Transactions | Feb 14, 2019 Akelius plans to sell 2,800 apartments in Germany by Andrea Zander The Swedish residential real estate group Akelius has plans to sell 2,800 apartments in Düsseldorf, Cologne and Frankfurt, Germany.
Research | Feb 14, 2019 IHG expands luxury experience-related hotel, emerging shift in sector by Andrea Zander InterContinental Hotels Group (IHG) has acquired Six Senses Hotels Resorts Spas, a global operator of luxury hotels, resorts and spas, for €265 million ($300 million) in cash. IHG’s luxury brand hotel portfolio totals 300 luxury hotels around the world, with more than 100 set to open in the coming years. Within travel and tourism, the shift to experiences has increased.
Transactions | Feb 14, 2019 Google to invest $13b in expansion plans by Andrea Zander Google has plans to invest $13 billion across U.S. data centers and offices in 2019.
People | Feb 14, 2019 La Française Real Estate Partners strengthens team by Andrea Zander La Française Real Estate Partners has hired Jean-Christophe Caron-Telders as senior investment manager.
Research | Feb 13, 2019 JLL projects global hotel investments to reach $67.2b this year by Andrea Zander Global hotel investment volume is expected to remain stable in 2019, reaching $67.2 billion, according to JLL's 2019 Hotel Investment Outlook.
Investors | Feb 13, 2019 Colony Capital to explore reorganization by Released Colony Capital announced a series of changes designed to enhance its corporate governance.
Transactions | Feb 13, 2019 Related Cos. JV breaks ground on $1b L.A. mixed-use project by Andrea Zander Construction on The Grand, a $1 billion mixed-use project developed by Related Cos. and CORE USA, has begun.
People | Feb 13, 2019 CBRE makes new hires for Asia platform by Andrea Zander Pauline Goh has joined CBRE as the Southeast Asia chairman.
Fundraising | Feb 13, 2019 Oak Street raises $600m for net-lease property fund by Jody Barhanovich Oak Street Real Estate Capital has raised a total of $600 million for its net-lease property fund.
People | Feb 13, 2019 AmCap hires Stephen Chase by Released AmCap has hired Stephen Chase as managing director of investor relations, to lead the firm’s investor relations effort.
Transactions | Feb 13, 2019 IDS Real Estate Group and Lionstone Investments buy office buildings in San Diego by Released A partnership between IDS Real Estate Group and Lionstone Investments has acquired four class A office buildings totaling 181,200 square feet within the Liberty Station mixed-use development in San Diego for $76.8 million.
Fundraising | Feb 13, 2019 PATRIZIA completes €250m second close of seventh TransEuropean fund by Jody Barhanovich PATRIZIA Immobilien AG, the global partner for pan-European real estate investment, has held a €250 million ($282 million) second close .
Fundraising | Feb 13, 2019 NRP Group holds $180m final close for Nordics fund by Jody Barhanovich NRP, an independent and privately-owned investment services and fund management group headquartered in Oslo, Norway, has held a final close .
Transactions | Feb 13, 2019 Signa sells Berlin office for €335m by Andrea Zander Signa has sold the “Up!” near Berlin’s Ostbahnhof for €335 million ($378 million), according to media outlet Thomas Daily.
People | Feb 13, 2019 Hotel operator hires first CEO in 10+ years amid expansion plans by Andrea Zander Amsterdam-based Cycas Hospitality has hired Matt Luscombe as the company’s first CEO since its founding in 2008 by Eduard Elias and John Wagner.
Transactions | Feb 13, 2019 Newly developed Ireland office on the market for €155m by Andrea Zander The newly developed The Reflector, located on the Grand Canal Dock in Dublin, Ireland, has been placed on the market with a €155 million ($175 million) price tag.
Transactions | Feb 13, 2019 Swiss Life to acquire €1.7b office portfolio in Paris by Andrea Zander Swiss Life Asset Managers is set to acquire a Paris CBD prime office portfolio from Terreis.
Transactions | Feb 13, 2019 Barings enters Swedish residential market with €128m deal by Released Barings Real Estate has acquired six high-quality residential buildings in Stockholm, Sweden, through a forward commitment.
Research | Feb 13, 2019 Moody’s launches CRE data network as potential competitor to CoStar by Andrea Zander Moody’s Analytics, a subsidiary of financial services giant Moody’s Corp., has launched its own commercial real estate data platform, Real Estate Information Services (REIS) Network.
Investors | Feb 12, 2019 The Be Thoughtful Movement charity is big winner at VIP Americas event by Jody Barhanovich Institutional Real Estate, Inc. hosted its annual Visions, Insights & Perspectives (VIP) Americas conference on Jan. 22–24 at the Park Hyatt Aviara resort in Carlsbad, Calif.