LONDON-Houston-based Hines has made a number of purchase and development ventures in London, one of many international firms finding safe haven in the steady office market here.
CHICAGO-The firm reports an FFO increase, hits an annual stock high note and talks about future acquisitions and development in its second quarter conference call.
CHICAGO-Two studies by the Institute of Real Estate Management show apartment rents increased up to 8%, while downtown office rents dropped about 8% nationwide.
DETROIT-Rock Venture’s Dan Gilbert, who’s become the savior of the downtown market, said Wednesday that he’d move 1,500 employees to fill almost half of the First National building.
DELFT, NETHERLANDS-The local retailer will finish installing solar panel roofs on most of its properties here by January, gaining more than 50% energy savings at each large store.
LONDON-Friday kicks off the 2013 Summer Olympics here, with more than 300,000 foreign visitors expected, and up to 70% higher room rates than usual, says JLL. Overbuilding may be an issue next year, however.
INDIANAPOLIS-The mall giant had increased FFO and other financial gains in the second quarter, and is moving forward on outlet center plans in the US, Brazil, Japan and Korea.