USA> Ralph Winter of Corestate Capital Holding SA is set to invest $300 million in Medici USA based shared housing

Medici Living Identified by Brokerage Cushman & Wakefield as a top trend to watch, the concept of co- living and coworking along with co- everything is expected to be a hit in 2019. Ralph Winter office is set to invest $300 million over the next three years to develop 1300 units of Medici’s Quarters brand of shared housing for young professionals, expecting More …

UK > FirethornTrust, a property investment firm owned by US based billionaires the Stephens and the Van Tuyls, is set to invest in London property

Firethorn trust FirethornTrust which is a property investment firm that is run in tandem by two billionaire families, the Stephens and the Van Tuyls, is set to invest in properties in London. According to Peter Maher, one of the firm’s founders told Bloomberg the following: “Brexit in its current status causes uncertainty. The uncertainty causes volatility and the volatility causes opportunity.” The More …

SCOTLAND > USA based Union Investment is set to acquire Edinburgh hotel complex for $55.9 million (€43.4m)

Union Investment USA based Union Investment is set to acquire two hotel properties in Edinburgh’s historic city center namely Premier Inn with 127 rooms and Hub by Premier Inn with 121 rooms for approximately $55.9 million (€43.4m GB) from the vendor MAS Real Estate. The properties are on a long- term lease to Whitbread, an experienced operator and the transaction is Union More …

CANADA > USA based Marcus & Millichap expands into Canada with the acquisition of Primecorp Commercial Realty Inc.

Marcus & Millichap A leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services, Marcus & Millichap, Inc. has expanded into Canadian market with the acquisition of Canada based Primecorp Commercial Realty Inc. Primecorp is an Ottawa based commercial real estate service firm that was established in 1998 and provides brokerage services in all product types. Primecorp More …

THAILAND > Singapore based Co-working space firm – JustCo – to spend more than $100 million to add 100 locations in 13 Asian markets

justco logo According to JustCo founder and chief executive officer, Kong Wan Sing, JustCo is set to spend more than $100 million in 100 locations in 13 Asian markets including Thailand. Besides Thailand, co working spaces will be set in India, Vietnam, Taiwan, Japan, South Korea, the Philippines, Hong Kong, mainland China, Australia, Singapore, Indonesia and Malaysia. Bangkok will see five new More …

UK > Canada based Avison Young is set to acquire UK based Wilkinson Williams LLP opening new office in London’s West End

Avison Young According to the Chair and CEO of Avison Young, Mark E. Rose, Avison Young has acquired legal advisory firm based in U.K. – Wilkinson Williams LLP and has opened a new office in London’s West End. Founded in 1991, Wilkinson Williams has been the leading advisory specialist firm acting in the U.K.’s out-of-town retail market. Representing many leading landlords and More …

VIETNAM > Japan based Hinokiya and Vietnam based TWG are setting up a joint venture to develop real estate projects in Vietnam

hinokiya logo Following a cooperation agreement on June 22, Japan based Hinokiya and Vietnam based TWG are setting up a joint venture to develop real estate projects in Vietnam. TWG CEO Le Cao Minh commented that the first project will be in HCMC which will be a Japanese style housing covering an area of 9.7 hectares. Many foreign investors are interested in More …

TURKEY > UAE based Rotana opens up two new hotels Centro WestSide and WestSide Arjaan by Rotana in Turkey

rotana logo One of the leading hotel management companies in the Middle East, Africa and Turkey, Rotana has opened up two new hotels namely Centro WestSide and WestSide Arjaan in the European side of Istanbul. Both the hotels were in partnership with Mar Yapı which is one of Turkey’s leading innovative real estate development companies. The two new properties are strategically located More …