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Healthcare Trust of America purchases Michigan office for $51.3M

February 21, 2012

A recent commercial real estate office purchase occurred in Novi, Michigan, for close to $51.3 million.

U.S. retail property has impressive 2011, high hopes for 2012

February 21, 2012

Commercial real estate investment firm Marcus & Millichap recently released a report showing that the U.S. retail property sector witnessed a strong year during 2011, and there should be much of the same in 2012.

CBRE: Many important themes in current CRE

February 21, 2012

A recent report from CBRE Econometric Advisors showed that there are some key commercial real estate trends occurring around the world in 2012.

Hong Kong retail rents higher than NYC prices not dissuading tenants

February 17, 2012

The commercial real estate retail rents in Hong Kong are now among the highest in the world due to the high tourism in the area, according to Bloomberg.

Chicago office building sold for $126M

February 17, 2012

The Civic Opera Building was recently sold by commercial real estate company Tishman Speyer Properties for approximately $126 million, according to ChicagoBusiness.com.

Russian CRE witnesses its highest investment volume ever in 2011

February 17, 2012

Commercial real estate investment in Russia witnessed a more than 200 percent increase from 2010 to 2011, according to a report from CBRE.

Dutch CRE manager fails to repay loans

February 16, 2012

Netherlands-based commercial real estate property manager Uni-Invest recently did not pay a ?602 million (USD $791 million) loan which is now due, according to Bloomberg.

Partnership to launch billion-dollar development at UK's Victoria Circle

February 16, 2012

A joint commercial real estate partnership between the Canada Pension Plan Investment Board and Land Securities Group PLC will develop Victoria Circle in London, which will cost approximately £1 billion (USD $1.57 billion).

CBRE says firms accepting risks present in emerging markets

February 16, 2012

More corporations continue to be willing to invest in emerging markets, despite the continued economic and civil issues that plagued the world during 2011, according to a study from CBRE.

Brookdale purchases $121M in senior living units

February 15, 2012

A recent purchase was completed by Brookdale Senior Living, which consisted of more than 1,000 commercial real estate property units in nine senior-oriented communities.

Owners of Empire State Building to file IPO

February 15, 2012

The Empire State Building's owners have decided to raise $1 billion through an initial public offering, and become a commercial real estate investment trust in the process, according to Bloomberg.

CRE values drop in the UK in January

February 15, 2012

January witnessed a slight decline in commercial real estate values in the United Kingdom, according to a report from IPD.

Chicago CRE property could be seized by NorthStar

February 14, 2012

The John Hancock Center, a commercial real estate building in Chicago with office, retail and residential space may be seized by NorthStar Realty Finance Corp., from its current owners, according to Bloomberg.

Banks starting to lend again for CRE in U.A.E

February 13, 2012

The United Arab Emirates is witnessing its banks increasing their confidence regarding commercial real estate lending, according to The Wall Street Journal.

JW Marriott Marquis Dubai to be tallest hotel in the world

February 13, 2012

A new hotel is set to be completed in Dubai this year, which will be the tallest building of its kind in the world.