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DoubleTree by Hilton Expands in China

DoubleTree by Hilton Expands in China

A new Doubletree by Hilton hotel has opened in China in Langfang. It marks the eighth Chinese location for the brand, which aims to open 30 hotels and resorts in…

Kennedy Wilson and Partners Buy $1.8 Billion of Bank of Ireland Loan Portfolio

Kennedy Wilson and Partners Buy $1.8 Billion of Bank of Ireland Loan Portfolio

Kennedy Wilson and Partners have purchased a UK-based loan portfolio from Bank of Ireland for $1.8 Billion, bringing their assets under management in Europe to $4.5 billion. The purchase was…

Milton Keynes to Get New Shopping Centre in £56 Million Deal

Milton Keynes will get a new shopping centre as part of a £56 million deal between The Crown Estate and Inter MK Limited, the owners of the MK Dons Stadium.…

Hyatt to Open Three Hotels in Mecca, Saudi Arabia

Hyatt to Open Three Hotels in Mecca, Saudi Arabia

Hyatt is to open three new hotels in the holy city of Mecca in Saudi Arabia by the end of 2014. Hyatt Regency Mecca is scheduled to open in to…

Shari’ah Compliant Property Purchases Allow Gulf Investors to Buy into Britain

Shari’ah Compliant Property Purchases Allow Gulf Investors to Buy into Britain

Gatehouse Bank plc, the City of London-based wholesale investment bank, has acquired a 541,962 sq ft core manufacturing and logistics facility in Glasgow, Scotland which is let to Rolls Royce…

Real Estate: “The Torch”, Dubai Marina Breaks World Record for Tallest Residential Tower

Real Estate: “The Torch”, Dubai Marina Breaks World Record for Tallest Residential Tower

A tower at Dubai’s world-renowned marina has broken the record for the tallest residential tower. At 348 metres “The Torch” has surpassed the height of Australia’s Q1 tower on the…

Jeff Davi Leaves Post as California’s Real Estate Commissioner

Jeff Davi Leaves Post as California’s Real Estate Commissioner

The 22nd Real Estate Commissioner of California, appointed by former Governor Arnold Schwarznegger, Jeff Davi will leave regulation to return to business. The commissioner has been serving current Governor Jerry…

Nomura Real Estate Office Fund Confirms Property Portfolio in Japan is Safe

Nomura Real Estate Office Fund Confirms Property Portfolio in Japan is Safe

Nomura Real Estate Office Fund has confirmed that its 51 properties in Japan have not suffered any significant damage following the major earthquake which struck Japan on Friday 11th March…