International

World's Tallest Hotel to Open in Dubai in Q4

DUBAI-Marriott is debuting its Marquis brand outside the US for the first time with this 1,608-room hotel, being built by locally based Emirates Group for a reported $490 million.

Global Perspectives
International Slowdown Won't Impact Brezile Commercial Real Estate

Positive trends in the Brazilian real estate market are expected to continue fueling investor interest and appetite, in spite of slowed growth in the country’s economy.

LaSalle Investment, Quantum JV for $1B Plan

CHICAGO-The venture is targeting investments in excess of $100 million, with an initial focus on major markets in Australia, France, Germany, the United Kingdom and the United States.

Legal & General Property Secures Two New Tenants

LONDON-Legal & General Property has signed two lease deals totaling 4,550 square feet in Covent Garden.

GORG Adds Space at maxCologne Office Complex

COLOGNE, GERMANY-The GORG Partnerschaft von Rechtsanwalten has leased an additional office space measuring 18,298 square feet at the maxCologne complex in Cologne-Deutz from HOCHTIEF Projektentwicklung.

Prologis Sells 13 Logistics Sites for $335M

YORKSHIRE, ENGLAND-Blackstone bought the properties in the Midlands region here, as Prologis officials said the sites no longer fit in their investment strategy.

Helical Bar Signs GBP 100M Deal with Royal Bank of Scotland

LONDON-Helical Bar plc has inked a GBP 100-million Revolving Credit Facility for five years with The Royal Bank of Scotland.

Danish Music Conservatory Sold to Saxo Bank

COPENHAGEN, DENMARK-The two buildings, more than 100 years old, will get a $14 million renovation for office users.

Peakside Capital Announces Launch of 80 Hammersmith Road

LONDON-Peakside Capital has reported that the company has launched 80 Hammersmith Road, a 41,700-square-foot redevelopment in Hammersmith.

Hyatt Plans More Than 900 Rooms in Saudi

JEDDAH, SAUDI ARABIA-The Chicago-based firm has paired with businessman Majid bin Ibrahim Al Ibrahim to build three new hotels in the country, with two here and one in Riyadh.

Shrewsbury to Get GBP 150M Shopping Center

BIRMINGHAM, UK-A proposed new GBP 150-million shopping destination will replace three existing small retail centers in Shrewsbury.

Beijing Ratchets Up Office Rents by 75%

BEIJING-The city is riding the China Syndrome of smart growth, where leaders have held back some development to keep demand high, though Cushman says all markets will slow in 2012.

New JV’s Initial Investment: $158M in London Multifamily

LONDON- Apollo Global Real Estate Management, Ivanhoé Cambridge and Residential Land team up to invest in London-based properties.

Helical Bar Buys Broadway House for GBP 14M

LONDON-Helical Bar plc has acquired Broadway House, a 35,000-square-foot property at 1/15 King Street in Hammersmith, for GBP 14.1 million.

TrendCzar
Plain and Simple: A Jobs Killer

When I was a kid the idea of robots replacing manpower (jobs) was raised as a coming attraction. Lest I date myself, the 1964-65 New York World’s Fair showcased beguiling futuristic lifestyle and business conveniences in pavilions, featuring various mechanized fancies including TV phones. At the same time we had the Jetsons’ robot maid and a decade or so later R2D2 from Star Wars, among many other pop culture representations.

FORUM: Institutional Players Must Adjust Strategies , Says Boneham

For institutional players, it’s difficult to be aggressive in a market that’s redefining itself. But finding opportunities today means readjusting your strategy.

FORUM: Debt Maturities Will Bring Distress Opportunities for Equity

For institutional players, it’s difficult to be aggressive in a market that’s redefining itself. But finding opportunities today means readjusting your strategy.

FORUM: Massive Balance Sheet Repositioning Under Way, Says Leitner

For institutional players, it’s difficult to be aggressive in a market that’s redefining itself. But finding opportunities today means readjusting your strategy.

FORUM: Deal Paralysis is Over, Observes Oaktree's Liker

For institutional players, it’s difficult to be aggressive in a market that’s redefining itself. But finding opportunities today means readjusting your strategy.

FORUM: Casimir: In Opportunistic Space, Cash Will Be King

For institutional players, it’s difficult to be aggressive in a market that’s redefining itself. But finding opportunities today means readjusting your strategy.

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Events

Look out for the full 2012 RealShare Conference Series schedule--COMING SOON!
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Upcoming Conferences
Feb.
15
RealShare APARTMENTS EAST
Washington, DC
Mar.
07
RealShare PHILADELPHIA
Philadelphia, PA
Mar.
22
RealShare REAL ESTATE 2012
Los Angeles, CA
Apr.
03-03
RealShare NET LEASE 2012
New York, NY
Featured Event
RealShare APARTMENTS EAST


Multifamily's most influential and knowledgeable executives share their insights and outlooks for the marketplace at our upcoming first annual RealShare APARTMENTS EAST conference!
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Webinars

Charging the Hill: Commercial Real Estate and the 2012 Congressional Agenda

December 07
Critical issues impacting commercial real estate are coming up on the 2012 Congressional calendar, and their outcome collectively will impact all practitioners in this space. Top executives who know their way around Capitol Hill will share their thoughts on the direction this industry could take at the hands of our elected officials.

Featured Event
Protect Your Portfolio From Seismic Risk


This video webinar, presented by GlobeSt.com Thought Leader Partner Engineering and Science, Inc., will give commercial real estate investors a thorough overview of seismic Probable Maximum Loss Reports (PMLs). These reports are especially important for those investing in real estate in areas that are at risk for earthquake damage.
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User's Choice

BofA Reevaluates US Real Estate Portfolio

NEW YORK CITY-The investment bank would only save One Bryant Park in Manhattan and Bank of America Corporate Center in Charlotte, media reports show.

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