International

Michael Cale joins as US co-head of debt investments and Karen Horstmann will be the US head of equity acquisitions.

The joint venture between Signature Senior Lifestyle and an affiliate of Heitman will acquire and develop three to four sites that will house premium, private pay senior living schemes comprised of independent, assisted and dementia care apartment home units.

The acquisition marks the company's fifth in the US in the past 12 months, with three sites under its belt in New York City, and a recent announcement that it had secured permits in Chicago for a 170,000-square-foot ground-up co-living project in The Chicago Loop.

Dylan Taylor, who has been with Colliers for ten years, was promoted to the role some six months ago.

Oyo, which opened its first US hotel at the beginning of the year, plans to invest $300 million to expand in the country.

The 306,448-square-foot facility at 5959 West Howard St. was originally constructed in 2015 as a build-to-suit for FedEx Ground, the net-leased property supports distribution in the surrounding markets and features 101 dock high doors on a 39.81-acre site.

In an EXCLUSIVE GlobeSt.com article, Royal Institution of Chartered Surveyors executives says investors should take a broad view in delivering and managing future city infrastructure.

Blackstone Group LP-backed Embassy Office Parks REIT has risen 21% since its listing, beating indexes that track REITs in Singapore and Japan.