International

AXA Real Estate and Norwegian Wealth Fund Agree on Biggest German Commercial Real Estate Transaction of 2012

AXA Real Estate Investment Managers, acting on behalf of AXA France Insurance Companies and Norges Bank Investment Management, manager of the Norwegian Government Pension Fund Global have agreed to buy two buildings in Germany for a total of €784 million (around $981 million), from the Royal Bank of Scotland Group Plc.

3.2 Million Square Foot Development Stimulates Seoul’s Hapjeong Neighborhood

Mecenatpolis, a high-concept, transport-oriented mixed-use development has opened its many doors in downtown Seoul according to recent reports regarding the announcement made by the project’s designers.

White City in Tel Aviv Welcomes Landmark Residential High-Rise

In the heart of the White City of Tel Aviv, a 37-story ultra-luxury residential tower is rising above the city skyline.

Special Report: Reporting from Expo Real

As exhibitors settled in at their stands and activated their metaphorical networking switches, Day 2 at Expo Real 2012 International Trade Fair for Commercial Property and Investment, held at München International in Munich, Germany, began.

SPECIAL REPORT: Exchanging News and Views at Expo Real

MHN reports from the Expo Real 2012 International Trade Fair for Commercial Property and Investment, held at Messe München International in Munich, Germany.

Marriott Extended Stay Property Opens Next Door of the Forbidden City in Beijing

Marriott International announced the opening of The Imperial Mansion, Beijing – Marriott Executive Apartments, its fifth extended stay property in China.

Arabtec Construction LLC Signs Contract to Build Europe’s Tallest Office Tower for Gazprom

In the Primorsky district of Saint Petersburg, Russia, the tallest office tower in Europe is set to be built as part of the Lakhta Center, a gigantic 3.5 million-square-foot mixed-use master-planned development.

DoubleTree by Hilton Opens Second Location in Romania

International hotel brand DoubleTree by Hilton has announced the opening of DoubleTree by Hilton Oradea, the second location of the brand in the Eastern-European country of Romania.

Jakarta High-Rise to Become the World’s Fifth Tallest Building

Indonesia will soon welcome the highest skyscraper in Southeast Asia, a $2 billion iconic superstructure that will dramatically transform Jakarta’s skyline.

Central and South America See Hospitality Sector Accelerate Activity, Continue Upward Trend

The Central and South American hospitality market is on the rise.