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Immofinanz
Radka Doehring member of the IMMOFINANZ Executive Board (Credit: IMMOFINANZ)

IMMOFINANZ divests Polish properties for €28.5m

Publicly listed European commercial real estate group IMMOFINANZ has recently completed the sale of three office buildings in Warsaw to the ECHO Investment Group, one of the largest Polish developer companies. The transaction price amounts to EUR 28.5 million. According to Immofinanz, the sale is in line with the Austrian company’s portfolio optimisation strategy and…

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Ziad El Chaar, CEO Dar Global (Credit: Dar Global)

Dar Global to introduce $500 million Trump Hotel in Oman

UK-listed Dar Global, the international arm of Saudi mega-developer Dar Al Arkan, and the Trump Organization have partnered with Omran Group (Oman’s state-run tourism-development arm) on a Trump-branded resort in Oman. Valued at $500 million, this new hospitality project includes a Trump International hotel, hanging suites with private pools, furnished villas, and apartments serviced by…

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City Tower Vienna
Michael Klement, CEO of United Benefits Holding (Credit: United Benefits Holding)

United Benefits Holding invests in iconic City Tower Vienna

Independent real estate service provider United Benefits Holding has acquired City Tower Vienna forEuro Real Estate from Immofinanz for more than €150 million in what is the largest transaction in the office segment of Austria’s real estate market to date this year. The transaction was brokered by EHL Investment Consulting. One of the most prominent…

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(Andro Nodarse-León, Founder and CEO of LionGrove)

Upscale resort transforms following acquisition by LionGrove

Oceanfront Puerto Rico boutique resort  Wyndham Palmas Beach & Golf Resort is currently undergoing a dramatic transformation, set to be unveiled on May 18, 2023. The multi-million-dollar renovation comes as the intimate upscale property was recently acquired by Florida-based LionGrove, a leading hospitality investment firm. The rooms and common areas of the hotel will be transformed with…

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(Lorenzo Berho Corona Chairman at Corporación Inmobiliaria Vesta S.A.B. de C.V)

Vesta reinforces its balance sheet during Q3 2022

Mexico-based Corporación Inmobiliaria Vesta S.A.B. de C.V., one of the leading pure-play industrial real estate companies, announced results for the third quarter ended September 30, 2022. The company continues to benefit from significant rent increases across its portfolio, with in-place rents increasing 11.8% year on year while the vacancy rate has further declined, reaching record…

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(Farshad Yousefi CEO and cofounder at Fintor)

Fintor reinvents real estate investing for Millennials

Fintor, the next-gen fintech company enabling easy access to invest in real estate, raised an additional $6.2M, bringing its total funding to-date to $9M. Notable investors within the round include Public.com, Hustle Fund, 500 Global, VU Ventures, Graphene Ventures and angel investors, including real estate influencer Manny Khoshbin, Andy Madadian, Cindy Bi and Marcus Ridgway,…

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(Peter Federico, AGNC Investment Corp CEO)

AGNC Investment’s preliminary estimates Q3 22

US-based AGNC Investment Corp, an internally-managed mortgage real estate investment trust, announced on Monday (Oct. 10) that its Board of Directors has declared a cash dividend of $0.12 per share of common stock for October 2022. The dividend is payable on November 9, 2022 to common stockholders of record as of October 31, 2022. In…

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(Marcos Peigo CEO of Scala Data Center)

Scala builds Chile’s largest data center campus

Brazil-headquartered Scala Data Centers, the leading Latin American platform of sustainable data centers in the Hyperscale market, received the environmental license to build the largest data center campus in Chile. Located in Lampa, Santiago metropolitan area, the campus will have 120MW of total capacity and foresees an initial delivery of 30MW. Scheduled to start operations…

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