Google announces $9.5bn investment for new offices, data centers in US
Google on Wednesday said it plans to invest approximately $9.5 billion in its US offices and data centers in 2022.
The company expects to create...
Hines launches multifamily property management firm
Hines has launched Willowick Residential, a multifamily property management firm.
Named after founder Gerald D. Hines’ first multifamily residential building-The Willowick- in Houston’s River...
Class A office tower in Boca Raton, Florida sells for $99.5m
A joint venture between CP Group and Siguler Guff has sold One Town Center, a 10-story Class A office tower in Boca Raton, Florida...
Lendlease signs $15bn deal to develop Google’s Bay Area projects
Lendlease, a global property and infrastructure group, headquartered in Sydney and listed on the Australian Securities Exchange, has signed a deal worth US$15 billion...
KKR acquires Class A multifamily complex in Dallas, Texas
KKR and Kairoi Residential have acquired Novē at Knox, a 19-story, 310-unit Class A luxury multifamily complex in the Knox/Henderson district near Downtown Dallas,...
Deka fund debuts in Canada with Montréal office tower purchase
Deka-ImmobilienMetropolen (DIM), the open-ended real estate fund managed by Deka Immobilien, has completed its first investment in Canada with the acquisition of Tour Deloitte,...
Marriott expands all-inclusive portfolio by adding 19 resorts
Marriott International Inc. has signed a long-term agreement with Sunwing Travel Group's hotel division, Blue Diamond Resorts, to add 19 all-inclusive resorts in the Caribbean, Costa Rica and...
WeWork to go public through $9bn SPAC merger
WeWork and BowX Acquisition Corp., a special purpose acquisition company (SPAC), have entered into a definitive merger agreement that will result in WeWork becoming...
KKR fund acquires industrial warehouse in Atlanta for $103m
KKR Friday said KKR Real Estate Select Trust Inc. (KREST) has purchased a 1.1 million square-foot, Class A industrial warehouse at Southern Gateway at...
Global prime office rents up modestly, net effective costs surge in low-occupancy regions
Prime office rents in major global cities have witnessed a modest rise of 1.1% year-over-year (YoY) as of Q1 2024, according to Savills' latest...
Hines buys historic Norton Building in Seattle
Hines has purchased the Norton Building, a 269,000-square-foot office building located at 801 2nd Avenue in downtown Seattle.
The purchase price was not disclosed. According to...
San Francisco and New York lead global tech cities index as London rises to...
San Francisco and New York have secured the top two positions in Savills’ biennial Tech Cities Index, underscoring North America’s continued dominance in global...
