Facebook to build more data centers
Facebook has plans to construct two additional data centers in Prineville, Ore.
Phoenix City approves $1b data center campus
The Phoenix City Council has approved plans for a $1 billion data center campus.
San Francisco commits $50m to Gaw Capital fund
San Francisco City & County Employees' Retirement System has committed $50 million to a fund…
Singapore REIT makes it largest ever acquisition
ESR-REIT has acquired an 80 percent stake in an entity that owns a leasehold interest in a Singapore office building for S$240 million ($178.2 million), marking its largest acquisition to date.
China November FDI up more than 90%
Foreign direction investment (FDI) in China surged to CNY124.92 billion ($18.9 billion) in November, up 90.7 percent on a year-on-year basis, according to the Ministry of Commerce.
Report from Europe: What next for the continent as we enter 2018
Glossary, videos, podcasts, research in the Resource Center
Beacon Capital launches new value-added fund
Beacon Capital Partners has launched its next value-added real estate fund.
Recent commercial real estate transactions
Transactions reported this week included the sale between Iron Mountain and IO Data Centers.
Wynn Resorts pays $336m for 38 acres in Las Vegas
Wynn Resorts has reached an agreement to purchase approximately 38 acres of land on the…
Gaw Capital sells Shanghai tower for $402m
Gaw Capital Partners has agreed to sell the Cross Tower, a 24-story commercial building in Shanghai, to World Union Investment Management, according to Mingtiandi.
European logistics set to benefit from China’s One Belt, One Road initiative
China’s One Belt, One Road (OBOR) initiative will help forge geographic connections and create potential demand for new logistics hubs in Europe, according to Savills.