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Sahara Group acquires majority of Plaza Hotel for $570M

July 31, 2012

Most of New York City's Plaza Hotel was recently purchased by the Sahara Group for $570 million, as the Indian commercial real estate firm now holds a controlling stake in the landmark property.

CapitaMalls closes Tokyo mall purchase

July 31, 2012

The Olinas Mall in Tokyo was acquired by CapitalMalls Asia for ¥22.8 billion (USD $291.6 million) from commercial real estate investment fund Tiger Eye Realty Yugen Kaisha.

ARC Healthcare purchases portfolio for $63 million

July 31, 2012

American Realty Capital Healthcare Trust recently purchased a medical commercial real estate office portfolio located in Wisconsin for $63 million.

Skyscrapers popular among Chinese CRE developers

July 31, 2012

Residential real estate developers have been forced to dip into China's commercial real estate industry due to government stances that make other construction more difficult, according to Caixin Online.

Brookfield announces lease for Georgetown University

July 30, 2012

A commercial real estate property owned by Brookfield Office Properties was recently partially leased to Georgetown University.

American CRE market stable

July 30, 2012

The commercial real estate situation in the United States is heading in a positive direction, according to Barry Sternlicht, chairman and CEO of Starwood Capital Group.

GE announces funding of Blackstone CRE purchase

July 30, 2012

GE Capital Real Estate will fund a commercial real estate purchase of close to 130 properties for affiliates of Blackstone Real Estate Partners VII.

REIT gains leads commercial real estate boom

July 30, 2012

Commercial real estate investment has increased significantly since the end of the recession, and led by real estate investment funds, it has boomed during the first half of the year, according to a report from Morningstar.

Chinese economic confidence, investment trends down

July 30, 2012

The Association of Chartered Certified Accountants recently released a report which showed that as the global economic situation has slowed, confidence in the Chinese economic market has declined.

SL Green sells half its shares for prime Manhattan real estate

July 27, 2012

A premier piece of commercial real estate on Fifth Avenue in Manhattan has been partially sold to a notable investor that allowed the original stakeholder to still maintain considerable control.

Canadian commercial real estate market flourishing due to substantial investment

July 26, 2012

Commercial real estate investment across Canada continues to grow, a BMO Economics report notes, in part due to the high number of investors seeking out income-generating assets.

Legacies, expensive land prime reasons for rise in Jakarta skyscraper development

July 25, 2012

Jakarta will see a considerable spike in construction of new skyscrapers during the next few years, according to the Jakarta Post, which reports development of these commercial real estate properties will likely double by 2015.

Development starts for residential tower in San Francisco

July 24, 2012

A joint commercial real estate development project between Principal Real Estate Investors and Urban Pacific Investors recently began in San Francisco.

CRE buyers prefer London, Paris over New York City

July 24, 2012

A Jones Lang LaSalle report showed that London was the number one destination for those who purchased commercial real estate during the second quarter, ahead of both Paris and New York.

U.S. government completes WTC lease

July 24, 2012

The U.S. General Services Administration announced that it has entered into a lease for space at One World Trade Center.

CRE investment improves worldwide

July 24, 2012

A report from Jones Lang LaSalle showed that global commercial real estate investment increased during the second quarter.

CRE construction, demand varies around U.S.

July 24, 2012

The U.S. commercial real estate market has sent mixed signals recently, despite cautious optimism about recovery progress present, according to the U.S. Federal Reserve's Beige Book.

CRE office market improves, some sectors stronger than others

July 23, 2012

Jones Lang LaSalle released a report which showed that the commercial real estate office recovery experienced gains during the second quarter, but there are still some drawbacks.

CBRE names Hong Kong most expensive office market

July 23, 2012

A report from CBRE explained that the Central Business District in Hong Kong is the most expensive commercial real estate office market in the world.

Qinhai set for large financial investment

July 23, 2012

Commercial real estate investment in the Qianhai section of Hong Kong will increase significantly in the coming months, as dozens of Fortune 500 companies plan to spend as much as 300 billion yuan (USD $47 billion), according to The Standard.

High-end Canadian retail space sells on the cheap

July 23, 2012

The highest level of commercial real estate retail property space in Canada has leased at rather affordable prices, according to a report from Colliers International.

Hotels in Europe show solid returns in 2011

July 23, 2012

IPD released a report which shows that not all of the commercial real estate industry struggled in Europe last year, as hotels experienced some capital stabilization.

Property values drop in U.K.

July 20, 2012

The commercial real estate situation in the United Kingdom took a hit during the first half of the year, as property values declined by 2 percent, according to a report from IPD UK.

Kennedy Wilson acquires $56M office property

July 20, 2012

A commercial real estate office property in Anaheim, California, was recently purchased by Kennedy Wilson for approximately $56 million.

Brennan purchases large industrial portfolio

July 19, 2012

Brennan Investment Group procured a sizable portfolio of industrial commercial real estate properties for approximately $155 million.

Madrid plans large CRE sale

July 19, 2012

The Madrid government recently announced plans to offload 100 commercial real estate office properties to help fund vital services in the city, according to Bloomberg.

Cadillac Fairview announces Montreal office development

July 19, 2012

Commercial real estate company Cadillac Fairview released plans for a 26-story office property in Montreal after Deloitte signed a lease to occupy the building.

Indian mall owners cut rentals for market boost

July 18, 2012

The Indian commercial real estate retail market experienced slow growth in recent months, especially when looking at malls.

Blackstone plans sales for some office properties

July 18, 2012

Commercial real estate firm Blackstone Group LP may offload many properties that were acquired from a sizable office portfolio transaction in 2007.

Investment group purchases New York property for $140M

July 18, 2012

A commercial real estate property in the Silicon Alley area of Manhattan was recently purchased by an investment group for $140 million, according to GlobeSt.com.

Hong Kong Central experiences office rent decline

July 17, 2012

The commercial real estate office situation in Hong Kong's Central district soured during the first half of 2012, according to a report from Jones Lang LaSalle.

Eurozone CRE investment drops with economic struggles

July 17, 2012

A report from CBRE found that the amount of commercial real estate investment in Europe declined by 60 percent during the first half of the year when compared with the same period in 2011.

CRE cash investment increases worldwide

July 16, 2012

The second quarter experienced improved commercial real estate investment throughout much of the world despite economic struggles in many areas, according to a report from Jones Lang LaSalle.

Manhattan section experiences impressive Q2

July 13, 2012

The Midtown South Market of Manhattan had an increase in asking rents during the second quarter, which was the only section of the borough to do this, Cushman & Wakefield explained.

Retail market situation shows improvement

July 12, 2012

A report from Reis explained that the commercial real estate retail market has taken to recovery well, as the second quarter continued to show strong growth.

DiamondRock purchases hotel portfolio for $495M

July 12, 2012

Commercial real estate company DiamondRock recently announced it purchased a four-hotel portfolio from Blackstone Real Estate Partners VI for $495 million.

CapitaLand plans Singapore CRE acquisition

July 12, 2012

A recent announcement from CapitaLand outlined the commercial real estate company's planned purchase for Somerset Grand Cainhill for S$359 million (USD $283 million).

Housing availability drops in urban India

July 12, 2012

The lack of homes in India's urban areas has become a significant worry for the country, as the total shortage has eclipsed 24 million units for a required 66.3 million households, according to a report from Jones Lang LaSalle India.

CPPIB announces Sydney office development for C$2 billion

July 11, 2012

The Canada Pension Plan Investment Board explained that it will create a commercial real estate office tower development through a joint venture with Lend Lease Corporation and the Australian Prime Property Fund for C$2.08 billion (USD $2 billion).

CRE tower opens in Guangzhou

July 11, 2012

The Leatop Plaza recently was completed in the Zhujiang New Town, and will be one of the newest Class-A commercial real estate office properties in South China.

Kennedy Wilson joins European financial partnership

July 10, 2012

Commercial real estate investment firm Kennedy Wilson recently announced its plans to join a partnership with an unnamed European financial institution to acquire a series of struggling and non-struggling commercial mortgages.

Global markets look for growth improvements as China drops rates

July 10, 2012

The Chinese central bank recently lowered interest rates again, as it attempted to help stimulate economic growth, and many other areas have attempted similar tactics, according to TodayOnline.

Vornado acquires NYC retail property

July 09, 2012

Vornado Realty Trust recently purchased a commercial real estate retail property located at 666 Fifth Avenue in New York City for approximately $707 million.

Tallest building in Europe opens despite wide criticism

July 09, 2012

The tallest skyscraper in Europe opened recently, and the expensive London commercial real estate development has many detractors, according to NBC News.

Ivanhoe Cambridge announces retail investment

July 09, 2012

An announcement from commercial real estate company Ivanhoe Cambridge revealed it will invest $178 million into a shopping center located in Niagara-on-the-Lake, Ontario.

Kansas City landmark for sale, differing plans on the table

July 06, 2012

A major commercial real estate landmark was recently put up for sale in Kansas City, and the many suitors would like to convert it from an office building to another option, according to The New York Times.

Office transactions lead way in Shanghai market

July 06, 2012

A report from DTZ showed that commercial real estate office transactions in Shanghai increased significantly during the first half of the year.

U.S. CRE office space recovery improves

July 05, 2012

The commercial real estate office market experienced a vacancy improvement for the seventh consecutive quarter, which shows that the market is continuing its recovery, according to Cassidy Turley.

Construction begins on Indonesia's first green office tower

July 05, 2012

The first green commercial real estate office tower recently broke ground in Jakarta, according to Property Report.

U.S. office market experiences slow growth

July 05, 2012

Reis unveiled its latest report which showed that the commercial real estate office market in the United States has slowed in recent months, despite recovery still underway.

Velocis acquires large medical office property in Texas

July 03, 2012

Commercial real estate investment fund Velocis recently closed the purchase of Magnolia Medical Tower for an undisclosed amount.

Rambleside sells The Brewster for $98M

July 03, 2012

A commercial real estate apartment building in New York City was recently sold by Rambleside Holdings for $98 million.

Tradewinds plans Malaysian hotel demolition, new development

July 02, 2012

The Crowne Plaza Mutiara Hotel and Kompleks Antarabangsa were recently announced for demolition, and a new commercial real estate project will be put in its place, according to the Business Times.