Inovalis REIT Completes €18.2 Million Sale of Sabliere Property
Inovalis Real Estate Investment Trust (REIT) (TSX: INO.UN) has announced the signing of an exchange contract to sell the Sablière property to a third party for €18.2 million ($26.4 million). This strategic move reflects the REIT’s ongoing efforts to optimize…
MAG Group Holding: A $11.9 Billion Real Estate Portfolio
MAG Group Holding, a leading multinational conglomerate operating across diverse industries, has announced that its real estate portfolio, including ongoing and under-development projects, has reached an impressive value of $11.9 billion. This milestone reflects the group’s robust presence in the…
CTP Delivers Tesco’s New 100,000 sqm Logistics Hub
CTP, the largest listed developer, owner, and manager of industrial and logistics properties in Europe by gross lettable area (GLA), has officially handed over a 100,000 sqm logistics centre to Tesco in Hungary. Situated on a 60-hectare greenfield site near…
Vista Outdoor Announces Finalization of CSG Acquisition
Vista Outdoor Inc. (“Vista Outdoor” or “the Company”) (NYSE: VSTO) announced today the completion of the sale of The Kinetic Group to Czechoslovak Group a.s. (“CSG”) (the “CSG Transaction”), following approval by stockholders at a special meeting on November 25,…
Fortress Acquires Gyptech, a Global Leader in Gypsum and Roofing Manufacturing Equipment
Fortress Investment Group (“Fortress”) has announced the acquisition of Gyptech, a global leader in the design, construction, and commissioning of gypsum wallboard and asphalt-shingle manufacturing equipment and services. This strategic acquisition will support Gyptech’s continued growth, with a focus on…
New Design Brief Explores the Impact of Extreme Heat
The American Society of Interior Designers (ASID) has launched a new design brief highlighting the effects of extreme heat on both the built environment and its inhabitants. This resource aims to equip interior designers with essential knowledge to address the…
Redfin Reports Increase in Pending Home Sales Following Post-Election Surge in Home Tours
Redfin (NASDAQ: RDFN) reported a 12.1% year-over-year increase in pending home sales during the four-week period ending November 24, marking the largest rise since May 2021. The uptick in home sales is attributed to a surge in early-stage homebuying activities,…
Keturah Unveils Development Promotions and Introduces Post-Delivery 5-Year Payment Plan
Keturah, a trailblazing luxury wellness real estate and hospitality brand, has unveiled an exclusive sales campaign for its iconic developments: The Ritz-Carlton Residences, Dubai Creek (part of Keturah Resort), and Keturah Reserve. This campaign, running until December 30, introduces a…
Franklin Street Properties Adds Bruce J. Schanzer to Board, Partners with Converium and Erez
Franklin Street Properties Corp. (the “Company” or “FSP”), a real estate investment trust (REIT), has announced the appointment of Bruce J. Schanzer to its Board of Directors, effective November 27, 2024. Mr. Schanzer will also join the Audit Committee on…
Ras Al Khaimah Ranked World’s Top City for Expats to Work Abroad
Ras Al Khaimah has solidified its reputation as a premier destination for living, working, and thriving by earning the top spot in a global survey conducted by InterNations, the world’s largest network for expatriates. The emirate outshone 53 cities in…
Weave Living and KKR Forge Strategic Partnership to Invest in Japan’s Multi-Family Properties
Weave Living, a premier living sector specialist in the Asia-Pacific, and global investment leader KKR have announced the establishment of Weave Living Japan Residential Venture I, a strategic partnership aimed at transforming Japan’s multi-family housing market. This new collaboration seeks…
Installed Building Products Reports Term Loan B Repricing and Provides Share Repurchase Update
Installed Building Products, Inc. (NYSE: IBP), a leading installer of insulation and complementary building products, has announced the successful repricing of its $500 million Term Loan B facility. Additionally, the company repurchased 250,000 shares of its common stock in November…