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Commercial market in Sweden continuing to grow

August 31, 2011

Experts say demand for commercial properties in Sweden continues to be relatively strong, although the residential market remains slightly more uncertain.

CBRE: Australia top Asia Pacific investment market

August 31, 2011

While the commercial real estate market in Asia dealt with the impact of the tsunami which struck Japan in March, CB Richard Ellis says Australia emerged as the leader in commercial real estate investment during the second quarter of the year.

New office tower slated for Vancouver

August 30, 2011

The British Columbia Investment Management Corporation has announced plans for the construction of 745 Thurlow, a new AAA office tower to be built in downtown Vancouver.

Times Square retail property sells for more than $136M

August 29, 2011

Jones Lang LaSalle's New York Capital Markets team has announced the sale of 1552 Broadway for the Riese Organization, a retail property in Times Square, for $136,550,000.

Lionstone Group purchases $88M NC technology park

August 26, 2011

Repots say The Lionstone Group, along with the Teachers Retirement System of Texas, has purchased Keystone Technology Park in Durham, North Carolina.

Hartford trophy complex up for sale

August 26, 2011

Recent reports say Blue Back Square, a high-end office and retail complex located in West Hartford, Connecticut, is being put up for sale as part of Ronus Properties' liquidation of its U.S. real estate assets.

NAR: Economic slowdown impacting U.S. markets

August 25, 2011

The National Association of Realtors says the recent slowdown in economic and job growth in the U.S. has forced the group to reduce some growth estimates, although it still expects to see some improvements this year.

Hersha sells hotel portfolio for $155M

August 24, 2011

Hersha Hospitality Trust recently announced it has agreed to sell 18 of its hotel properties to an affiliate of Starwood Capital Group for roughly $155 million.

$230M financing deal reached for Boston complex

August 24, 2011

HFF recently announced it had arranged for $230 million in financing to acquire the Landmark Center in Boston.

Report: Continued CRE opportunities in Latin America

August 23, 2011

As the global economic situation remains somewhat unsettled, a new report says that many areas in Latin America offer strong growth opportunities in commercial real estate.

U.S. CRE prices gained in June

August 23, 2011

Investors in commercial real estate began looking past trophy properties in many major U.S. cities during the month of June, which helped prices to firm up along the bottom and lead to an overall price gain.

Apartment buildings becoming popular CRE investment

August 19, 2011

As many Americans are opting to rent, rather than purchase a home, apartment buildings are becoming increasingly popular and profitable.

CRE recovery gaining strength

August 18, 2011

Deloitte & Touche's "Commercial Real Estate Outlook: Top Five Issues in 2011" report, found that alternative financing sources and loan restructuring are helping to fuel the industry's growth recovery.

$1B CRE resort project being built in Beijing

August 18, 2011

The four-season, $1 billion Beijing Secret Garden project is currently being developed by an international team of planning and construction experts.

HFF to conduct $118 million refinance for Century Center I and II

August 17, 2011

HFF, working on behalf of Lowe Enterprises, has announced the $118 million refinancing of Century Center I and II, located in Crystal City, Virginia.

CRE investment in Asia Pacific market expected to hit $100B

August 16, 2011

As the U.S. and international stock markets continue to remain in turmoil, many investors have turned their attention to the commercial real estate market in the Asia Pacific.

Capital One to take over eight HSBC offices after major purchase

August 15, 2011

Capital One, which purchased ING Direct USA for $9 billion in stock and cash in June, has moved to acquire the operations and eight offices of HSBC, reports Delaware Online.

Despite commercial real estate rental growth, profits drop for Swire Pacific

August 15, 2011

The earnings of Cathay Pacific Airways Ltd., the biggest airline in Hong Kong, have declined over the past six months, Bloomberg reports.

CRE may be safer investment option than stock market

August 15, 2011

As the country continues to reel following the reduction of its sovereign credit rating by the Standard and Poor's rating agency, the U.S. stock market has become increasingly volatile over recent weeks.

Mild drop in profits for Walker & Dunlop in Q2

August 15, 2011

Multifamily lender Walker & Dunlop reported a slight drop in profits during the second quarter as it reported $1.3 billion in originations - its highest quarterly number ever.

Chinese investors bolstering New York City CRE market

August 15, 2011

New York City is seeing a boom in Chinese investment in commercial real estate, as Chinese banks have invested over $1 billion into real estate loans in the city, according to The New York Times.

Expansion project in South African office and shopping complex kicks off

August 15, 2011

A new environmentally-friendly extension is being made to Sandton City in South Africa, SA Commercial Prop News reports.

New CA offices for Google to house 2,900 workers

August 15, 2011

Google has announced lease of new offices in Sunnyvale, in Silicon Valley.

CRE in the Big Apple may take down Vegas

August 15, 2011

As commercial real estate investors had been expanding into non-traditional cities such as Dallas and Minneapolis, some experts believe that the shift will be refocused on prime cities in coming months.

Real estate companies are reacting to changes in CMBS market

August 11, 2011

The market for commercial-mortgage-backed securities, which has been showing significant changes, has been shaping the behavior of real estate companies in the U.S., according to to the Wall Street Journal.

Wells Fargo purchases commercial real estate portfolio from Bank of Ireland

August 11, 2011

The Bank of Ireland, which has been experiencing financial difficulties, has successfully sold its U.S. commercial real-estate loan portfolio at near face value to Wells Fargo, according to the Wall Street Journal.

Merger between Ares Management and Wrightwood Capital announced

August 11, 2011

Wrightwood Capital, a debt capital provider that services the U.S. commercial real estate market, has been acquired by Ares Management.

Marriott to develop tallest hotel in New York City

August 11, 2011

In a joint effort between Marriott International and Granite Broadway Development construction will soon begin on the Courtyard and Residence Inn Manhattan/Central Park in the heart of New York City.

New Zealand Rotorua hotels sell for $43 million

August 10, 2011

In what is being heralded as the country's largest commercial real estate sale of the year, two Rotorua hotels in New Zealand have been sold for $43 million.

MIG Real Estate buys $62 million worth of Las Vegas property

August 10, 2011

Newport Beach, California-based investment firm MIG Real Estate, has recently purchased four office complexes and a shopping center in Southern Nevada.

Manhattan apartment tower sold for $325 million

August 10, 2011

The Moinian Group and UDR Inc., the third-largest publicy traded U.S. apartment space owner, have agreed on a sale of Dwell95, an apartment tower in downtown Manhattan, for $325 million.

Starbucks sells two Seattle buildings in $125 million deal

August 10, 2011

Two major office buildings in Seattle have been purchased in a $125 million commercial real estate deal.

Pramerica purchases stake in A$230 million Australian building

August 09, 2011

In a deal that is being heralded by both involved parties, Investa Property Group has agreed to terms with Prudential Financial Incorporated's real estate investment unit to sell a half stake in a North Sydney building, valued at A$230 million.

Taiwan CRE sales expected to top NT$104.9B

August 09, 2011

In 2007, Savills reports Taiwan's commercial real estate market sales peaked at NT$119 billion and dropped significantly over the course of the next two years, falling to NT$52.2 billion and NT$98 billion, respectively.

Americas receive $650 million in equity commitments from Korea's NPS

August 09, 2011

As the commercial real estate market continues to slowly recover in the Americas, Asian-based investors see this as an opportune time to purchase properties.

REIT to sell off $350M portfolio

August 09, 2011

Under a new agreement, Washington Real Estate Investment Trust (WRIT) will be selling its commercial real estate portfolio and two office assets covering nearly 3.1 million square feet.

Olympic village takes over east London

August 08, 2011

With less than a year to go until the 2012 Summer Olympics get underway, the construction around the Olympic Village is bustling and beginning to finish final stages of development.

Hong Kong Monetary Authority set to buy $500 million worth of European property

August 08, 2011

According to recent reports, the Hong Kong Monetary Authority is planning to buy $500 million worth of commercial real estate property in London and Paris.

U.S. credit rating downgrade may have effect on commercial real estate

August 08, 2011

Following the United States' near credit default, the Standard & Poor lowered the country's credit rating from AAA to AA+ for the first time ever.

Blackstone spends $81.5M on two office buildings in Massachusetts

August 08, 2011

Blackstone, an investment and advisory firm, recently purchased two office buildings in West Cambridge, Massachusetts that will be managed by Equity Office.

RBS' troubled commercial real estate loans up by 15 percent

August 08, 2011

The Royal Bank of Scotland's volume of troubled commercial property loans jumped almost 15 percent as it continues to lower its sector exposure.

U.S. commercial real estate market continues steady growth

August 08, 2011

A new report from Colliers International found that the U.S. commercial real estate market had improvements in total net absorption and vacancy rates during the second quarter.

Real estate executives remain conflicted over future of commercial property market

August 05, 2011

Prospects for continued recovery in the commercial real estate market in the U.S. continue to be depressed by macroeconomic issues, according to a survey by The Real Estate Roundtable.

New Tower in Saudi Arabia to be the tallest in the world

August 05, 2011

A new development in Saudi Arabia is expected to contain the world's tallest tower.

London's high-end commercial real estate market is thriving

August 05, 2011

Both the high-end commercial residential real estate markets in London are prospering as a survey has found that residential property prices in the city are back to their peak amounts from before the recession, the Wall Street Journal reports.

GLL Real Estate buys New York office building for $96.5 million

August 05, 2011

The 135,000-square-foot office building at 4 Columbus Circle in New York City was recently purchased for $96.5 million by a German investment firm.

Canadian Pension Plan invests more than $300 million in U.S. market

August 04, 2011

The Canadian Pension Plan is becoming one of the latest foreign investors to get involved in the U.S. commercial real estate market.

Commercial real estate shows signs of growth in second quarter

August 03, 2011

While economic uncertainty remains a factor in the global economy, worldwide commercial real estate sales continued their growth during the second quarter of 2011.

Major San Francisco office plaza acquired by Manulife

August 03, 2011

The 441,000 square-foot Hawthorne Plaza in downtown San Francisco has been purchased by Manulife Real Estate, a subsection of Manulife Financial Corporation.

Commercial real estate may be sound investment

August 02, 2011

While the economic recovery seemed to be taking shape in the early part of the year, recent global events have stunted that growth.

Moscow gaining new investors in its commercial real estate market

August 02, 2011

A growing number of foreign investors have begun to pour their money into Moscow's commercial real estate market. Office sales to foreign buyers valued at $250 million and $270 million were expected to close in June.

Commercial real estate in Asia predicted to do well in second half of 2011

August 02, 2011

Commercial real estate properties in Asia will do well in the last six months of 2011, Pacific Star Group, a premier real estate investment house, has announced.

New development Vietnam breaks ground

August 02, 2011

Last week, PHILand Ranch, a company focused on developing commercial real estate along with residential and master-planned communities in Southeast Asia and Vietnam, started work on the Pointe91 luxury resort on Bien Rang Beach in Vietnam.

Hong Kong mall sold for US$2.9 billion

August 01, 2011

Mapletree Investments has announced it is set to purchase the Festival Walk mall in Hong Kong for HK$18.8 billion, or roughly US$2.9 billion.