PORT ELIZABETH, SOUTH AFRICA-Thabang Lesaoana will lead the development of Madiba Bay, a planned luxury resort here, and other tourism-related investments in cooperation with the government.

PORT ELIZABETH, SOUTH AFRICA-Thabang Lesaoana will lead the development of Madiba Bay, a planned luxury resort here, and other tourism-related investments in cooperation with the government.

SINGAPORE-The fund is stocked with five assets valued at US $600 million. The value of the fund is expected to top $1 billion.

SINGAPORE-The fund is stocked with five assets valued at US $600 million. The value of the fund is expected to top $1 billion.

MONCTON, NEW BRUNSWICK-The Toronto-based REIT agrees to pay $18.15 million (Canadian 21.2 million) for the 310-room Delta Beausejour here with plans to sink an additional $6 million into the hotel.

MONCTON, NEW BRUNSWICK-The Toronto-based REIT agrees to pay $18.15 million (Canadian 21.2 million) for the 310-room Delta Beausejour here with plans to sink an additional $6 million into the hotel.

SAN FRANCISCO-The locally headquartered real estate company is acquiring the 4.2-million-sf portfolio for approximately $1 billion.

SAN FRANCISCO-The locally headquartered real estate company is acquiring the 4.2-million-sf portfolio for approximately $1 billion.