International
$40 Billion Transoceanic Canal Project Resurfaces in Nicaragua
An initiative for the construction of a new canal between the Pacific and the Caribbean is underway after a century of hibernation.
Barwa Real Estate Unveils Plans for $5.5 Billion Mixed-Use Resort in Qatar
Barwa Real Estate has launched a $5.5 billion residential and resort project slated to rise on an artificial island off the coast of Doha.
Oil-Fueled Norwegian Fund Continues Worldwide Shopping Spree with UK Industrial Portfolio Acquisition
LondonMetric Property Plc, a real estate investment trust, has recently completed the sale of its stake in a large distribution portfolio to a joint venture between U.S.-based Prologis’ European branch and Norges Bank Investment Management.
USGBC to Offer Free LEED Certification to Groundbreaking Projects in New Markets
In an effort to accelerate sustainable development around the world, the U.S. Green Building Council (USGBC), creators of the LEED green building program, announced a new campaign offering free LEED certification to the first projects to certify in the 112 countries where LEED has yet to take root.
Brazilian Residential Market to Get Major Boost as Joint Venture Announces 2,400 Affordable Homes
A joint venture created by Paladin Realty Latin America Investors IV and Constructora Altana recently announced a major investment in Brazil’s housing market.
Construction to Begin on Britain’s Most Sustainable Commercial Facility
The University of East Anglia (UEA) in Norwich, England, is about to break ground on the Norwich Research Park Enterprise Centre, an academic and office facility that promises to become the greenest commercial building in the United Kingdom.
Suria KLCC Sdn Bhd selects Yardi Voyager
Yardi Systems, a developer of software solutions for the real estate investment, asset and property management industry, announced that Suria KLCC Sdn Bhd has selected Yardi Voyager™ for their asset and retail property management operations.
Carlson Rezidor Hotel Group Signs Three Hotels in China
Carlson Rezidor Hotel Group continued its expansion in Asia by recently announcing that it has signed three new hotels in China. Currently the group has 33 hotels in operation and under management in China.
Emaar Launches Sale of Dubai Luxury Residences
Global property developer Emaar Properties PJSC has begun the sale of its newest residential project, Burj Vi
Braeburn Estates’ Master Planned 1.45-Million-Square-Foot Shell Centre Redevelopment Approved
The planning application submitted by Braeburn Estates, a joint venture between Canary Wharf Group and Qatari Diar to redevelop the Shell Centre on London’s South Bank, has been approved by the London Borough of Lambeth.