnson has announced the newest initiative in the grand redevelopment of the London’s Royal Docks: the £1.5 billion (circa $2 billion) project dubbed Silvertown Quays, which represents the second phase of the redevelopment of the Silvertown area.
World’s Tallest Twisted Tower Unveiled in Dubai
Cayan Investment and Development has recently inaugurated the world’s tallest twisted building: Cayan Tower.