A two-building office complex in a popular district of Atlanta hit the sales market in a listing that may provide a litmus test on whether the office market is rebounding in the city’s larger neighborhoods and commercial districts.
A real estate investment trust sold a 319-unit apartment complex located in a Virginia suburb of Washington, D.C., as the multifamily market of the metropolitan area has possibly entered a slowdown.
Birge & Held Asset Management purchased The Reserve at Williams Glen, a 268-unit multifamily community in Zionsville, Indiana, from Buckingham Management Company for an undisclosed amount.
Zagreb-based investment firm Prosperus Growth Sedam has received approval from the Zagreb Stock Exchange to acquire the remaining 1.1 million shares in Croatian hotel operator Medora Hoteli i Ljetovalista, or Medora Hotels & Resorts.
Winter Storm Fern wreaked havoc on U.S. hotel performance in the week of Jan. 25-31 as revenue per available room fell 4% on declining occupancy (-2.4 percentage points) and unresponsive average daily rate (+0.2%).
Global industrial development giant Prologis will lead work on a £3 billion expansion of a major United Kingdom biomedical hub as part of plans Cambridgeshire County Council says will secure the "long-term evolution of Europe’s foremost" life sciences campus.
Cain International and UK housebuilder Olympian Homes have received Gateway 2 approval for a living development in Haymarket, Bristol, at St James House.
Artificial intelligence has become a macroeconomic force reshaping future expectations around productivity, employment, industrial competitiveness and sovereign priorities in a post-globalisation world. It has also accelerated capex investment on a scale dwarfing all previous investment super-cycles in history.
Close to 900,000 square feet of data centre development valued at £890 million in Slough is being launched as a securitisation transaction. The move comes as Europe's commercial mortgage-backed securitisation market continues to pick up strongly.
Shaftesbury Capital has agreed a deal to lease space to premium French outerwear brand K-Way for its new London flagship at 26-27 Carnaby Street in Soho.
JLL appointed David Kristjanson as global life sciences industry lead within its project and development services group. The brokerage said Kristjanson will advise clients on location, design and related matters in regard to biotech facility projects. JLL said it is increasing services in the property category as the life science industry undergoes its most significant realignment since the original biotech boom of the 1970s and 1980s.
Office vacancies in London’s Western Fringe, where employees rub shoulders with the wealthy residents of Kensington, Chelsea and Notting Hill, are falling amid rising demand for space beyond the West End heartlands and ongoing weak development.
UK power supplier National Grid is looking to sell the final chunk of a former gasworks in Romford being advertised as an industrial or open storage opportunity to developers.
Property firm Ediston has unveiled plans to redevelop Glasgow's Egyptian Halls into a 70-bedroom apartment hotel with a food market after being appointed by the council as the preferred bidder.
