Strange looks of a building apparently aren’t enough to scare off big-name investors. That’s the case with 100 Federal Street in Boston—the so-called “pregnant building” recently purchased by Boston Properties.
Associated Estates Realty Corp., which owns rental-apartment buildings in cities like Indianapolis and Columbus, Ohio, is pushing into the upscale Los Angeles market despite some investor concerns.
A controversial real-estate investment is getting a makeover—and while the critics still aren’t sold, some advisers say it is worth considering for investors comfortable with the risks.
The Bloomberg administration is nearing a deal with the Related Cos. and a real-estate firm controlled by owners of the New York Mets to build a retail and residential development on a gritty swath of Queens near Citi Field.
Paris’s La Défense district, launched more than 50 years ago and now the largest business center in continental Europe, is suffering growing pains that raise questions about how and where Paris will expand in the future.
Storied French mutual insurer Groupama has put some prime Paris commercial real estate on the block. Fortunately for the firm, demand for top properties has stayed strong even as the crisis has raged on the Continent.
Developer Rick Caruso, Southern California’s king of upscale shopping centers, wants to make a splash in another real-estate sector by building a luxury hotel on 16 acres of beachfront in Santa Barbara.
KKR has long resisted getting into real estate. But after years of watching rivals invest billions of dollars in property, the private-equity firm finally is making its own big push.
The Turkish government is close to amending legislation that would allow certain foreign buyers to purchase property. Industry observers hope this will spark demand.
Most retailers don’t build their own stores. But Nebraska Furniture Mart Inc., owned by Warren Buffett’s Berkshire Hathaway, wants to do just that—along with developing a city-within-a-city around it on a 433-acre swath in a Dallas suburb.
Goldman Sachs, which purchased the massive Marriott Waikiki Beach Resort & Spa in Honolulu in 2005, is in talks to extend or modify the hotel’s debt, which is probably more than the property is worth.