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HOUSTON-Making its first move in the "land down under," the locally based REIT pays more than $91 million to Australian real estate company Empirica Management for ownership of the class A, fully leased asset.
DALLAS-Father and son Gerald and Jeff Hines and Michael Dardick of Granite Properties will be honored; Dan Beaird to be presented with McAuley Lifetime Achievement Award.
BERLIN-Union Investment has bought Rosmarin Karree, a 231,693-square-foot office and commercial building on Friedrichstrasse in Berlin's Mitte district, for an undisclosed price.
RIO DE JANEIRO-The Porto Maravilha redevelopment project includes investment for public and commercial uses in a 2-square-mile area, in preparation for world-stage events.
HOUSTON-Hines and Pinto Realty Partners have inked a joint venture deal to develop industrial buildings totaling nearly 9 million square feet in Pinto Business Park.
PARIS-Lilly France has inked a long-term lease with the Hines European Value Added Fund for 74,500 square feet of office space at the Riva building in Paris.