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An affiliate of Qatar Investment Authority (QIA) has paid $622 million for a 9.9% interest in Empire State Realty Trust, Inc. (NYSE: ESRT), owner of the 102-story Empire State Building. The minority stake acquired by QIA in Empire State Realty, which became a publicly traded REIT in October 2013, is part of a plan announced last year by the Qatari...
Jones Lang LaSalle's (JLL) Colin Dyer announced he will retire and step down next month after 12 years as the firm's chief executive officer. He will be succeeded by Christian Ulbrich, whom JLL had signalled...
In its latest move to increase shareholder value, Forest City Realty Trust, Inc. (NYSE: FCE.A) will review strategic alternatives that could include the sale of its interest in up to 14 regional malls...
It's time to update those contact managers with CoStar's People of Note , reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: New York City...
Multinational semiconductor maker Advanced Micro Devices (AMD) plans to relocate its headquarters to Irvine Co.’s fast-growing Santa Clara Square mixed-use development, marking the chipmaker’s departure...
Norway’s Government Pension Fund Global, which took a hit to returns last year from falling oil prices, posted modest returns again in its second quarter but saw a new culprit: Brexit. After a period...


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