Stratus to sell Block 21 in Austin for $275M

Stratus to sell Block 21 in Austin for $275M

Stratus Properties Inc. Announces Agreement to Sell Block 21 for $275 Million to Ryman Hospitality Properties, Inc. Stratus Properties Inc.(NASDAQ: STRS) announced today that it...
Commercial property in Melbourne sold for A$24M

Commercial property in Melbourne sold for A$24M

Singapore's The Straits Trading Company Limited has agreed to acquire a commercial property located in Mulgrave, Victoria, Melbourne for AUD24.0 million (approximately SGD22.3 million),...
Hong Kong's CIC launches first mega construction innovation expo

Hong Kong’s CIC launches first mega construction innovation expo

Hong Kong based Construction Industry Council (CIC) announced the “Construction Innovation Expo 2019” (CIExpo) which will be held from 17 to 20 December 2019....
Caesars completes sale of The Rio in Las Vegas for $516.3M

Caesars completes sale of The Rio in Las Vegas for $516.3M

Caesars Entertainment has completed the previously announced sale of The Rio in Las Vegas to a company affiliated with Dreamscape Companies ("Dreamscape"), which is...
Dodge Momentum Index increases in November

Dodge Momentum Index increases in November

The Dodge Momentum Index moved 2.9% higher in November to 155.3 (2000=100) from the revised October reading of 150.9. The Momentum Index, issued by Dodge...
Scentre buys stake in Perth shopping centre for A$570M

Scentre buys stake in Perth shopping centre for A$570M

Scentre Group has acquired a 50% interest in Garden City Booragoon shopping centre, Perth for A$570 million, inclusive of long-term property management, brand and...
GDS buys data center campus in Beijing for US$348M

GDS buys data center campus in Beijing for US$348M

GDS Holdings, a developer and operator of data centers in China, has agreed to acquire a data center campus in the Shunyi district of...
City of Adelaide announces partnership for $400m redevelopment project

City of Adelaide announces partner for $400m redevelopment project

Lord Mayor Sandy Verschoor announced ICD Property as the development partner for the iconic Central Market Arcade, a A$400 million redevelopment project led by...
Japanese Sumitomo buys office building in Phoenix

Japanese Sumitomo buys office building in Phoenix

Tokyo-based Sumitomo Corporation has acquired the Collier Center, an office building in downtown Phoenix, Arizona, through its largest subsidiary Sumitomo Corporation of Americas (SCOA), headquartered...
The 10 most expensive streets in Canada

The 10 most expensive streets in Canada

Toronto’s Bay Street is the most expensive street in Canada, according to JLL's Most Expensive Streets Report which reveals the priciest corridors in Canada...
Prologis announces expansion in China investments

Prologis increases investments in China

Global logistics real estate company Prologis, Inc. announced the expansion of its development venture in China which increased its development capacity to more than US$3.5 billion...
Parramatta office property sold for $A105.3M

Parramatta office property sold for $A105.3M

SC Capital Partners, on behalf of its SCORE+ Fund has exchanged contracts to acquire Two Wentworth Street, an office property in Parramatta, NSW from...

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