NEW YORK CITY—Norges Bank has significantly grown its headquarters space at 505 Fifth Ave.

BOSTON—Toronto-based Oxford Properties Group, which made a big splash in the Boston-area office market last year with a four-building portfolio purchase, has increased its downtown holdings with the $114.5-million acquisition of the 745 Atlantic Ave. office building here.

NEW YORK CITY—A contract has reportedly been signed by the Lotte Group of South Korea to acquire the New York Place Hotel here from locally-based Northwood Investors for $805 million.

WASHINGTON, DC—Locally-based Urban Investment Partners reports it has acquired the Tilden Hall apartment building on Connecticut Avenue here for $13 million and intends to spend another $18 million on renovations to the 76-unit property in Cleveland Park.

BOSTON—Construction has begun on the $31-millon renovation of the New England Center for Homeless Veterans facility in Downtown Boston. The project will expand housing as well as much-needed support services at the historic building.

NEW YORK CITY—The Port Authority of New York and New Jersey has selected a consortium, including Skanska, Vantage Airport Group and Parsons Brinckerhoff, to develop a $3.6-billion world-class terminal facility.

HYATTSVILLE, MD—Two new lease deals at the Gateway at University Town Center project here, which is currently under construction, brings the retail-office development to 95% pre-leased.

ROCKVILLE, MD—Locally-based commercial real estate owner and developer Federal Realty Investment Trust has appointed three veteran real estate executives to its core operating team beginning next month.