International

Domenico De Sole, chairman of Sotheby's Board of Directors, says that the board of directors approved the purchase deal after a comprehensive review. “After more than 30 years as a public company, the time is right for Sotheby's to return to private ownership to continue on a path of growth and success," he says.

In an Equiem survey 95% of respondents say enjoyment of their physical workplace is important to them in choosing an employer.

The joint venture will create a US real estate portfolio of both new and repositioned properties.

With the renovated Waldorf, the brokerage firm will take on marketing the 375 homes at the world-renowned hotel.

Chairman Richard Baker is stepping in with a cash bid valued at about $1.31 billion to take the company private.

The investment marks a record in financing in the CRE tech and information business, according to Real Capital Analytics.

The REIT is investing in the Quebec market through an equity partnership with Le Groupe Maurice.

The real estate private equity firm has purchased 26.5 million shares of the UK-based property and development company.