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NEW YORK CITY-A recent lease signed by a Swiss pharmaceutical company has made a developer to start construction on a stalled office tower on Manhattan's East Side.
LONDON-The Great Capital Partnership (GCP), the Joint Venture between Great Portland Estates and Capital & Counties, has sold two Regent Street properties for GBP 112.60 million.
BRADENTON, FL-An Illinois-based company controlled by Inland Private Capital Corp. has purchased Lost Creek Apartments, a 272-unit community at 11140 Lost Creek Terrace, for $39.25 million.
AUSTIN, TX-Summit Hotel Properties Inc. has acquired eight Hyatt-branded hotels for an amount of $87.4 million, and plans to relocate its headquarters to Austin.
LONDON-Pramerica Real Estate Investors, the European arm of Prudential Financial, Inc., has secured GBP 24 million to refinance its recently purchased mixed-use property, 55 Old Broad Street in the City of London.
LYON, FRANCE-The Caisse des Depots Group and STAM have sold the Adenine office building at 60 Avenue Rockefeller in Lyon's eighth arrondissement for EUR 17.8 million.