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UK financial property owners gain more than banking investors

June 29, 2012

Commercial real estate investors who have interests in bank properties in the United Kingdom have experienced better returns than those who have invested in the bank's actual performance, according to a report from CBRE.

Borders disappear in global CRE market

June 29, 2012

With the continued improvements of developing commercial real estate markets, the overall world retail situation has improved markedly, according to a report from Cushman & Wakefield.

Frame of World Trade Center tower reaches completion

June 29, 2012

The first commercial real estate office tower on the former site of the World Trade Center recently had its steel structure completed, as the final steel beam was secured on the top of the tower.

Trumps announce new Filipino tower, expect further developments

June 29, 2012

Commercial real estate developments by the Trump Organization should continue to grow throughout the Philippines after the group announced its newest interest, Trump Tower Manila, according to The Philippine Star.

Euro market issues, American changes damage global CRE market

June 29, 2012

A recent report from the Bank for International Settlements explained that the commercial real estate industry may be significantly affected by the many issues in the European market, as well as reforms for commercial mortgages in the United States.

Indian office space improvements slowed by global economy

June 28, 2012

A report from Jones Lang LaSalle noted that the commercial real estate office sector in India had a stellar year in 2011, but due to multiple issues, the same heights may not be achieved in 2012.

DFL funds new Nissan manufacturing plant in China

June 28, 2012

Dongfeng Motor Company recently announced that it will invest approximately RMB 5 billion (USD $800 million) to create a new Nissan manufacturing plant in Dalian, China.

Host names three new hotel developments

June 28, 2012

Commercial real estate company Host Hotels & Resorts announced that it has finalized plans to develop two hotels in Rio de Janeiro, Brazil, as well as one in Nashville, Tennessee.

Dubai experiences improving CRE purchase market

June 28, 2012

The Dubai Investments Park recently added of two commercial real estate clusters, and the properties were put on the market for foreign investors, according to Gulf News.

Oracle CEO acquires Hawaiian island

June 28, 2012

Larry Ellison, CEO of Oracle Corp., recently purchased 98 percent of the Hawaiian island of Lanai from Castle & Cooke, with the deal being announced by Hawaii Governor Neil Abercrombie.

Citigroup subsidiary purchases Savoy Park for $210M

June 27, 2012

A commercial real estate fund owned by Citigroup and L&M Development Partners purchased the Savoy Park apartment building in New York City.

OPIC creates investment fund to develop African CRE

June 27, 2012

The Overseas Private Investment Corporation, an agency of the U.S. government, recently announced its plans to create a commercial real estate investment fund worth up to $100 million to create multiple developments in sub-Saharan Africa.

Brandywine purchases Maryland office properties for $120.6M

June 27, 2012

Brandywine Realty Trust recently announced it has entered a joint venture to purchase three commercial real estate office properties located in Silver Spring, Maryland.

Brookfield purchases Washington property for $106M

June 27, 2012

A recent announcement from Brookfield Office Properties showed that the company purchased a property in Washington, D.C., for $106 million.

Washington REIT purchases Virginia property for $52.25M

June 27, 2012

Fairgate at Ballston, a commercial real estate office property in Arlington, Virginia, was recently purchased by Washington Real Estate Investment Trust for $52.25 million.

Blackstone, DDR purchase CRE portfolio for $1.4 billion

June 26, 2012

A joint venture between DDR and Blackstone recently purchased a 46-property portfolio for $1.4 billion.

TAG purchases Thai hotel

June 25, 2012

A commercial real estate property in Karon Beach, Phuket, Thailand, was recently purchased for RM276,938,560 (USD $90.2 million) by TA Global Berhad.

Major Japanese CRE purchase nears completion

June 25, 2012

Commercial real estate investment firm MGPA plans to purchase eight office properties in Japan for 12 billion yen (USD $152 million), according to Bloomberg.

Waterway Plaza reacquired by Lionstone

June 25, 2012

The Lionstone Group recently repurchased a Texas commercial real estate property it previously sold in 2005, for an undisclosed amount.

Eurohypo sells American loan portfolio for $760M

June 25, 2012

A commercial real estate subsidiary of Commerzbank AG, Eurohypo AG, recently sold a loan portfolio worth $760 million.

British property values decline again in May

June 22, 2012

A report from IPD UK showed that commercial real estate property values in the United Kingdom declined for the seventh month in a row during May.

Lincoln Property creates new Mesa leases

June 22, 2012

Commercial real estate firm Lincoln Property Company recently announced new leases at Broadway 101 Commerce Park in Mesa, Arizona.

Brookfield purchases London office portfolio

June 21, 2012

A recent announcement by commercial real estate company Brookfield Office Properties revealed that it acquired a portfolio of office buildings in London for £518 million (USD $829 million).

Equity Residential close to Beatrice Tower purchase for $280M

June 21, 2012

Beatrice Tower, a commercial real estate property in Manhattan, is reportedly on the verge of being sold to Equity Residential for $280 million, according to Bloomberg.

Hard Rock Hotel plans announced in Abu Dhabi

June 21, 2012

A major commercial real estate development was announced for Abu Dhabi, as Hard Rock International recently agreed to a deal with Aabar Properties for a five-star hotel in the city.

Oklahoma City CRE market continues improvement, exposure from Thunder

June 21, 2012

Due in part to the continued exposure Oklahoma City has received due to its basketball team's run to the NBA Finals, many people are noticing the city's commercial real estate market and viewing its continued progress in a positive light, according to The Oklahoman.

Chinese economy to reach bottom in Q2

June 20, 2012

The Chinese economy's recovery may pick up later this year, as experts believe it will bottom out by the middle of the year, according to Bloomberg.

Bangalore office market continues progress

June 20, 2012

Jones Lang LaSalle released a report which showed that the Bangalore commercial real estate office market has witnessed a steady improvement in transactions, while overall vacancies have dropped.

Invesco, Penzance receive green light for development

June 20, 2012

A commercial real estate development near Washington, D.C., was recently approved for financing and will be managed by a joint venture with Penzance and Invesco, according to Commercial Property Executive.

Starhill REIT purchases Australian hotel trio

June 19, 2012

Commercial real estate investment trust Starhill announced that it purchased three Australian hotels for $415 million (USD $416 million).

Surbana, MEC announce Chinese residential development

June 19, 2012

A new commercial real estate development in China was recently announced by Surbana Corporation, as the company will partner with Mitsubishi Estate Co to create the residential property.

City of Boston approves office development

June 18, 2012

A planned commercial real estate office property in Boston was recently approved by the city's redevelopment authority, according to the Boston Globe.

Vornado may sell more than $1B in assets

June 18, 2012

Vornado Realty Trust, a major commercial real estate company, could sell a significant amount of its assets during 2012, Reuters reported.

Prologis closes multiple industrial property sales

June 15, 2012

Commercial real estate company Prologis has completed the sales of seven industrial properties for a total of $80 million.

Brookfield developing Toronto tower

June 14, 2012

The Bay Adelaide Centre will be developed by commercial real estate company Brookfield Office Properties, as much of the second tower of the property will be leased by Deloitte.

BioMed announces UK medical office purchase

June 14, 2012

A recent commercial real estate purchase was announced by BioMed Realty Trust, as the firm will acquire a Cambridge, United Kingdom, laboratory and office property for £126.8 million (USD $196.0 million).

Plaza Hotel purchase close to completion

June 13, 2012

Bloomberg recently reported that the famous New York City Plaza Hotel is close to being sold to a consortium consisting of Sahara India Pariwar and Kingdom Holding, which is a co-owner of the property.

Dundee plans more German CRE purchases

June 13, 2012

More significant German commercial real estate purchases will soon be undertaken by Dundee International Real Estate Investment Trust, according to Businessweek.

Hines sells Colorado property

June 12, 2012

A commercial real estate property in Broomfield, Colorado, was recently sold by Hines' Denver office.

Retail demand increasing in Hong Kong

June 12, 2012

A recent report from Jones Lang LaSalle revealed that due to low vacancy rates, more commercial real estate retail space could appear in Hong Kong due to both local and international retailers who want to get involved in the market.

Multifamily market improves in Q1

June 11, 2012

The National Association of Home Builders reported that the market for commercial real estate multifamily properties improved to start 2012.

Setia Haruman developing Malaysian residential properties

June 11, 2012

A series of new commercial real estate developments in Cyberjaya, Malaysia, was recently announced by Setia Haruman, according to The Edge Malaysia.

Fortress Investment Group plans purchase of Japan properties

June 11, 2012

A joint venture between Fortress Investment Group and Nomura Real Estate Holdings will purchase approximately ¥700 billion (USD $9 billion) in commercial real estate properties in Japan, according to Bloomberg.

Parkway finalizes multiple CRE transactions

June 08, 2012

Commercial real estate company Parkway Properties recently announced it closed three major transactions.

Commercial mortgage delinquency rates decline during first quarter

June 07, 2012

The Mortgage Bankers Association released a report which showed that commercial real estate delinquency rates for loans backed by banks declined to start the year.

Waterman Interests sells Manhattan property for $140.5M

June 07, 2012

Commercial real estate investment company Waterman Interests recently sold a property in Manhattan for $140.5 million.

Brookfield purchases Seattle office towers for $210M

June 07, 2012

A recent announcement from Brookfield Office Properties revealed that the commercial real estate firm acquired two office towers located in Seattle for a total of $210M.

Lloyds Australia purchased by Blackstone, Morgan Stanley

June 06, 2012

A joint commercial real estate venture which comprised of Blackstone and Morgan Stanley recently purchased Lloyds Australia, according to Reuters.

Hotel demand to rise through 2013

June 05, 2012

A recent report from Pricewaterhouse Coopers showed that the recovery of revenue per available room in hotels should remain elevated, and show further improvement next year, which shows that commercial real estate recovery has continued.

CBRE purchases Turkish affiliate

June 05, 2012

A recent announcement from CBRE Group revealed that the organization absorbed a commercial real estate affiliate in Turkey.

China set to be largest consumer market by 2015

June 04, 2012

The commercial real estate market in China may continue its rapid growth, as an announcement from Chen Deming, the country's commerce minister, explained that the Asian nation will be the largest consumer market in the world by 2015, according to Xinhua.

European companies may have trouble investing in China

June 04, 2012

A report completed jointly by the European Union Chamber of Commerce in China and Roland Berger Strategy Consultants showed that while the Chinese market is becoming more attractive, there still may be some issues for European businesses regarding investment opportunities.

CRE price recovery stagnates in March

June 04, 2012

Moody's recently noted that due to the current economic problems in Europe, the commercial real estate industry in the U.S. was negatively affected.

CRE brokerages multiply in U.S.

June 04, 2012

More foreign commercial real estate brokerages are expanding throughout the United States, according to Reuters.

New York tower sold by Harbor Group International

June 01, 2012

A commercial real estate property located in New York City was recently sold by Harbor Group International for an unnamed price to a joint venture consisting of HSBC Alternative Investments Limited and Edge Fund Advisors.

Commercial real estate improving on all fronts, says NAR

June 01, 2012

The commercial real estate industry in the United States has experienced notable improvements during the first quarter, according to the National Association of Realtors.