International
RioCan to Acquire Regional Malls in Oakville and Burlington by April
RioCan Real Estate Investment Trust has entered into a conditional agreement with Primaris Retail REIT to acquire two regional shopping malls in the Greater Toronto Area for a combined gross purchase price of approximately $362 million.
TODAY’S DEALS: Steadfast Buys San Antonio-Area Asset for $34.6M
Steadfast Income REIT closes a 288-unit buy; Kislak Company brokers two sales in Pensacola, Fla.; and UC Funding provides a $4 million investment to facilitate a recapitalization in Florida.
Brookfield Multiplex Completes $54M Green Student Housing Community in Sydney
Brookfield Multiplex, an international contracting and development company has announced completing University Terraces, a $54 million green student housing project at the University of New South Wales in Sidney.
Global Hospitality Icon Announces Record-Breaking Growth for the Sheraton Brand
Starwood Hotels & Resorts Worldwide, Inc. has announced plans for the opening of 30 new Sheraton properties across the world over the next 12 months.
Yardi Expands Global Footprint with Office in Dubai, United Arab Emirates
Yardi Systems, a leading developer of software solutions for the real estate investment, asset and property management industry is pleased to announce the opening of a new office in Dubai, United Arab Emirates.
Mumbai Luxury Residential Project Opens Pre-Bid to Overwhelming Response
Lodha Group has recently announced launching the pre-bidding process for two projects within its massive luxury residential development named Codename Blue Moon in South Mumbai’s Worli area.
Mövenpick Hotels & Resorts Celebrates the Opening of its Fifth Property in Dubai
With the launching of the Mövenpick Hotel Apartments The Square on January 20, Mövenpick Hotels & Resorts has become the first international hotel company to operate a property in Dubai’s elegant district of Al Mamzar.
Google Makes a Splash with New HQ Project in London’s Massive King’s Cross Mixed-Use Development
Tech giant Google Inc. is looking to cement its position in the European market, particularly the London business world, after it was recently announced that the company is looking to develop a brand new European HQ.
The Rezidor Hotel Group Announces Signing of Four New Hotel Projects and Opening of Five New Hotels in Q4-2012
The Rezidor Hotel Group has recently announced that the final quarter of 2012 was a successful one, as the Belgium-based group signed four new hotels with over 1,200 rooms and opened five new hotels with 1,100 rooms.
Export-Import Bank Provides Crucial Loan for Hospital Project in Sub-Saharan Africa
The Export-Import Bank of the United States has recently approved a substantial loan that will be used in the development of a Ghanaian hospital.