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Johor set for hotel construction boom

April 30, 2012

A total of 40 hotels are set to be developed in Johor, Malaysia, and close to half are expected to reach completion by 2017, according to the Business Times.

Japan CRE market will witness sustained activity, says Fitch

April 30, 2012

A recent report from Fitch Ratings noted that the commercial real estate market in Japan will likely remain strong as the year continues.

Chicago Board of Trade Building purchased for $151.5M

April 30, 2012

GlenStar Properties and USAA Real Estate Company recently purchased the landmark Chicago Board of Trade Building, according to a report.

More than $1 billion spent on hotel development by Dubai CRE tycoon

April 27, 2012

Khalaf Al Habtoor recently announced that he will spend $1.3 billion on a commercial real estate property in Dubai, as the city is on the road to economic recovery, according to Bloomberg.

Australian Palazzo Versace hotel on the market

April 27, 2012

The 12-year-old Palazzo Versace hotel was recently put on the market by its owners, according to the Sydney Morning Herald.

U.S. Bank announces loan finalization for Moffett Towers development

April 26, 2012

A joint announcement from U.S. Bank and Jay Paul Company noted that a commercial real estate loan for construction of Moffett Towers Phase II was finalized.

Northwestern Mutual sells Seattle property for $480M

April 26, 2012

The Russell Investments Center in Seattle was recently sold by Northwestern Mutual for $480 million, and the transactions is believed to be the largest of its kind in the western-half of the United States since 2006.

UK CRE investment stock drops during 2011

April 25, 2012

A recent report from DTZ showed that commercial real estate invested stock in the United Kingdom declined slightly during 2011.

Dutch debt issues piling up, CRE to blame

April 25, 2012

While there are many debt issues across Europe which make up the eurozone crisis, The Netherlands may be at the forefront of commercial real estate debt issues, and these problems may be coming to a head, according to The Wall Street Journal.

Going green can make significant financial impact

April 24, 2012

A report from Cluttons recently showed that the continued introduction of green technologies and practices in commercial real estate can significantly improve financial savings for property managers in the Middle East.

Beijing office space levels stabilize during Q1

April 24, 2012

A recent report from Jones Lang LaSalle showed that the overall demand for commercial real estate office space in Beijing did not witness much of a change during the first quarter of 2012.

$1.1B Thai development announced

April 23, 2012

Commercial real estate developer Siam Piwat recently announced that it is undertaking a retail and residential project with Thai agro, CP group and Magnolia Quality Development Corporation.

Rising Realty purchases Los Angeles landmark for $60M

April 20, 2012

Commercial real estate company Rising Realty Partners recently purchased the Pac Mututal Building, located in Downtown Los Angeles.

Abu Dhabi may witness CRE improvements in 2012

April 20, 2012

A recent report from Cluttons noted that even with commercial real estate rental rates declining in Abu Dhabi, the area may experience an improvement in the market this year.

CRE values fall in the UK during March

April 19, 2012

The commercial real estate market in the United Kingdom recently witnessed its fifth-straight month of property value declines, according to a report from Investment Property Databank.

CRE CDOs not without risk

April 19, 2012

A recent report from Deutsche Bank showed that the commercial real estate industry's collateralized debt obligations are being helped out by low interest rates, but there is still some risk involved, according to The Wall Street Journal.

Empire State Building's IPO may create large tax hit for some current investors

April 19, 2012

If the Empire State Building has an IPO - like Malkin Group intends - some current investors could experience significant taxes attached to it, according to Reuters.

U.K. commercial real estate improving

April 18, 2012

The United Kingdom is witnessing an improvement in commercial real estate property development, according to Savills Plc.

India could consider vacant land tax to encourage construction

April 18, 2012

The Indian government may enact a vacant land tax in order to discourage companies from hanging on to large parcels of undeveloped land and to encourage commercial real estate repairs to existing properties, according to The Times of India.

CRE mortgage originations rise significantly during 2011

April 17, 2012

The Mortgage Bankers Association recently released a report which showed that commercial and multifamily mortgage originations witnessed a volume increase of 55 percent during 2011.

Manila to witness office rental increase, says JLL

April 16, 2012

A recent report from Jones Lang LaSalle showed that the metropolitan Manila area may experience significant commercial real estate office growth this year, according to the Manila Bulletin.

CRE prices decline in Taipei during first quarter

April 16, 2012

The price of commercial real estate space in Taipei declined 4.1 percent during the first quarter of 2012 when compared to the previous period, according to a report from Yung Ching Realty.

KSL agrees to purchase North Carolina resort

April 13, 2012

KSL Capital Partners recently noted that it has purchased a famous resort located in Asheville, North Carolina for an undisclosed fee.

Property transaction volumes worldwide fall to start year

April 12, 2012

A recent report from Jones Lang LaSalle showed that the first quarter of 2012 witnessed lower transaction volumes than the previous quarter and during the same point in 2011.

Weingarten Realty sells large industrial CRE portfolio

April 12, 2012

A recent announcement from commercial real estate management company Weingarten Realty outlined its plan to sell a large portfolio of industrial properties to DRA Advisors.

Parkway sells 12 U.S. CRE properties

April 11, 2012

Parkway Properties recently announced that it had closed the sale of 12 of the 15 total properties in its non-core commercial real estate portfolio which were part of a previously announced sale.

Hines Global purchases Poland portfolio for 98.2 million euros

April 11, 2012

Hines Global REIT Properties recently purchased four properties located in Poland for a total of ?98.2 million (USD $130.8 million).

Chinese resort planned for development

April 11, 2012

Southwest China is set to receive a new resort from a Chinese commercial real estate company after a deal to build a project in Iceland fell through, according to China Daily.

Sahara Group to purchase famous NYC property

April 11, 2012

Commercial real estate company Sahara Group is in preliminary talks to purchase the New York Plaza hotel for a total of $600 million, according to The Economic Times.

Blackstone to purchase portfolio for $820 million

April 10, 2012

Commercial real estate company Blackstone Group recently announced the completion of a major portfolio purchase from Australian Dexus Property Group for A$800 million ($820.4 million), according to Reuters.

South Korean investors purchasing London assets

April 10, 2012

Multiple commercial real estate property investors have begun purchasing office properties in London in order to capitalize on the city's high returns, according to the Financial Times.

Wall Street property purchased by Ukranian billionaire

April 10, 2012

The commercial real estate office building located at 14 Wall Street was recently acquired by Alex Rovt, a Ukranian billionaire, according to Reuters.

China now largest grocery market on earth

April 09, 2012

The largest food and grocery retail market in the world is now China, as it recently passed the United States, according to a report from IGD.

CRE, residential building stock to jump by 2021

April 06, 2012

Building stock could rise significantly across the world by 2021 in both the residential and commercial real estate sectors, according to a report from Pike Research.

CRE owners in debt could be sued personally

April 06, 2012

A recent court decision in Michigan could shake the U.S. commercial real estate industry, especially if it catches on in other areas, according to the Wall Street Journal.

Commercial loan delinquencies increase

April 05, 2012

A report from Trepp showed that loans backed by commercial mortgage backed securities witnessed an increased rate of defaults during March.

DDR purchases two shopping center properties for $140M

April 05, 2012

Two commercial real estate properties were recently purchased by DDR for a combined total of $140 million, according to a report.

Paris now highest CRE investment city in Europe

April 05, 2012

London was recently surpassed by Paris as the number one European city during the second half of 2011 when it came to commercial real estate property investment, according a report from CBRE.

JLL sells stake in hotel for HK 2.3 billion

April 05, 2012

Jones Lang LaSalle's interest in a hotel located in Hong Kong was recently sold for HK 2.36 billion (USD $304.4 million), which makes it the largest hotel transaction in the region in 11 years.

Chengdu to receive tallest skyscraper in city

April 04, 2012

There are now plans to build a new commercial real estate hotel property in Chengdu, China, and it will be the tallest skyscraper in the city, according to GoChengdoo.com.

Inland Real Estate purchases two U.S. shopping centers for $74M

April 04, 2012

Two shopping centers were recently purchased by Inland Real Estate Acquisitions for a combined $74 million.

Prologis completes $605M in European third-party CRE sales

April 04, 2012

A report from commercial real estate developer Prologis showed that during the first quarter, the firm closed $605 million in dispositions.

New York named top business city worldwide

April 03, 2012

A Bloomberg Rankings report showed that New York City was the top global business city, in terms of clout over the past year, topping London, Paris and Tokyo.

HTA purchases office portfolio for $100M

April 03, 2012

A recent announcement from commercial real estate investment trust Healthcare Trust of America noted that it purchased the Steward Portfolio of office properties for approximately $100 million.

San Francisco to be best U.S. office market

April 03, 2012

A major aspect of the American commercial real estate market could be changing, as a report from Marcus & Milichap projected that San Francisco will soon surpass New York as the top office market in the country.

U.S. CRE market improving, but issues still remain

April 03, 2012

A recent speech from Dr. Mark Dotzour, a member of Texas A&M's Real Estate Center noted that the commercial real estate market is showing signs of improvement.

Commercial real estate market still has hurdles to overcome

April 03, 2012

The current atmosphere in the commercial real estate industry has some significant issues to deal with going forward, according to a report from CoreNet Global.

Malaysian development to be led by joint venture

April 02, 2012

A mixed-development commercial real estate project in Johor Baru, Malaysia, will go ahead as a joint venture between IGB Corp Bhd and Selia Pantai Sdn Bhd.

Guangzhou, China witnessing huge CRE expansion

April 02, 2012

One city in China is leading the country's surge in commercial real estate development in 2012, and as the year goes on, this is set to grow exponentially, according to World Property Channel.

U.S. CRE owners should be aware of capitalization tax changes

April 02, 2012

A new tax law related to the treatment of tangible property in the U.S. has been implemented, and commercial real estate owners need to be aware about how it affects them, according to Maria Miller, a senior manager at BDO USA.