The American Tower Corporation (ATC), an independent owner, operator and developer of multi-tenant communications real estate (cell towers) generated over $215m in operating revenues during 2016 from its towers owned in Nigeria, according to their 2016 year-end financial statements. The […]
New sale reports have been published showing transactional details on the acquisition or disposal of investment grade commercial properties in Sub Saharan Africa. The transactions covered include: Mövenpick Ambassador Hotel Accra – Ghana (2016) Mall de Tete, Tete – Mozambique (2016) View the sale reports.
AXA Investment Managers – Real Assets has announced that on behalf of a consortium of international investors, it will continue construction of 22 Bishopsgate (“22”) in the City of London. The planned 62-storey, 912ft building will be the tallest in […]
Name: The Tower; Location: Dubai Creek Harbour; Developer: Dubai Holdings & Emaar Properties; Designer: Santiago Calatrava (Spanish/Swiss Architect); Height: Not released; Floors: Not released; Construction Started: Q4:2016; Expected Completion: 2020. Billed to be the tallest building by year 2020 rising above Dubai’s […]
KKR, a leading global investment firm, today announced the final closing of KKR Real Estate Partners Europe L.P. (REPE), a $739 million fund focused on opportunistic investments in real estate and real estate-related transactions primarily in Western Europe. Speaking on […]
In a deal that is set to become the largest office transaction Singapore has ever seen, the Qatar Investment Authority has agreed to buy Asia Square Tower 1 for $2.5 billion (S$3.4 billion) from BlackRock, the world’s largest asset manager. Asia Square Tower 1 is located in […]
In the past 10 months, South African retailers and investors have spent over £1.85 billion on the acquisition of retail chains within Europe. Brait SE, a South African owned investment company started the trend when they acquired British fashion retailer New Look for £780 […]
China-based Insurance Company, Anbang Insurance Group Co. has a contract in place to buy Strategic Hotels & Resorts Inc. for $6.5 billion from Blackstone. Strategic owns 16 U.S. hotels, with all but one competing in the luxury sector. Its hotel […]