NEW YORK CITY—Investors have begun to question the need for so many lodging REITs with a similar investment focus, according to Fitch Ratings. Enter ARCHT, which favors limited-service properties.

LONDON—Joining other Chinese financial firms in buying commercial property here, the state-owned Construction Bank will make its European headquarters at 111 Old Broad St.

CHARLOTTESVILLE, VA—Based on Form 13-F filings, the top 25 institutional investors saw an average increase of 11% in the value of their equity REIT holdings during Q1.

NEW YORK CITY—The JV greatly increases Canadian ownership of the 941,000-square-foot office tower at a time when the country's institutional players are “flush with capital,” Real capital Analytics' Dan Fasulo told Bloomberg.

NEW YORK CITY—Headquartered in Lower Manhattan since its founding in 1784, the bank will occupy seven floors at 225 Liberty St., part of the Brookfield Place office complex.

NEW YORK CITY—The agreement limits the Port Authority's financial exposure on construction of the 2.5-million-square-foot office tower, while providing Silverstein Properties a leg up on private-sector fundraising.

NEW YORK CITY—As June began, the Cornell/SelectLeaders Job Barometer hit job posting levels not seen in seven years, says Susan Phillips-LoPinto, SelectLeaders' CEO, in this <b>EXCLUSIVE,/b&gt; report.

NEW YORK CITY—The book retailer has reached the conclusion that investors and analysts have propounded for some time, with CEO Huseby saying “these businesses will have the best chance of optimizing shareholder value if they are capitalized and operated separately.”